Thursday 19 January 2012

DEFAULT FEE IN RD ACCOUNT-NO NEED TO COLLECT


What is the default fee to be collected for deposits made after 15th in r/o RD accounts opened between 1st and 15th of the month?
Till further notification and corrections in Sanchay Post software, default fee should be charged as per old procedure. So, default fee NEED NOT be collected for deposits made after 15th in r/o RD accounts opened between 1st and 15th of the month; deposits can be accepted without default fee throughout the month, irrespective of the date of opening of the account.

Sources-SDC Chennai dated 19.01.2012

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