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SB/CQE4 Department of Posts APPLICATION FOR AVAILING OF THE FACILITY OF CHEQUE SYSTEMDate.......................... To, The Post Office Savings Bank .....................................Post Office Please.

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Both the minimum and the maximum balance that may be kept are Rs. 500. The person may only open one account as a single account. The maximum amount that can be placed into a post office savings account is unlimited....Post Office Savings Account. Minimum DepositRs.500Maximum DepositUnlimitedMinimum WithdrawalRs.50Interest Rate4.00% p.a.

The account holders can now withdraw up to Rs 20,000 in a day in the branch of Gramin Dak Seva. Earlier, the withdrawal limit was Rs 5,000. The post office currently offers 4 percent interest per annum on individual/joint savings accounts. The minimum balance to be maintained in a saving account is Rs 500.

Funds can be transferred using below options: From your POSB account to self or third party POSB accounts using the option Initiate Funds Transfer within DOP. From your POSB account to other bank accounts through NEFT or RTGS using the option Funds Transfer To Other Bank.

Unlike other investment avenues like Mutual Funds, Equity, Gold etc it is not possible to operate your Post Office Savings Schemes account online i.e. you cannot track your account or invest online. You always need to keep your passbook updated all the time by standing in post office queues for hours.

(ii) A maximum of Rs. 9 lakh can be deposited in a single account and 15 lakh in Joint account. (iii) In a joint account, all the joint holders shall have equal share in investment. (iv) Deposits/shares in all MIS accounts opened by an individual shall not exceed Rs. 9 lakh.

To be eligible for a cheque book at the time of opening an account, you must make an initial deposit of Rs. 500. If you wish to get a cheque book at any other time, you must maintain a minimum balance of Rs. 500 in your account and request the post office to issue a cheque book.

Instructions on How to Complete a Cheque Requisition Form STEP 1: Claimant Information. Q_____________ ... STEP 2: Type of Payment: One type of Payment per Cheque Requisition. Check off the appropriate type of payment (only one per form) ... STEP 3: Accounting Distribution and Authorization. FUND/ORGN.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232