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Mahila Samman Savings Certificate, 2023. - G.S.R. 237 (E) - Indian Law

Extract

..... ount under this Scheme shall be made by a woman for herself, or by the guardian on behalf of a minor girl to the Account Office in Form - I, on or before the 31st March, 2025. (2) An account opened under this Scheme shall be a single holder type account. 4. Deposits. (1) An individual may open any number of accounts subject to the maximum limit for deposit specified in sub-paragraph (3) and a time gap of three months shall be maintained between the existing account and the opening of other account. (2) A minimum of one thousand rupees and any sum in multiples of one hundred rupees may be deposited in an account and no subsequent deposit shall be allowed in that account. (3) A maximum limit of two lakh rupees shall be deposited in an account or accounts held by an account holder. 5. Interest.- (1) The deposits made under this Scheme shall bear interest at the rate of 7.5 per cent. per annum. (2) Interest shall be compounded on quarterly basis and credited to the account. (3) The interest payable to the account holder in respect of any account opened or deposit made which is not in consonance with the provisions of this Scheme shall be payable at the rate applicable to the Post Offic .....

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Mahila Samman Savings Certificate, 2023. - G.S.R. 237 (E) - Indian Law

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..... Form-4, for any reason other than provided under sub-paragraph (1), and in which case the balance as stood from time to time in the account shall be eligible only for the interest rate less by two per cent. than the rate specified in this Scheme. (4) In calculating the maturity value, any amount in fraction of a rupee shall be rounded off to the nearest rupee and for this purpose, any amount of fifty paisa or more shall be treated as one rupee and any amount less than fifty paisa shall be ignored. 9. Agency charges payable to Department of Posts and authorised banks.- The following agency charges shall be paid for operation of this scheme: Sl. No. Type of transaction Charges payable (in rupees) (1) (2) (3) 1. Receipt Physical Mode 40 2. Receipt e-mode 9 3. Payments 6.5 paise per Rs.100 turnover 10. Application of General Rules.- The provisions of the General Rules shall, so far as may be, apply in relation to the matters for which no provision has been made in this Scheme .....

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Mahila Samman Savings Certificate, 2023. - G.S.R. 237 (E) - Indian Law

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..... 2. Mahila Samman Savings Certificate, 2023 A separate sheet may be taken in case of furnishing details of more accounts opened along with signature or thumb impression of account holder/guardian. Signature or thumb impression of account holder/guardian Date Nomination 11. I hereby nominate the person(s) mentioned below to whom to the exclusion of all other persons in the event of my death the amount standing to my credit in Mahila Samman Savings Certificate, 2023 at the time of my death would be payable. S.No. Name(s) of the nominee(s) and relationship Full address (s) Aadhaar number of nominee(optional) Date of birth of nominee in case of minor Share of entitlement Nature of entitlement Trustee or owner 1 2 3 .....

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Mahila Samman Savings Certificate, 2023. - G.S.R. 237 (E) - Indian Law

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..... _________________ (in words) By cash/cheque/DD bearing no ..dated ../by transfer to Account No............................... Date: Signature/thumb impression of account holder /guardian FORM 3 [See paragraph 7(1)] Application for withdrawal To The Postmaster/Manager .. .. Sir, I (account holder/guardian) hereby apply for withdrawal from my account as per details below:- Account Number:........................................................................................ Amount of withdrawal applied........................................................... 2. Please Credit the amount of withdrawal to my SB Account no.________________________ standing at______________________(Name of Account office). or Please issue a Demand Draft/account payee cheque or Please pay in cash (applicable if the amount is below permissible limit of cash payment). 3. I certify that all the provisions applicable under scheme for grant of withdrawal have been complied with. *Certified, that the amount sought to be withdrawn to be availed is required for the use of ..who is alive and still a Minor. Date:-______________ Signature or thumb impression of account holder/guardian - (Thumb impression of the de .....

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Mahila Samman Savings Certificate, 2023. - G.S.R. 237 (E) - Indian Law

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  1. 27/2023 - Dated: 16-5-2023 - Income Tax - Scheme namely the Mahila Samman Savings Certificate, 2023 notified u/s 194A(1)(C) of IT Act