PPFAS -PKT Oct'24

Which statement is false 

• Investor can proceed for COBM online in case investor don’t have old Bank proof 

• Investor cant proceed for COBM online if he/she don’t have old Bank proof 

Which document is acceptable as Bank proof if investor is doing online COBM 

• Bank Statement /Pass Book front page 

• Pre-printed cancel cheque

What is correct process for COBM if investor don’t have old Bank proof 

• There is no process for COBM if investor don’t have bank proof 

•  Investor needs to visit branch for IPV 

Which statement is True

• Investor can proceed for COBM online without old bank proof in case old bank is Paytm Payment Bank 

• Investor cant proceed for COBM online if he/she don’t have old Bank proof in case of Paytm payment bank

If investor don’t have old Bank proof and he/she don’t want to visit for IPV Which solution we can provide to investor ?

• We can suggest investor to go for multiple bank registration form and need to fill Add bank and default bank details for that no need to submit old bank proof

• There is no any other solution we can provide to investor 

Which process has to be follow for redemption revalidation (Cheque issued to investor )

• Investor can give written letter requesting he/she don’t want redemption through cheque

• Investor needs to give written latter requesting that he/ she will not encash the cheque with attachment of Cancel cheque photo of recived cheque and new bank proof

Which first step investor needs to follow for redemption revalidation in case of Paytm payment bank 

• Investor needs to do COBM process first 

• Investor needs to give written latter requesting that he/ she will not encash the cheque 

Which of these below is the correct TAT for redemption revalidation 

• 30 days 

• 7 to 15 days 

• 20 days

• T+5 days

Identify the statement is true or false :  For COBM if investor don’t have old Bank proof he can visit CAMS for IPV 

• False 

• True 

Which of these statement is false 

• Investor can courier any Non-financial transaction (form )to PPFAS 

• Investor can courier any Non-financial transaction form to PPFAS but In KRA Image signature should be updated