I recently had the nomination on my Public Provident Fund (PPF) changed. The procedure is quite simple. (Note that the procedure that I described below is specific to State Bank of India because that’s where I have my PPF account but the procedure should be the same elsewhere too.)
- First, ask the Bank or Post Office where you have your PPF account for a “Change of Nomination” form. The one issued by State Bank of India is shown below (click on the image for a full-size version).
- Fill-up the form, have it witnessed, and hand it over to the Bank or Post Office.
- Have the new nomination details recorded in the passbook (State Bank of India now issues a printed passbook for PPF accounts as well). Don’t forget this step — you should have both the nomination registration number and the nominee (and guardian, if applicable) details recorded in the passbook.
That’s about it. Your new nomination is now in effect.
9 thoughts on “How to Change the Nomination/Nominee on Your Public Provident Fund (PPF) Account?”
Vinaya,
Thanks for the detailed explanation.
Rakesh
@Rakesh:
You’re welcome. Have you ever had to change the nomination on your PPF account?
Vinaya,
Yes, I did change the nomination on my PPF account few years back. Don’t remember how the form looked like but i have an entry for the nominee in my PPF passbook.
Rakesh
In my SBI bank at Durgapur, WB, I was told that only nomination registration No. will be printed in my pass book and not the name of my nominee. I am confused; why won’t the noiminee name appear in my PPF pass book? Pl. help me.
Hi Vinaya,
Thanks for the info.
I recently went to my bank, Bank of India, asking for a change in nomination to my PPF account. The person-in-charge of PPF affairs told me that a fees of Rs 100/- will be levied for change in nomination. Is there such a provision for charges/fees for change in nomination?
Did you have to pay any charges for change in nomination?
Thanks, Madhusudan
@Madhusudan:
Not that I am aware of. Maybe you should ask them to show an official notification to this effect.
Sir,
I recently went to my bank State Bank of India, asking for a change in nomination to my PPF account. The person-in-charge of PPF affairs told me that Form PPF -E is meant filling of fresh nomination and not for change of nomination. they asked for to come up with fresh form. Pl. help.
Thanks.
Ashwani Sharma
Sir,
I recently went to my bank State Bank of India, asking for a change in nomination to my PPF account. The person-in-charge of PPF affairs told me that Form PPF -E is meant filling of fresh nomination and not for change of nomination. they asked for to come up with fresh form. Pl. help.
Thanks.
Ashwani Sharma
Hi Vinaya – I am planning to open a PPF account with ICICI but not sure whether they will issue passbook or not as the PPF accouny will be linked to my Internet Banking ID from where I will be able to Download the statement. In that Case if I change my nominee in future how I will come to know if its changes or not,
Thanks,
Nikhil Patwardhan