Showing posts from July, 2020
PMC Normal Case: (1) The account holder may withdraw the deposit and close the account at any time on an application in Form-2 subject to the following conditions, namely:- (i) In case, the account is closed before one yea…
The maximum monthly pension is capped at Rs 5,000 and only those who are between 18 and 40 years of age can contribute to APY. The need for a regular and fixed income after retirement is something most individuals look for…
1. What is Inward Clearing? Inward clearing is a cheque drawn by a drawer (DoP customer) from a drawee bank (DoP) in favor of a customer belonging to other bank which is the presenting bank. 2. …
