Withdrawal Limits at Branch Offices

A Branch Office can allow withdrawals up to ₹20,000 without prior sanction from the account office, subject to certain conditions.

Key Conditions:

1. One withdrawal per day: Only one withdrawal is permitted from any account on a given day.

2. Exception for new account openings: The one-withdrawal limit does not apply when opening new accounts using SB withdrawals.

3. Multiple account openings: Depositors can open any number of accounts in a day by debiting from their SB account.

These conditions aim to balance convenience with regulatory requirements, ensuring smooth operations at Branch Offices.
SHARE
    Blogger Comment
    Facebook Comment

0 comments:

Post a Comment

Labels

8th CPC (1) Aadhaar (24) Aadhar (1) AAO (11) Accountant (4) Accounts (1) AEPS (3) AICPIN (7) Allowance (2) ANDROID APP (3) Annual Report (1) APAR (8) APS (7) APY (1) ATM (12) Awards (3) Bank (1) BNPL (1) BO (3) BSNL (3) Budget (1) CAA (3) Cable TV (1) Cadre Restructure (5) Calendar (3) CBDT (3) CBS (4) CCS (17) CEA (11) CELC (1) CEPT (30) CGEIS (6) CGHS (87) CHSL (2) claim (1) COD (1) Complaint (2) Complaints (3) Court Cases (1) CPAO (1) CRM (1) CS (MA) (4) CSC (2) CSI (29) CSS (2) Currency (2) CVC (9) DA (40) DARPAN (7) DBT (1) Deputation (1) DEST (2) Dhai Akhar (1) Dictionary (1) Directorate (132) Disciplinary Order (3) DLC (16) DNK (2) DoE (3) DOPT (119) DoT (2) e-HRMS (3) ECHS (4) EDAGIS (2) EDII (1) Eduka (7) EMO (1) EPFO (13) epostoffice (1) Establishment (4) Establishment Division (3) Exam Material (21) Festival (6) Finacle (39) Finance (4) Financial (3) Form (1) Form 60 & 61 (1) Forms (14) Franchise (1) FRMU (1) Gazette (3) GDS (116) GDSGIS (2) GeM (1) GPF (15) Group 'A' (4) Group 'B' (18) GST (2) HAG (1) HBA (4) Help & FAQS (4) Holiday Homes (2) Holy Blessing (5) iGOT (22) Income Tax (22) India Post (73) India Railways (8) Infrastructure (1) Inspection (1) Insurance (8) Interest Rate (7) Interest Table (2) International Mails (1) Internet & Mobile Banking (7) IP & ASP (23) IP LDCE (11) IPoS (27) IPPB (112) IT 2.0 (11) Joint Parcel Project (1) KVS (3) KYC (3) LDCE (136) leave (13) LIC (2) Loan (1) Loksabha (12) LTC (10) Mails (104) McCamish (2) Medical (2) Medical Claims (3) Merger (11) Mission Karmayogi (58) MMS (2) MMU (5) MoF (29) MoHFW (2) Money Order (1) MoSC (1) MSME (1) MSSC (6) National Flag (1) National Postal Week 2023 (3) NCW (1) NEFT & RTGS (1) NIC (2) Notice (2) NPS (47) NTC-2023 (2) OPS (6) Others (356) PA/SA (1) Pamphlets (6) PAN (1) Parcel Directorate (7) Parliament (1) Passport (1) Pay Commission (5) Pension (78) Pensioner's (12) PFMS (1) PFRDA (7) Philately (17) PLB (1) PLB Bonus (8) PLI & RPLI (114) POPSK (3) POS (8) POSB (6) POSB Calculator (1) POSB Clarification (27) POSB Interest Rate (12) Postal Week 2022 (7) Posting (1) PPF (3) PRAN (2) President of India (1) Project Arrow (2) Promotion (33) PTC (1) PTC & RTC (28) PwBD (6) Questionnaire (1) Rajya Sabha (7) RAKNPA (3) RBI (4) Recruitment (21) Recruitment Rules (10) Register (1) Reports (1) Results (43) Retirement (16) RICT (3) RLO (1) RMS (5) RTI (2) Rule 3 (2) Rule 38 (19) Rules (1) SAP (38) SB Claim Case (3) SB Clarification (20) SB order (36) SB Order 2022 (10) SB Order 2023 (28) SB Order 2024 (8) SB Order 2025 (3) SBCO (13) SBI (1) SCWF (1) Service (2) SGB (9) Social Security Schemes (10) Special Cover (7) Sports (65) SSC (8) SSY (3) Staff (83) Stamp (29) Stamps (1) Stenographer (1) STS (1) TA (1) TDS (4) TECHNICAL (3) Technology (11) Tool (22) TRAI (1) Training (40) Transfer (64) UIDAI (7) Union (150) Unity Day (1) UPS (3) UPSC (2) UPU (11) Vigilance (1) Vigilance & Petetion (5) Website (1) Welfare (155) Western Union (1) Yoga (5)