Post Office schemes news: India Post hikes withdrawal limit for THESE account holders - Details here
The increase in withdrawal limit would help Post Office Saving Schemes compete with banks and increase post office deposits in the long term.
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Updated: Mar 7, 2021, 10:31 AM IST
In a good news for thousands of Post Office Savings Account holders, India Post has announced the raise in withdrawal limit at Post Office GDS (Gramin Dak Seva) Branches. As per India Post s announcement, the withdrawal limit per individual has been increased to Rs 20,000 from Rs 5,000. It is expected that the increase in withdrawal limit would help Post Office Saving Schemes compete with banks and increase post office deposits in the long term.