Application for Closing Public Provident Fund (PPF) Account

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.