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of <h1>Post Office Monthly Income Account passbook rules for verifying interest withdrawals, savings credits, and account closure transactions</h1> On opening a Post Office Monthly Income Account, the depositor must be issued a pass book recording the account opening date, account number, depositor's name and address, amount deposited, monthly interest payable, and the maturity date for final payment. The pass book must be produced at the post office each month when collecting interest and also when closing the account, so that interest payment and closure transactions are verified and recorded through the pass book. Where the depositor opts to have interest credited to a savings account, the pass book must be presented at least once every six months for completion of entries, ensuring periodic updating of the official account record.
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