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Home Investment Post Office Schemes: Money has been invested in the savings scheme of...
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Post Office Schemes: Money has been invested in the savings scheme of the Post Office, so do this work quickly, otherwise you will not get interest!

By
Sunil Kumar
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March 9, 2022
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    Post Office Schemes: If you have also opened an account in small savings schemes, then there is big news for you. If you also want to take advantage of interest further, then do the necessary work by 1st April 2022-

    Post Office Schemes: If you have also opened an account in small savings schemes, then there is big news for you. Customers get many special facilities in the post office including Monthly Savings Scheme, Senior Citizens Savings Scheme, PPF, NSE and FD.

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    On these facilities, customers get the benefit of interest on monthly, half yearly, quarterly and yearly basis. If you also want to take advantage of interest further, then do the necessary work by 1st April 2022-

    Let us tell you that there are many people who have not linked their post office savings account or bank account with their MIS, SCSS, TD . If you have not linked yet, the interest you will get will not be paid in various office accounts.

    According to the information received from the post office, from April 1, 2022, the interest on all these schemes will be transferred only to the savings account of the investors or the account linked to the scheme  .

    Know how much interest will be received?

    Explain that the money of the scheme will be done only on the basis chosen by the investors. Let us tell you that it depends on you on what basis you want to credit the interest money in the account, quarterly, monthly, annually.

    Many account holders have not received interest

    , information has been given about this by issuing a circular from the post office. It is written in the circular that MIS / SCSS / TD account holders have not linked the savings account for credit of interest amount on monthly and quarterly basis, due to which these account holders have not received interest.

    Let us tell you how you can link the account-

    • The account holder has to submit form SB-83.
    • Let us tell you that you have to link your MIS/SCSS/TD accounts with the Post Office Savings Account.
    • Along with this, you will also have to carry MIS, SCSS, TD account passbook and post office savings account passbook for verification.
    • A copy of the first page of the canceled check or bank account passbook has to be submitted along with the ECS-1 form.
    • You will have to give a copy of the account in which the interest amount is to be deposited.

     

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      Sunil Kumar
      Sunil, has 4 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has pursuing MBA in Finance. He loves to Cycle daily and read books in free time. In case of any complain or feedback, please contact me @ discountwalas@gmail.com

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