homepersonal finance NewsHow to use common forms for PPF, RD, NSC and other small savings schemes

How to use common forms for PPF, RD, NSC and other small savings schemes

How to use common forms for PPF, RD, NSC and other small savings schemes
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By Anshul  Apr 17, 2020 4:35:18 PM IST (Published)

In the latest circular, India Post also clarified that in case a depositor submits any of the earlier notified forms, then such forms may also be accepted.

India Post has issued common forms that can be used to open various small savings schemes accounts. These forms can be used to deposit, withdraw, to close or seek loans under different schemes.

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You could use these forms for services like withdrawal of Public Provident Fund (PPF), to open account under Sukanya Samriddhi Yojana, for starting recurring deposits (RDs), Monthly Income Scheme (MIS), National Savings Certificate (NSC), Senior Citizen Savings Scheme (SCSS), time deposit (TD) and other post office schemes, a circular issued by India Post said.
The department has been receiving references from field units and other stakeholders citing difficulties in using separate forms for each savings scheme as well as serious issues in printing/procurement and ensuring availability of all these forms in all post offices.
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