CIRCLE BULLETIN NO.06

     ALL INDIA SAVINGS BANK CONTROL EMPLOYEES UNION, A.P.CIRCLE

(A Union recognized by Department of Posts)

H.Q.SBCO O/o Hindupur HO, Anantapur Dist – 515201.

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 V.NARASIMHA DAS             N.SREENIVASULU                     M.BASAVALINGIAH

 PRESIDENT,                         CIRCLE SECRETARY,                TREASURER , 

 PA,  SBCO                             In charge SBCO                          In charge SBCO, 

 HYDERABAD, GPO.             HINDUPUR- HO.                          NANDYAL -HO.

 Cell: 9441051768                  Cell: 9440084328                         Cell: 9908399256

dasvunnamatla@gmail         seenu.sbco@gmail.com        basavalingaiah.m@gmail

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                                                                                    Aisbceu.blogspot.in     for CHQ

BULLETIN NO.06                                                  DATED:   13.09.2014

        I wish to issue this Bulletin with the following news

OUR UNION WISHES YOU & YOUR FAMILY LOTS OF HAPPINESS, GOOD HEALTH, PROSPERITY AND PEACE OF MIND ALL THROUGH THIS DASARA

1)    CENTRAL GOVT. EMPLOYEES UNDER LOKPAL ACT- 2013:  

 Under the Lokpal and Lokayuktas Act, 2013, it is mandatory for every public servant, which includes Central Government employees also, to declare assets and liabilities in the manner provided by or under the said Act. 

2)     CHILDREN EDUCATION ALLOWANCE FOR CENTRAL GOVERNMENT EMPLOYEES - ANNUAL CEILING AND DETAILS OF ADMISSIBLE INSTITUTIONS

    While answering to a question in Parliament on 18.7.2014, Finance Minister Shri Arun Jaitley said in a written form regarding the details of Children Education Allowance that it has been informed by the Department of Personnel and Training that the annual ceiling limit for reimbursement of Children Education Allowance (CEA) is18,000/- per child. The Hostel Subsidy shall be 4,500/- per month per child. 

   The annual ceiling for reimbursement of CEA for disabled children of Government employees is 36,000/- per annum per child and the rates of Hostel Subsidy for disabled children of Government employees is 9,000/- per child per month. 

                                                                 //  2  //  

   The reimbursement is admissible for the children studying in institutions affiliated to any Board or recognized institution, whether in receipt of Government aid or not, recognized by the Central or State Government or Union Territory Administration or by University or a recognized educational authority having jurisdiction over the area where the institution is situated. These revisions are applicable with effect from 1st January, 2014. 

3)    The 7th Pay Commission         has started its first phase of interaction.   It has been seeking the views of various stakeholders on its terms of reference. To this end, meetings have been held in Delhi with various organizations and heads of various agencies.

In its second phase of interaction, the Commission plans to hold meetings in different parts of the country to facilitate stakeholders staying in various areas to present their views personally before the Commission and ensure larger representation. This exercise is being undertaken to enable the Commission to get a firsthand impression about the functioning and the condition of service prevailing in different parts of the country. The commission is not ready to consider our demands of DA merger and interim relief, since it is not recommended by the Govt. of India. However, the commission assured to submit its report as earlier before the schedule date.

4)   Maximum limit of subscription in a financial year of PPF a/c :

       The subscription in a financial year shall be Rs.150000 in place of Rs.100000

    ( Gazette notification No. G.S.R. 588(e)  dated 13.08.2014) SB order no. 09/2014)

3) UNDER MACP-III PROMOTIONS : The following SBCO officials are got MACP-III promotion, This Union congratulate the Officials. Now they are eligible with Rs. 4600 grade pay

Slno	Name of the Official
1	Sri. B. Chandrasekhar, Anantapur HO	Kurnool Region
2	Sri. Y. Ganganna, Anantapur HO	Kurnool Region
3	Sri K.S.L.N. Murthy, Kadapa HO	Kurnool Region
4	Sri Shabbeer Hussain, Nandyal HO	Kurnool Region
5	Sri P. Adinarayana, Chandragiri HO	Kurnool Region
6	Sri Y, Ramprasad, ICO (SB)	Hyd Region

( Vide CPMG Lr/ST/SBCO/MACP-III/2014-15 HYD dt. 30.06.2014)

                                                                        //  3   //

5)   DIVISIONAL MONTHLY MEETNGS : 

   I request to our Divisional representatives to take up the divisional level problems with Divisional heads without fail. All A.C.S are requested to send revised list.

