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[Cites 0, Cited by 0] [Section 19] [Entire Act]

Union of India - Subsection

Section 19(2) in Government Savings Promotion General Rules, 2018

(2)Payment of eligible balance under sub-rule (1) shall be made, at the option of depositors or guardian or nominee or legal heir, as the case may be, through any of the following means; namely:-
(a)by transfer to the Savings Bank account of the payee,
(b)by a crossed cheque,
(c)by cash, if the amount is below the limit prescribed in this regard under the Income Tax Act, 1961.