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gptkbp:instanceOf
|
Savings account
|
|
gptkbp:accountClosure
|
Permitted anytime
|
|
gptkbp:accountClosureFee
|
No fee if closed after 1 year
|
|
gptkbp:accountOpeningFee
|
No fee
|
|
gptkbp:accountStatement
|
Available on request
|
|
gptkbp:accountTransferFee
|
No fee
|
|
gptkbp:ATMCardFacility
|
Available
|
|
gptkbp:ATMCardType
|
RuPay Debit Card
|
|
gptkbp:ATMWithdrawalLimit
|
₹25,000 per day (as of 2024)
|
|
gptkbp:availableOn
|
gptkb:India
|
|
gptkbp:benefit
|
Interest up to ₹10,000 per annum is tax-free under Section 80TTA
|
|
gptkbp:chequeBookIssue
|
On request
|
|
gptkbp:chequeFacility
|
Available
|
|
gptkbp:compatibleWith
|
gptkb:Non-resident_Indians_(NRIs)
|
|
gptkbp:connectsTo
|
India Post Payments Bank (optional)
|
|
gptkbp:convertedTo
|
Joint account
Single account
|
|
gptkbp:depositMode
|
Cheque
Cash
Electronic transfer
|
|
gptkbp:documentsRequired
|
gptkb:photographer
Address proof
Identity proof
|
|
gptkbp:dormantAccountPeriod
|
3 years of inactivity
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
Post Office Savings Account
|
|
gptkbp:interestCredited
|
Annually
|
|
gptkbp:interestTaxable
|
Yes, if interest exceeds ₹10,000 per annum
|
|
gptkbp:KYCRequired
|
Yes
|
|
gptkbp:mainInterest
|
4% per annum (as of 2024)
|
|
gptkbp:maximumBalanceLimit
|
No maximum limit (except for minor accounts)
|
|
gptkbp:minimumBalanceRequired
|
₹500
|
|
gptkbp:minorAccountOperation
|
By guardian until age 10
|
|
gptkbp:minorAccountSelfOperation
|
Permitted after age 10
|
|
gptkbp:mobileBanking
|
Available
|
|
gptkbp:nominationFacility
|
Available
|
|
gptkbp:offeredBy
|
gptkb:India_Post
|
|
gptkbp:onlineBanking
|
Available
|
|
gptkbp:openToPublic
|
Residents of India
|
|
gptkbp:passbookIssued
|
Yes
|
|
gptkbp:regulates
|
gptkb:Ministry_of_Finance,_Government_of_India
|
|
gptkbp:reopenDormantAccount
|
Permitted with application
|
|
gptkbp:serviceCharge
|
Applicable for non-maintenance of minimum balance
|
|
gptkbp:targetUser
|
gptkb:joint_venture
gptkb:Guardian
Minor
Individual
|
|
gptkbp:transferredTo
|
Between post offices in India
|
|
gptkbp:withdrawalFacility
|
Yes
|
|
gptkbp:withdrawalMode
|
ATM
Cheque
Cash
|
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gptkbp:bfsParent
|
gptkb:Post_Office_Savings_Schemes
|
|
gptkbp:bfsLayer
|
7
|