6)   RETIREMENT : Smt. Y. SivaKumari, Narasaraopet H.O is went on voluntary retirement on 15.08.2014. I , on behalf of our Union wishing her “ Happy & peaceful retired life.

APPEAL    

1)    The problems faced by the SBCO staff may be taken up immediately at Divisional/Regional level in writing and please brought to my notice with a copy for further necessary action if required.

2)    Please attend all Divisional level monthly Union meeting with Divisional Heads and get the problems of divisional level solved.

      All members are requested to see their subscriptions are correctly recovered and remitted to the Treasurer. All Regional Representatives are also requested to look into the matter personally and do the needful.  

7)   Donations: I hope you might have been received the payment of bonus for 60 days and 2 months D.A arrears. I appeal all the members to donate liberally (minimum Rs.200/-) to strengthen the financial position of our union. The donations may please be sent to the Sri M. BASAVALINGAIAH, Treasurer, AISBCE Union, Kurnool H.O,Kurool-518002.

WE ARE ONE – OUR UNON IS ONE

AISBCEU UNION – ZINDABAD

With regards,

                                                                                                             Yours fraternally,

                                                                                                              ( N. SREENIVASULU )

       

Assets and Debts Returns

LOK SABHA QUESTION & ANSWERED REVENUE GENERATION OF POSTAL SERVICES

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LOK SABHA QUESTION & ANSWERED DELIVERY OF POSTAL ARTICLES

FOR DETAILS CLICK HERE

LOK SABHA QUESTION & ANSWERED PENALTY PROCEEDINGS AGAINST GOVERNMENT SERVANTS

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Circle Bulletin 5

To View CLICK HERE

Clarifications on different scenarios being faced or likely to be faced in CBS PostOffices

Clarifications on different scenarios being faced or likely to be faced in
CBS PostOffices

1.Scenario:- When a certificate holders attend CBS Post Office from where Certificates were purchased for transfer of certificates to another CBS Post Office.
The Counter PA or Supervisor or Postmaster should politely request the Certificate holder that since CBS has been implemented in the office, where he wants to transfer certificates, there is no need for transfer of certificates as he/she, on maturity, can take payment from any CBS Post Office after giving fresh KYC documents.


2.Scenario:- When a Certificate holder attends any CBS Post Office to encash certificates either on maturity or for premature closure where certificates were purchased from other CBS Post Office.
The Counter PA should first go to HACLI and see that Certificates are genuine and stand in Finacle. He/She will verify signatures of the holder(s) on the certificates with that available in Finacle. Once, it is confirmed from the signatures that  holder is genuine, holder should be asked to fill NC-32 and give fresh ID as well as Address Proof and Mobile number. After proper verification of KYC documents, Certificates first be transferred IN by using HACXFSOL. Customer’s new address and mobile number should be entered through account modification menu and it should be verified by Supervisor. Then payment should be made by crossed cheque or credit to savings account. Payment should not be made by cash in any case. If holder wants re-investment, closing proceeds should be transferred to Re-investment office account (0387) and credit re-invested amount into newly opened account/certificate. Remaining amount can either be credited to savings account or paid back by cheque.
If certificates belong to the period of pre-migration, an intimation of discharge should be sent to the office of issue by service registered post which will make discharge entry in the Purchase Application.
NC-32 and KYC documents should be sent to CPC of the office where payment is being made. CPC will scan the document and attach the same with CIF.

