LIST OF SB ORDERS Compiled by Admin, http://PostalRADAR.blogspot.com/ SB Order No Description Deals with 01/2018 Amendments in va...
LIST OF SB ORDERS Compiled by Admin, http://PostalRADAR.blogspot.com/ | |||||||||
SB Order No | Description | Deals with | |||||||
01/2018 | Amendments in various statutory rules of small savings schemes by ministry of finance (DEA) regarding :- | PPF, NSC | |||||||
02/2018 | The orders/instructions issued vide SB Order No. 01/2018 dated 01.02.2018 are kept in abeyance until further orders, | PPF, NSC | |||||||
03/2018 | Prevention of Frauds | ||||||||
04/2018 | Revision of Interest of Small savings schemes | ||||||||
05/2018 | Mandatory Use of Savings Accounts For credit of maturity/premature value of various POSB Schemes & monthly/quarterly/yearly interest in case of MIS/SCSS/TD | CBS | |||||||
Addendum SB Order 16/2017 | inclusion of Aadhar in respect of Small Savings Schemes- regarding | CBS | |||||||
01/2017 | Quoting of PAN /Details of form 60 and submission of Financial transactions report in form -61 and 61 for certain transactions [1] | Aml-CFT | |||||||
02/2017 | Revision of Interest | ||||||||
04/2017 | Deposit of Specific bank notes in Reserve Bank | ||||||||
05/2017 | Revision of Interest in small savings schemes | ||||||||
06/2017 | Discontinuation of Commission under Pay Roll Savings Schemes [2] | ||||||||
07/2017 | Premature closure of PPF account a Clarification | ||||||||
09/2017 | Operational Guidelines for CBS Post Offices handling Post Office Savings Bank related work | ||||||||
10/2017 | Introduction of another Standardized Uniform Savings Bank Passbook (SB5A) for TD, NSC and KVP Accounts to be issued by CBS and non CBS post offices | ||||||||
11/2017 | closing of accou nts/certificates belonging to discontinued schemes including NSS-87 and NSS-92 in Post Office working on CBS platform regarding [3] | ||||||||
12/2017 | Commission on KVP to SAS agent reduced from 1% to 0.5% | ||||||||
13/2017 | Revision of Interest in small savings schemes | ||||||||
14/2017 | Printing of Passbook | CBS | |||||||
15/2017 | Mandatory use of Savings account for credit of Maturity/ PMC Value monthly quarterly interest of MIS/SCSS/TD accounts and investments from 01-12-2017 reg | CBS | |||||||
16/2017 | Adhar Number is mandatory for opening all kinds of accounts | CBS | |||||||
Addendum II SB Order 16/2017 | inclusion of Aadhaar in respect of Small Savings Schemes- regarding | CBS | |||||||
17/2017 | Making Mobile number Mandatory for opening any of the PO Small savings account | CBS | |||||||
18/2017 | Amendments in various statutory rules of small savings schemes by ministry of finance | CBS | |||||||
19/2017 | Revision of Interest in small savings schemes | ||||||||
SB ORDERS - 2016 | |||||||||
01/2016 | Revision of Interest W.E.F 01.01.16 [4] | ||||||||
02/2016 | Acceptance of POSB account when Finacle is down | CBS | |||||||
03/2016 | Introduction OF SSA revised procedure | SSA | |||||||
(iv) C | The guardian can maintain the account excursively in Electronic form | ||||||||
VIII | The deposit in an account may made till completion of 15 years | ||||||||
iX | Subsequent Withdrawal allowed ,after satisfying conditions | ||||||||
xiii | Maturity of account: | ||||||||
(iv) b | Fee for DPB for SSA is 50/- | ||||||||
04/2016 | Stopping of Preprinted form of NSC/KVP | ||||||||
05/2016 | Para 2. | It will be duty of Postmaster to get user ID of those official proceed on leave/ deputation disabled | CBS | ||||||
Para 4 | SBCO should generate Consolidation of each scheme from the Finacle (which is available in production for any date) when vouchers are received from SOs/HO and compare the consolidation print out sent by SOs/HO Counter with the consolidation shown by the system. In case of discrepancy, SBCO Incharge should immediately raise the issue and report to Divisional Head as well as Vigilance branch of Region/Circle. It is mandatory that consolidation report should be generated from the Finacle production system for reconciliation | ||||||||
