Voluntary closure requests under APY
Voluntary closure requests under APY
With
reference to the aforementioned subject, we understand that there are
requests from subscribers to the respective APY SPs for voluntary
closure of their APY
account.
In
this regard, as advised by PFRDA, you are requested to ensure stopping
of Standing Instruction/Direct Debit from the subscriber’s bank account
immediately on
receipt of closure request from the subscriber.
The detailed process on voluntary closure under APY would be informed by PFRDA in due course.
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Mumbai – 400 013
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