Post Office Saving Account Online, Document Required & Form

Post Office Is offering a low minimum balance with high interest & highly secured saving scheme. The Post Office Saving Account is a good scheme. Here, you can see the Post Office Saving Account Online, Feature Of It. you can also find the post office account opening documents required, Form Online & Facilities.

Post Office Saving Account Online

Post Office Saving Account is like the regular saving account but, this instrument is highly secured one. it is providing a liquidation of the fund on short notice in case of emergency need of finance.

This account is giving a guaranteed return on a fund. if any wants to invest their money in post office Saving Accounts.

Feature of Saving Account Scheme

This Account is open with cash. you have a minimum balance of rupees 50. It is a non-cheque Facility account in a post office.

If you are opening an account of Rs. 500/- then you get the cheque facility. you need to maintain a minimum balance of Rs. 500.

On this saving account, the interest earned up to 10,000 Rs. is tax-free. you can easily be transferred the account to other post offices.

You can apply for one account in particular post offices. An account can be opened in a name of a Minor or mature person. A mature person can apply for saving account and they can operate them.

Two or more adults can open a joint account. you need to transact in this account at least one time in three years. it is mandatory to continue account. the single account is also convertible into the Joint Account.

If any minor has this account then they operate it after maturity.

You can easily withdraw money with an electronic mode. There is the ATM facility is available in a post office.

post office atm card

Post Office Saving Account Interest Rate

The Post Office is offering a good interest rate on savings accounts. The Post Office Saving Account Interest Rate is 4% per annum. The post office is giving tax-free interest earned up to 10,000 Rs. If the applicant is opening account for Rs. 500 then they can use a cheque.

Post Office Saving Account Online

Eligibility to Open a Post Office Saving Account

A Minor person whose age is 10 Years.

An adults

Two or Three Adults can open a joint account

Any Institute or academy can apply for Post Office Saving Accounts.

Post Office Account Opening Documents Required

You need to submit Post Office Account Opening Documents Required with Two Photographs. See what can you submit for identity proof or address proof?

Identity Proof Documents 

Election Card

Aadhar Card or latter issued by the UIDAI

Passport

Driving License

Identity Card issued by the school/colleges/education/central or state government.

Address Proof 

Bank Passbook

Ration card

Electricity Bill/Telephone Bill

Aadhar Card

Two Passport Size Photographs

You can apply for Post Office Saving Account Offline.

First, You get the Post Office Account Opening Form Online or offline from a post office.

Download Post Office Savings Bank Account Opening Form Sample.

This form needs to duly fill up & signed up by the Applicant’s & you need to submit Applicant’s photographs & documents required as per KYC norms to the post office.

Now, Deposited an amount in your saving Account. Note That: You need to deposit minimum amount Rs. 20.

Facilities Of Post Office Saving Account

1. Withdrawal Facility

In a post office,  the account holder can withdraw anytime as per their needs in post office working hours. but note that you need to maintain a minimum balance of Rs. 50 & 500 for Cheque facility.

2. Cheque Facility

If you are opening an account of 500 Rs. then you get the cheque facility. you can get the cheque facility on existing account on request.

3. ATM/Debit Card

Any account holder who is maintaining a minimum balance on regular they can get the ATM/Debit Card facility from CBS post office.

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