TRANSACTION LIMITS
|
Sl.No |
Scheme |
Min Deposit |
Subsequent deposit in the multiple of |
Maximum Deposit |
Remarks |
|
1. |
Savings account |
500 |
10 & above |
Nil |
Min balance of Rs.500/- should be maintained in the existing accounts |
|
2 |
SSA |
250 |
50 |
1,50,000 in a F/Y |
|
|
3 |
PPF |
500 |
50 |
1,50,000 in a F/Y |
|
|
4 |
SCSS |
1000 and multiple of 1000 |
Nil |
30,00,000/- |
|
|
5 |
MIS |
1000 and multiple of 1000 |
Nil |
9 lakhs single a/c and 15 lakhs in Joint a/c |
|
|
6 |
RD |
100 and multiple of Rs.10 |
Same as initial deposit |
No Limit |
|
|
7 |
TD |
1000 and multiple of 100 |
Nil |
No limit |
|
|
8 |
NSC |
1000 and multiple of 100 |
Nil |
No limit |
|
|
9 |
KVP |
1000 and multiple of 100 |
Nil |
No limit |
|
Transaction limit if presented at other SOLs:
Orders issued vide SB Order 5/2016 and POSB (CBS) Manual Appendix I [para 20(12)] and Appendix III [para 10(2)] have been amended as follows:
"AII POSB Cheques issued by any CBS Post Office, if presented at any CBS Post Office should be treated as AT PAR cheques and should not be sent for clearing. No POSB Cheque for more than Rs.25000/- should be accepted for cash withdrawal at other SOLs in a day. However, POSB cheque can be accepted at other SOLs without restriction of amount, for credit in POSB/RDIPPF/SSA accounts, subject to the limits, if any, prescribed in the scheme."
SB Order No. 12/2019 SB Order No. 13/2019 SB Order No. 7/2023 SB Order No. 6/2023
