Postal savings cannot be more than Tk 20 lakh

The government has reduced the investment limit for postal savings scheme by two-thirds. From now on, one can invest up to Tk 10 lakh under a single name in Post Office Savings Bank, which was earlier up to Tk 30 lakh. The Internal Resources Department (IRD) of finance ministry issued a circular in this regard toady. As per the circular, the upper limit of investment under