Question

    ________ in conjunction with the Reserve Bank Innovation

    Hub (RBIH), announced the launch of “Digitalised Submission of Form 15G/15H” as one of the customer-friendly services, furthering the commitment to “Customer Delight.”
    A Punjab National Bank Correct Answer Incorrect Answer
    B State Bank of India Correct Answer Incorrect Answer
    C Canara Bank Correct Answer Incorrect Answer
    D Union Bank of India Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Canara Bank, in conjunction with the Reserve Bank Innovation Hub (RBIH), announced the launch of “Digitalised Submission of Form 15G/15H” as one of the customer-friendly services, furthering the commitment to “Customer Delight.”   Form 15G (Individual and HUF) and Form 15H (Individual-Senior Citizen) are self-declaration forms that an individual submits to the bank to request that TDS on interest income not be deducted because their income is less than the basic exemption limit. It is necessary to provide PAN for this.

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