What is Premature Withdrawal of the Scheme

By IndianMoney , 1 year 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