Small Saving Account: Have you invested money in any small savings scheme of the post office? If that scheme has now matured or is about to mature, then this news is for you. The post office has now started freezing such accounts which have not been closed or extended even after three years of maturity.
Small Saving Account : Have you invested money in any small savings scheme of the post office? If that scheme has now matured or is about to mature, then this news is for you. The post office has now started freezing such accounts which have not been closed or extended even after three years of maturity. If this happens, you will neither be able to withdraw money nor deposit anything in it.
The account will be checked twice every year
The post office has issued an important order in this regard on 15 July 2025. Under this, now such inactive accounts will be checked twice every year – on 1 January and 1 July. The status of these accounts will be checked within 15 days. This step has been taken so that the deposited money of the investors remains safe and there is no misuse.
On which accounts will this rule apply?
If you have invested in any of the schemes mentioned below and it has matured, but you have not closed it or extended it, your account may be frozen.
- Time Deposit
- Monthly Income Scheme ( MIS)
- National Savings Certificate ( NSC)
- Senior Citizen Savings Scheme ( SCSS)
- Kisan Vikas Patra ( KVP)
- Public Provident Fund ( PPF)
- Recurring Deposit ( RD)
You will not be able to do any transaction in the freeze account
Once the account is frozen, no transaction will be possible in it. That is, you will not be able to withdraw or deposit money. Along with this, facilities like online services, standing order and auto debit will also stop.
How to activate a frozen account again?
If your account is frozen, there is no need to panic. You can activate it again. For this, you will have to go to the nearest post office and submit some documents:
Freeze account passbook or certificate
- KYC Documents (Aadhaar Card, PAN Card, Address Proof, Mobile Number)
- Account Closure Form ( SB-7A)
- Bank account details (where the money is to be sent), along with a copy of a cancelled cheque or passbook
- The post office will check your documents and signature. If everything is found correct, the account will be unfrozen and your money will be transferred.
What to do now?
If you have invested money in any scheme and it has matured, do not ignore it. Immediately go to your post office, close the account or extend the scheme. A little negligence can make you lose access to your hard-earned money.
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