GURU’S DAILY INSIGHT
When the presence of depositor is mandatory??
At the time of opening of an account
When the presence of depositor is mandatory??
At the time of opening of an account
In case an account is opened by guardian on behalf of minor or on behalf of a person of unsound mind, presence of guardian is mandatory.
If account opened throught SAS/MPKBY agent, the presence of depositor is optional.
If the account opening forms and KYC documents are collected by the Post Office staff and the depositor’s signature is obtained in front of any authorized officials during the POSB account opening drives/melas / doorstep canvassing etc, the presence of such depositor is not mandatory.
Does the SB account holder himself have to sign on pay in slip 103 while depositing the cash or can someone else sign his signature and deposit the cash?
ReplyDeleteDo we need to tally their signature while depositing cash. Is there any such rule sir
Anyone can write a pay in slip on behalf of the account holder and sign it and pay the cash there is no rule that the account holder has to come and pay the cash.
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