The Post Office has now made it mandatory to open a bank account from 1st April 2022 to invest in any type of small savings scheme like Senior Citizen Savings Scheme, MIS, Time Deposit Account etc.
If you have invested in Small Savings Scheme of Post Office, then this news is of your need. Due to the change in the rules, your pocket is going to have a bad effect from April 1, 2022.
According to the changed rules of the post office, now it has been made mandatory for customers to open a savings account or bank account to invest in Time Deposit Account, Senior Citizen Savings Scheme and Monthly Income Scheme (MIS).
The Post Office has now made it necessary to open a bank account from 1st April 2022 to invest in any type of small savings scheme like Senior Citizen Savings Scheme, Monthly Income Scheme, Time Deposit Account etc.
Now the interest you get on the amount deposited in these small savings accounts will be deposited in the post office savings account or bank account itself. Let us tell you that the post office has asked all the customers who do not have any kind of savings account to open it.
Savings account in post office or bank is important-
Post office has said that the customer can open his post office or bank savings account as soon as possible and pay the interest of Senior Citizen Savings Scheme, MIS, Time Deposit Account etc. of the post office. Will be done.
If you already have an account with the bank or post office, then link it with the small savings account of the post office. According to the notification issued by the government, without a savings account, you will not get interest in a small savings account. Therefore, before 31 March 2022, complete this important work.
In this way link SCSS / TD / MIS to savings
account- If you want to link Post Office Savings Account to SCSS / TD / MIS, then you can take advantage of Automatic Transfer service for this. Apart from this, to link the bank account, you can link through bank passbook or canceled check by visiting the post office.
