When writing an application to a bank for an extension of a PPF account, it's crucial to maintain clarity and politeness. Clearly state your name, PPF account number, and the purpose of the letter. Request the desired extension period and express willingness to fulfill any required formalities. End the letter with gratitude. Avoid ambiguous language and ensure all necessary details are included.
Table of Contents:
- Sample Letter
- Live Editing Assistance
- How to Use Live Assistant
- Additional Template Options
- Download Options
- Share via Email
- Share via WhatsApp
- Copy to Clipboard
- Print Letter
- FAQs
Sample Application to Bank for Extension of PPF Account
To,
The Manager,
_________ (Bank Name),
_________ (Address)
Date: __/__/____ (Date)
Subject: Extension of PPF account
Respected Sir/ Madam,
My name is ________ (Name) and I do hold a PPF account in your branch having account number ___________ (PPF Account Number).
I would like to inform you that my Public Provident Fund (PPF) account has completed 15 Years and I am writing this letter in order to request you to kindly provide me with an extension of 5 years for the above-mentioned account. I am willing to subscribe for the same scheme for 5 years for the referred account i.e. _______________ (Account number).
I shall be highly obliged for your kind support. I am ready to proceed with all required formalities.
Thanking you,
_________ (Signature),
_________ (Name),
_________ (Contact Number)
Live Editing Assistance
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How to Use Live Assistant
The Live Assistant feature is represented by a real-time preview functionality. Here’s how to use it:
- Start Typing: Enter your letter content in the "Letter Input" textarea.
- Live Preview: As you type, the content of your letter will be displayed in the "Live Preview" section below the textarea.
Additional Template Options
The letter writing editor allows you to start with predefined templates for drafting your letters:
- Choose a Template: Click one of the template buttons.
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Download Options
Click the "Download Letter" button after composing your letter. This triggers a download of a file containing the content of your letter.
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Click the "Share via Email" button after composing your letter. Your default email client will open with the subject "Sharing My Draft Letter".
Share via WhatsApp
Click the "Share via WhatsApp" button to send the letter as a message to a contact on WhatsApp.
Copy to Clipboard
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Print Letter
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FAQs
- Can I request an extension for my PPF account after it has completed its initial tenure?
- Yes, you can request an extension for your PPF account after it has completed its initial tenure. It's common to extend the duration in blocks of 5 years.
- What information should I include in my request for a PPF account extension?
- Include your name, PPF account number, the duration of the extension you're requesting, and express your willingness to comply with any necessary formalities.
- Is there a specific format for requesting a PPF account extension?
- While there isn't a strict format, ensure your request is clear, polite, and includes all necessary details to facilitate the extension process.
- How long can I extend my PPF account for?
- You can extend your PPF account in blocks of 5 years after the initial 15-year tenure.
- What should I do if I receive a response from the bank regarding my PPF account extension request?
- If you receive a response, carefully review any instructions provided by the bank and promptly fulfill any requirements to complete the extension process.
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Sandeep Bhandari