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Showing posts with the label SB orders

Regarding re-investment of maturity value of National (Small) Savings Scheme in the same or in other National (Small) Savings Schemes.

 No.107-01/2020-SB  Government of India  Ministry of Communications  Department of Posts  (F S Division) Dak Bhawan, Sansad Marg, NewDelhi-110001, Dated: 21.06.2021 To, All Head of Circles/Regions Subject: - Regarding re-investment of maturity value of National (Small) Savings Scheme in the same or in other National (Small) Savings Schemes. Sir/Madam, This office is receiving lot of queries/representations from SAS agents regarding re-investment of maturity value of any of the National Savings Schemes for opening/purchase of new account/certificate. To avoid any confusion amongst agents/field units, the competent authority has decided to reiterate the provisions available for re-investment of maturity value of any National (Small) Savings Schemes for opening of new account/purchase of certificate either by account holder directly or through SAS agents. The procedure for reinvestment is given below:-  1. For re-investment of full maturity value or part the...

Time-limit for claims of Travelling Allowance (TA)& Regarding request from various agents/agent associations to allow Investment through withdrawal form (SB-7) under SAS / MPKBY Agency System

 No. 19030/1/2017-E.IV Government of India Ministry of Finance  Department of Expenditure OFFICE MEMORANDUM North Block,  New Delhi  Dated: 15th June, 2021. To, All Ministries and Departments of the Govt. of India etc. as per standard distribution list. Copy to: C&AG and U.P.S.C. etc. as per standard endorsement list. Subject: Time-limit for submission of claims for Travelling Allowance (TA) on Retirement – regarding. The undersigned is directed to refer to this Department’s OM No. 19030/1/2017-EIV dated 13.03.2018 wherein the time limit for submission of claims for TA on Tour/Transfer/Training/ Journey on Retirement was changed from one year to sixty days, succeeding the date of completion of the journey. 2. Several references have been received in this Department regarding extension of time-limit for submission of TA claims in r/o journeys performed by retired employees and their families for going to Home town/place of settlement after retirement as difficult...

Facility available for credit of TD/MIS/SCSS interest in to account holder's PO Savings Account or Bank Account reg.

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No. FS-13/7/2020-FS Government of India  Ministry of Communications  Department of Posts (F.S.Division) Dak Bhawan  New Delhi-110001  Dated: 27.05.2021. To All Head of Circles/Regions, Sub: Facility available for credit of TD/MIS/SCSS interest in to account holder's PO Savings Account or Bank Account reg. Sir/Madam,        I am directed to say that the following modes are available for TD/MIS/SCSS account holders to get their monthly/quarterly/Annual interest:- i) Cash ii) Credit into PO Savings Account iii) Credit into Bank Account (through ECS outward facility) 2. The depositor who is getting interest payment through Cash mode faces following disadvantages: - i) Visit to post office; fill the withdrawal form for each account. ii) If interest amount is not withdrawn on due date, no interest is eligible on such interest amount. 3. To overcome above difficulties and facilitate the account holders, all TD/MIS/SCSS account holders who open new accoun...