- This service is aimed at simplifying the process of submitting these forms, which are self-declaration forms that individuals submit to the bank to avoid the deduction of TDS on interest income, provided their income is below the basic exemption limit.
- The service leverages technologies that are familiar to senior citizens and also uses an OMNI-channel approach.
- All deposit holders, including senior citizens, can now easily submit their tax waiver forms through SMS and website.
Question:
Q.1 Which bank has collaborated with Reserve Bank Innovation Hub to launch “Digitalised Submission of Form 15G/15H”?a. State Bank of India
b. HDFC Bank
c. Canara Bank
d. ICICI Bank
