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Counter Operation Recurring Deposit Withdrawal

Counter Operation Recurring Deposit Withdrawal. Account can be closed after completion of 5 years Application for withdrawal duly filled along with passbook should be submitted at the post office where the account stands

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Counter Operation Recurring Deposit Withdrawal

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  1. Counter Operation Recurring Deposit Withdrawal • Account can be closed after completion of 5 years • Application for withdrawal duly filled along with passbook should be submitted at the post office where the account stands • Account will be closed at all HOs and departmental Sub offices independently • If the date of maturity falls on holiday or Sunday, the account can be closed on previous day • Process to close the account is same as of SB account RULE NO : 113 POSB Manual Volume -I

  2. Counter Operation Recurring Deposit Withdrawal Role Of Assistant Postmaster • Check all relevant records. • Authorize • Return the passbook & SB-7 to counter PA RULE NO : 113 POSB Manual Volume -I

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