Hi
I have a PPF account in India Post Office and have few queries –
1) When i deposit a sum of amount in my ppf account via cheque, the counter person say it will take about 20 days to credit the amount and then only the passbook will get updated. To how much extent it is true and when to deposit the amount so that it will get credit within 5th of the Month.
2) I want to know the procedure of withdrawal of maturity amount and how much time it will take to get the amount as if they are taking 20 days for deposit update only. and to what extent it is safe.
3) I have only a passbook with manual entries. what if i lost the passbook and how to ascertain my account in absence of that.
4) If Post office person is not at all helping / assisting at maturity to withdraw money and says he dont know anything on this or go to that table to that table, then in such cases whom to contact and what to do?
Awaiting your positive reply soon.
Thanks
Sunil Agarwal