The subject matter of SB orders issued during the year 2006 to 2014
are furnished infra for reference only. The contents of the SB Orders
issued may be viewed by logging on to the official website of Department
of Posts, India which is
www.indiapost.gov.in.
SB ORDER-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 (1st & 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
SB ORDER-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
SB ORDER-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
SB ORDER-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.
SB ORDER-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
SB ORDER-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.
02/2011- Subject:- Clarifications regarding new procedure prescribed for settlement of deceased claim cases vide SB Order 25/2010.
03/2011- Subject:- Appointment of agents and other agency functions – fresh instructions issued by MOF(DEA) regarding.
04/2011- Subject:- Implementation
of AML/CFT norms in Small Savings Schemes and Remittances in post
offices- carrying out Inspection and its further review regarding.
05/2011- Subject:-
Appointment of agents and other agency functions- issue of
clarifications regarding (Limit of acceptance of cash from SAS
agent(Rs-10000/-)
06/2011- Subject:- Treating the MSY accounts at par with savings accounts and charging of service charge of Rs.20/- per year.
07/2011- 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.
08/2011- Subject:- Payment of deposits/certificates belong to minors- a clarification regarding
09/2011-
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.
10/2011- Subject:- Enhancement of Savings Bank Allowance to Postal Assistants working in Savings Bank Branches.
11/2011- 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.
12/2011-
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
13/2011- Admissibility of interest in PPF(HUF) accounts matured between13.5.2005 to 7.12.2010 -a clarification regarding..
14/2011-
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.
15/2011-
Subject:- Settlement of deceased claim case in respect of Sr. Citizen’s
Savings Scheme account- a clarification regarding
16/2011
Subject:- Grant of Savings Bank Allowance to Postal Assistants working
in Savings Bank/certificate branches- holding of SB Aptitude Test
regarding
17/2011- Subject:- Admissibility of commission to SAS Agents.(on limit of amount of deposit)
18/2011- Subject:- Procedure to be followed during voucher checking by SBCO staff-a clarification regarding.
19/2011-
Subject:- Implementation of AML/CFT norms in Small Savings Schemes- an
external inspection of selected post offices by Min. of Finance
Regarding
20/2011-
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.
21/2011- 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
22/2011- Subject:- Discontinuation of Kisan Vikas Patras w.e.f 1.12.2011.
23/2011-
Subject:- Revision of maturity period and maturity value of 6 years
National Saving Certification (NSC) VIII with effect issue from
1-12-2011.
24/2011-
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.
25/2011-
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.
26/2011- Subject:- Revision of interest rate on balance at credit from Post Office Savings Account with effect from 1-12-2011
27/2011- Subject:-Revision of rate of interest of Time Deposit Account with effect from 1-12-2011
28/2011- Subject: Revision of rate of interest of Recurring Deposit Account with effect from 1-12-2011
29/2011-
Subject:- Revision of rate of commission payable to SAS and MPKBY agent
discontinuance of commission to PPF Agent with effect from 1-12-2011
30/2011- Subject:-Introduction of new schemes called “10 Year National Savings Certificate (IX Issue)” with effect from 1-12-2011
31/2011-
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.
32/2011
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.
33/2011 Subject:- Issue of clarifications regarding premature closure of TD accounts
34/2011 Subject:- Procedure for opening of Savings Accounts of Below Poverty Line (BPL) households
SB Order-2012
1/2012-Subject:-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
2/2012- Subject:-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.
3/2012-Subject:-Release of version 6.6.1 of sanchaya Post software.
4/2012-Subject:-Revision in interest rates of Small savings
Schemes w.e.f.1.4.2012.
5/2012-Subject:-Revision in interest rates of Small savings
Schemes w.e.f.1.4.2012.
6/2012-Subject:-Introduction
of facility of transfer of quarterly interest of Sr.Citizens Savings
Scheme(SCSS) accounts to any bank accounts through ECS-release of ECS
for MIS/SCSS ver 2.5.5 and 3.1.5 by SDC Kolkata.
