National Saving Monthly Income Account rules define account, depositor, deposit, Bank and post office roles.

Definitions: Account is a savings account opened under these rules; Deposit is the money placed in such an account. Depositor is an individual depositing for himself or on behalf of a minor or person of unsound mind for whom he is guardian. Bank means authorised branches of public or private commercial banks; Post office means authorised Indian post offices doing savings bank work. Undefined terms follow the Post Office Savings Bank General Rules, 1981; the Government Savings Bank Act, 1873 is the Act reference.

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