SB Order No. 12/2015 regarding mandatory use/opening of Saving Accounts in CBS Post Offices for maintaining/development of relationship of customers with Post Office Saving Bank (POSB).
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Use/open Post Office Savings Account for the following activities:-
1. Credit of all maturity/premature/death claim values where amount is Rs.20,000/- or above.
2. Credit of Monthly/Quarterly/Yearly Interest in r/o MIS/SCSS/TD.
3. Any investment through another Bank Cheque.
4. Any subsequent deposit in RD/PPF/SSA through cheque
5. Updation of KYC in CIF.
6. Getting Free SMS Alerts for many Financial Transactions/Non Financial modifications.
7. Get Free ATM cum Debit Card.
Download SB Order NO.12/2015 from the link below
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