Is PAN required to be quoted at the time of withdrawal of Fixed deposit?
P.S : The F.D is not exceeding even Rs.1 lakh.
Mihir Manohar (CA Final - Article Assistant) (474 Points)
21 September 2014Is PAN required to be quoted at the time of withdrawal of Fixed deposit?
P.S : The F.D is not exceeding even Rs.1 lakh.
SATINDER PAL SINGH
(PROPRIETOR)
(33 Points)
Replied 21 September 2014
Narendra Pratap
(Financial Adviser)
(27 Points)
Replied 11 December 2014
As a rule not required, but your bank might just ask if you are a not so familiar customer to them. Do not take it as an offence, it is just they want to ensure that you are the legitimate customer or the person who can be given the money.
Know More about FD @ https://goo.gl/WU6nyv