Para 5 | 5. SBCO should tally vouchers with the LOT generated through MIS server only. Whenever MIS server access is available, SBCO should first tally vouchers of old/ pending dates. | ||||||||
Para 7 | Any unauthorized entry into any office account shall be treated as violation of rules and official will be liable for disciplinary action. | ||||||||
Para 10 | Transfer of certificate/Account only done at HO level. So has enter transfer applicatin details in a register and send transfer application with prescribed documents to HO. SO Shall separate Guard file for the inspection purpose | ||||||||
Para 11 | Transfer of certificate/ Account from One scheme to anther and one person to another should done at HO Level | ||||||||
Para 12 | Revival of Silent account should done at HO | ||||||||
Para 18 | No BPM should accept cash for more than 25000/- in any account in a day | ||||||||
Para 20 | BO Transaction should not entered , If Bo Bag received after 03.30 PM | ||||||||
Para 26 | All POSB cheques should be given clearance by the CBS Post Office dealing with clearance and should not be sent to other HOs or SOs for giving clearing as data relating to all accounts is available in CBS Post office | ||||||||
Para 27 | No POSB Cheque for more than Rs 25000/- Should accepted at other Sols in a day | ||||||||
Para 29 | Closing of any discontinued Scheme including NSS87,NSS92 Should done at HO only. Amount should give only through Cheque / POSB | ||||||||
Para 30 | For closure of any account/ Certificate of other First account need to transfer | ||||||||
Para 31 | Issue of DPB Should done at HO only. | ||||||||
Para 32 | No CBS post office should collect Closed PB | ||||||||
Addendum to 05/2016 | Point 9 | Freezing and Unfreezing can be done at SO level, where there are two Supervisor, Register to maintain | CBS | ||||||
Point 12 | Revival of silent account shall be done at SO where there are two supervisor, register to maintain | ||||||||
Point 11 | Transfer of savings account from SBGEN to SBCHQ can be done at SO Level, where there are two supervisor | ||||||||
Point 24 | SO's should not lodge cheque in finacle, Cheque recived for new investment and subsequent investment should to ho for clearing. SO should maintain a register for entering all the Cheque sent to HO | ||||||||
Point 27 | POSB Cheque of other offices can be accepted for opening of new accounts irrespective of amount | ||||||||
Point 28 | Pledging can be done at SO where there are two supervisor | ||||||||
12 | Presentation of passbook is not required for Depsoit or withdrawal, except in case of bo accounts | ||||||||
Addenum II 05/2016 | Transfer of Account from one person to another in SO level | CBS | |||||||
06/2016 | Change in Procedure of Issue of NSC and KVP from 01.07.16 (Certificate Discontinued and Passbook introduced) | Certificates | |||||||
Addendum 06/02016 | Duplicate Passbook will not be allowed to pledged orherwith | Certificates | |||||||
07/2016 | NO Change in interest rate till 30.09.2016 | ||||||||
08/2016 | Clarification on treating the investment by guardian on behalf of minor and his own investment in Post Office Monthly Income Scheme - Regarding | MIS | |||||||
09/2016 | Discontinuation of PPF Agency, PRSS and Sanchyika Scheme w.e. F 01.10.2016 | AGENTS | |||||||
10/2016 | Revision of Interest in small savings Schemes [5] | ||||||||
11/2016 | Modification in Public Provident Fund (PPF) Scheme Rules, 2016 regarding premature closure of PPF Account. | PPF | |||||||
12/2016 | Withdrawal of Legal tender Character for existing Rs 500/- and Rs 1000/- bank notes | ||||||||
13/2016 | Withdrawal of Legal Tender Character of existing Rs 500/- and Rs 1,000/- banknotes- | ||||||||
14/2016 | Withdrawal of Legal Tender Character of existing Rs 500/- and Rs 1,000/- banknotes- | ||||||||
15/2016 | Revision of Interest W.E.F 01.01.17 [6] | ||||||||
SB ORDERS - 2015 | |||||||||
01/2015 | EXTENSION OF PPF ACCOUNT IN DOUBLE HANDED OFFICE | PPF | |||||||
02/2015 | INTRODUCTION OF SSA | SSA | |||||||
03/2015 | REVISION OF INTEREST W.E.F APRIL 15 | ||||||||
04/2015 | Reconciliation certificate under Rule 87(15) of POSB Manual Vol I , if there is a difference in name of deceased depositor | CLAIM | |||||||
