Yes, you can open a post office savings account for your parents in the post office that’s closest to your parents residence.

You can open a joint account with the three of you being the account holders. This will allow everyone to operate the account easily.

You can open the account using cash and the minimum balance to be maintained in a non-cheque facility account is Rs 50. However, if you want to use the cheque facility, as your parents might need to make payments, you can open a post office savings account with Rs 500, which is the minimum balance that needs to be maintained in your account.