3.Scenario:- When any claimant presents certificates issued by another CBS Office alongwith claim application form for payment or transfer to claimant’s name.
In CBS environment, claim form can be submitted at any CBS post office. When such a claim is presented at any CBS post office, first of all, user has to enter date of death in the CIF and supervisor has to verify. Then procedure of settlement of deceased claim case has to be followed. After sanction of claim, if claimant wants payment, procedure mentioned in scenario 2 should be followed. If claimant wants to transfer of certificates in his/her name, open new CIF in his/her name based on new AOF(if no CIF is available in his/her name) and attach the existing Certificates (Accounts) with new CIF. Name of holder can be changed through menu HAALM.
In this case also, If certificates belong to the period of pre-migration, an intimation of discharge or sanction of claim should be sent to the office of issue by service registered post which will make discharge entry in the Purchase Application and attach sanction memo.
Claim Application Form and KYC documents of claimant and Account Opening Form (AOF) should be sent to CPC of the office where payment is being made or claim is sanctioned. CPC will scan the document and attach the same with CIF.

4. Scenario:- When Account Holder of MIS/SCSS/TD scheme approaches CBS Post Office, where account stands for transfer of accounts before maturity to another CBS Post Office.
The Counter PA or Supervisor or Postmaster should politely request the Account holder that since CBS has been implemented in the office, where he wants to transfer Accounts, there is no need for transfer of Accounts as he/she, on maturity, can take payment from any CBS Post Office after giving fresh KYC documents. Whenever any account is closed at the office other than the office where account was opened, payment should not be made by cash in any case and payment should either be made by crossed cheque or credit to savings account (where required KYC documents have been taken). Monthly/quarterly or Yearly interest can also be withdrawn at any CBS Post Office.

5.Scenario:- When Account Holder of MIS/SCSS/TD scheme approaches any CBS Post Office for taking interest or closing accounts.
The Counter PA should first go to HACLI and see that Account(s) are genuine and stand in Finacle. He/She will verify signatures of the holder(s) on the withdrawal Form or Account Closure Form with that available in Finacle. Once, it is confirmed from the signatures that holder is genuine, payment of interest should be made to the account holder as per process being followed for normal withdrawal. If account closure is requested, take SB10(b) form, fresh ID as well as Address Proof. After proper verification of KYC documents, Accounts(s) first to be transferred IN by using HACXFSOL. Whenever any account is closed at the office other than the office where account was opened, in any case, payment should not be made by cash and payment should either be made by crossed cheque or credit to savings account (where required KYC documents have been taken) only. If holder wants re-investment, closing proceeds should be transferred to Re-investment office account (0387) and credit re-invested amount into newly opened account/certificate. Remaining amount can either be credited to savings account or paid back by cheque.
SB10(b) and KYC documents should be sent to CPC of the office where payment is being made. CPC will scan the document and attach the same with CIF.

6.Scenario:- When any claimant presents documents for preferring claim in respect of any MIS/SCSS/TD/RD/PPF account(s) stand at another CBS Office alongwith claim application form for payment or transfer of account (RD/TD/SCSS) in the name of claimant.
Deat should be noted in the relevant field in CIF of deceased depositor. Follow the procedure laid down for settlement of deceased claim case. After sanction of claim, follow the procedure mentioned in scenario 5 above. If claimant wants to transfer RD/TD/SCSS account in his/her name, open new CIF (based on new Account Opening Form (AOF)} in his/her name (if not already exists) and attach the existing Accounts with new CIF. Name of holder can be changed through menu HAALM.
Claim Application Form and KYC documents of claimant or Account Opening Form (AOF) should be sent to CPC of the office where payment is being made or claim is sanctioned. CPC will scan the document and attach the same with CIF.
 
7. Scenario:-A Certificate holder whose certificates stand at CBS post office  wants payment of matured certificates at non CBS Post Office .
When a certificate holder attends non-CBS post office, he/she should be asked to submit application on plain paper in duplicate requesting payment at non-CBS post office and his/her contact number. He/she should be asked to submit original certificates duly signed on the back. The certificate holder should be identified with fresh KYC documents. Postmaster of the post office (Non CBS) will accept KYC documents on the application for payment under dated signatures and send original certificates and application for payment duly accepted under his dated signatures attesting holder’s signature with designation stamp by service Insured Post to the Postmaster of CBS Post Office from where certificates were purchased. He will enter details of certificates and holder (including contact number) in a register to be maintained in manuscript.
When Insured is received at CBS Post Office, Postmaster will open the same and enter details of certificates and holder (including contact number) in a register to be maintained in manuscript. (CBS)Postmaster, after satisfying that Postmaster of Post Office (Non CBS) from where insured was received has attested signatures of holder on the application, will transfer original certificates to the CBS counter. Further process for discharge of certificates will be followed at the CBS Post Office. A crossed Postmaster cheque for the maturity amount will be prepared in the name of holder and handed over to the Postmaster. Entry of the cheque will be made in the same register and cheque will be sent by service Insured Post to the Postmaster of the Post Office (non CBS)  from where certificates were received. Insured Letter number and receipt should be entered in the register and receipt will be pasted against the entry.
On receipt of Insured letter at the Post Office(non CBS) from where certificates were sent, Postmaster will open the Insured Letter, enter Insured Letter number and cheque number as well as date in the register against the entry which was made at the time of sending the certificates. Certificate holder should be called over phone to receive the cheque. When certificate holder attends post office, cheque should be handed over to him under receipt in the register against the relevant entry.

