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of <h1>Rules for transferring Capital Gains Accounts between branches and switching between Account-A and Account-B under 1988 Scheme</h1> Depositors under the Capital Gains Accounts Scheme, 1988 may request transfer of their account between deposit offices of the same bank. Amounts in Account-B can be transferred to Account-A under the same statutory section by application in Form B, with relevant Account-A details; if no Account-A exists, the depositor may request its opening. Transfers from Account-B before expiry of the specified period are treated as premature withdrawals, and interest is recalculated accordingly; transfers on or after expiry earn normal interest as per Reserve Bank of India norms. Account-B is closed upon transfer. Depositors may also convert Account-A funds to Account-B, with interest accruing from the date of the new account.
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