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Premature closure of account

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.... (b) on forfeiture by a pledgee being a Gazetted Officer, when the pledge is in conformity with this Scheme; (c) when ordered by a court. (2) Where an account is prematurely closed under sub-paragraph (1) before the expiry of one year from the date of deposit, only principal amount shall be payable. (3) If the account is prematurely closed under sub-paragraph (1) after the expiry....

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....0 (both days inclusive) with 1000 rupees] Period from the date of the account to the date of its pre-mature closure Amount payable inclusive of interest (Rupees) (1) (2) Three years or more, but less than three years and six months 1221.61 Three years and six months or more, but less than four years 1263.05 Four years or more, but less than four years and six months 1....

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Full Text of the Document

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....ch, 2023 (both days inclusive)] with 1000 rupees] Period from the date of the account to the date of its pre-mature closure Amount payable inclusive of interest (rupees) (1) (2) Three years or more, but less than three years and six months 1191.02 Three years and six months or more, but less than four years 1226.23 Four years or more, but less than four years and six mon....

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Full Text of the Document

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....d as, "TABLE (Table showing premature closure value of account opened on or after date of notification with 1000 rupees) Period from the date of the account to the date of its pre-mature closure Amount payable inclusive of interest (Rupees) (1) (2) Three years or more, but less than three years and six months 1221.61 Three years and six months or more, but less than four....