PPF online payment

 All of us are aware of the tax benefits, as well as long term saving benefits of PPF Accounts.

In addition it is also a government of India controlled and operated saving instrument, much like Provident Fund. Hence the investment has full risk coverage from the government of India.

Opening and operating PPF Account

First and foremost we must be aware how to open and operate this account. In brief, the PPF Account can be opened with any of the Post Offices and any of the branches of  SBI (State Bank of India). From the year 2005, ICICI Bank has also been offering this scheme.

How to make PPF Online Payment

PPF Online Payment is not as simple a task, as we make other online payments such as Insurance Premium, Utility Bills, or buying insurance for automobiles. This is particularly so if you have opened your PPF Account in post offices.

It is simple if you are going to post office personally to pay the premium for PPF Account. However the designated bank, which can collect PPF Online Payment, is State Bank of India.  FOR SBI online PPF payment you will have to go personally to SBI and request them to activate your PPF Account for online payments. They will then obtain the necessary details of your PPF Account and activate it for online payments. Once done, then you can access it online and then pay your PPF Premium by PPF Online Payment mechanism.

It must be mentioned that this process has been found to be cumbersome by quite a few people, at least in the initial stage that is during the first Online Payment of PPF Premium. Then it becomes a regular process.

You can also directly open your PPF Account with State Bank of India, and then start makes PPF Payments online.

However there is another option available, and that is opening PPF account with ICICI Bank, which had started offering PPF Account from the year 2005. Here all your accounts, including your credit cards, fixed deposits, PPF Account are all attached to a single access. So, if you have opened your PPF Account with ICICI bank, the PPF Online Payment is just a few clicks process, exactly like all other online payments.

As of now these are the only two banks through which one can make PPF Online Payment of premiums. As and when newer options are made available for PPF Online Payment, the same will be updated in this site.

24 comments to PPF online payment in SBI and ICICI bank

  • Ramesh kumar

    i have an ppf account in sbi.i want to pay ppf from my online net banking.please tell me what is the process to activate

  • Rajasekhara k

    Hi,

    right now PPF On line payment option is not there in post office, as i asked in post off they told me that in future may come.
    but online payment option is available in Nationalised bank ppf accounts.

    Thanks & regards
    Rajasekhara kanakeri

  • arvind rathi

    pl tell, how ppf account on line payment is done.

  • Hemant Kumar

    Hi, I have a PPF a/c in ICICI. can i get it transferred to Post office.If yes, please eloberate the process.Thanks in advance

  • Aditya

    I have opened PPF account in Post office , How to make online payment for the same

  • RAJENDRA CHAMOL

    I have an PPF A/c of POST OFFICE, Noida. I am tranferred to Pune. Can i make the payment at Pune Post office thru. cheque OR can make online payment. pl. advise.

  • Suresh

    Hi Vivek,
    Whether IOB have the online PPF fund transfer facility now? I have opened the account in IOB recently. Some ppl say it has online payment but some say it doenst?
    It would be really great if you can provide me the details. Thanks in Advance.

  • birender singh rawat

    Can I pay online with my account for PPF payment. If yes then what is the process to activate.

  • dr jeetendra mohan

    how we can deposit rs 1000 in ppf a/c on line give arrangement

  • Sourabh Gupta

    Dear Sir,
    I have my with Post office & till date I have been operating it personally. Please tell whether there is any online payment option for PPF at Post Office.

    Regards.
    Sourabh.

  • NIRMAL KR. PATRA

    I have a P.P.F account in S.B.I.Can I pay the online premium from my net-banking?If yes then what is the process to activate.

  • Akshat

    I have my PPF account with post office and i want to tranfer my account to icici bank, but in post office they are saying you will not be able to tranfer to private bank. kindly tel what will be the way out.

  • niyas

    dear sir,
    I have my PPF account with post office that i ve been operating by personally going and depositing the money and getting the updates of the statement of the passbook. Please tell whether there is any online payment option for PPF at post office. if have any option please be inform to me
    thank you

  • Kumaresh

    Thank you very much for this post. I too opened my PPF account in post office. Was searching for options to pay it online. After reading this, I left my option of paying it online since that process is cumbersome.

    Better way to do it is to change it to a post office which is nearer to my house or work place. Thank you once again.

  • Avinash Singh

    I have my PPF account with post office that i ve been operating by personally going and depositing the money and getting the updates of the statement of the passbook. Please tell whether there is any online payment option for PPF at post office

  • ashish

    I have my PPF account with post office that i ve been operating by personally going and depositing the money and getting the updates of the statement of the passbook. Please tell whether there is any online payment option for PPF at post office

  • RAJAN

    i want to open the ppf account in icici or sbi so pls what i do nw can u suggest in near branches in ludhiana city. so pls where is ludhiana city branches where i opened the ppf aacount.

  • Vandana

    I have my PPF account with post office that i ve been operating by personally going and depositing the money and getting the updates of the statement of the passbook. Please tell whether there is any online payment option for PPF at post office

  • dhanalakshmi

    Can I pay online with my netbanking for PPF payment. If yes then what is the process to activate.

  • RANVIJAY

    I have a PPF account with ICICI bank,CP branch in New Delhi. There is no online facility available for the fund transfer. Is it possible that the Branch is no giving the correct information on online fund transfer?

  • Raghu - Free lance financial Planner

    You can set up on line payments to PPF account like any other fund transfers that you dowith either SBI or ICICI , with the PPF account as the benefeciary.

    How ever this is not the best method to do.

    Check for the authorised agents available at the branch where you have the PPF account , and you can pay by issuing checks , in favour of your PPF account , and avail the services of the agent to diposit the cheque to avoid the q’s.

  • Monika

    Can I pay online with my netbanking for PPF payment. If yes then what is the process to activate.

  • Himanshu

    Can I pay online with my credit card for PPF account premium?

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