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What benefit is given to depositor who does not take payment after the date of maturity?

April 26, 2017benefit Depositor given maturity payment

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What benefit is given to depositor who does not take payment after the date of maturity?

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Ans.- Post Maturity Interest (PMI) is admissible on the maturity amount from the date of maturity up to maximum two years and PMI will be given at the rate of interest applicable to savings account from time to time. General Q. What will be the collection charge or.