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Opening of accounts

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.... case of single account and rupees ^4[nine lakh] in case of joint account.] ^5[Provided that the account under these rules shall be opened in post office or bank.] "Note : For the purpose of maximum balance, the depositor's share in the balance of a joint account shall be taken as one-half or one-third of such balance according to the account is held by two adults or three adults." &n....

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