Ah, for my Pa's account, the post office people said you put in a lump sum—up to fifteen lakhs, I think? They credit interest every quarter, but he needs to withdraw it; it doesn't add back. The tax part... we never reach that limit, so I don't notice. But the obvious answer is wrong about penalties—they said "small charge" for closing early, but for us, that fee eats a whole week's bamboo. So I just let Pa's money sit, even when prices rise.
#money#career
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