The postal department is rolling out a paperless Know Your Customer (KYC) system using Aadhaar biometric verification for ...

The account opens with just Rs 500 Whether you open a savings account in a bank or in a post office, it is very important to keep a minimum balance in your account at all places. Otherwise, you ...

Post Office Savings Account holders need to maintain a minimum balance by December 11, 2020 to avoid paying maintenance charges. The minimum amount that needs to be maintained in a post office ...

The postal department is rolling out a paperless Know Your Customer (KYC) system using Aadhaar biometric verification for opening Post Office Savings Bank accounts. The eKYC implementation starts ...

Until the full system enhancements are implemented, customers' consent for e-KYC and specimen signatures will be collected ...

The government has announced the interest rates for post office savings schemes for the final quarter of FY 2024-25. The ...

The various post office savings schemes are very easy to operate ... The interest earned from savings schemes like PPF, Sukanya Samriddhi Account and SCSS enable for claiming tax exemption ...

The Department of Posts has introduced a paperless Know Your Customer (KYC) process and facility to open Post Office Savings Bank (POSB) accounts and carry out transactions via Aadhaar authentication.

Deposits under the Sukanya Samriddhi scheme will continue to earn 8.2% interest. While Public Provident Fund (PPF) holders ...

During this initial phase, customers can open single-type Post Office Savings Accounts (POSA) through Aadhaar-based authentication at Departmental Post Office counters. The development follows similar ...