Post Office : People invest in post office for small savings. If you have also invested in any scheme like Monthly Saving Scheme of Post Office, Senior Citizen Saving Scheme, PPF, NSE and FD then this news has worked for you. Actually, from April 1, the post office is going to change the rule of interest on all these schemes.
If you do not invest according to the new rules of the post office, then you will not get the benefit of monthly, quarterly, half-yearly and annual interest. Let us know about this rule changing for the post office from April 1, 2022….
Because of this interest will not be available – Those who have not linked their savings account with MIS, SCSS and TD in the post office. They will not be given interest on the amount invested by the post office. Rather, this interest will be deposited in the treasury account on behalf of the post office.
According to the Indian Post Office, from April 1, the interest received on all schemes will be transferred only to the savings account of the investment or the account linked to the scheme. In such a situation, if you have not yet opened a savings account for the interest of your invested amount, then you should open it soon.
Also read: Post office: Deposit 5 thousand rupees every month, on maturity, you will get a fund of 8 lakh rupees, know the full calculation
how to link account
, The account holder has to submit form SB-83.
, Along with this, MIS / SCSS / TD account will have to be linked with your savings account of the post office.
, At the same time, after the completion of the linking process, the passbook of MIS, SCSS, TD account and passbook of post office savings account will have to be verified.
, A photocopy of the first page of the canceled check or bank account passbook has to be submitted along with the ECS-1 form.
, You will also have to provide a copy of the account in which you want to deposit the interest.