Procedure for transfer of PPF acount from Post Office to Bank

1. Invoke HINTTM menu from Postmaster login for zeroing of interest for the current financial year.
2. In HINTTM, PPF account number to be entered; From date should be 01-04-YYYY; Interest table code should be ‘Zero’.
3. Verification has to be done by Supervisor.
4. Closure has to be invoked using HCAAC menu from PA login. Option ‘Transfer’ has to be selected and transfer account id should be Postmaster account (0340).
5. Closure reason should be selected as ‘Transfer to Bank’.
6. Closure has to be verified by Supervisor.