Wednesday 15 February 2023

SSA Withdrawal 50% Procedure on attaining age of 18years

 SSA Withdrawal 50% Procedure on attaining age of 18years 

Procedure to withdraw 50% of amount from SSA Account after attaining age of 18years or 10th standard which ever is earlier.

Rule 126 of POSB CBS Manual - SSA Account withdrawal.
  • Eligible criteria : after attaining 18year or passing of 10th standard(for higher study) which ever is earliest
  • Limit : 50% of the balance amount in the account at the end of the preceding i.e previous financial year is allowed
  • Withdrawal made one lumpsum or five installment with in the limit specified above.
  • Document Proof :  Offer of admission or fee receipt in the name of SSA account holder(Girl Child).


Post a Comment