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SB Order No.01 /20tE

F.No.1 13-03/2017-SB
Govemment of India
Ministry of Communlcations
Department of Posts
DakBhawan, Sansad Marq,
New Delhl110001.
Dated: 01 .02.2018

To
All Heads ot Circles/Rogions
Addl. Dlrector General, APS, New Delhi.

Subjece- Amendments in various slatutory rulos of Small Savings Schemes by Ministry of


Finance (DEA) regatding.

Respected Sir / Madam,

The undersigned is directed to enclgse copies ot following Gazette notifications


issued by MOF(DEA)tor information and n€cessary actiont

'1. G.S.R. No. 1237(E) dated 3" October, 2017 amend in the Public Provident Fund
Scheme,1968, in paragraph 3, in sub- paragraph (3), tor the proviso, the tollowing
provosio shall be substituted, namely

subsequently
"Provided that if a resident who opened an account under this scheme'
shall be
becomes a non Resident during the cu.rency oi the maturjt period, the account
deemed to be closed with effeat from the day he becomes a non-resident and interest with
effec-t from that date shall be paid at the rate applicable to the Post Of{ioe Saving Account
up to the last day of th€ month preceding the month in which the account is actually
clos€d'

2. G.S.R. No. 1238 (E) dated 3d October, 2017 make the the following rules further to
(3)'
amend the National Savings Certificate (Vlll-lssue) Rules, 1989 in rule 4, in sub-rule
for the existing proviso shall be subslituted, namely !

having pufchased a certificate' subsequently becomes


' Provided that if a resident lndian
Nonfieeident duting the cutrency of the maturily period, th€ ceftificate shall be encashed
tResident' and
ot deemed to be encashed be encashed on the day he becomes a non
interest shall be paid at the rate applicable to the Post Office Savings Account, from time
-2-

3.. lt is requested to circulate this SB Order along wjth aftached copies of notiflcations to
all post offices. Ngcessary amendments to CBS and Sanchaya Post so$,'ares may be
made.

This issues with the approval of compeient authority

Yours Sincerely,
n
\4V
IL
fifr,',reonat
Assistant Dlreelor (SB-l)
Enclosure:- Copies oi notflcations.
Copy for information & necessary action tot

1) DDG (FSYDDG MG)/JS&FA,/DDG (PAFYDDG (RB)/DDG (ESII')/DDG(PG


& Inspections)/ DDG (PCO)
2 ) Director (Fs)/Dkoctor (CBS), DakBhawan.
3t Director ofAudit (P&T), Delhi
4i Alt Okectors/Dy. DireclorE of Accounts, Postal
5) Director, MKNPA, Ghaziabad.
6) All Diectors, PoslalTraininq Centres
A.ffieclor cePT Mwore for uploading the SB order on India Post Web site
8i Dv. Dlrector CEFT, DMCC/SOC O/o CPMG T.N.CIrcle for taklng up necessary
ciranges in CBS and Sanchaya Post with concernod teanrs urgently'
9) AD llnspection/PFMgilance
10) All Accounts Officers ICO(SB)
11) All recognized unions.
12) MOFIDEA),'eNS-ll, North Block, New D€lhi
t i',lt. oirdctor HOD (Ho),GOl, lvtinistry of Flnance' NSl, ICCW Building, 4 Deen
D€yal Upadhaya l\ilarg. New Delhi-110002
14) PS to Member (Bankng & HR)
1 5) PPS to Secretary Posts.
r
riq.$ e. do W"-::ooa/9s RSGD. NO. D. L-33m4,'99

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ET-T
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EXTRAORDINANY
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PART I!-Sectlor 3--su|}recdon (l]
l1fEqr{ * \rqtfrrd
PTJBI,ISIIED BY AUfIIOX.ITY

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N" Sarf NEw DErg! WTDNESDAY, OCToB

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/70(sr), dr€'q 19 {q{{, 2011, qr.sr.R. 321(a,), drSq 25 qfq 2012. qr.6r.R. 402(i0, nrfrq 25
W, 2013,
qr.F..fr. 224(ql. tq q|4 2014, qr."Fr.R- 492(q),
13 fl-ft6 11 gqif, 2014, €r'.Fr.f. s92(O t"e27
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31 q1{, 201 7 ar{r d{itft-d 1}q qq I