8. Scenario:- Application for transfer of certificates sent for verification by non CBS post office and on receipt of verification, post office migrated CBS.
The Postmaster will send such requests to the divisional head who will inform the certificate holder and arrange payment from the nearby non-CBS Post Office.

9.Scenario:- Advice of Transfer(AT) issued by a non CBS HO received at CBS HO or SO.
Account Holder should be contacted and requested to provide name of any nearby non CBS Post Office for opening of account. On getting such information, account will be opened on transfer in that office.

10.Scenario:- An account holder applies for transfer of account to any other HO or SO at CBS or Non CBS Post Office.
Postmaster or Sub Postmaster of SO/HO where transfer of account is applied will go to DMCC Chennai website to see list of CBS Post Offices and confirm that post office to which transfer is applied is not a CBS Post Office. If SO is completely manual and unable to see the list, it will be the duty of HO that before issue of AT, list should be consulted and if that post office is already in the list of CBS Post Offices, AT should not be issued. Account holder should be contacted and asked to submit name of any nearby non CBS post office.

11. Scenario:- A Certificate holder of CBS Post Office, lost certificates and wants to get duplicate certificates issued.
In such cases, certificate holder can apply for issue of duplicate certificates only at the CBS post office from where, certificates were issued. Process of issue of duplicate certificates should be started and completed by that CBS Post Office only.

(Procedure )
1. Move the inventory of Duplicate Certificates (if available) of same scheme to the user id from which duplicate certificate is getting printed. Otherwise, fresh certificates will be taken from the existing inventory.
2. GO to HDUDRP and provide details like account number /cif id for which certificate is getting printed.
3. HDUDRP will take the current inventory i.e either normal or duplicate certificates which is available with the user.
4. If certificates are actually printed through printer, the user is able to see DUPLICATE on the certificates. If certificates are not printed then a Rubber Stamp of “Duplicate” should be placed on the certificates where normal certificates are used.
5.  After this, new certificate number will be available under the account number.  Use NSCAM menu to confirm that new certificate numbers are replaced with lost certificates.
6. If the any holder/customer come with old certificates, while closure, system will not those certificates in the closure menu .
7. Old certificate number will not be reflected in the system and user can’t be able to close the account.

12.Scenario:- An account holder of a CBS post offices wants to get duplicate Passbook issued.
Duplicate Passbook can be issued by any CBS Post Office after following the laid down procedure of issue of duplicate Passbook.

13. Scenario:- Inter CBS Post office Transactions (INTERSOL TRANSACTIONS)
In CBS environment, transactions can be initiated in any CBS Post Office. Any depositor of Savings, RD, TD, MIS, SCSS, PPF or Certificates can initiate transaction either Financial or Non-Financial at any CBS Post Office. Transaction will appear in the Report No.19 i.e Common Counter Wise Transactions Report-Inter Branch of the office where transaction is initiated. Amount of the transaction would also appear in Consolidation of the same office. No transaction would appear in the office where account/certificate stands.  Extra care should be taken at the time of such transactions. In respect of withdrawal from savings Account for more than for  Rs. 50,000/- , it should be allowed only if required KYC documents of the account holder (s) have been taken. In respect of accepting deposits, no extra care is required to be taken. As regards, payment of maturity value of MIS/RD/SCSS/TD/PPF/Certificates, payment should be made by crossed cheque or credit to Savings Account (where appropriate KYC documents have been taken). Non Financial transaction means modification in account or CIF. This can also be initiated at any CBS Post Office but it should be supported by documentary proof. This document and application for modification (to be taken on A4 size paper) should be sent to concerned CPC where modification is being done for scanning and attaching to CIF. Please ensure that all Financial or Non Financial Transactions should be verified by Supervisor/SPM at the same office and same time when initiated.

