Post%20Office%20Savings%20Schemes-%20National%20Savings%20Recurring%20Deposit%20Account%28RD%29%20

#PostOffice #PostOfficeSchemes

Account can be opened by cash/cheque and in case of cheque the date of deposit shall be date of clearance of cheque
If subsequent deposit is not made up to the prescribed day for a month, a default is charged for each defaulted month, default @ 1 rupee shall be charged for 100 rupee denomination account (proportionate amount for other denomination) shall be charged
Loan can be taken by submitting loan application form with passbook at concerned Post Office

Written By:Pallak

Updated: December 01 2020 06:41:06 PM ET Lucknow, Uttar Pradesh, India

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