POSTED BY March 6, 2013 11:10 am COMMENTS (2)ON
State bank of Hyderabad recovered about Rs.900/- for issuing their banker’s cheque (pay order) for PPF part withdrawal.
I am told that as per the PPF rules, the bank cannot recover any charges for issue of Banker’s cheque or pay order for PPF withdrawals. However I am unable to find out such rule in print.
What is the correct status regarding the above issue? Which authority will give a authenticated clarification?
6 mar 2013