INSUBCONTINENT EXCLUSIVE:
India Post permits cash withdrawals up to Rs 25,000 per day through its ATM card.India Post provides a range of financial and retail
services, besides offering mailing services
It offers several types of accounts such as savings account, fixed deposit account, monthly income scheme account, senior citizen savings
scheme (SCSS) account and recurring deposit (RD) account
The savings accounts of India Post comes with an ATM facility
This account can be opened by paying a minimum of Rs 20, according to the India Post's official website - indiapost.gov.in
India Post pays interest at the rate of 4 per cent per annum on deposit in its savings account in the current quarter
cash withdrawals up to Rs 25,000 per day through its ATM card, according to India Post
A cash withdrawal limit of Rs 10,000 per transaction is applicable.India Post or Department of Post offers five transactions per day free of
This includes financial and non-financial transactions carried out at post office ATMs
It allows three free transactions in a month from its debit card when used at ATMs of other banks in metro cities.Post office ATM card
holders are allowed five transactions free of cost in other banks' ATMs located in cities other than metros.Transaction chargesIndia Post
additional transaction, according to India Post.A post office savings account can be opened by cash only
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