6151Ct201t
C
Z T'I]E GAZETIts OF TNDT4. ; EXTR4.ORDINARY IPART IIJEC.3{i)]
MINTSTRY OF FNI.NCE

D.IErrllenr of E&nonic Attairs


NoTIFICATION
New Dethi, the 3rd O.tober,2017

G.S.R.r235(!j).-II exercise of L!6 powqs confe&d by serio. t5 df rhc covment Sleinss Barl Acr,
lE?3 ( 5 af l8?3), thr. Cennal GorerDnen hereby makes the foitowjng ndes fuirher 10 anend rh€ Senior Citizens
Savinss Schede Rul$, 2004, n!nely:-
l. (1) Thesc dlcs may bo cntled i\e Selio! ciri?e)rs Snings S.heae (Atnendherr) Rotes, 201?.
(2) They sbnlr cone inro force m the dsre oi heir pubticanon ir rhe OIficial caz€re.
?. In th. Senior Cirizen saeirg! Schene Rutes, 2004, in tule 2, in clause (d), in 6ub-clause (i , ill lie $cond
prcviso, foi the rords "irrespective oI the abov. ag. lftif. thE wud! ,,on ariaining thd ale of fifty yc.rs,, snrrl be

lF. No. 1/10/2016,NS.tr1

PRASHAM COYAL, Jr. Secy.

Not :The grirci9at rules *ere p\blbhed ln 1be Glzeft, of lndis, Exhaordjnaly, p{t-II, section 3, sub-lection (i), y,Ze
noiificarid nunber G. S. R. 490{E), daied rhe znd AugBt, 2004 6d subseq@nr1y Nrd.d lide norii.atiotr numb€rs
G,S.R_.706(B), dttld th. 271J1 Oclober, 2004, csR 176(E), dar.d the 2td Ma't,h, 2006, csR 390(E), dated tne
?rth Mry,2!O'1, G.S.R. 639iD, dat€d ine 28tq tdt 2010, C.S.R. ?70(E), dared thc igrh Octobe. t011, G.S.R.321(S),
datcd &e 251h April 2012. c.S.R. 402(E), daied ihe 25ft June 2013, C_SR. 224t8), dalEn h. t3th Mlrch 2014,
c.s.R. 492(E),daEd tle I I rh July, 2014, G.S.F. 592(E) dabd tbe 2?th Juty, 2015, c.s.R. 351(E), d:ted g. zqh Mqch,
m 16, G.S.R. 938(E), dded lhe 30th Seprernb€a 2016 and c.S.R 3 86(E). dabd rhe 3l ! Mdcb. ?017.

qeq{{(
{tR*, s arf{{(, 2017
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{ATSf i'r r+ir f{i 6q (rqq €n qrqfu qFf *{q, 1981 I ett:ilnrt r<+ } ftq ffi<&< ff.{q {qT{t t,

1. (1) F{ffi d{rq'{€{qrEl}s-qr ({i4iEd) li{q, 201?;rFr q(lrrl

{2) } r-qt|'r i Tsr{rc + drffs i i,FI AFil

2. {r$c€dq-rq& sqrFiq-q, +Fi{q 5, sc-F,{q (tl l, sra €t sl.+e.r{({ {I<.q{fFrffi.


ft{r qrqnrl

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win dqe, qT"R'(FE


ftqq: W fiqq ai.Fr.fr. 66a14, ofto 121?€<t, 1gsl, 6\ Tfii*-d ftqr mr qr #{ n-f,.ql.d 1* qi*{q{r €.
sr.{r.R.300(O, +q1qf{, 1982, qr.sr.R 252(3I), +q11 qrd, 1983, sr..6r.fr. s02(q), nrfE a Es€,
1984, qr.6r.1i. 418(4), adiq 10 r{ , 19s5, Tr.6r.fr, i93(30, tlq 12 s-<ar$, 19s6, qr.6r.1}.362{d), fi+q
1 qi-q, i987, Er,6r.f+. 1005(q), nrtq 29 ft{qi 19s7. qr.6r.ti. 3s3(q), (rft{ 18 qr+, 1s88, sr.6r.R. g07(i{),

eE 23 q-i , 1990, (r.6r.F. i91(q), nrtts 27 !d, 1991, qr.Fr.ft. 580(q), {R1q12 Riiq{, 1sol, sr.fi.ft.
C
[qr'] n-€rs 3(i)l ql{n iFT 1lni{t I 3lgFnq

