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The Post Office Savings Account scheme was initiated with a focus on the rural population who have minimal access to banks and banking facilities. (a) account means the accounting record kept at Head Office of all Bank transactions by a depositor with the Bank and of the interest earned by his deposits;. . Savings Bank Account Minimum INR 20/- for opening. Account can be opened by cash only. Minimum balance to be maintained in a non-cheque facility account.

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Similarly, if you open a savings account at the Post Office then you can earn an interest of 4% every year. You can have your own cheque book and passbook to. To invest in a NSB Postal Savings account simply visit your nearest Post Office or for more information call us on our 24 hour hotline at +94 11 2 As. 1. These Rules may be cited as the Post Office Savings Bank (Savings Accounts) Rules. “statement of account” is a record of the transactions in respect of an.

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by altering the "deposit" and "balance" figures in the account pass book the name of the Savings Bank Account holder in the said post office. Similarly, if you open a savings account at the Post Office then you can earn an interest of 4% every year. You can have your own cheque book and passbook to. The Post Office Savings Account scheme was initiated with a focus on the rural population who have minimal access to banks and banking facilities.