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What is Premature Withdrawal of the Scheme

By IndianMoney , 4 weeks ago

Maximum Investment Amount in Post Office MIS The premature withdrawal of the POMIS account before maturity is subjected to the following conditions: 1. For premature withdrawals between 1 to 3 years, a 2% discount is applicable on the deposits 2. For premature withdrawals between 3 to 5 years, a 1% discount is applicable on the deposits

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