14. Scenario:- A customer wants to do re-investment of matured amount in CBS post office.
In case, depositor wants re-investment from one scheme's maturity value to another scheme, total maturity value+interest should be credited/deposited under Office Account 0387 and then amount to be invested should be debited/withdrawn from this account and credited/deposited in the concerned new account. Remaining amount can be paid by cash/cheque from this account to the customer.
One Supervisor/SPM should take print out of the ledger copy of this office account by invoking HACLPOA or Office Account LOT and cross verify all debits and credits with corresponding re-investment entries in the LOTs on daily basis. Supervisor has to ensure that balance at the end of each day in this account is Zero i.e against all the credits entered for re-investment, amount should be debited from this account and concerned accounts are credited or remaining amount is paid.

Index to SB ORDERS FROM 2006 to 2011

2006

01/2006-Subject:-Mode of payments of deposits under   Sec 269 IT  Act (Rs 20000/- and exceeding by way of cheque

 

02-   Subject:- MIS Account Rules,2006 ; Regarding(No bonus on maturity w.e.f 13.06)

03-   Subject:- SCSS-2004-Clarification regarding ( FAQ on on premature closures  interest & claim settlement)

04-   Subject:- SCSS -2004,nomination through Power of Attorney : clarification 

 

05-   Subject:- SCSS-2004; clarification on payment of interest less than a quarter

 

06-   Subject:- SCSS-2004; clarification for continuance of an SCSS account after death of depositor

 

07-   Subject:- SCSS-2004: issue relating TDS ; clarification

08-   Subject:- SCSS-2004 ; Amendment regarding Account transfer  cases (Transfer fee Rs.5/-per lakh (1^st & Rs 10/-(subsequent)

09-   Subject:- Amendment to SCSS -2004 Rules ;Clarification

10-   Subject:- Time norms for transferring of accounts  

11-   Subject:- Separation of account withdrawal and closure forms (SB-7, SB-7A)

 

12-   Subject:- Numbering of unlisted RD schedules(ASLAAS-6) by Agents in Post offices -5 year RD account Regarding

 

13-   Subject:- Compliance of Service Tax regarding (ST12%+EC2%)

14-   Subject:- SCSS-2004; issue relating to TDS clarification

15-   Subject:- SCSS-2004; issue relating to TDS;   submission of declaration

 

16-   Subject:- PO MIA scheme pre-mature closure : regarding

 

17-   Subject:- Opening of SB accounts through cheques

 

18-   Subject:- Settlement of claims- Payment to claimants/Nominee

19-   Subject:- SCSS Deposits- Exit option scheme for SBI –Eligible  optees

 

20-   Subject:- Addition to Rule 11(13) POSB manual volume-II. Endorsement of cheque drawn in favor of PM by a customer.

21-   Subject:- SCSS-2004-Exit option scheme of SBI eligibility of optees (55yrs-60yrs) to invest in SCSS-2004

 

22-   Subject:- Corrigendum to SB Order No.20/06 (Rule 11(3) of POSB Vol-II)

 

23-  Subject:- Revision of format of account withdrawal and account closure.

 

24- Subject :- Extension of post dated cheque facility to SCSS-2004

25- Subject :- Payment of quarterly SCSS interest through MO

26- Subject :- PO MIS account rules 1987 simplification of procedure. (Validity period of PDCs -3 months)

 

27- Subject:- SCSS-2004 issue relating to TDS classification .  (15G,15Hand 16A)

 

28- Subject:- Operating procedure for making payment through post dated cheques-SCSS quarterly interest

 

29- Subject:- Actions of authorized agents as witness or messenger

2007

01/2007-     Subject:- Grant of honorarium for calculation of interest in RD premature closure cases-Regarding

02-    Subject:- Introduction of the depositor at the time of opening of saving account.

03-    Subject:- Deduction of Tax and surcharge on commission paid to SAS/MPKBY/PPF agentsfrom1.6.2007.

