Post Office Application Form For extension of RD/TD/PPF/SCSS

Post Office Application Form For extension of RD/TD/PPF/SCSS Account

Post Office Application Form For extension of RD/TD/PPF/SCSS Account From Download

Based on the provided document, here are the key points for completing and submitting Form SB-EXT1 (Application for Extension of RD/TD/PPF/SCSS Account) (p. 1):

📄 Core Purpose of Form SB-EXT1

Target Action: Used by depositors to extend the tenure of an investment account beyond its original maturity date (p. 1).
Applicable Schemes: Valid exclusively for Recurring Deposit (RD), National Savings Time Deposit (TD), Public Provident Fund (PPF), and Senior Citizen Savings Scheme (SCSS) (p. 1).
Submission Timeline: The extension request must be processed relative to the exact date the account matures (p. 1).

⏳ Scheme-Specific Extension Periods

The applicant must request the precise extension block mandated by their specific scheme rules (p. 1):

RD and TD: Extended for a designated number of further year(s) (p. 1).
PPF: Extended strictly in block periods of 5 years (p. 1).
SCSS: Extended strictly in a block period of 3 years (p. 1).

📝 Mandatory Depositor Declarations

Applicants must provide key details and legal declarations on Page 1 (p. 1):

Account Particulars: The unique account number, original opening date, and final maturity date (p. 1).
Terms Agreement: A formal acknowledgment that the holder understands and will abide by all amended scheme rules during the extension tenure (p. 1).
Residency Status: A mandatory legal declaration confirming that the account holder (and the minor, if it is a minor account) continues to be a Resident Citizen of India at the start of the extension period (p. 1).
Execution: The dated signature, full name, and address of the account holder(s) or legal guardian (p. 1).

🏢 Post Office Verification & Processing

The bottom section is reserved strictly for administrative validation by post office staff (p. 1):

Ledger Check: Verifies original account details including the opening date, initial deposit amount, and exact scheme name (p. 1).
Log Entry: Formally documents the approved extension time frame, specifying the precise start and end dates (p. 1).
Record Update: Staff must update physical and digital logs, including the depositor’s passbook, deposit receipt, or statement of account (p. 1).
Authorization: Requires the final dated signature of the Postmaster and the official office seal (p. 1).