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Whether premature closure of the P.O.R.D. account is permissible?

April 26, 2017account closure permissible premature

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Whether premature closure of the P.O.R.D. account is permissible?

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Ans: Yes. The holder of the account may prematurely close the account after three years from the date of opening and in such a case interest @ of Post Office Savings Account shall be payable.