04-    Subject:- Deduction of TDS in case of Sr. Citizen Saving Scheme 2004 during 2007-2008 with effect from 1.6.2007.

05-    Subject:- Deduction of TDS and surcharge on TDS in case of withdrawals from NSS-1987 during 2007-2008.

06-    Subject:- 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.

07-    Subject:- 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.

08-    Subject:- 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.

09-    Subject:- Payment of money when signatures of depositor differs or not available in PO record- a clarification regarding.

10-    Subject:- Issue of TDS certificate in respect of Commission paid to agents, TDS from SCSS and NSS-87 accounts.

11-    Subject:- Amendment to Rule 4 of Post Office Saving Account Rule1981 regarding opening of Pension Account.

12-    Subject:- Amendment to Rule 4 and Rule 5(1) of Monthly Income Account Rule 1987 regarding maximum limit of investment in MIS.

13-    Subject:- Settlement of PPF Claims of Subscribers, who go missing guidelines issued by Min. of Finance.

14-    Subject:- Deduction of TDS and issue of TDS certificate for the interest paid to the depositors of Senior Citizen Savings Scheme accounts – Procedure regarding

15-    Subject:- Senior Citizen Saving Scheme (SCSS) 2004- Payment of Interest in cases of Pre-mature closure of account.

16-    Subject:- 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.

17-    Subject:- Acceptance of subscription in PPF account by cheque /demand draft- a clarification regarding.

18-    Subject:- 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

2008

01/2008-   Subject:- Issue of Sanction Memo of deceased claim cases of various Small Savings Schemes- a clarification regarding

02-    Subject: - Updating of data of all categories of accounts in all HPOs for HO as well as SO group and review of decentralization of RD/MIS/SCSS policy in the light of frauds being detected in Sub Post Offices.

03-    Subject:- 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.

04-    Subject:- 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.

05-    Subject:- 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-    Subject:- Mentioning of card numbers issued to RD depositors by MPKBY agents in Schedule of RD Deposits.

07-    Subject:- Release of 6.0 version of Sanchay Post Software.

08     Subject:- Closure of Savings Bank account and supply of SB-3 alongwith account closure form to SBCO- revised instructions regarding

09-    Subject: Non-deduction of income tax at source on the payments of interest under Sr. Citizens Small Savings Scheme, 2004.

10-    Subject:- Reinvestment of matured certificates / deposits through authorized Post Office agents- a clarification regarding.(Amended. See just below SB Order No 21/2008)

11-    Subject:- Updating of POSB Manual Vol-I and II and following of rules and procedure regarding.

12-    Subject:- 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

13-    Subject:- Investment by NRIs and opening of account by Power of Attorney in Small Savings Schemes- a clarification regarding.

14-    Subject:- Acceptance of business from agents found involved in fraud cases.

15-    Subject:- 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.

16-    Subject:- Credit of maturity value of matured savings instruments including certificates into post office savings account regarding

17-    Subject:- 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.

18-    Subject:- Revision of Account Opening form SB-3- amendment to the Post Office Savings Bank General Rules 1981 in format of FORM-1 regarding.

19-    Subject:- Introduction of new type of savings account i.e Workers Wage Account under NREG Act by amending Post Office Savings Account Rules 1981- regarding.

19A.- Subject:- 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-    Subject:- Registration of Nomination under Post Office (Monthly Income Account) Rules 1987.

21-    Subject:- Amendment to the Rule 12 of Post Office Savings Bank General Rules, 1981 regarding registration of nomination

00-    Subject:- Reinvestment of matured certificates / deposits through authorized Post Office agents- a clarification regarding(SB Order10/2008)

22-    Subject:- Sanction of deceased claim cases where there is no nomination and the amount due not exceed Rs. 1 Lakh- a clarification regarding.

23-    Subject:- Updating of ledgers/data entry of all savings schemes in HPOs and SOs.

24-    Subject:- Payment of collection charges on outstation cheques issued by Central/State Govt. Departments in the name of Postmasters

2009

01/2009-   Subject:- Calculation of Post Maturity Interest- a clarification regarding.

02-    Subject:- Release of version 6.5 of Sanchay Post Software

03-    Subject:- Handling of court cases relating to Savings

Bank/Certificates at various levels.

