Deposit limit per account per day in Branch Post Office Cash Limit Rs.50000/- & No limit for cheque and withdrawal form

 

5).Limit on the amount of deposit in Branch Post Offices when the deposit is made through Withdrawal form (SB-7) or Cheque.

Orders for acceptance of cheque and withdrawal form (SB-7) for Account opening and subsequent deposits at Branch Post Office have been issued in SB Order No. 22/2020 dated 18.06.2020 and SB Order No. 32/2020 dated 23.09.2020. The small savings schemes viz. MIS, SCSS, KVP, NSC and PPF were extended to Branch Post Office in SB Order No. 27/2020 dated 23.07.2020. Cash acceptance limit at Branch Post Office in an account in a day was raised from Rs. 25,000/- to Rs. 50,000/- in SB Order No. 3/2021 dated 05.03.2021.

In this regard, it is clarified that in respect of subsequent deposit / deposit for opening of any type of account, through Withdrawal form and Cheque, no such limit of Rs. 50,000/- in a day in an account is fixed.