|
|
| Discuss Worried regarding PPF agent misusing my account at the Investors Grieviences within the Traderji.com - Discussion forum for Stocks Commodities & Forex; I had opened a PPF (public providend fund) account through a post office an year ... |
|
|||||||
| Investors Grieviences Discuss your personal grieviences and frustrations with stock market intermediatories like brokers, registrars, bankers, etc. |
 |
|
|
Thread Tools |
|
#1
5th September 2010, 07:48 PM
|
|||
|
|||
Worried regarding PPF agent misusing my account
I had opened a PPF (public providend fund) account through a post office an year ago, through an agent. I had deposited money in the account through cheque, via my agent. Also, i had once handed over my passbook to the agent so that he can get passbook entry for deposits made. However, recently this thought has started coming to my mind. Can the agent, since he knows my account number, issue a request for duplicate passbook (on the basis of giving false information regarding passbook loss), and hence after obtaining the passbook, withdraw money from my account (after lock-in period) ? I don't think post office ask for any verification like original PAN card/driving license to people looking for issuing of lost pasbook, they just want a form to be filled. And at withdrawal time, they just need the passbook ! 
|
| Sponsored Links |
|
#2
6th September 2010, 08:46 PM
|
||||
|
||||
|
Re: Worried regarding PPF agent misusing my account
I have never used PPF, but I certainly know that nobody would give away your money just on the basis of the passbook. Also, all amounts greater than Rs. 20000 are given by a crossed(a/c payee only) cheque. So even if he tries to withdraw that amount, he will only get a cheque that is in your name.
|
|
#3
7th September 2010, 09:55 AM
|
|||
|
|||
|
Re: Worried regarding PPF agent misusing my account
Dceite for first 6 years you cant withdraw.After that partial withdraw allowed
Also if you really worried why dont you take back your passbook and say you yourself will update it.
|
|
| Bookmarks |
| Thread Tools | |
|
|
Indemnity, Disclaimer & Disclosure
Notice:
• By visiting Traderji.com you automatically indicate that you agree to our Forum Rules, Indemnity, Disclaimer & Disclosure Notice and General Content Disclaimer Notice and indemnify Traderji.com, its
associates and related parties of all claims howsoever resulting from
the usage of the forum/site.
• Disclaimer: Trading or investing in stocks & commodities
is a high risk activity. Any action you choose to take in the markets
is totally your own responsibility. You are recommended to make appropriate enquiries and seek appropriate advise before sending money, incurring any expenses, acting on recommendations or entering into any commitment in relation to any advertisement published here. Traderji.com does not vouch for any claims made by the advertisers of products and services. Traderji.com will not be held liable for any consequences in the event such claims are not honoured by the advertisers. Traderji.com will not be liable for
any, direct or indirect, consequential or incidental damages or loss arising out of the use of any information by anybody mentioned anywhere on this site.
• Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein.
The writers may or may not be trading in the securities mentioned.
• All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy or legality of any information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. Although we constantly delete all irrelevant content and/or SPAM, if you should find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
