How To Transfer Sukanya Samriddhi Account from One Bank to another or from Post Office to bank and vice versa ? A lot of queries generated for procedure to transfer of Sukanya Samriddhi Account from one bank to another bank. Whether it is possible to transfer the existing Sukanya Samriddhi Account to transfer from one place to another ? This is the procedure similar to that of existing PPF account Transfer.
Read : How To Transfer PPF Account ?
Whether Sukanaya Samriddhi Yojana Account with existing bank is transferable ?
Yes, Sukanaya Samriddhi Yojana Account held with any banks or post offices may be transferred under accepted terms and condition. Based on the existing rules any customers of existing bank or post offices can transfer their existing Sukanaya Samriddhi Yojana account to any other bank of their choice any where in India.
Read : How To Open Sukanaya Samriddhi Account With Banks
Sukanaya Samriddhi Yojana Account Transfer Process
Follow the below mention instruction and process to transfer Sukanaya Samriddhi Yojana Account from one bank to another
- Individual needs to submit Sukanaya Samriddhi Yojana Account Transfer Request at existing bank/ Post Office mentioning address of beneficiary Bank branch with complete details.
- The existing bank/ Post Office branch shall arrange to send the original documents which includes certified copy of the account, the Account Opening Application, specimen signature, any other document etc. to beneficiary Bank branch address, along with debit mandate like cheques or demand draft for the outstanding balance if any in the Sukanaya Samriddhi Yojana Account.
- Once transfer documents are received at beneficiary Bank branch, person has to required once again to submit new Sukanaya Samriddhi Yojana Account form along with fresh set of all the requested document for KYC verification.
NOTE : Procedure followed here are standard, it may be varied as per the requirement of individual bank and post offices. In order to get the details we would suggest you to first get the guidelines cleared from the individual bank or post office before requesting for transfer of account.
