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Showing posts with the label SB ORDERS

Revision of interest rates for Small Savings Schemes to be effective from third quarter of Financial Year 2016-17

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Revision of interest rates for Small Savings Scheme from 1st Oct, 2016 to 31st Dec, 2016 Instruments Rate of interest   w.e.f. 01.07.2016   to 30.09.2016 Rate of interest   w.e.f. 01.10.2016   to 31.12.2016 Compounding   frequency* Saving Deposit 4.0 4.0 Annually 1 Year Time Deposit 7.1 7.0 Quarterly 2 Years Time Deposit 7.2 7.1 Quarterly 3 Years Time Deposit 7.4 7.3 Quarterly 5 Years Time Deposit 7.9 7.8 Quarterly 5 Years Recurring Deposit 7.4 7.3 Quarterly 5 Years Senior Citizens Savings Scheme 8.6 8.5 Quarterly and paid 5 Years Monthly Income Account Scheme 7.8 7.7 Monthly and paid 5 Years National Savings Certificate ...
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Change of Role of SBCO in the backdrop of implementation of CBS (Addendum SB order 14/2015)

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Change of Role of SBCO in the backdrop of implementation of CBS (Addendum SB order 14/2015) The competent authority has reviewed the Annexure attached to the  SB Order No.14/2015  and decided to replace point 5.1 of the Annexure from the date of receipt of this order. Content of point 5.1 shall be as under:-  5.1 Examination of scheme-wise consolidation received from HO and SOs, Checking of entries in LOTs viewed from Finacle MIS server and checking the daily/ progressive totals in the Cash Book.  5.1.1 SBCO PA  The designated Postal Assistant SBCO will receive Scheme-wise sealed and stitched Voucher Bundles with Consolidation placed at the top from Sub Account PA. He will generate fresh consolidation of each scheme from Finacle production server (HFINRPT) and compare the print out received from SOs with the system generated consolidation. Both the consolidations should be tallied with SO Daily Account and SO Summary. Bundle of HO will be received f...
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SB Order No. 01/2016 : Revision in Interest Rates of Small Savings Schemes

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S B Order No. 02/2016 : Acceptance of POSB business in the case of Finacle CBS application is not accessible or slow to accept transactions presented at the counter - invoking of Business Continuity Plan (BCP) regarding

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SB Order 2015 at a glance: India Post

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SB Order 2015 at a glance: India Post Collection of SB Orders released during the period of 2015. Totally 17 nos. of orders were released and given below for your kind reference. View / Download
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Clarification - II on S B Order No. 02/2015 : Eligibility age for opening of Sukanya Samridhi Account

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S B Order No. 15 / 2015 : Clarifications to S B Order No. 12 / 2015 issued in c/w mandatory use/opening of Savings Account in CBS Post Offices

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The objective of letter dated 05.10.2015 was to educate the customers for availing various benefits of post office savings account in CBS Post Office and to develop / maintain relationship with the POSB customers through Savings Account
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SB ORDER NO 12/2015 : MANDATORY USE/OPENING OF SAVINGS ACCOUNT IN CBS POST OFFICES

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SB Order 09/2015 : Premature Closure of POTD Accounts before 6 months - clarification

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It was clarified vide SB Order no 9/2015 dated 07.09.15 that awaiting amendment by MoF(DEA)from Post offices will not allow closure of any TD account opened from date of receipt of this order up to 6 months period from the date of opening of account.
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S B Order No. 8/2015 : Clarification on enhancement of cash handling limit of authorized agents of small savings schemes - reg

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Clarification for refund of default fee

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S B Order No. 08/2015 : Enhancement in cash handling limit of authorized agents of Samll Savings Schemes and commission to Kisan Vikash Patra Scheme - reg

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Cash handling limit of authorized agents increased from Rs.10000/- to Rs. 20000/- Agent's Commission in r/o KVP enhanced from 0.5% to 1% w.e.f. 15.07.2015
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S B Order No. 7 / 2015 - Clarification on different scenarios being faced or likely to be faced by Post offices after implementation of CBS

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SB Order No 4/2015 : Reconciliation Certificate in case of a difference in name of Deceased Depositor / Investor

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SMALL SAVINGS SCHEMES INTEREST RATES wef 01.04.2015

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Addendum to SB Order No. 2/2015 on Sukanya Samriddhi Account (SSA)

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SB Order No.01/2015 : Extension of Public provident Fund ( PPF ) Scheme up to Post Offices with sanctioned strength of 1+1 (double handed Post Office)

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Source :  http://www.indiapost.gov.in/DOP/Pdf/Circulars/SB%20Order_01_Pub_Upload.pdf
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Post Office Savings Bank General (Amendment) Rules 2014

CLICK HERE  to view the MoF (DEA) Notification
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Sukanya Samriddhi Account Rules,2014

CLICK HERE  for Gazette Notification Source : http://www.egazette.nic.in/WriteReadData/2014/161918.pdf
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SB Order No.12/2014 : Re-introduction of sale of Kisan Vikas Patra - procedure

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Source : http://www.indiapost.gov.in/DOP/Pdf/Circulars/SB_Order_12_KVP_email_19112014_Pub_Upload.pdf
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