GURU’S DAILY INSIGHT
What is the procedure for withdrawal through messenger??
Account holder(s) shall write an application in Form- 12 to the postmaster concerned, for operation of account viz. withdrawal / loan / closure or premature closure of account etc.
In the application form (Form- 12), the depositor shall authorize a literate person for operation of his/her account.
A Signature of the authorized person shall be attested by the account holder(s). In case of Joint B Account, any one of the account holder(s) can attest the signature of the authorized person.
Authorized person shall not be an SAS/MPKBY agent or employee working in PO Savings Bank Branch in the post office concerned.
The account holder shall fill the withdrawal form (SB-7) / closure form (SB-7A) / account premature closure form (SB-7B) / Application for Loan (SB-7C) as the case may be in his/her writing and signed.
Self attested copy of ID and address proof of account holder(s) and authorized person shall also be enclosed. If any account holder(s) authorize a person for more than one transaction viz. withdrawal / loan / closure, on any day, - in such case, only one set of KYC documents and photo may be obtained. However, Form – 12 shall be obtained for each account.
Authorized person shall submit passbook,
authority letter (Form- 12), withdrawal form (SB-7) / closure form
(SB-7A) / account premature closure form (SB-7B) / Application for Loan
(SB-7C) as the case may be and KYC documents of account holder and
authorized person at concerned post office.
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