<P> The account can be transferred to other branches / other banks or Post Offices and vice versa upon request by the subscriber . The service is free of charges . </P> <P> Step 1--Approach the bank or post office branch where the PPF account is held and ask for the form for making the transfer . The bank or post office will provide you with a form which is to be filled . </P> <P> Step 2--The existing bank will then forward the certified copy of the account, the account opening application, nomination form, and specimen signature . It will also forward the cheque / dd for the outstanding amount in the PPF account to the new bank at the branch specified by the customer . </P> <P> Step 3--Once your bank receives these documents, the bank will inform you and ask you to submit a new PPF account opening form along with the old PPF passbook . You can also provide nominations for this new account . You will also be required to submit the KYC documents . </P>

What is the benefit of ppf account in sbi