The Post Office offers a variety of schemes. You will get great benefits with these schemes. However the post office has recently taken a crucial decision. It has to be said that this is really good news. India Post has now increased the withdrawal limit on savings schemes. If you go into full details regarding this ..
If you look at the new rules .. India Post has increased the withdrawal limit of customers. With this the Rural Dock Sevak Branch customers can draw up to twenty thousand per day. Previously however it was five finger. Also the branch postmaster agrees to deposit cash up to fifty thousand. But will not pay beyond fifty fingers.
PPF, KVP, NSC New Rules:
Holders of Public Provident Fund (PPF), Senior Citizen Savings Scheme (SCSS), Monthly Income Scheme (MIS), Kisan Vikas Patra (KVP), National Savings Certificate (NSC) schemes can do so by deposit or withdrawal check.
Post Office Saving Scheme: Minimum Balance
4% interest on Post Office Savings Scheme. Also , a minimum balance of Rs.500 should be properly deposited in the Post Office Savings Scheme account. If less than Rs.500, Rs.100 will be deducted from the account maintenance fine.
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