Welcome To Odisha Postal Circle

                       SAVING BANK ACCOUNTS
Interest Rates
  • 4% per annum on individual /joint accounts.

Investment limits and Denominations

  • Minimum balance -Rs 50/-;cheque accounts -Rs 500/-
  • Maximum: No limit.

Features:-

  • Cheque facility available;cheques are also accepted by scheduled banks.
  • Interest is completely tax free under section 10 Income Tax Act.

Tax Rebate:

  • All financial assets in form of small savings schemes have been exempted from wealth tax.
SB Forms:-
    
                Application for opening an SB account

                   SB Deposit Form
 
                   SB Withdrawal Form