If you have a savings account in the Post Office, then tell you that from 1 April 2021, the rules for depositing and withdrawing money have changed.
new Delhi. Great news for customers. If you also have an account post office then it is very important for you to know this. Please tell that there is a change in the rules related to having a saving account in the Post Office. These new rules have come into force from 1 April 2021. India Post Payment Banks has now decided to withdraw, deposit and charge AEPS (Aadhaar Based Payment System). That is, you will also have to pay a charge for depositing and withdrawing money. Let us tell you on which accounts this rule will be applicable –
How much will be the charge on the Basic Savings Account?
If you have a basic savings account, then you will not have to pay any charge for withdrawing money 4 times, but for more than that transaction, you will have to pay 25 rupees or 0.5 percent charge. At the same time, there will be no charge for depositing money.
How much will be charged on savings and current account?
If you have a savings and current account, then you can withdraw up to 25000 rupees every month. To withdraw more than this, you will have to pay a charge of 25 rupees. At the same time, if you deposit cash up to 10,000 rupees, then there will be no charge, but if you deposit more than this, every deposit will be charged at least 25 rupees.
charges on India Post AePS account.
There are unlimited free transactions on the IPPB network, but for non-IPPB only three free transactions can be done. These rules are for mini statement, cash withdrawal and cash deposit. After the free limit in AePS is over, a charge will have to be paid on every transaction. After the expiry of the limit, any deposit will be charged of Rs 20.
Charge will be charged even after removing the mini statement
Apart from this, if the customer wants to remove the mini statement, then for that you will have to pay 5 rupees. If you transact money after the limit is over, then 1% of the transaction amount will be deducted from your account, which is a minimum of Rs. 1 and a maximum of Rs. 25. Please tell that GST and cess will also be levied on these charges.