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Post office New Rules: Important news for post office account holders, now passbook will have to be submitted before closing the account

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Post office New Rules: The post office issued a circular on January 13, stating that if you post office account holders want to close their account, then they will have to submit their passbook first.


Post office New Rules: If you are a post office customer ie you are a post office account holder, then this news is of your use. The post office has made some changes in its rules. If you are going to your branch for some work, then definitely keep the passbook with you. If you want to close any account other than RD, MIS , Senior Citizen Saving Scheme, Kisan Vikas Patra (KVP) or National Saving Scheme (NSS) , then it is now necessary that you Passbook has to be submitted first.

If you have made any investment in the post office and its maturity is complete and you want to close the account by withdrawing your money, then you have to submit the passbook first in the post office. The post office has recently issued a circular and informed about the new rule.

Post office issued circular on 13 January

The Post Office issued this circular on January 13, saying that ‘While closing the Time Deposit account, the customer will have to submit his passbook. This new rule will be applicable to all RD, TD, MIS, SCSS, KVP and NSC. After mentioning the last transaction in the passbook, a closure entry will be made in it and the post office employee will stamp that date.

Report will be issued as NOC

If you have closed the account, the post office staff will report to the account holder as an acknowledgment. This acknowledgment will be a guarantee that your account has been permanently closed. This acknowledgment letter can also be considered as NOC. If later the account holder asks for the statement of his account, then he will be issued a paper like a passbook for which the customer will not have to pay any charge.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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