POST OFFICE SAVING ACCOUNT
Introductory:
Saving account for petty saving and receiving transactions.
A person may open the account in his own name individually or jointly with an adult person.
A person may open the account on behalf of minor of whom he is the guardian or a person of unsound mind
A minor who has attained the age of 10 year may open the account independently.
Zero balance account for beneficiaries of MNREGA and otherGovt. Schemes.
Current Rate of Interest Payable.
Interest earned up to Rs. 10,000 in a financial year qualify for deduction from Income under section 80TTA of Income Tax Act.
TO GET THE APPLICATION FORMS AND ENROLL FOR THIS SAVINGS CLICK ON
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