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Post Office Cuts Penalty to Rs50 for Non-Maintenance of Minimum Balance in Savings Account - Vimarsana News

Post Office Cuts Penalty to Rs50 for Non-Maintenance of Minimum Balance in Savings Account

 0 In a small relief to the common man in a covid-struck difficult year, the penalty for non-maintenance of the minimum balance in a post office savings account has been reduced by half. As per a notification issued by the Ministry of Finance, the fee levied for non-maintenance of minimum balance in the post office savings account has been reduced to Rs50 (inclusive of GST) from Rs100 at present. This was done as part of the amendments to the Post Office Savings Account Scheme 2019 rules.    According to the post office savings account rules, currently an account holder is required to main...

12 Must-Have Features All the Best Bank Accounts Offer - Vimarsana News

12 Must-Have Features All the Best Bank Accounts Offer

12 Must-Have Features All the Best Bank Accounts Offer GOBankingRates 2/9/2021 Dawn Allcot © whyframestudio / Getty Images/iStockphoto new normal after covid19 epidemic smart asian female wear protection mask hand use smartphone communication in department store new lifestyle abstract blur background. When you’re looking to open a savings or checking account at a new bank, choose a bank that offers low fees, flexible banking options and products that meet your needs – along with convenience both at brick-and-mortar branches and mobile app technology. GOBankingRates’...

Source: msn.com