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Clarification regarding closure of POSB account by a power of attorney holder

Wednesday, March 29, 2023 0

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.



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