It is now necessary to keep a minimum balance of Rs 500 in a savings account in the post office.
Post Office: It is considered quite safe to invest in post office. There is no risk of any kind here. But if you have a Saving Account in the post office, then this news is important for you. The post office has made some changes in the rules of saving accounts. The post office has changed the minimum balance in the savings account. Earlier the minimum balance limit was 50 rupees. Which has now been increased to Rs 500. This rule will come into effect from December 11. That is, if you have less than 500 rupees in your savings account after December 11, then definitely maintain it.
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If you do not have a check book, then you can keep a minimum balance of 50 rupees. To avail government subsidy, it will be necessary to link the post office saving account with Aadhaar. Without this, there will be no money in the account.
Less than minimum balance will be fined
According to the new rules, the minimum balance has now been reduced to Rs 500. If you are unable to maintain a minimum balance, you will have to pay a fine of Rs 100. Not only this, if you have zero balance in your account. That is, if there is no money, the post office will close your account.
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Link to Aadhaar is necessary
If your savings account is not linked to Aadhaar (Link Account With Aadhar), then you will be separated from many types of government facilities. Therefore, it is very important to link the account with Aadhaar. The post office has also issued a notification in this matter. In which it is said that post office saving account holders can now avail direct benefit transfer (DBT) when Aadhaar card is linked.
