[maneesh]

I believe all the work of GPF can now be easily given to Public Sector Bank where the interest rate can be decided by Govt and the use of fund also to be decided by the Govt. Only the accounting part can be given to them. That will save a lot of hassless and even the agony of getting all the GPF transfered once a person is transfered from one location.
With Core Banking Solution only one A/c no in entire life will be required.