Interest Eligibility for POSB Claim cases

Interest Eligibility for POSB Claim cases  in short:-

SL No	Type	Option
1.	SB	Up to the month till the end of the month preceding the month in which the account is closed.
2.	RD	Up to 11 months deposit made will be refunded 12 months and above upto 59 as per table. After maturity, maturity amount be paid if whole installments have been made as like normal maturity of RD accounts. If partially made, proportionate of maturity amount be paid.
3.	TD	TD rate of interest for completed years (Not beyond the type of TD years) Note: - No deduction of 2% from applicable TD interest. Completed months SB rate of interest (SI).
4.	MIS	Up to the month preceding the month in which refund is made If claimed after maturity bonus/PMI is eligible.
5.	PPF	Up to the month preceding the month in which refund is made
6.	SCSS & SSA	Up to date of death Scheme interest applicable after that SB interest is applicable.
Information from Shri. M.Rajendran, Supervisor, SBCO Dindigul HPO, TN