04-    Subject:- Change in mode of dispatch of Advice of Transfer (AT) in case of transfer of accounts.

05-    Subject:- Putting up Signboards for awareness of public about possible frauds in POSB/SC.

06-    Subject:- Payment of dues in case of “Joint-B” type investments in Small Savings Schemes- a clarification regarding.

07-    Subject:- Clarification regarding allowing part withdrawal from Workers Wage Account under NREG Act.

08-    Subject:- Delay in issue of MICR Cheque Books to the POSB Accountholders.

09-    Subject:- Deduction of Tax and surcharge on commission paid to SAS/MPKBY/PPF Agents- a clarification regarding

10-    Subject:- Extension of SCSS-2004 accounts for 3 Years after maturity.

11-    Subject:- Admissibility of interest in RD accounts partly extended with monthly deposits and without deposits- a clarification regarding.

12-    Subject:- Entering daily Certificate discharge data of SOs in the CC Bridge/Sanchay Post Software in HOs.

13-    Subject:- Revision of existing limit of deposit and withdrawals under Instant Counter Service.

14-    Subject:- Delegation of power to sanction deceased claim cases by Sub Postmasters in RD/MIS and SCSS accounts.(  also refer SB ORDER NO. 14-A /2009  )    

CORRIGENDUM dtd 02-02-2010 see letter below SB order No 04/2010)

15-    Subject:- Issue of TDS Certificate.

16-    Subject:- 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-    Subject:- Revised rules of POSB Manual Vol-I (Amendments to various rules on computerization—Rule-5,10,13…..etc. .upto 115)

18-    Subject:- Revised rules of POSB Manual Vol-II

19-    Subject:- Enhancement of limit of withdrawals at Extra Departmental Sub/Branch Post Offices without obtaining sanction from Account Office

20-    Subject:- Regularization of irregular opened/issued accounts/ certificates.

2010

01/2010-   Subject:- Guide Book on “ Procedure on Small Savings Schemes and Payment of wages under MGNREGA for use in EDBOs.

02-    Subject:- Revival of silent accounts and charging of service charge- a revised procedure regarding.

03-    Subject:- 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.

04-    Subject:- Payment of monthly interest to MIS account holders.

00-    Subject:- Delegation of power to sanction deceased claim cases by Sub Postmasters in RD/MIS and SCSS accounts. (SB ORDER NO. 14-A /2009) CORRIGENDUM dtd 02-02-2010

05-    Subject:- Updation of passbooks through passbook printers and drive for educating depositors for opening/ conversion of savings account with cheque facility

06-    Subject:- Date of realization of local cheque/demand draft will be date of deposit in PPF account- a clarification regarding.

07-    Subject:- Security of Sanchay Post Database- issues relating to common problems, database back-up, storage and preservation.

08     Subject:- 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

09-    Subject:- Opening of “Zero Deposit, Zero Balance” savings accounts for beneficiaries of IGNOAPS, IGNWPS and IGNDPS.

10-    Subject:- Introduction of Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) norms for small savings schemes- issue of further instructions and clarifications regarding.

11-    Subject:- Deduction of TDS in case of Sr. Citizen Saving Scheme 2004 and payment of commission to agents from 1.4.2010.

12-    Subject:- Closure of all accounts other than individual accounts(except security deposit accounts) by 31.7.2010.

13-    Subject:- Reinvestment of maturity value of one scheme to same or another scheme- a revised procedure regarding.

14-    Subject:- Operating procedure for opening and operating Old Age Pension account under IGNOAPS, Widows Pensioner Account under IGNWPS and Disabled Pensioner Account under IGNDPS

15-    Subject:- Closure/Premature closure of accounts- revision of format of account closure form SB-7A regarding.

16-    Subject:- Printing of new account opening form (SB-3) circulated in 2008

17-    Subject:- 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.

18-    Subject:- Introduction of Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) norms for small savings schemes- fresh instructions and clarifications regarding

19-    Subject:- Opening of Joint Sr. Citizen Savings Scheme Account with Spouse- a clarification regarding.

20-    Subject:- Deduction of TDS, filing of TDS return and issue of TDS certificate-regarding.