05/2015 | Provision of income tax rebate in SSA | SSA | |||||||
06/2015 | Introduction of common account opening form for all schemes in CBS offices | CBS | |||||||
07/2015 | Clarification in different scenarios being faced or likely to be faced by post offices after implementation of CBS | CBS | |||||||
08/2015 | Enhancement of Cash limit of Authorised Agent of Small Saving Schemes and commission to KVP [7] | Agent | |||||||
09/2015 | Premature Closure of TD Accounts before 6 Months Clarification. It is clarified that accounts can’t be closed before 6 months from date of opening accounts | TD | |||||||
10/2015 | Introduction of PMSBY /PMJJBY | ||||||||
11/2015 | Acceptance of Passport/ Aadhar card as valid proof for opening of SSA Account | SSA | |||||||
12/2015 | Mandatory opening of Savings accounts in Post office for maintaining / development of relationship of customers with POSB | CBS | |||||||
13/2015 | Deduction of TDS under section 194A of income tax act case of RD Deposit | RD | |||||||
14/2015 | Change of Role of SBCO in the backdrop of implementation of CBS -Regarding | SBCO | |||||||
Addenum of sb order 14/2015 dated 25.05.16 | Change of Role of SBCO in the backdrop of implementation of CBS -Regarding | SBCO | |||||||
15/2015 | Addendum to SB Order 12/2015 | CBS | |||||||
16/2015 | Discontinuance of NSC 9 issue | ||||||||
17/2015 | Clarification to SB order 12/2015 and 15/2015 ( No Customers should compel to open SB Account, Other cheques should accept) | CBS | |||||||
SB ORDERS - 2014 | |||||||||
01/2014 | Printing of Modified standardized uniform Savings Bank Passbook for CBS Post office and Change in text of information printed in the passbook about small savings scheme | CBS | |||||||
02/2014 | Change in Some Procedure of POSB in the back drop of implementation of CBS regarding | CBS | |||||||
03/2014 | Release of Sanchaya 7.5 reg: | ||||||||
04/2014 | Revision of Interest Rate W.E.F 01.04.14 [8] | ||||||||
05/2014 | Change in statutory rules of POSB in the back drop of implementation of CBS reg | CBS | |||||||
Addenum to 05/2014 | Change in statutory rules of POSB in the back drop of implementation of CBS reg | CBS | |||||||
06/2014 | Addendum to SB Order 06/2013 , Acceptance of business form SAS / MPKBY agents | Agent | |||||||
07/2014 | Amendment of Sub Rule 3 of rule 8 of Scss 2004 reg (Provided that in case of a joint account or where the spouse is the sole nominee , the spouse may continue the account on same terms and condition under these rule. "provided further that in case the spouse does not continue the joint account , the account shall be closed on an application in Form F and the deposit refunded along with interest as above | SCSS | |||||||
08/2014 | Clarification on different scenarios being faced or likely to be faced by Post offices after implementation of CBS | CBS | |||||||
10/2014 | Regularization of irregularly opened MIS accounts in multiples of Rs 1000/- instead of Rs 1500/- | MIS | |||||||
11/2014 | Extension of PPF Scheme To Private sector banks | PPF | |||||||
12/2014 | Reintroduction of KVP | ||||||||
ADDENUM TO 12/14 | Reintroduction of Sale of KVP -Procedure | ||||||||
SB ORDERS - 2013 | |||||||||
02/2013 | Enhancement of limit for verification of withdrawals from Savings Accounts made at Extra Departmental Sub/Branch Post Offices and Single Handed Post Offices | ||||||||
03/2013 | Identification of PPF(HUF) accounts and admissibility of interest in such accounts | PPF | |||||||
04/2013 | Revision in Interest Rates of Small Savings Schemes w.e.f. 01st April 2013 | ||||||||
06/2013 | Acceptance of Business from SAS regarding | ||||||||
08/2013 | Reduction in preservation period of records under prevention of Money laundering PML [ | ||||||||
10/2013 | Deduction of TDS at the time payment of Interest to NSS98, NSS87 and SCSS, Payment of commission to agents and issue of TDS Certificate in form 16A | Agents | |||||||
11/2013 | Problem Faced by Small savings Agents | Agents | |||||||
12/2013 | Change in the procedure of payment of commission to SAS/MPKBY Leaders in the Post Office to be migrated to Finacle CBS Application | Agents | |||||||
