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Banks told not to levy penalty on withdrawals in Senior Citizen Savings Scheme, due to death

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As per rules, no deduction shall be made in case of premature closure of an account at any time due to death of a depositor, said the Indian Banks’ Association

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Banks told not to levy penalty on withdrawals in Senior Citizen Savings Scheme, due to death Banks told not to levy penalty on withdrawals in Senior Citizen Savings Scheme, due to death Reviewed by rana news on July 27, 2021 Rating: 5

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