Application for premature closure under the Kisan Vikas Patra Scheme, 2019 requires account identification, statement of balance, choice of payment method (credit to SB account, demand draft/cheque, or cash within limits), and a declaration that premature-closure conditions are met; a certified statement is required if the proceeds are for a minor. The postmaster/manager must record eligible balance, deduct the applicable penalty, compute the net payable amount (figures and words), date-stamp and sign, and complete an acquittance noting mode of payment and receipt.
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