daatennessee.blogg.se - Post office mis interest rate calculator

Minimum of Rs.1,000 and in multiples of Rs.100.Funds Transfer (Sweep in/Sweep out) facility is available with IPPB Saving Account.

The facility to link with IPPB Saving Account is available.Online Fund transfer between Post Office Savings Accounts/Stop Cheque/Transaction View facility is available through Intra Operable Netbanking/Mobile Banking.Intra Operable Netbanking/Mobile Banking facility is available.At least one transaction of deposit or withdrawal in three financial years is necessary to keep the account active, else account became silent (Dorment).One account can be opened in one post office.Account can be transferred from one post office to another.Interest earned is Tax-Free up to INR 10,000/- per year from the financial year 2012-13.Cheque facility/ATM facility are available.500 not maintained, a maintenance fee of one hundred (100) rupees shall be deducted from the account on the last working day of each financial year and after deduction of the account maintenance fee, if the balance in the account becomes nil, the account shall stand automatically closed.

Minimum balance to be maintained in an account is INR 500/-, if balance Rs.

Account can be opened single, jointly, Minor (above 10 years of age), or a guardian on behalf of a minor.

Minimum Rs.500 is required to open the account.

Like Bank Account, Post Office also offers you the savings account to its customers.