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This scheme has been designed with special privilege to recognize the contributions of teachers towards building our nation. Any teacher upon providing professional identity will be eligible to open or avail this accounts. Under this scheme deposited amount will be tripled at 18 years 07 months.
Depositor may avail credit facility against deposited amount or encashment value of the scheme according to credit policy of the bank.
All government tax, levy, duty or surcharge etc. applicable to the scheme will be deducted from encashment value of the scheme.