727(q), dr{tq 6 {l,fl.fr. 431(q), nrtE 24 ql-{, i992, fl.ffr.fi. s86(s), tq2ftiifl, i993,
fti!-(, 19s1,
€r.Fr.R. 118(q), df+c I qr{, 1995, qr.Ef.ft. 3(31-), +s 1 q€t,1so€, s.r.{r.fr. a3(aD, nr€F4 15 rff{ft,
2000, sT.6r.R. 151(O, Tr$E 1 qr{,2001, Ff,{r.fi. 159(q), ir+I{ 1 qr*,2oo2, qr.Fr.1i. 174(4), ff8s 1 qri,
2003, qr.6r.1i. 589(q, nrQq 2s gqrq, 2003, sT.4T.ii. 207(3t, +q 13 qt, 2005, qr.6r.ff. 479(q), {iE
25 E{,2008, $r.6r.R. 742({), irt{i 4 aiq{<, 2011, {{.4r.ft. 846(q), tq zsitrd{,201.1, sr.Fr.fr,323(q),
8q 25 q+{, 2012, €r.6r.R. 400(s), nriq 25 {{, qr*, 2014, Fr.6T.R.
2013, sr.6T.fi. 222(q), nr{lq 13
490(3r), +e 11 gdrt, 20j4, sr.6r.ft. 356(i3d FrSq 29 qr*, 2016, sr.fi.R. g41(i1. TR-@ 30 RiiT{, 2016,
qr.fi.fr.51{3{), frc 18 Fn4t, 2017, €t.Fr'.R. 385(a.), nr&E 31 qr$. 2017 Erfi {riFtr< ft< qs I

NOTITICATTON
Ncr Delhi. thc 3rd Ocrobei 20r?

C.S.R.|236 (E).-h
etercise of the powcs confe@d by G.lion 15 of rie covemnDnt S.vings Bank Acl
lE73 ( 5 of 1873), the Certral covemmerr hercbt mekes up fo|owhg nles furrtF! to ltnend fte N.doftl Sdings
Tine D€torit Ru1€s, 1981, namely:

l. (I ) The* ruler may b€ called 1be Narion.l SavinBs Time Delosit (Anendment) Rul*, 201?.
(2) Tley sldl co$e irt{r force d fta date of rtreir publication io 1lte Ofiicial Cazene.
2. In th. Nation.l Savinss Tise Doposir Rules, 1981, i! tute s, in sul.-rde (l). fo. rhe words
..rwo
huftlred,,, ihe
words 'oe hundFd" shaU be subsdtuted,

