For senior citizens who have an account in the post office, this news is of great use. Actually the post office has simplified the rules for senior and sick citizens to close their account and withdraw money.
Recently the post office has decided to reduce the difficulties faced by such people that they will be able to withdraw money, take loan, close the account and also be able to close the account prematurely through an authorized person. They will not need to visit the post office branch.
Money will be safe
In order to protect the money of the depositors, the Department of Posts has issued new guidelines for post offices and account holders to operate the account through an authorized person (authorized person) including withdrawal / loan / closure / premature closure of the account. have been issued. There are certain procedures to be followed by the senior citizen to authorize the person to withdraw money on account of account holder basis.
Must write application
The post office account holder has to write an application in Form-12 to the concerned postmaster for operations (withdrawal / loan / account closure or premature closure) from the account, through which any person is authorized to operate your account. goes. The signature of the authorized person needs to be verified by the account holder.
Joint account rules
In case of joint account, any of the account holders can verify the signature of the authorized person. The account holder has to fill and sign the form related to loan or account closure etc. A self-attested copy of the ID and address proof of the account holder and the authorized person has to be attached. After matching the signatures, the counter postal assistance case will be presented to the supervisor for approval.
On approval
The Supervisor shall check and verify the signatures of the account holders in addition to the documents with the records of the office and if he is satisfied he shall write and sign “Authorization Accepted” on the top of the application. Note that the signature of the authorized person should be taken in the information part of the form.
How to get money
Note that the payment will be made either through check or deposited in a post office savings account or bank account. Cash payment will be allowed only in case of withdrawal from savings account. Also the authorized person cannot be an agent or an employee working in a post office branch.
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