Post Office savings account ATM rules set ₹25,000 daily cap
In short
Post Office savings account holders can withdraw up to ₹25,000 a day through the ATM facility. The guide also mentions a per-transaction cap, free transactions, charges and a ₹500 minimum balance rule.
These rules matter for POSA users planning cash withdrawals and other account activity.
What the reporting says
The Post Office savings account ATM facility has a ₹25,000 daily withdrawal limit, along with a per-transaction cap, free transaction allowance, charges and a ₹500 minimum balance rule. The rules apply to POSA holders using the ATM service. The update is a practical guide for account users managing cash withdrawals and transactions.
Why it matters
The Post Office savings account ATM facility has a ₹25,000 daily withdrawal limit, along with rules on per-transaction caps, free transactions, charges and a ₹500 minimum balance. The update is relevant for POSA holders who use the ATM service and need to manage withdrawals within the stated limits.