(ii) An account treated as discontinued under sub-paragraph (1) above, may be revived during its maturity period on payment of a fee of fifty rupees along with arrears of minimum deposit of five hundred rupees for each year of default:

Provided that the balance in a discontinued account not revived by the account holder before its maturity shall continue to earn interest at the rate applicable to the Scheme from time to time.

(iii) The account holder of a discontinued account shall not be eligible to open a new account before closure of such discontinued account after maturity: 

Provided that the facility of loan and partial withdrawal shall not be allowed in such an account and the account holder shall be prohibited from opening another account in his/her name under this Scheme till final closure of such account.

(iv) Facility of loan and partial withdrawal shall be allowed to regular accounts only as per the provisions of this Scheme.

(v) The total deposit/subscription in a financial year, shall be inclusive of deposits / subscriptions made in respect of years of default of the preceding years but excluding the default fee.