Contributors in Senior Citizen Savings Scheme (SCSS) should interface their records to Post Office investment funds or financial balance before March 31, 2022, to bring in interests flawlessly on their cash kept. The public authority has reported that the premium acquired on SCSS will be credited distinctly in the records connected with the PO Savings or ledger from April 01, 2022. In the event that, in the event that SCSS isn't connected with the PO reserve funds or financial balance, then, at that point, the premium will be credited to the various office accounts.
The move was declared after the Center saw that some SCSS account holders have not connected their investment accounts which can be either PO Savings Account or Bank Account for credit of their month to month/quarterly/yearly premium. Subsequently, the premium due in the SCSS account has been left neglected in the various office account.
In the event that, on the off chance that SCSS accounts are not connected with the PO Savings account up to March 31, 2022, and premium is a sound representative for various office accounts, then, at that point, the exceptional premium should be paid uniquely through credit in PO Savings Account or with a money order. It should be noticed that the premium installment won't be in real money from SCSS various office accounts with an impact from April 01, 2022. This has been compulsory!.
Connecting SCSS accounts with PO Savings accounts accompanies a lot of advantages. For example, a premium credited in an investment account will procure extra revenue, in the event that the premium isn't removed straightforwardly from the SCSS account.
Accordingly, to guarantee residents were profiting full advantages of connecting investment accounts for revenue installment, the public authority concluded that premium on SCSS will be credited provided that the record holder has connected it with PO Savings record or ledger with impact from April 01, 2022. In the event that, on the off chance that SCSS accounts are not connected with the PO Savings account up to March 31, 2022, and premium is a good representative for various office accounts, then, at that point, the exceptional premium should be paid distinctly through credit in PO Savings Account or with a money order. It should be noticed that the premium installment won't be in real money from SCSS various office accounts with an impact from April 01, 2022. This has been obligatory!
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