In No. l/10/2016-NS.Xl
PRASHANT COYAI. Jt, SECY,

Not€ : IrE Principal rules weJe published in the Cazetre of Indi4 Exnnordiry v,zt trolificadoD nunber C.S.R.
664(9, dated ih€ 17th D*Ebd, 1981, ald subsqeDdy end.d
vi.tc noriiarion numbes: - C.S.R_ loO(E), daied
llc 1!r April, 1982, C.S.R 257tE), dated fte 11rh March, 1983, da1e.l tle 9tt Jnty, 19E4, c.s.R. 418(E).
c.S.R.502(E),
drned thc 101b May, 1985, G.S'R. 193(E), dared ihe t2ih Febru€ry, 1986, G.S.R.352(E), daled the lsr Apd, r98?,
G.S.R. 1005{E), daed rhe 23rd D€cenbd, 1987, C.S.R. 353(E). dalcd the 18itr Malch, 1988, c.s.R 507(E), dated the
23d May. 1990, C.s.R. l9l@), ilared lhc ?7th Md.t, 199r, c.S.R. 580(D, dared thel}n S.ptemb€r, 1991, C_S.R.
727(a), dacn tE 6th De!€mbef. r 991, G.S R. 43 (E), d&!ed Oe 2,1th Ap.il, 1992, G.S.IL 586(E), datcd the 2nd
ScpGmbcr. 1993, G.S.R. rl8{E), .laled rhc 8th Mnct, 1995. c.S.R. 3(E), dared the tst J@truy.t99g, G.S.R. 43(E),
dar.d the l5tl January. 2000, G.S.R. 151@), daled tl]e lst Mdch. 2001, G.S_R. 159(9, da1ed the tst Mdch, 2002,
G.S.R l'74{E), d.red the ist M6rch,2003, G S.R 589(D, dated rhe 25rh Ju]y,2003, G.S.R. 287{E), datei [E 13llr Man
2005, G S.R. 479(E), ddted fte 26dr tune. 2008, c.S.R. ?.12{E), dated ttre 4ih octobei, 2011, o.s.R.846(E), dai.d rho
25th Novcrhber, 20ll, G.S R. 323(E), daled rlp 25th Aprit, 2012. G.S.R. 400 ( E), dared d@ 25th Juq 2013. c_s.R.
222( E), daFd tta 13& Muctr, 2014, G.s-R. 490(E), dd.d tbe llth July, 2014, c.s_R. 356 (E) da|ed ljle 29t! Msch,
2016, GS.R. 941(E). dated t]rc afth Seprember, 2016, c.S.R. 5l(E), dated &c lSrb J&!sry, 2017 ad C.S.R 385(E),
tb1€d the 31st Marh, 2017,

cftW-{T
n€ A!6ff, 3 q'qq-.. 2017

qlrr.F, 1237(q),--ffiq' {.fi-{, +{ tfrtc Rft 3{&fi-aq, 1968 i1968 sT 23) 6 q-r1r 3 ERr cr<
clfit'fi Er cqtr i gq qa-{dra +6 qtrq Ft& #c. 1968 t f,nrr{ F+ * f{q ffRftfr4 {iqq fir6 t,

1. (1) Ei r*q {r rii}F irq q}f qAEo fift Fiefr{n) 6q, 20i 7 tl
(2) + rrgc.{ + aqi F6Rrn 4i arQv $ rga {nr
THE GAZETTE OF IND]A ; EXTRAORDINARY IPART II_SEC, 3(']
,'+*r€*"t4"'1

{tg frsfi dl{ ffqf* fui (q ffiq + q*a qRr +qf qr riqqrir €Fr fr qftqs4{T + c<fu } <hm rq qffi.
d qrdr t fr T6 le]Tr ss qk' + sFffifr ai + ft-{ + dE F.{sT flw *R sfr B]sq{ qqe crt r< ss cG }
qtfut Pt, ffi stRA6 69 + 3_€rr emr iis Eqr t, t eqlr qr E{q FT Tqnrr fd_qr qrginl

116r. d. 1/1 0,20 16-q4'q-4

wi{fi-{{,stffsRq
€qqr W R{q Fr.6i.F. 1196, df$s 15 W, 196s, il F{r1}r{ fitqr qqr qr dR -ic{q]( r+ q&{{iI
ri sr.Ff.F. 36€(q), {.e.E 1 alrrR, 1972, Tfi.6r.ff.217(3r), €:q I q.rd,1S79, {|.fi.F.271(O, ifl-{tE
16 q1d,1983, Ifr.rr.Fr. 54(3r), nr{-q 7 E {ft, 1984, qr.6r.fi. s9s(3t, nrfre 23 qn, 19s6, sr.sr.fi. 1013(ai),

