Clarification regarding closure of POSB account by a power of attorney holder
It is clarified that the closure of POSB (Post Office Savings Bank) account by a power of attorney holder is not permitted.
No. FS-10/19/2020-FS
Department of Posts
(F.S. Division)
Dated: 24.03.2023
Subject: Clarification regarding closure of account by a power of attorney holder —Reg.
Reference: Lr No. SB/Complaints/Dlg./Kollam dated 22.12.2022.
Kindly refer the above cited subject and reference.
2. The matter has been examined by this division and it is clarified that the closure of account by a power of attorney holder is not permitted.
3. This is issued with the approval of competent authority.
