How to open an account at a post office?

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 How to open an account at a post office?
To open an account a Savings Bank (SB), Recurring Deposit (RD) Time Deposit(TD), Monthly Income Scheme(MIS) a pay in slip and specimen signature slip for Savings Bank and Time Deposits are required.

For senior citizen accounts, separate forms are to be used. For opening a savings bank account at the post office an introduction is compulsory.

How to revive a silent account it?
When there is no transaction in an SB account continuously for 3 financial years, the account will be treated as silent account.

For revival, one application from the customer is required. LSG/HSG offices can revive the accounts independently. Remaining offices, HO will revive the accounts.

If the balance in the silent account is less than minimum, then INR. 20/- will be debited towards service charges.

Read more about: post office
Story first published: Wednesday, April 10, 2013, 8:44 [IST]
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