View Full Version : PO MIS : Is it withdrawal permissible?
I and my wife jointly deposited Rs 6,00,000/- Now it is maturing with bonus, it amounts to Rs 6,60,000/- I want the withdrawal of Rs 3,30,000/- in each of our names. Is it permissible?
Master
28-01-2013, 04:05 PM
If you have invested jointly than you can withdraw it with the signature and presence of both the investors.
Hope this helps!
Manish_Kumar
05-02-2013, 02:28 AM
I and my wife jointly deposited Rs 6,00,000/- Now it is maturing with bonus, it amounts to Rs 6,60,000/- I want the withdrawal of Rs 3,30,000/- in each of our names. Is it permissible?
If you had invested in joint name the withdrawal amount will be come as cheque in joint name. Not 3,30,000/- in one name and another in another name.
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