SB ORDERS - 2012 Compiled by Admin, http://PostalRADAR.blogspot.com/ | |||||||||
01/2012 | Action Plan to “Identify potential areas of corruption related to Departmental activities/functions and develop action plan to mitigate them”- implementation of the action plan regarding | AML-CFT | |||||||
02/2012 | Taking of Know Your Customer(KYC) documents at the time of credit of maturity value and cash withdrawal from savings account opened without KYC documents. | AML-CFT | |||||||
03/2012 | Release of sanchaypost Version 6.6 | ||||||||
04/2012 | Revision in Interest rate W.E.F from 01/04/2012 [10] | ||||||||
05/2012 | Revision in Interest rate W.E.F from 01/04/2012 | ||||||||
06/2012 | Introduction of facility of transfer SCSS interest to Bank Account | SCSS | |||||||
07/2012 | Gazatte notification of change of Interest rate | ||||||||
08/2012 | Settlements of Deceased Claims where the claimant or near relatives residing abroad | CLAIM | |||||||
09/2012 | Introduction of depositor at the time of opening of account | SB | |||||||
10/2012 | Change in Text of column no 2 printed in the standardized uniform savings bank Passbook from page no.2 to 4 | ||||||||
11/2012 | Measure to taken for prevention of frauds [11] | AML-CFT | |||||||
Point 2 | It has been noted that post offices are accepting business from messengers of SAS/ MPKBY Agents. Which is highly irregular. When an authorized/ Accredited messenger is appointed by an appointment authority . It will forward a copy of authorisation letter, a specimen signature of messenger and his photograph to post office. | Agents | |||||||
Point 3 | No Maturity/ Prematurity value should be credited into any savings account in which appropriate KYC documents as mentioned sb order 02/2012 are obtaines | AML-CFT | |||||||
12/2012 | Revision in interest Rates of small savings Scheme w.e.f 1st April 2012-Interest tables ofTime Deposit accounts opened on or after 01.04.2012 [12] | TD | |||||||
13/2012 | Extension of facility of withdrawal of quarterly interest of SCSS accounts through Money to MIS accounts-reg | MIS | |||||||
14/2012 | Measure to taken for prevention of frauds [13] | AML-CFT | |||||||
15/2012 | Problems in Sanchay Post software in handling extended Sr. Citizen savings scheme Acc | ||||||||
16/2012 | Purchase of NSCby an adult on behalf of Minor –a clarification regarding [14] | ||||||||
SB ORDERS - 2011 | |||||||||
01/2011 | Use of prescribed Account Opening Form (Form’A’) while opening PPF accounts to avoid irregular opening of Joint accounts in PPF. | PPF | |||||||
02/2011 | Clarifications regarding new procedure prescribed for settlement of deceased claim cases vide SB Order 25/2010. | CLAIM | |||||||
03/2011 | Appointment of agents and other agency functions - fresh instructions issued by MOF(DEA) regarding | AGENT | |||||||
04/2011 | Implementation of AML/CFT norms in Small Savings Schemes and Remittances in post offices- carrying out Inspection and its further review regarding. | AML-CFT | |||||||
05/2011 | Appointment of agents and other agency functions- issue of clarifications regarding [15] | AGENT | |||||||
06/2011 | Treating the MSY accounts at par with savings accounts and charging of service charge of Rs.20/- per year. | ||||||||
07/2011 | Extension of PPF Scheme up to Post Offices with sanctioned strength of 2+1 (‘A’ class post office) w.e.f 1.7.2011. | PPF | |||||||
08/2011 | Payment of deposits/certificates belong to minors- a clarification regarding. | ||||||||
09/2011 | Treating letter issued by UIDAI for issue of Aadhar Number as valid ID and Address Proof as KYC/ CDD document under Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) norms for small savings schemes. | AML-CFT | |||||||
10/2011 | Enhancement of Savings Bank Allowance to Postal Assistants working in Savings Bank Branches. | ||||||||
11/2011 | Opening of more than one account in the same scheme in the name of same depositor or acceptance of more than one purchase application of the same scheme in the name of same depositor in one post office on a single day- a clarification regarding. | ||||||||