drfld20 3l|rq, 1986, qr.6r.Fi.7s3(:I), ts 29 qirR, 1s89, rr.*r.R 4719, orgr* 26 r{,1994, st.fl..fi. 4sq4,
nr'ftE 6 {qr"€,1999, Ifr.dr.fr. 906(s), {I0€ 6 fdrisr, 2000, Fi.$r.F. 67s(iD, nr€lq 4 qfi{., 2002. qr.sT.R.
768(q), nrtE 15 l-.ifi, 2002, qr.Fr,R. 585(ar), irilE 25 {ETi, 2003, sr.6r,fi. 690({), n,I+c
27 aFiln, 2003, qr.flfi. 755(s), iirse 19 Tii.{, 2004, qr.Fr..R. 291(00, nr+@ 13 € 2005, qr.6r.fr. 956{3{),
Fr+s 7 fi'{id{,2010, sT.4r.Fr, S44(3r), ftc25 iriq(,2011, q|.Fr.iA,225(q), rrsq 13 cr{,2014, qr.fl.fi.
496(s), (roq 11 Errt, fl.Fr.R, 58s(i0, ff{ie 13 arinn, 2014, sr.Tr'.R. 3s0(q) n+ri 29 {l-*, 2016,
2014,
qf.Fr.ff. 940(ir), frrftq 30 Riiq{, 2016 a er.r;r.ff. 388(<1ar{ie31 qr{,
2017 qw dfrA-d Gc rcl

NOTII'ICATION
Nev Dclbi, the 3rd Ocrobei 2017

G.S.R.rB7 @).-In cxftise of the lowes corJneil by senon 3 of the public provid€nt F\rad Act, 1968 ( 23
of 1968) , the CeDunl Coverlllen! l@by nakes rhe following Scnene nnrher to rmen t lhe publjc proyident Fund
Schene, 1968, !acl]: -

l. (1)'llEreSchenemaybeca]tedrhePublicProvidenrFInd(Anendnedt)Schene.20U.

(2) Thcy sliU c(rc inro force on the d.te of thej. pubtication in the Otriciat Ceene
2. In $e Public Providerl Ftbd Schetue. 1968, il paragraph 3. jr sub,paragraph {3), fd thc l'ovBo, rE
fouoring provfto sha]] b. subsritur€d, Mmely:

"Provided lhat if a rc'sided who opencd m @ou!! udcr rhis shd€, slbsequendy becoms a rotr R.sitclt
duing 6e chncy of lhe mlurity period, fte &@un1 lhalt be debed to be closed with effe.t f.m lhe day he
b@(rcs ,. rersid.ri dd inraesr Nidr.ficcl tron lllar d&E shall bc laid ,i tre r.te dpplicable ro rbe post Offi.e
Slving Accounl up to the lasr .by of *l€ molth pre.€dilg the nonth io which tle account is rclually closed,'.

lE No. Vl0/2016-NS.[]
PRASIT{NT COYALT J1, SE'Y.

No& : The Prjncipal Sclene was publbhed in ttre c6Ene of India vide lorjiiclrion nnber c.S.R. 1136, dated the
15th June,1968 and subsequendy amelded !'ide notificadon lunbe C.S.R.368(E), daled rhe lsr Augut,1972, c.S.R.
217(E), d.red thc 9th Meh,19?9, c.s.R. 271(E). dated rhc 16th Marcb,1983, c.s.R. 54(E). da€d &€ 7th Fe!flary,
1984, C.S,R. 895(E), dat€d rhe 23rd Jue,t986, c.S.R. l0l3(E). daied rhe 20lr Argusr,1986, C.S.R. ?93G), da&d rhe
29rh Augut, 1989, G.S.R. 4t71E), rtated i\e 26th May,1994, c.S.R. :189(E), dded tbe 6rh Ju1y,1999, c.S.R. 908(E),
(

TIIE GAZE|IE OF INDIA TEXTMORDINARY tPARr I!-SEc. 3(i)l


NOTIflCATION
Ncw O.lti. rie lrd Ocr\ffi. r0r'l
G.S.R. 1238 @).-In erercis. of (be !.*ers cod.red by sedior 12 of &€ Covemtunt Savingr Cedrficab
Act, 1959 ( 46 of 1959). rhc Cendal Gore'meDr ndeby hlkes ile following rules tu(her to ar(cnd rhc Nrtional
Sa vues Cenifi@ld l.UI.lssue, Rule<. I98S. nMely. -
1. (l) Th$en']as niay be caildd tbe Nltional Savings Certificite (vltr,Iss e) (AmndneD, Rrles,2017-
(2) ftey shall cone into force on the date of thej! f,ublication iD rhe Official caret!..
2. In tlre National Savings Cdrificrlc (vu-Isu.) &rles, i989, in hild 4, in sub-n{c (3). fo. r,lc crdsdng prodao
U€ lo owinS ploviso shdu be substituted. Dlmclrr

