Account types under Kisan Vikas Patra define who may open accounts and how payments are made to holders and survivors. The Scheme creates three account types-Single Holder, Joint A Type, and Joint B Type-with prescribed eligibility and payability rules. A Single Holder account may be opened by an adult for self, for a minor or person of unsound mind under guardianship, or by a sufficiently aged minor. Joint A accounts are payable to all holders jointly or to survivors; Joint B accounts are payable to any one holder or to survivors. Applications are to be made to the accounts office in the prescribed form.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Account types under Kisan Vikas Patra define who may open accounts and how payments are made to holders and survivors.
The Scheme creates three account types-Single Holder, Joint A Type, and Joint B Type-with prescribed eligibility and payability rules. A Single Holder account may be opened by an adult for self, for a minor or person of unsound mind under guardianship, or by a sufficiently aged minor. Joint A accounts are payable to all holders jointly or to survivors; Joint B accounts are payable to any one holder or to survivors. Applications are to be made to the accounts office in the prescribed form.
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