12/2011 | Acceptance of original document as a proof of death in case of settlement of deceased claim case as per new procedure prescribed vide SB Order 25/2010-a clarification regarding. | CLAIM | |||||||
13/2011 | Admissibility of interest in PPF(HUF) accounts matured between 13.5.2001 to 7.12.2010 -a clarification regarding. | PPF | |||||||
Corrigendum to SB Order 13/2011 | Admissibility of interest in PPF(HUF) accounts matured between 13.5.2005 to 7.12.2010 -a clarification regarding. [16] | PPF | |||||||
14/2011 | Restriction on opening of more than one account in the same scheme in the name of same depositor or acceptance of more than one purchase application of the same scheme in the name of same depositor in one post office on a single day- a further clarification regarding | ||||||||
15/2011 | Settlement of deceased claim case in respect of Sr. Citizen’s Savings Scheme account- a clarification regarding | SCSS | |||||||
16/2011 | Grant of Savings Bank Allowance to Postal Assistants working in Savings Bank/certificate branches- holding of SB Aptitude Test regarding.. | ||||||||
17/2011 | Admissibility of commission to SAS Agents | AGENT | |||||||
18/2011 | Procedure to be followed during voucher checking by SBCO staff-a clarification regarding. | SBCO | |||||||
19/2011 | Implementation of AML/CFT norms in Small Savings Schemes- an external inspection of selected post offices by Min. of Finance regarding. | AML-CFT | |||||||
20/2011 | Removal of ceiling of maximum balance to be retained in a post office savings account- amendment to Rule-4 of the Post Office Savings Account Rules 1981 regarding | SB | |||||||
21/2011 | Attestation of Annexure-II (Affidavit) and Annexure-III (Disclaimer on Affidavit) in case of deceased claim case preferred where there is no nomination- a clarification regarding | CLAIM | |||||||
22/2011 | Discontinuance of KVP W.e.f 01.12.2011 | ||||||||
23/2011 | Revision of Maturity Period of NSC from 6 Years to 5 Years | ||||||||
24/2011 | Revision of maximum limit of subscription in a financial year, rate of interest on balance in the PPF Accounts and rate of interest charged on loan taken from PPF account with effect from 01.12.2011 [19] | PPF | |||||||
25/2011 | Revision of maturity period, rate of interest and discontinuation of bonus on maturity of MIS W.e.f 01.12.2011 [20] | MIS | |||||||
26/2011 | Revision of interest rate on balance at credit in Post office Savings Account w.e.f 01.12.2011 [21] | SB | |||||||
27/2011 | Revised rate of TD w.e.f 01.12.2011 [22] | ||||||||
28/2011 | Revision of Interest rate of RD W.e.f 01.12.2011 [23] | ||||||||
29/2011 | Revision of Rate of Commission Payable to SAS and MPKBY AGENTS AND DISCOTINUANCE OF COMMISSION TO PPF AGENTS W.E.F 01.12.2011 [24] | AGENT | |||||||
30/2011 | Introduction of New Scheme 10 Year NSC w.e.f 01.12.2011 | ||||||||
31/2011 | Modification of PO RD Rules 1981, Post office Monthly income account rules 1987, POTD rules 1981 , KVP Rules 1988, NSC (VIII-Issue) Rules 1989 regarding [25] | ||||||||
32/2011 | Circulation of Notifications issued by Min. of Finance (DEA) notifying the changes in rules of different savings schemes effective from 1.12.2011 - regarding. | ||||||||
33/2011 | Issue of clarifications regarding premature closure of TD accounts [26] | TD | |||||||
34/2011 | Procedure for opening of Savings Accounts of Below Poverty Line (BPL) households. | ||||||||
SB ORDERS - 2010 | |||||||||
01/2010 | Guide Book on “ Procedure on Small Savings Schemes and Payment of wages under MGNREGA for use in EDBOs. | ||||||||
02/2010 | Revival of silent accounts and charging of service charge- a revised procedure regarding. | ||||||||
03/2010 | Discontinuance of submission of pencil copy of HO list of transactions to AO(ICO) by SBCO-Amendment to Rule 46 of POSB Manual Vol-I and Para 141 of Manual of SB Control Procedure regarding. | SBCO | |||||||
04/2010 | Payment of monthly interest to MIS account holders [27] | MIS | |||||||
14-A 2009 | Delegation of power to sanction deceased claim cases by Sub Postmasters in RD/MIS and SCSS ac | CLAIM | |||||||