"Provided th.t if a i€siden. Indian haviDS puchased a cdtilicate, sDbseqrently be.ones NoD-R.sideDi dulng lbe
cwency ofihe islnniry F€riod, fte cenjic{te shall te en askd or deemed 10 be elcaslEd be ercasbed on the day he
b€con$ t noGRsiderl and alt i(.qr shs.li b€ paid at rle Dte a?plicabl€ ro tb€ Posr Oftce SavinSs Accoun, &@
rnIE to .ime, frorn such .lay ard upi,o &e last day of rhe nonrh peeding rhe moro in whicb it is dcrlall €ncshed'
tF. No. 1/10n0lGNS.[]
?RASHANI GOYA!, Jt. S€Y,
Nole ! Thc principil rul4 wer publishe.C in tbe cae$e of Indir, Extralrdi&ry, p!]t-Il, S@tior 3, rub"sectio (i), rtlt
rctification lurlber G.S.R. 496(E), dated rhe lsr May' 1919 and rubseqlenrly &nelded vid, lod8cntiou nusbers:
G.S.R.508(E), .lar€d rhe 23!d May, 1990, G_S.R_ 12(E), daI.d lhe 8rh Maictr, 1995. G.S.R. 7(E),.laied the 1!rja.!!rrl,
1999, G.S.R. 491(E), dai.d rh. Ah July, 1S99, G.S.R. 4?(E), dared tie t5th Juu{y. 2000, C.S.R. 156(E), dard {le
lst Mnch, 2001. G.S.R. 572(E), .lared fte 2nd Auglst" 2001, C.S.R. | 63(E), daGd $e 1ir Md.h, 2002. A.S.t. ?11(E),
<bred rhe 17th ocrober, 2002, O.S.R. 179(E). dated the 1st Mdch, 2003, c.s.R. 590(E), dlted rhe allh Jrly. 2003,
G.S.R. 591(E), dand |he 25th Julr,2C)03, C.S.R. 820(E), dated the 16ft OctoDer. 2003, c.S.R.289(E), dsled r.he
13ih May,2005, C.S.R. 7,14(E). d.ted rlle 4th Odober,2011, c.SR. 842(E), darld r)E 25ri Noveinbef, 2011,
C.S.R. 318(E), dared riE 25dr Apri1, 2012, c.S.R. 39?(E), dalrd rhe 25rh June, ?A13. c.S.R. A6(E), dared rhe
l3tl' M.rcb, 2014, Gs.R 494(E), dated r,he 1l r'r July, 2014, G.s.R 354€), dated the 2
Meh,2oi6, G.s.R.944tE) dlled
tho 3O1h Sefleidbd,2016, GSR. J4(E) dared the t Srb Jduaiy,20t7 and C.S.t. 38?(El. dared tbe 3tsr Mmh,201?.

{q(l'fi
{€ R€ff, 3 in-aq{, 2017

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NOTIIICATION
New Dc{ln. rhr ld Ooober, ?0t7
c.S.tr" r2J9 rEr._tn exftise or dre noD
rsrr 5 or r8ir.o'e;;!'" L""".1',ii"11T:' ::":ed b) cenon r'or Lhe co\edmn, s'viDss aad Ac,.
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Salijss (Monrhlv lncome .
housardnve hundLed,,tbew;(rs;#"il;ff"r.",1ii,:."1,;.1e8?, in rujc5, in sub_rurc I, fdrheeolds..orc

tF. No. VtomlGNs.r!