7/2012-Subject:-Circulation
of notification issued by Min.of Finance(DEA) notifying the changes in
interest rates of different savings schemes effective from
1.4.2012-regarding.
8/2012-Subject:-Settlement of claims where the clamant or near relatives are residing or depositor died in abroad.
9/2012-Subject:-Introduction of the depositor at the time of opening of saving account-a clarification regarding.
10/2012-Subject:-Change in text of column no-2 printed in the Standardized Uniform savings bank Pass Book from page no-2 to 24.
11/2012-Subject:- Measures to be taken for prevention of frauds
12/2012:-Subject:- Revision
in Interest Rates of Small savings Schemes w.e.f.1.4.2012-Interest
tables of Time Deposit Accounts opened on or after 1.4.2012.
13/2012:-Subject:-
Extension of facility of withdrawal of quarterly interest of SCSS
accounts through Money to MIS accounts-regarding
14/2012:-Subject:-
Circulation of Master Circular No-1 on Anti Money
Laundering(AML)/Combating of Financing Terrorism(CFT) norms applicable
for Small Savings Schemes-regarding
15/2012:-Subject:- Problems in Sanchay Post Software in handling Extended Sr. Citizens savings Scheme Accounts.
16/2012:-Subject:- Purchase of National Savings Certificates by an adult on behalf of a minor-a clarification regarding.
17/2012:-Subject:-Applicability
of Section 80C of Income Tax Act on amount invested in 10 years
NSC(IX-issue)-a clarification regarding.
SB Order-2013
1/2013-Subject:-
Amendment in Rule 4A of Post Office savings Account Rules 1981 thereby
allowing deposits other than wages under MGNREGA into workers wage
Accounts.
2/2013-Subject:-Enhancement of limit
for verification of withdrawals from savings accounts made at Extra
Departmental Sub/Branch Post Offices and single handed post offices
regarding.
3/2013-Subject:- Identification of PPF(HUF) accounts and admissibility of interest in such accounts-regarding
4/2013-Subject:- Revision of Interest rates of Small Savings Schemes w.e.f. 1st April-2013
5/2013-Subject:- Change
of mode of dispatch of list of outstation cheques along with cheques
for clearance from Registered to Insured –amendment in Rule-7(9) of
Appendix –I of POSB Manual Volume-I-regarding.
6/2013-Subject:- Acceptance of business from SAS Agents regarding.
7/2013-Subject:- Admissibility of commission on deposits in POTD accounts to GDSBPMs-
8/2013-Subject:- Reduction of preservation period of records under prevention of money laundering (PML) Act-2002 regarding.
9/2013-Subject:- Introduction
of “ Basic savings Account” under Post office savings Accounts
Rule-1981 to facilitate opening of Zero balance Accounts by
beneficiaries of any Government Welfare Scheme-Regarding.
10/2013-Subject:- Deduction
of TDS at the time of payment of quarterly interest from SCSS accounts,
withdrawal from NSS-87 accounts, payment of commission to Agents and
issue of TDS certificate in Form-16A.
11/2013-Subject:- Problems faced by Small Savings Agents.
12/2013-Subject:- Change
in procedure of payment of commission to SAS/MPKBY Agents and PRSG
Leaders in the Post offices to be migrated to Finacle CBS Application.
SB Order-2014
1/2014-Subject:-
Printing of modified Standardized Uniform Savings Bank Pass Books for
CBS post offices and change in text of information printed in the pass
book about small savings schemes.
2/2014-Subject:- Change in some procedures of POSB in the backdrop of implemention of CBS-regarding
3/2014-Subject:- Release of Sanchay Post Version 7'5-regarding'
4/2014-Subject:- Revision in Interest Rates of small Savings Schemes w.e.f. 1"t April 2014.
5/2014-Subject:- Changes in Statutory Rules of POSB in the backdrop of implementation of CBS-regarding
6/2014-Subject:- Acceptance of business from SAS Agents regarding.
