Interest payable, Rates, Periodicity etc. |
Minimum Amount for opening of account and maximum balance that can be retained |
Rate of interest 7.5% Per Interest will be compounded quarterly |
Minimum of rupees one thousand and in multiple of rupees one hundred and Maximum limit of rupees two lakh in an account or all account hold by an account holder. |
Channel of Subscription/Opening of accounts: - Branches. |
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Salient features |
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(iii) Account opened or deposit made in-contravention of rules will be eligible for interest @ PO Savings Account.
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