If you have invested in post office savings scheme or are going to invest in the future, then it is also important to know about the charges levied on various services in these. Let us know how much is charged on various services when investing in post office savings schemes.
Small Savings Schemes of the Post Office are the best option for investment. The reason for this is the guarantee of safety on the money invested in it along with good returns. Along with this, some of these schemes also get the benefit of tax exemption under section 80C of the Income Tax Act up to the limit of Rs 1.5 lakh. If you have invested in post office savings scheme or are going to invest in the coming time If so, it is also important to know about the charges levied on various services in these. For example, the person should be aware of the fee charged for issuing a duplicate pass book or check book. Let us know how much is charged on various services when investing in post office savings schemes.
Service charge details
- A charge of Rs 50 is charged for issuing a duplicate passbook at the post office.
- If you want to get the statement of account or receipt of deposit at the post office, then you will have to pay Rs 20 in each case.
- For issuance of passbook in lieu of lost or damaged certificate at the post office, Rs 10 will have to be paid per registration.
- In post office savings schemes, there is a charge of Rs 50 for changing or canceling the nomination.
- If you have invested in the savings schemes of the post office and want to transfer the account, then you will have to pay Rs 100.
- 100 rupees will be charged for pledging the account in the post office.
- No fee is to be paid for 10 leaves in a calendar year for issue of check book in Post Office
- Savings Account. And after that Rs 2 will have to be paid per check leaf.
- 100 will be charged on the dishonor of the check.
Appropriate tax will also have to be paid on all these service charges.
These schemes are in the post office
These small savings schemes of the post office include Post Office Savings Account, Recurring Deposit Account, Time Deposit Account, Monthly Income Scheme, Senior Citizen Savings Scheme, Public Provident Fund, Sukanya Samriddhi Scheme, National Savings Certificate and Kisan Vikas Patra.
Let us tell you that from October 1, the annual maintenance charge on ATM / Debit cards is Rs 125 plus GST. These charges are applicable for the period 1 October 2021 and 30 September 2022. India Post charges Rs 12 (inclusive of GST) for SMS alerts sent to its debit card customers. This charge is the annual charge for SMS alerts sent to debit card holders.