05/2010 | Updation of passbooks through passbook printers and drive for educating depositors for opening/ conversion of savings account with cheque facility. | ||||||||
06/2010 | Date of realization of local cheque/demand draft will be date of deposit in PPF account- a clarification regarding. | PPF | |||||||
07/2010 | Security of Sanchay Post Database- issues relating to common problems, database back-up, storage and preservation. | ||||||||
08/2010 | Introduction of Anti-Money Laundering (AML)/ Combating of Financing of Terrorism (CFT) norms for small savings schemes-implementation of CDD/KYC, Record Keeping and Reporting norms for POSB account/certificate holders under Prevention of Money Laundering (PML) Act 2002 regarding. | AML-CFT | |||||||
09/2010 | Opening of “Zero Deposit, Zero Balance” savings accounts for beneficiaries of IGNOAPS, IGNWPS and IGNDPS. | ||||||||
10/2010 | Introduction of Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) norms for small savings schemes- issue of further instructions and clarifications regarding. | AML-CFT | |||||||
11/2010 | Deduction of TDS in case of Sr. Citizen Saving Scheme 2004 and payment of commission to agents from 1.4.2010 | SCSS | |||||||
12/2010 | Closure of all accounts other than individual accounts (except security deposit accounts) by 31.7.2010. | SB | |||||||
13/2010 | Reinvestment of maturity value of one scheme to same or another scheme- a revised procedure reg | ||||||||
14/2010 | Operating procedure for opening and operating Old Age Pension account under IGNOAPS, Widows Pensioner Account under IGNWPS and Disabled Pensioner Account under IGNDPS | ||||||||
15/2010 | Closure/Premature closure of accounts- revision of format of account closure form SB-7A regarding. | SB | |||||||
16/2010 | Printing of new account opening form (SB-3) circulated in 2008. | ||||||||
17/2010 | Admissibility of interest after death of depositor before maturity in case of SCSS-2004 account- amendment to sub rule 3 of Rule 8 of SCSS-2004 rules regarding. | SCSS | |||||||
18/2010 | Introduction of Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) norms for small savings schemes- issue of further instructions and clarifications regarding. [29] | AML-CFT | |||||||
19/2010 | Opening of Joint Sr. Citizen Savings Scheme Account with Spouse- a clarification regarding. [30] | SCSS | |||||||
20/2010 | Deduction of TDS, filing of TDS return and issue of TDS certificate-regarding. [31] | ||||||||
21/2010 | Amendment to Post Office Savings Account Rules 1981- deletion of provision for opening of Single Savings Account by an authority controlling a Provident Fund, Superannuation Fund or Gratuity Fund on behalf of its individual members. | SB | |||||||
22/2010 | Introduction of Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) norms for small savings schemes fresh instructions and clarifications regarding. [32] | AML-CFT | |||||||
23/2010 | Closing of PPF(HUF) accounts on maturity- an amendment to Paragraph (9) of PPF Scheme 1968. | PPF | |||||||
24/2010 | Reinvestment of maturity value of one scheme to same or another scheme- a revised procedure re | ||||||||
25/2010 | New procedure for payment of amount of Savings Bank/Certificates in the name of deceased depositors/holders- replacement of Rule 87 of POSB Manual Vol-I and Rule 50 of POSB Manual Vol-II regarding. | ||||||||
SB ORDERS - 2009 | |||||||||
01/2009 | Calculation of Post Maturity Interest- a clarification | ||||||||
02/2009 | Release of version 6.5 of Sanchay Post Software | ||||||||
03/2009 | Handling of court cases relating to Savings Bank/Certificates at various levels. | ||||||||
04/2009 | Change in mode of dispatch of Advice of Transfer (AT) in case of transfer of accounts. | ||||||||
05/2009 | Putting up Signboards for awareness of public about possible frauds in POSB/SC. | ||||||||
06/2009 | Payment of dues in case of “Joint-B” type investments in Small Savings Schemes- a clarification regarding. [33] | ||||||||
07/2009 | Clarification regarding allowing part withdrawal from Workers Wage Account under NREG Act. | ||||||||
08/2009 | Delay in issue of MICR Cheque Books to the POSB Account | ||||||||
