This Rule of Post Office Will Change from December 12, Get It Done by Tomorrow, Otherwise It Will Have to Be Charged
If you have an account in the Post Office, then this news is for you. From December 12, according to the new rule, customers will be required to keep a minimum balance of 500 rupees in the Post Office Savings Account till December 11.
If there is no minimum balance in the customers’ account on December 12, then you have to pay the maintenance charge.
India Post tweeted
India Post has given information about this by tweeting. India Post wrote in a tweet that it is now mandatory to maintain minimum balance in the post office saving account.
While giving information, India Post said that after 11 December 2020, to avoid the maintenance fee applicable to the post office savings account, ensure a minimum balance of 500 rupees in your account soon.
Otherwise 100 rupees will be deducted from the account in the name of maintenance at the end of the financial year. According to India Post’s official website, the annual interest rate on the Post Office Savings Account is 4 percent.
The interest is calculated between the 10th of the month and the end of the month based on the minimum balance amount. Customers can open it as per their convenience from any nearest post office.
Who can open account in post office
The post office savings account can be opened by a single adult or jointly by two adults (Joint Acount) or a minor on behalf of a parent. An account can be opened by a minor above 10 years. Only one post office saving account (post office savings account) can be opened by one person.
Also, only one account can be opened in the name of a minor or without mind. Nominee is required at the time of opening a post office savings account.
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