Can I deposit a post office cheque in any bank?

As per the order, cheque of Post Office Savings Bank (POSB) issued by any CBS or core banking solutions branch, if presented at a post office can be accepted at any other post office branch for the credit in savings account, RD, PPF and SSA.

Can we deposit cheque in other bank?

You can deposit a cheque (even of your own account) in any bank to any other account(even to your own account) in any other bank. For multi city cheques payable at that centre there, in clearing, there is no charge. However nowadays you can better transfer the same by NEFT/IMPS.

How can I transfer money from a post office savings account to my bank account?

Select ‘Transfer Money in’ Select the Post Office® savings account you want to move money from the drop down list. Select the account you wish to transfer money to (your Online Saver account) Enter the amount you wish to deposit and the date you wish the transfer to take place.

Can I deposit cheque in Non Home branch?

And the banking facilities available to customers at branches other than the home branch are called non-home branches. If any cash transaction, such as deposit or withdrawal, is done at a non-home branch, a fee is levied. This fee varies across banks.

Does Indian post office accept Cheques?

The Department of Post has announced that you can now deposit a cheque of any amount into your post office small savings account at any non-home post office branch.

How do I transfer my post office to another post office?

For transfer of accounts- the depositor should apply in the prescribed form [SB10(b)] or manual application. The application can be given either in transferring office or transferee office.

Which banks use the post office?

It means business customers of the following institutions will now be able to use the Post Office: Barclays, Halifax, HSBC, Lloyds Bank, Nationwide Building Society, TSB Bank and Bank of Scotland.

What is the maximum cash withdrawal from post office?

Deposits made by cheque at a Post Office branch will take two days to reach Bank of Ireland UK. Day of receipt by Bank of Ireland UK is classified as Day 1. This is the day on which the money will be credited to your account and you will start to earn interest on these funds.

Can I deposit a cheque in a non-home branch of the State Bank of India?

Answer – Yes, you can deposit cheque in any branch of SBI in India.

Are cheques issued by post offices accepted by the State Bank of India?

Yes , Cheques issued by post office is accepted is all state bank Branches. Originally Answered: Are cheques issued by post offices are accepted by state bank of India? Yes they are, but will be sent for collection to the Drawee Branch.

Where can I deposit a cheque received from the post office?

Thirdly the post office issues the cheque in your favour from their account maintained at their bank branch. If you had been given such a cheque, you can deposit it at any nationalised Bank. Since the post office is a government department, it maintains its account mainly at SBI.

Is there any cash deposit or Withdrawal charges in India Post payments bank?

There are no cash deposit or withdrawal charges. But for doorstep banking services, India Post Payments Bank will charge ₹ 15 for digital transactions and ₹ 25 for cash-based transactions. Account holders can also use the mobile banking app for checking balance, statement, bill payments and for online transfers.

What is the withdrawal limit of cheque in post office savings account?

As far as I know in a cheque facility P.O.Savings bank there is no limit for withdrawal of money subject to availability of cash in the P.O.For large amount withdrawal it is better to advice the P.O. in advance by a letter. How can I transfer money from India Post Savings Account to Bank Savings account?