Application for Closing Public Provident Fund (PPF) Account

When writing a letter to request the closure of a Public Provident Fund (PPF) account, it's essential to maintain clarity, politeness, and include all necessary details. Begin with a respectful salutation to the branch manager or relevant authority. Clearly state your intention to close the PPF account, providing the account number and reason for closure. Include relevant account details and specify the preferred mode of fund transfer once the account is closed. Enclose any required documents with the letter and express gratitude for their assistance.

Table of Contents:

• Sample Letter
• Live Editing Assistance
• How to Use Live Assistant
• Additional Template Options
• Download Options
• Share via Email
• Share via WhatsApp
• Copy to Clipboard
• Print Letter
• FAQs

Request Letter for Closure of Public Provident Fund (PPF) Account

To,
The Branch Manager,
____________ (Post Office/Bank)
____________ (Address)

Date: __/__/____ (DD/MM/YYYY),

Subject: Application for Closing PPF Account Number: _________ (Account Number)

Respected Sir,

I, ____________(Name) hold a PPF Account having ____________ (Customer ID). I am writing this letter to request you to close my PPF account bearing ____________ (Account Number). The reason for closure is due to ___________ (maturity/extension period over).

Public Provident Fund (PPF) details are mentioned below:
PPF account number: ____________ (Account Number)
Customer ID: ____________
Registered Mobile Number: ____________

Please transfer the funds once PPF is closed through ____________ (demand draft/cash/cheque/NEFT) as per norms.

As per requirement, I am enclosing PPF ___________ (PPF closure form, KYC, other documents if applicable) with the application.

Thanking you,

Kind regards,
____________ (Name)
____________ (Address)
____________ (Contact Number)

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FAQs

1. What should I include in the subject line of the letter for closing a PPF account?
   • The subject line should clearly state the purpose of the letter, such as "Application for Closing PPF Account Number: [Your Account Number]."
2. Is it necessary to provide reasons for closing the PPF account?
   • Yes, it's advisable to mention the reason for closing the account, such as maturity or expiration of the extension period, for the bank's records.
3. How should I address the recipient of the letter?
   • Begin with a respectful salutation like "Respected Sir" or "Dear Sir/Madam" when addressing the branch manager or relevant authority.
4. What documents should I enclose with the closure request letter?
   • Enclose any required documents, such as the PPF closure form, KYC documents, and any other relevant paperwork, to facilitate the account closure process.
5. What mode of fund transfer can I request upon account closure?
   • You can specify your preferred mode of fund transfer, such as demand draft, cash, cheque, or NEFT, according to the bank's procedures and your convenience.