F.No.113-01/2011-SB (Vol-I)
‘Government of India
Ministry of Communications & IT
Department of Posts >
Dak Bhawan, Sansad Marg,
New Dethi-110001.
Date: 03.09.2015
To
All Heads of Circles/Regions
‘Addi. Director General, APS, New Delhi.
‘Subject:- Premature Closure of POTD Accounts before 6 months-a clarification regarding.
Sir/Madam,
‘The undersigned is directed to refer to this office letter of even number dated 24.03.2014 (SB
Order No.6/2014) vide which many Small Savings Schemes rules were amended in the backdrop of
implementation of CBS.
2. This office has been receiving references from various circl
POTD Rule 8(a) by some SAS Agents/BPMs to earn undue commission. The competent authority has
reviewed the Rule 8(a) and (aa) of POTD Rules 1981 and decided to refer back the issue to MOF(DEA) for
restoring Rule 8(a) and allowing renewal of POTD Accounts opened in CBS Post Offices from date of
‘maturity without restrictions placed in the the table under POTD Rule 6(3).
regarding mis-use of amended
3. thas been further decided that awaiting amendment by MOF(DEA), Post Offices will not to allow
closure of any TD Account opened from date of receipt of this order up to 6 months period from date of
‘opening of account (except for those TD Accounts which are re-newed automatically in Finacle through
a batch),
This may kindly be circulated to all post offices for guidance and necessary action.
1) 1. DDG (FSVDDG (VIG)JS&FA/DDG (PAF)/DDG (RBYDDG (Estt./DDG(PG & Inspections)’ DDG
(eco)
2) Director (FS)/Director (CBS), Dak Bhawan.
3) Diroctor of Audit (P&T), Delhi.
4) All Directors/Dy. Directors of Accounts, Postal
5) Director, RAKNPA, Ghaziabad.
6) All Directors, Postal Training Centres.
7) Director CEPT Mysore for uploading the SB order on india Post Web Site.
8) Dy. Director CEPT, DMCC/SDC Oo CPMG T.N.Circle for executing necessary changes in Finacle
and Sanchay Post sofwares
9) AD /inspection/PF/Vigilance
10) All Accounts Officers ICO(SB) '
11) All recognized unions.
12) MOF(DEA), NS-lI, North Block, New Delhi
13) Director, NSI, CGO Complex,’A’Wing, 4” Floor, Seminary Hills, Nagpur-440006
44) PS to Member (Banking & HR)
15) PPS to Secretary Posts.