Related Questions
Will TDS be deducted on premature withdrawal after death of primary holder of a Fixed Deposit with Bajaj Finance Ltd?
When will the TDS certificate be provided to the depositor for a Bajaj Finance Ltd. Fixed Deposit?
How will the maturity amount be transferred for a Bajaj Finance Ltd. Fixed Deposit?
Can I withdraw a Bajaj Finance Ltd. FD before the tenure expires? If yes, what is the impact on interest?
Can I show Bajaj Finance Ltd. Fixed Deposit investment for tax exemption?
If the primary applicant of Bajaj Finance Ltd. Fixed Deposit dies, then is it mandatory to inform BFL about the death?
fixed-deposit
1
Answer
Yes, because BFL cannot continue to pay interest and deduct TDS on the PAN of a deceased person.
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