PPF TRANSFER OUT
PROCEDURE TO A BANK
Zeroing of interest for the financial year in case of
Transfer-out to Bank
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HINTTM
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Function – M – Modify (Postmaster)
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A/c ID – PPF A/c ID
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Click on Go
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Interest Table Code – Delete present value
and select ZERO from the searcher
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From Date – 01-04-YYYY
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Click on Submit to verify
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Supervisor to Verify – Menu Shortcut –
HINTTM; Function – V – Verify
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Closure of PPF A/c
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HCAAC / CLOSE
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Function – Z – Close
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A/c ID – PPF A/c ID
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Balance – Check Transfer Box if Balance is
there / Uncheck Transfer Box if Balance is zero
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Transaction Type – Select Cash or Transfer
if Balance Transfer Box is checked
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Transfer A/c ID – SB A/c or Post Master
Cheque A/c if Transfer selected in Transaction Type
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Click on Go
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Click on Closure Tab
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Note the Tran ID
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Select Reason Code from the searcher
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Click on Submit to Verify
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Supervisor to Verify – Menu Shortcut –
HCAAC/CLOSE; Function – V – Verify
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