Form 15G and Form 15H are forms you can submit to prevent TDS deduction on your income, if you meet the conditions mentioned below. For this, PAN is compulsory. Some banks allow you to submit these forms online through the bank’s website. Form 15H is for senior citizens, those who are 60 years or older; while Form 15G is for everybody else.
Form 15G and Form 15H are valid for one financial year. So, please submit these forms every year at the beginning of the financial year.
BANKING AWARENESS -2 --
RECALLED QUESTIONS – QUESTIONS THAT
CAN BE EXPECTED IN SBI PO/SBI CLERKS---IBPS PO/CLERKS MAIN EXAMS. ALSO
LIC AACO/GIC AAO/IAS
Mortgage
Priority Sector for RRBs
KYC Records Registry
Section 138 of N.I Act
Housing Loan under Priority Sector
Retention period of Form 15G/15H by banks ----- years
TT Selling rate-where used
FCNR (B) risk borne
by
And other questions
