The overdraft amount depends upon the person’s salary amount. And the interest rate starts from 10% per annum.
Though the number of beneficiaries went up, the total balance in the accounts fell by Rs 1,575 crore during the month
The account can be used to avail the government benefits like subsidies, pension, scholarship, etc.
As per the new amendments in the post office account scheme, the penalty of Rs 50 has to be paid by the account holder if the minimum balance remains
The study observed that the SBI's decision to levy a charge of Rs 17.70 for every debit transaction beyond four by the BSBDA account holders cannot be