09/2009 | Deduction of Tax and surcharge on commission paid to SAS/MPKBY/PPF Agents- a clarification regarding | Agents | |||||||
10/2009 | Extension of SCSS-2004 accounts for 3 Years after maturity. | SCSS | |||||||
11/2009 | Admissibility of interest in RD accounts partly extended with monthly deposits and without deposits- a clarification | RD | |||||||
12/2009 | Entering daily Certificate discharge data of SOs in the CC Bridge/Sanchay Post Software in HOs. | ||||||||
13/2009 | Revision of existing limit of deposit and withdrawals under Instant Counter Service. [34] | ||||||||
14/2009 | Delegation of power to sanction deceased claim cases by Sub Postmasters in RD/MIS and SCSS accounts. [35] | CLAIM | |||||||
15/2009 | Issue of TDS Certificate. | ||||||||
16/2009 | Registration of customer’s request for transfer of account, closure of account and sanction of deceased claim case and maintenance/updation of record in this regard. | ||||||||
17/2009 | Revised rules of POSB Manual Vol-I [36] | ||||||||
18/2009 | Revised rules of POSB Manual Vol-II [37] | ||||||||
19/2009 | Enhancement of limit of withdrawals at Extra Departmental Sub/Branch Post Offices without obtaining sanction from Account Office [38] | ||||||||
20/2009 | Regularization of irregular opened/issued accounts/certificates. | ||||||||
SB ORDERS - 2008 | |||||||||
01/2008 | Issue of Sanction Memo of deceased claim cases of various Small Savings Schemes- a clarification regarding. | Claim | |||||||
02/2008 | Updating of data of all categories of accounts in all HPOs for HO as well as SO group and review of decetralization of RD/MIS/SCSS policy in the light of frauds being detected in Sub Post Offices. | ||||||||
03/2008 | Re-payment of any deposit or loan together with interest in any Small Savings Scheme except Savings Account if the amount is Rs. 20,000/- or more- a clarification regarding. | RD | |||||||
04/2008 | Amendment to Rule 24(2) of Appendix-I of POSB Manual Vol-I (1988 edition)/ Rule 24(3) of Appendix-I of POSB Manual Vol-I (corrected up to 31.12.2006) regarding withdrawal by SB-7 in cheque account. [39] | SB | |||||||
05/2008 | Security of important documents like Ledger Cards, SB-3, Index to ledger cards, Specimen Signature Books and Purchase applications of NSC/KVP etc. used in POSB/SC operations. | ||||||||
06/2008 | Mentioning of card numbers issued to RD depositors by MPKBY agents in Schedule of RD Deposits. | AGENTS | |||||||
07/2008 | Release of 6.0 version of Sanchay Post Software. | ||||||||
08/2008 | Closure of Savings Bank account and supply of SB-3 along with account closure form to SBCO- revised instructions regarding [40] | SBCO | |||||||
09/2008 | Non-deduction of income tax at source on the payments of interest under Sr. Citizens Small Savings Scheme 2004 | ||||||||
10/2008 | Reinvestment of matured certificates / deposits through authorized Post Office agents- a clarification regarding. | ||||||||
11/2008 | Updating of POSB Manual Vol-I and II and following of rules and procedure regarding. | ||||||||
12/2008 | Amendment in Rule 3 of SCSS Rules and regularization of SCSS accounts opened in contravention of proviso to Rule 3 sub-rule(2) of SCSS Rules i.e restriction on opening of more than one account in a calendar month in same deposit office- a clarification regarding regularization of accounts already closed before 24.5.2007. | SCSS | |||||||
13/2008 | Investment by NRIs and opening of account by Power of Attorney in Small Savings Schemes- a clari | SB/RD | |||||||
14/2008 | Acceptance of business from agents found involved in fraud cases | Agents | |||||||
15/2008 | Amendment in Rule 7 of Post Office RD Rules 1981 regarding number of defaults permissible in RD accounts opened or to be opened by personnel of Defence Services. [42] | RD | |||||||
16/2008 | Credit of maturity value of matured savings instruments including certificates into post office savings account regarding. | ||||||||
17/2008 | Opening and operating of account by blind/visually impaired persons independently- an amendment to Post Office Savings Account Rules 1981/ Post Office Time Deposit Rules 1981 and procedure regarding. [43] | ||||||||
