Q. Interest amount is not same as calculation done by NPF/Unit.
A. One Possible reason may be calculation of no of days of leap-year.
Q. New FDRs are not received in respect of Fresh Amt/Renewal after remitting the amount to IAFBA.
A. New FDRs are dispatched every month along with the pay-slips.
Q. Units/NPFs send their FDRs for clubbing, but clubbing is not taken into consideration why ?
A. Clubbing is effective from 1st Apr but for this FDRs must be given to IAFBA before receiving the yearly post dated interest cheques.
Q. Units/NPFs are not able to get the FDRs in time which are sent for renewal ?
A. Only those FDRs are renewed where maturity date is within a month and second reason may be that sometimes units/NPFs do not send their original FDRs along with renewal request this is also the reason of delay and increase of correspondence.
Q. Units/NPFs are not able to get the withdrawal amount in time why ?
A. Sometimes units/NPFs do not put the signature of Oi/c NPF and AOC/Stn Cdr on FDRs which are sent for withdrawal. And also units/NPFs do not return advance interest cheques along with FDRs for cancellation. It unnecessarily increases correspondence and delay in payment.
Q. Units/NPFs do not receive fresh FDRs inspite of the fact that they have sent the money for this purpose why ?
A. It may be due to, not mentioning the name of NPF for whom FDR is to be made.