HDFC Bank PPF Nomination Form - Summary
The HDFC Bank PPF Nomination Form enables you to easily nominate multiple persons for your PPF account. You can select one or more nominees based on your preferences. If you have more than one nominee, remember to specify the percentage share for each person. This valuable feature ensures that the nominated individuals will receive the funds credited to your account in case of your untimely passing. However, it’s important to note that nominations cannot be made for accounts held by minors.
How to Fill the HDFC Bank PPF Nomination Form
Filling the HDFC Bank PPF Nomination Form is quite easy:
- Write down the names of your nominees.
- Specify the percentage share for each nominee if you have more than one.
- Double-check all details to ensure they are correct before you submit the form.
Why is Nomination Important?
Having a nomination for your PPF account is crucial as it ensures that your hard-earned savings are handed over according to your wishes. During difficult times, this helps your loved ones receive the funds without any complications. It not only simplifies the process but also protects them from facing lengthy legal procedures.
You can easily download the HDFC Bank PPF Nomination Form in PDF format from the link below. This download will assist you in completing the nomination process quickly and efficiently.