Step by step process to make Canara Bank PPF payment through NEFT – Public Sector Canara Bank has launched the contribution of Public Provident Fund(PPF) online from other bank through NEFT. This feature will help the customer of the Canara bank to make the credit to their PPF account from any other bank instantly.
Also Read – How To Link Canara Rupay Credit Card For UPI Payments?
Follow the step by step process below to transfer fund to PPF/SSY
- Open the Internet or Mobile Banking application of your bank
- Choose the Option ‘Fund Transfer’ or ‘Payment’
- Go to Option NEFT or RTGS (if payment is more than two lacs)
- You have to ADD BENEFICIARY as one time measure
- Go to Option ‘Add Beneficiary’
- Add your PPF/SSY Account Number as a beneficiary
- The IFSC code : CNRB0001953.
- That’s Done ! Payment will be Credited to the account on same day.
- NOTE : PPF/SSY Payment can’t be made using IMPS.
Want to Open PPF account with Canara Bank, APPLY NOW ONLINE