Is PAN mandatory for opening a 5 yrs. Tax saver FD ?

 

Greetings of the day !

 

I have gone to one prestigious bank and wanted to make an 5 yrs. tax saver FD of Rs. 40,000/-.

 

Old Form 60 details were already updated in my bank account.

I forgot to carry my PAN card to bank.

They denied to make FD without PAN card.

I told them to show me RBI or Income tax guideline on it.

They were unable to show me the same.

 

I wrote a letter myself mentioning that i didn't brought my PAN and Form 60 details already updated in my bank account and bank denying to open a 5 trs. tax saver FD without PAN. And i want a justification/reply/reason on that. And took acknowlegement from them. Till date i have not received any reply from the bank. (As Proof)

 

 

 

Pl. revert asap.

 

B. Rgds

 

Jaspal Singh

(MBA + 2nd yr. LLB)

 

PS : Later-on i had gone to the bank with my PAN card and have opened a 5 yrs. Tax saver FD amounting to Rs. 40,000/-. FYIP.