Search Letters Formats Here

Letter to Bank Manager for Extension of PPF Account (Sample)

The original duration of a Public Provident Fund (PPF) account is for a period of 15 years only. It can be extended for one or more blocks of 5 years each after the maturity.

letter to bank manager for extension of ppf accountThe PPF account holder/subscriber can request for the extension of the tenure for PPF investment by submitting necessary application form as may be prescribed by the bank or the post office or where the account is being maintained.

The request must be submitted within one year from the date of maturity.

Here are a couple of templates of the request letter to the bank manager for extension of PPF account. Modify the contents suitably as needed.


SAMPLE #1
(First Extension Request Letter)

Date: ..................

From
(Name of the PPF Account holder)
(Registered Address)
(Telephone Number)

To
The Manager
(Name of the Bank)
(Name of the Branch)

Sub.: Request for Extension of PPF Account
Ref: PPF Account Number ...........................

Dear Sir/Madam,

I have been maintaining a Public Provident Fund (PPF) account bearing number ......................... in your bank at .......... branch. The PPF account has completed 15 years after the initial year of its commencement on (Date).

I wish to continue to subscribe to my above-mentioned PPF account for a further block period of 5 years according to the prescribed limits.

Therefore, I request you to kindly extend the tenure as per my request. I shall be grateful.

Thanking you!

Yours faithfully,

   (signature)
(Name of the PPF Account Holder)


SAMPLE #2
(Subsequent Extension Request Letter)

Date: ..................

From
(Name of the PPF Account holder)
(Registered Address)
(Telephone Number)

To
The Manager
(Name of the Bank)
(Name of the Branch)

Sub.: Request for further extension of PPF account
Ref: PPF account number .......................................

Dear Sir/Madam,

I have been maintaining a Public Provident Fund (PPF) account bearing number ......................... in your bank at .......... branch. The PPF account had initially completed 15 years after its commencement on (Date) and upon my written request the same was extended for a further block period of 5 years on (Date).

I wish to continue to subscribe to my above-mentioned PPF account for a further block period of 5 years according to the prescribed limits.

I, therefore, request your goodself to kindly approve the extension of the tenure.

Thanking you!

Yours faithfully,

   (signature)
(Name of the PPF Account Holder)

Comments