Let’s know everything related to the Correos Savings Account…
(1) You will get more profit-You will earn 4 percent interest on this savings account. At the same time, SBI currently pays 2.75 percent interest. Also, interest up to Rs 10,000 is completely tax free. The minimum balance to be maintained in this account is only Rs 500. You also get the ATM facility and check book at the post office.
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(2) These documents must be delivered to open the account.To open this savings account, you will need to present your voter card, aadhar card, ration card, passport and driver’s license as proof of identification. At the same time, proof of address must contain bank book, passport, ration card, electricity bill, telephone bill, Aadhar card. Along with this, the last passport size photograph will have to be submitted.
(3) Where to get the form- To open a savings account at the post office, a form must be filled out. In addition to the post office, this form can also be downloaded from the department’s site. Apart from this, KYC is also required. Fill out the form and send it to the post office. After this, the post office will open your savings account.
(4) These facilities will be availableBy opening this account, you get the checkbook facility. At least 1 transaction in 3 financial years is needed to keep the savings account in working order.
For more details, you can visit the post office website https://www.indiapost.gov.in/Financial/Pages/Content/Post-Office-Saving-Schemes.aspx
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Tags:, Coronavirus, indian post, Post Office
PUBLISHED FOR THE FIRST TIME : May 07, 2020, 06:58 IST