PRASHANT G.YAL, It. sett.
: The ldrcilal tules were pubr*hed
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" ",."*.,,*i"",*.':iHlnfl,Hl;,i:j?;"";:i#f ;ff, "

RAKESH

uo'*o'o"M SUKUL
.,, *'f''''"-'^
snd p ,b khed oy oe cobtrorn o, p"at,;i,i,i'n.d:ii66i.
SB Order No. 02/2018

F.No.1 '13-03/2017-SB
Government of lndia
Ministry of Communications
Department of Posts
DakBhawan, Sansad Marg,
New Delhi-1 10001 .
Dated: 09.03.2018
To,
All Heads of Circles/Regions
Addl. Director General, APS, New Delhi.

Subject:- Public Provident Fund (PPF) accounts held by Non-Residenlregarding

Respected Sir / Madam,

The undersigned is directed to refer to this office SB Order No. 01/2018


dated 01.02.2018 regarding amendment in PPF Scheme, 1968. As per the said
order if a resident who opened an account under this scheme subsequently
becomes a non resident during the currency of the maturity period, the account
shall be deemed to be closed with effect from the day he becomes a non- resident.
The said SB Order was issued based on the DEA/MoF Notification GSR No.
1237 (E) dated 03. 1 0.201 7.

2. Now, vide their No. 01/'10/2016-NS daled 231212018 (copy enclosed),


DEA/MoF have kept their afore said Notification GSR No. 1237(E) dated
03.10.2017 in abeyance until further order in this regard.

3. Accordingly, the orders/instructions issued vide SB Order No. 01/2018 dated


01.02.2018 are kept in abeyance until further orders,

Contd/
-2-

4. lt is requested to circulate this to all concerned immediately for necessary


action accprdingly.

This issues with the approval of competent authority.

Yours Sincerely,

L Meena)
Assistant Di r (SB-l)
Enclosure:- Copies of notiflcations.
Copy for information & necessary action to:-

1) DDG (FSyDDG (VlG)/JS&FtuDDG (PAFyDDG (RByDDG (Estt.)/DDG(PG


& lnspections)/ DDG (PCO)
2 ) Director (FS)/D|rector (CBS), DakBhawan.
3) Director 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 lndia Post Web Site.
8) Dy. Director CEPT, DMCC/SDC O/o CPMG T.N.Circle
9) AD /lnspection/PFA/igilance
10) All Accounts Officers ICO(SB)
11) All recognized unions.
12) MOF(DEA), NS-ll, North Block, New Delhi
13)Jt.Director & HOD (HO),GOI, Ministry of Finance, NSl, ICCW Building' 4
Deen Dayal Upadhaya Marg, New Delhi -1 10002.
14) PS to Member (Banking & HR)
15) PPS to Secretary Posts.
I.\ rrl lrl .,ll{,-\\
'.l .t lr -,.-
r,: l:: t, L : , \,
'1t,lr', 1.t,, \:
i:

QilstStcnonr&rm
$rbJ** Prb*r Ptsidt*t fua lppp;..*orltr }cld by ilu* tei&*r-rqrsdlr8

{2"**.9,,J
\g.l
ll'

i ii'

'lo
r!f' Thc t), GertsE! AfmasrrfButking)
-Rs*t Bsrkof lndis
helic tlth o& foa Eax lilo. t 5
Dr, RatrmmfuBio Xs{d. eiril Lints
!.Iqtrr-4{ml"
)
2. SlEi SdiB Kids:e
B. DittsffiGildsal{fS}
DcDsffiofPoem
D*. Bbwao= Sassd l{ag
Nar Dc&i.
SB Order No. 03 /2018

F.No.1 13-01/2017-SB
Government of lndia
Ministry of Communications
Department of Posts
DakBhawan, Sansad Marg,
New Delhi-1 10001 .
Dated: 12.03.2018

To,
All Heads of Circles/Regions
Addl. Director General, APS, New Delhi.

Su bject:-Prevention of Frauds

Respected Sir / Madam,

The undersigned is directed to refer to the Sr. DDG & CVO, Department of
Posts,Dak Bhawan, New Delhi, D.O. No.4-102MB-08/20'17-lnv dated '16.02.2018
addressed to the Circles, with copy marked to this Division and to say that various
guidelines/orders/instructions as well as SB Order have been issued to the Circles
from this end from time to time to ensure preventive vigilance in POSB/CBS for
prevention/early detection of Frauds. lt is once again requested to take up it as a
very important issue & to ensure necessary action in this regard. Vigilance Dn.has
given special emphasis on the following points:-

A The PMLA alert are important & action thereon should be taken very
attentively & carefully at field level.

