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The digital savings account can be opened on the bank's mobile app which is available on Google Android. Aadhaar card and PAN card details are required. There is no need for a monthly average balance and can be opened with zero balance. Other facilities offered are IMPS and free quarterly account statement.
(i) Account can be opened by cash/cheque and in case of cheque the date of deposit shall be date of clearance of cheque. (ii) Minimum Amount for monthly deposit is Rs. 100 and above minimum in multiple of Rs. 10.
Applying to Open a Post Office Account. Go to your local post office to get an application to open an account. Your local post office will give you an application for an account when you ask for one. Fill out the form, and make sure you have all documents for proof of address and photo I.D.
Anyone above the age of 18 years, having Aadhaar and PAN card, can open this account. The account can be opened instantly from the comfort of your home, which means banking anytime, anywhere.
The money deposited in a post office savings account can be withdrawn any time when the depositor needs. Only thing is a minimum balance of Rs. 50 should be maintained in case of a generic account and Rs. 500 in case of cheque facility.
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to keep your money safe. to pay using a debit card or check, instead of cash. to get cash from an automated teller machine, or ATM.
What is the Account Form? The account form refers to a two-column format for the presentation of the balance sheet. In this format, assets are listed in the first column, while liabilities and equity accounts are listed in the second column.
(i) Account can be opened with minimum initial deposit Rs. 250. (ii) Minimum deposit in a FY is Rs. 250 and maximum deposit can be made up to Rs. 1.50 lakh (in multiple of Rs.50) in a FY in lumpsum or in multiple installments. (iii) Deposit can be made maximum up to completion of 15 years from the date of opening.
(i) Account can be opened with minimum initial deposit Rs. 250. (ii) Minimum deposit in a FY is Rs. 250 and maximum deposit can be made up to Rs. 1.50 lakh (in multiple of Rs.50) in a FY in lumpsum or in multiple installments. (iii) Deposit can be made maximum up to completion of 15 years from the date of opening.
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post office savings bank application for opening of account purchase of certificate