Closure of account permitted after four years; death permits immediate closure with interest under rule 6. Closure of account allows withdrawal on expiry of four years from the end of the year in which the account was opened; death of the depositor permits ... Summary
Closure of account permitted after four years; death permits immediate closure with interest under rule 6.
Closure of account allows withdrawal on expiry of four years from the end of the year in which the account was opened; death of the depositor permits closure at any time after death, with interest admissible up to the date of withdrawal at the rate specified in rule 6, replacing the earlier specified rate.
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