Post Office Savings Scheme: What are the main features of scheme?

Charushree Chundawat

Apr 17,2024

If the amount in a Post Office Savings Account is below the minimum limit of Rs 500 at the end of a financial year, a maintenance fee of Rs 50 is deducted.

To get a duplicate passbook issued, you have to pay Rs 50.

For issuing account statements or deposit receipts, Rs 20 each has to be paid.

It costs Rs 100 each for account transfers and account pledges.

It costs Rs 50 to change or cancel the name of the nominee.

In a year, you can use 10 chequebook leaves without any charge, and after that, there is a charge of Rs 2 per year.