Depositors can only open online account in post office from July

Business Report :
Savers will not be able to open accounts at post offices manually from the first day of July this year, the Internal Resources Division (IRD) said in a notification.
To continue savings at the postal savings bank, depositors will have to open accounts online, according to two separate notifications by the IRD, a division under the finance ministry.
The investor-bearing manual term deposit account opened before June 30, 2021, will get benefit up to 30th June of 2023.
“No auto-renewal benefit will be given. All the manual term deposit will be closed after June 30, 2023. They can open a new account online,” IRD stated in the notifications.