Bank of Baroda Form 60 PDF

PDF Name	Bank of Baroda Form 60
No. of Pages	2
PDF Size	0.05 MB
Language	English
PDF Category	Banking & Finance
Source / Credits	bankofbaroda.in
Uploaded By	Pradeep

Bank of Baroda Form 60 - Summary

This form 60 can be download from the official website of Bank of Baroda i.e https://www.bankofbaroda.in/ or it can be direclty download from the link given below.

This form is used for declaration to be filed by an individual or a person (not being a company or firm) who does not have a permanent account number and who enters into any transaction specified in rule 114B.

Details to be Mention in Bank of Baroda Form 60

Applicant Details
Amount of Transction
Mode of Transaction
Aadhaar Number issued by UIDAI (if available)
If applied for PAN and if it is not yet generated enter date of application and acknowledgement number.
Details of documents being produced in support of identify in Column 1 (Refer Instruction overleaf)

Documents Required

A copy of the following documents need to be submitted along with Form 60 only under a scenario where PAN has been applied for but allotment is pending. These documents serve as identity proof/address proof in the above mentioned scenario (b) i.e. where PAN is not applied for.

Aadhar card
Driving License
Passport
Ration Card
ID proof from an accredited institution
Copy of the electricity bill or telephone bill
Any document issued by Central Government, State Government or any local bodies.
Any documentary proof related to the address mentioned in the form.

Form 60 must be furnished for these transactions when a concerned person does not have a PAN or has a pending PAN allotment.

Nature of transaction	Value of transaction
Purchase or sale of any motor vehicle excluding two wheelers	Any value
Opening of demat account	Any value
Opening an account with any banking institution or bank other than basic savings deposit account/Application to institution or bank or company for debit or credit card	Any value
Purchase or sale of an immovable property	value of Rs 10 lakh or above
A fixed deposit with any bank/post office/Nidhi/non banking financial company	Amount more than Rs.50,000 or aggregation of more than Rs.5 lakh during any tax year
Payment to restaurants or hotels in cash against the bills	Exceeding Rs. 50,000 at one time
Payment in connection with travel to any foreign country or payment for purchase of any foreign currency in cash	Exceeding Rs. 50,000 at one time
Payment of a life insurance premium	Exceeding Rs.50,000 in a year
Sale/purchase of company shares or contract for sale or purchase of securities	Exceeding Rs.1 lakh per transaction
Sale or purchase of goods/services other than the above	Exceeding Rs.2 lakh per transaction
Payment to a Mutual Fund for purchase of units	Exceeding Rs.50,000