Account holder eligibility updated: illiterate and physically handicapped adults may operate single post office savings accounts via literate agent. The amendment to rule 4 of the Post Office Savings Account Rules, 1981, revises the Single Account entry to allow (a) an adult to operate the account; (b) an illiterate adult to operate the account through a literate agent nominated by them; and (c) a blind or otherwise physically handicapped adult to operate the account directly or through a literate agent nominated by them.
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Provisions expressly mentioned in the judgment/order text.
Account holder eligibility updated: illiterate and physically handicapped adults may operate single post office savings accounts via literate agent.
The amendment to rule 4 of the Post Office Savings Account Rules, 1981, revises the Single Account entry to allow (a) an adult to operate the account; (b) an illiterate adult to operate the account through a literate agent nominated by them; and (c) a blind or otherwise physically handicapped adult to operate the account directly or through a literate agent nominated by them.
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