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Section 7: Closure of account

National savings monthly income account scheme 2019Central Rules · 1873

(1) The deposit made at the time of opening of the account and the interest accrued thereupon, shall be paid by the accounts office after completion of five years from the date of the opening the account to the account holder on an application in Form-3.

(2) In case the account holder dies before the maturity of the account, the account may be closed and the deposit shall be refunded as per provisions of the General Rules, alongwith interest upto the month preceeding the month in which refund is made.

66 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]

Where this provision sits

ActNational savings monthly income account scheme 2019
Section7
Marginal noteClosure of account
JurisdictionCentral
StatusIn force as published by the source

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