Dear friends,
For your kind information I like to inform you that – Postal departments also asking for the PAS as well as Government approved Address proof and Identity proof like other financial institutions
Previously the rate of interest of the small scale investments was little higher than the other financial institutions. But now after RBI de-controlled the rate of interest on investment as well as same for the savings bank investments, now in some investment schems the rate of interest is higher than the rate of interest of the small scale investment. But the main difficulties investers of the post offices has to face when the maturity of the investment comes.