21-    Subject:- 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.

22-    Subject:- Introduction of Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) norms for small savings schemes fresh instructions and clarifications regarding

23-    Subject:- Closing of PPF(HUF) accounts on maturity- an amendment to Paragraph (9) of PPF Scheme 1968.

24-    Subject:- Reinvestment of maturity value of one scheme to same or another scheme- a revised procedure regarding.

25-    Subject:- 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

2011

01/2011-   Subject:- Use of prescribed Account Opening Form (Form’A’) while opening PPF accounts to avoid irregular opening of Joint accounts in PPF.

02-    Subject:- Clarifications regarding new procedure prescribed for settlement of deceased claim cases vide SB Order 25/2010.

03-    Subject:- Appointment of agents and other agency functions – fresh instructions issued by MOF(DEA) regarding.

04-    Subject:- Implementation of AML/CFT norms in Small Savings Schemes and Remittances in post offices- carrying out Inspection and its further review regarding.

05-    Subject:- Appointment of agents and other agency functions- issue of clarifications regarding (Limit of acceptance of cash from SAS agent(Rs-10000/-)

06-    Subject:- Treating the MSY accounts at par with savings accounts and charging of service charge of Rs.20/- per year.

 

07-    Subject:- Extension of PPF Scheme up to Post Offices with sanctioned strength of 2+1 (‘A’ class post office) w.e.f 1.7.2011.

08-    Subject:- Payment of deposits/certificates belong to minors- a clarification regarding

09-    Subject:- 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.

10-    Subject:- Enhancement of Savings Bank Allowance to Postal Assistants working in Savings Bank Branches.

11-    Subject:- 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-    Subject:- 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

13-    Admissibility of interest in PPF(HUF) accounts matured between13.5.2005 to 7.12.2010 -a clarification regarding..

14-    Subject:- 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--   Subject:- Settlement of deceased claim case in respect of Sr. Citizen’s Savings Scheme account- a clarification regarding

16     Subject:- Grant of Savings Bank Allowance to Postal Assistants working in Savings Bank/certificate branches- holding of SB Aptitude Test regarding

17-    Subject:- Admissibility of commission to SAS Agents.(on limit of amount of deposit)

18-    Subject:- Procedure to be followed during voucher checking by SBCO staff-a clarification regarding.

19-    Subject:- Implementation of AML/CFT norms in Small Savings Schemes- an external inspection of selected post offices by Min. of Finance Regarding

20-    Subject:- 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.

21-    Subject:- Attestation of Annexure-II (Affidavit) and Annexure-III (Disclaimer on Affidavit) incase of deceased claim case preferred where there is no nomination- a clarification regarding

22-   Subject:-  Discontinuation of Kisan Vikas Patras w.e.f 1.12.2011.

23-   Subject:- Revision of maturity period and maturity value of 6 years National Saving Certification (NSC)  VIII with effect   issue from 1-12-2011.

24-    Subject:-Revision of maximum limit of subscription in a financial year, rate of interest on balance in the PPF Account and rate of interest charged on loan taken from PPF account with effect from 1-12-2011.

25-    Subject:-     Revision of maturity period, rate of interest and discontinuation of 5% bonus on maturity of Monthly Income Account scheme with effect from 1-12-2011.

26-    Subject:-     Revision of interest rate on balance at credit from Post Office Savings Account with effect from   1-12-2011

27-    Subject:-Revision of rate of interest of Time Deposit Account with effect from 1-12-2011

28-   Subject: Revision of rate of interest of Recurring Deposit Account with effect from 1-12-2011

29-   Subject:- Revision of rate of commission payable to SAS and MPKBY agent discontinuance of commission to PPF Agent with effect from 1-12-2011

30-   Subject:-Introduction of new schemes called “10 Year National Savings Certificate (IX Issue)”  with effect from     1-12-2011

31-    Subject:- Modifications in PORD Rules 1981, Post Office Monthly Income Account Rules 1987, POTD Rules 1981, KVP Rules 1988, NSC (VIII-Issue) Rules 1989-regarding.

32     Subject:- 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     Subject:- Issue of clarifications regarding premature closure of TD accounts

34     Subject:- Procedure for opening of Savings Accounts of Below Poverty Line (BPL) households