18/2008 | Revision of Account Opening form SB-3- amendment to the Post Office Savings Bank General Rules 1981 in format of FORM-1 regarding. | ||||||||
19/2008 | Introduction of new type of savings account i.e Workers Wage Account under NREG Act by amending Post Office Savings Account Rules 1981- regarding. | ||||||||
19-A/2008 | Introduction of new type of savings account i.e Workers Wage Account under NREG Act by amending Post Office Savings Account Rules 1981- regarding. | ||||||||
20/2008 | Registration of Nomination under Post Office (Monthly Income Account) Rules 1987. | MIS | |||||||
21/2008 | Amendment to the Rule 12 of Post Office Savings Bank General Rules, 1981 regarding registration of nomination. [44] | ||||||||
10/2008 Corrigendum | Reinvestment of matured certificates / deposits through authorized Post Office agents- a clarification regarding. | AGENTS | |||||||
23/2008 | Sanction of deceased claim cases where there is no nomination and the amount due not exceed Rs. 1 Lakh- a clarification regarding. [45] | CLAIM | |||||||
24/2008 | Payment of collection charges on outstation cheques issued by Central/State Govt. Departments in the name of Postmasters. | ||||||||
SB ORDERS - 2007 | |||||||||
01/2007 | Grant of honorarium for calculation of interest in RD premature closure cases-Regarding | RD | |||||||
02/2007 | Introduction of the depositor at the time of opening of saving account. | SB | |||||||
03/2007 | Deduction of Tax and surcharge on commission paid to SAS/MPKBY/PPF Agents from 1.6.2007. | AGENTS | |||||||
04/2007 | Deduction of TDS in case of Sr. Citizen Saving Scheme 2004 during 2007-2008 with effect from 1.6.2007. [46] | SCSS | |||||||
05/2007 | Deduction of TDS and surcharge on TDS in case of withdrawals from NSS-1987 during 2007-2008. | ||||||||
06/2007 | Acting of SAS/MPKBY/PPF agents as an agent or messenger of the depositor for the purpose of withdrawal of money in various saving schemes. [47] | Agents | |||||||
07/2007 | Amendment in Rule 3 of SCSS Rules and regularization of SCSS accounts opened in contravention of proviso to Rule 3 sub-rule(2) of SCSS Rules i.e restriction on opening of more than one account in a calendar month in same deposit office. | SCSS | |||||||
08/2007 | Remittance of SBMO to HO/SO by field post offices in case of SB deposits received at Field Post Offices for credit into SB accounts standing at Civil Post Offices. | SB | |||||||
09/2007 | Payment of money when signatures of depositor differs or not available in PO record- a clarification regarding. [48] | SB | |||||||
10/2007 | Issue of TDS certificate in respect of Commission paid to agents, TDS from SCSS and NSS-87 accounts. | SCSS | |||||||
11/2007 | Amendment to Rule 4 of Post Office Saving Account Rule 1981 regarding opening of Pension Account [49] | SB | |||||||
12/2007 | Amendment to Rule 4 and Rule 5(1) of Monthly Income Account Rule 1987 regarding maximum limit of investment in MIS. [50] | MIS | |||||||
13/2007 | Settlement of PPF Claims of Subscribers, who go missing guidelines issued by Min. of Finance | PPF | |||||||
14/2007 | Deduction of TDS and issue of TDS certificate for the interest paid to the depositors of Senior Citizen Savings Scheme accounts – Procedure regarding [51] | SCSS | |||||||
15/2007 | Senior Citizen Saving Scheme (SCSS) 2004- Payment of Interest in cases of Pre-mature closure of account after deduction of penalty [52] | SCSS | |||||||
16/2007 | Regularization of MIS accounts opened with minimum deposit of Rs.1000/- after 1.8.2007 up to date of receipt of amendment in MIA Rules 1987. | MIS | |||||||
17/2007 | Acceptance of subscription in PPF account by cheque/demand draft- a clarification regarding [53] | PPF | |||||||
18/2007 | Amendment in rule 9, sub-rule(1) of Post office Monthly Income Account Rules 1987- admissibility of 5% bonus on MIS account opened on or after 8.12.2007 regarding | MIS | |||||||
Please Refer Corresponding SB Orders for more clarification. The same can be downloaded from India- Post Website | |||||||||
Compiled by Admin, http://PostalRADAR.blogspot.com/ | |||||||||
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