Thursday, 4 December 2014

STATE BANK OF INDIA deposit holder can generate Form 15G or 15H to avoid TDS deductions by Online "Generate 15 G/H" Utility


Recently, State Bank of India has provided a very important and useful utility with the name of "Generate 15 G/H". To avoid TDS deduction on the fixed deposits, please download form 15 G/H, verify it , sign it and submit it to the branch concerned (in three copies) for recording the same in CBS. The branch will subsequently submit the form 15 G/H to the Income TaxAssessing Officer under whose jurisdiction the branch is located. The functionality for onlinegeneration of Form 15G/H has been introduced for the sake of customer convenience by obviating the manual filling up fixed deposit details by the customers.
Required Fields to Generate 15 G/H :
Name
Address
Mobile No.
Pan No.
Deposit Details etc.

Some fields like A.O. Codes and nature of business were asked to enter manually.
Requirement for generation of Form 15G / 15H :
SBI login user id and password.
Any deposit in the shape of FDR with any branch of State Bank of India.
Path for Generation of Form 15G or 15H. is given in below picture.

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