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 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)

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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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