LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

annonymous (na)     08 October 2012

Amount recieved from ppf


A person  whose ppf is matured in 2010   .

he did open  a saving account and put all the maturity  amount in that account .

money is remaining ideal  in the saving account from 2 years  ?

can this account freezed  to recover  debts ?(as it is clear  that money in saving account is  from withdrawl of ppf )



 1 Replies

Advocate Rohit (Advocate)     08 October 2012

if the bank account is non-operational for more than 1 year then it is deemed to be a non-operational. therefore, you need to write a letter to the bank manager asking to make the account operational so that you could operate the same.


You may call on the below mentioned number if required.


Advocate Rohit Dalmia



Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics

View More

Related Threads