Recurring deposit rules amendment adds payable tables and revises post maturity and nominee payment provisions for new accounts. Amendments to the Post Office Recurring Deposit Rules, 1981 substitute schedule entries in rule 9, update cross references in rules 10-12 to include newly inserted Tables 44-46, and prescribe payable amounts and computation tables for accounts opened on or after the stated commencement date, covering continuation with monthly deposits, continuation without fresh deposits, and nominee/legal heir payables on depositor's death.
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Recurring deposit rules amendment adds payable tables and revises post maturity and nominee payment provisions for new accounts.
Amendments to the Post Office Recurring Deposit Rules, 1981 substitute schedule entries in rule 9, update cross references in rules 10-12 to include newly inserted Tables 44-46, and prescribe payable amounts and computation tables for accounts opened on or after the stated commencement date, covering continuation with monthly deposits, continuation without fresh deposits, and nominee/legal heir payables on depositor's death.
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