Application for opening account
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....le, in duplicate and tender the amount of deposit payable in the manner specified in sub-paragraph (4) and a depositor intending to avail of the benefit under more than one section of the Act, as referred to in paragraph 3, shall make separate applications in the same manner, for opening account or accounts under each of such sections. (2) While applying under sub-paragraph (1) the depositor sh....
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....h the account stands, in the same manner as stipulated in sub-paragraph ^2[(6) If the deposit is made by a cheque or a draft or by electronic mode then, subject to such cheque or draft or payment by such electronic mode being realised, the effective date of deposit for the purpose of claiming exemption under the Act shall be the date on which the cheque or draft or payment by such electronic mo....
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....e a deposit receipt wherein the principal amount of deposit, date of deposit, date of maturity of deposit, shall be entered over the signature of the authorised officer of the deposit office. ************** NOTES:- 1. Inserted vide Notification No. 161/2025 dated 19-11-2025 w.e.f. 19-11-2025 2. Substituted vide Notification No. 161/2....
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