Top News

Changing cities for a new job or transfer is common, but one question often troubles people: What happens to my post office or PPF account when I move? The good news is — you don’t have to close your existing account. You can easily transfer your Post Office Savings Account or PPF (Public Provident Fund) account to another city or branch and continue saving seamlessly.

🔹 Why You Don’t Need to Close Your Old Account

Earlier, shifting cities often meant opening new accounts or going through complicated paperwork. However, now the post office and banks allow you to transfer your accounts directly to a new location. This ensures your savings and account history remain intact, without any need to start over.

How to Transfer a Post Office Savings Account

If you have a Post Office Savings Account and have moved to a new city, here’s what you need to do:

1. Visit your current post office:
   Go to the branch where your account is currently active and fill out Form No. 5 for account transfer.

2. Provide required details:
   Mention your account number, current balance, and the name and address of the new branch where you want to transfer the account.

3. Verification and transfer process:
   The post office will verify your details and initiate the transfer. Once the process is complete, you’ll receive a confirmation, and you can begin operating your account from the new branch without any interruption.

This process ensures your funds and account benefits remain safe and accessible, even after relocation.

How to Transfer a PPF Account

Transferring a Public Provident Fund (PPF) account is also a simple and hassle-free process. You can transfer it either from one post office to another, or from a post office to a bank, or vice versa.

Here’s how:

1. Submit a transfer request:
   Visit your existing post office or bank branch and fill out a written application requesting PPF account transfer. Include the complete address and branch code of the new office.

2. Document forwarding:
   The old branch will send your PPF passbook, nomination form, certified account statement, signature records, and other necessary documents to the new branch.

3. Complete KYC at the new branch:
   Once the new branch receives your documents, you’ll need to fill out a new account opening form and complete KYC verification to activate the account.

After verification, your PPF account becomes active at the new location, and you can continue making deposits and withdrawals as before.

How Long Does It Take?

Usually, the entire transfer process takes around one month. Once done, you can continue your PPF investments or post office savings from your new city without any break. Your interest, balance, and tenure remain unaffected by the transfer.

Final Tip

Always ensure that your personal details — such as address, phone number, and nominee information — are updated after transferring your account. This will help you receive timely updates and avoid any transaction-related issues in the future.

With these simple steps, you can move cities without worrying about your savings. Whether it’s a Post Office Savings Account or PPF, your money stays safe, active, and growing — no matter where life takes you.