Q-44 How entries in Books of Account/Cash book to be made on transfer of funds by UBI to KV and other stakeholders(Hqr,RO,RSCB & NSCB)? Ans Please see circular no 1-189/2015-KVS(HQ)(JC Fin) dated 27.05.2015. Q-45 Where FAQ on mode of deposit, process and procedure to be followed for deposit of offline/online fee is available? Ans Please visit https://eremit.unionbankofindia.co.in/Kvfees/ Q-46 Whether all bank accounts of SF and VVN with other banks(than UBI) are required to be closed? Ans Yes, all bank accounts with other banks are required to be closed, if UBI branch is within 8Kms from the KV. Q-47 Whether non closure of SF & VVN bank account with other bank tantamount to offence? Ans Yes Q-48 Whether premature penalty is applicable on withdrawal of deposit? Ans No Q-49 Whether TDS to be deducted by UBI on interest amount? Ans No Q-50 If fee has been paid twice, then what is process to get refund. Ans Double fee paid/unsuccessful fee will be refunded suo moto with in next days. Parents may be advised not to create panic. Q-51 To whom parents should contact for queries related to mode of deposit of fee/double deduction of fee/ non generation of fee receipt etc? Ans Please call UBI helpline no. 1800222244/.
Q-44 How entries in Books of Account/Cash book to be made on transfer of funds by UBI to KV and other stakeholders(Hqr,RO,RSCB & NSCB)? Ans Please see circular no 1-189/2015-KVS(HQ)(JC Fin) dated 27.05.2015. Q-45 Where FAQ on mode of deposit, process and procedure to be followed for deposit of offline/online fee is available? Ans Please visit https://eremit.unionbankofindia.co.in/Kvfees/ Q-46 Whether all bank accounts of SF and VVN with other banks(than UBI) are required to be closed? Ans Yes, all bank accounts with other banks are required to be closed, if UBI branch is within 8Kms from the KV. Q-47 Whether non closure of SF & VVN bank account with other bank tantamount to offence? Ans Yes Q-48 Whether premature penalty is applicable on withdrawal of deposit? Ans No Q-49 Whether TDS to be deducted by UBI on interest amount? Ans No Q-50 If fee has been paid twice, then what is process to get refund. Ans Double fee paid/unsuccessful fee will be refunded suo moto with in next days. Parents may be advised not to create panic. Q-51 To whom parents should contact for queries related to mode of deposit of fee/double deduction of fee/ non generation of fee receipt etc? Ans Please call UBI helpline no. 1800222244/.