B The 100% verification of SB transaction should be invariably done through


MIS server by SBCO as prescribed.

Contd/... .
-2-

2. lt is requested to circulate this to all concerned immediately for necessary


action accprdingly.

This issues with the approval of competent authority.

Yours Sincerely,

eena)
Assistant irector (sB-r)
Copy for information & necessary action to:-

1) DDG (FSyDDG (vlGyJS&FA/DDG (PAFyDDG (RByDDG (Estt.)/DDG(PG


& lnspections)/ DDG (PCO)
2 ) Director (Fs)/Director (CBS), DakBhawan.
3) Director 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 uploadlng the SB order on lndia Post Web Site.
8) Dy. Director CEPT, DMCC/SDC O/o CPMG T.N.Circle
9) AD /lnspection/PFA/igilance
10) All Accounts Officers ICO(SB)
1 1) All recognized unions.
12) MOF(DEA), NS-ll, North Block, New Delhi
'13)Jt.Director & HOD (HO),GOI, Ministry of Finance, NSl, ICCW Building' 4
Deen Dayal Upadhaya Marg, New Delhi -'1 10002.
14) PS to Member (Banking & HR)
15) PPS to Secretary Posts.
SB Order No. 04/2018

F.No 1'13-03/20'17-SB
Govt. of lndia
Ministry of Communication
Department of Posts
(F.S. Division)
Dak Bhawan, New Delhi-110001
Dated: 28.03.2018
To,

All Head of Circles/Regions


Addl. Director General, APS, New Delhi

Subject ; Revision of interest rates for Small Savings Schemes.

Sir/Madam,

The undersigned is directed to say that vide their OM No. 01/04/2016-NS dated
28.03 2018, the Ministry of Finance, Department of Economic Affairs (Budget Division), New
Delhi have informed that the rate of interest on various small savings schemes for the first
quarter of financial year 2018-19 starting l"tApril, 2018 shall remain unchanged from those
notified for the fourth quarter of financial year 2017-18.

2.This is for information & necessary action by all concerned.

3.This issues with the approval of Competent Authority.

Your faithfully

MT
(KdFatet)
Assistant Director (SB-ll)

Copy to:-

1) DDG (FSyDDG (vlcyJs&FAJDDG (PAFyDDG (RByDDG (Esu.)/DDG(pG &


lnspections)/ DDG (PCOyDDG(T)
2 Director (FS)/Director (CBS), Dak Bhawan.
3 Director 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 GEPT Mysore for uploading the SB order on lndia Post Web Site.
I Dy. Director CEPT, DMCC/SDC O/o CPMG T.N.Circle.
I AD /l nspection/PFlVi gilance
l0)All Accounts Officers ICO(SB)
11) All recognized unions.
12) MOF(DEA), NS-ll, North Block, New Delhi
13) Jt.Director & HOD (HO),GO|, Ministry of Finance, NSl, ICCW Building,4 Deen
Dayal Upadhaya Marg, New Delhi -1 10002
14) PS to Member (Banking ).
15) PPS to Secretary Posts.
16) PS to Member (T).
SB OROER No. 16/2017

F. No. 113-03/2017-SB
Government of lndia
Ministry of Communication
Department of Posts
(F.S. Division)
Dak Bhawan, New Delhi
Dated: 28/03/2018
ADDENDUM.II
To

All Heads of Circles


Addl. Director General, ApS, New Dethi

Subject- lnclusion ofAadhaar in respect of Small Savings Schemes- regarding

Sir/Madam,

The undersigned is direcled to refer to this office ADDENDUM-l in connection with SB Order No.
l6/2017, issued vide
this omce letter of even number dated 04.01.20'18, on the subject vide which the depositor was requlred
to submit Aadhaar
number at the time of opening of accounupurchasing of certificates and every depositor who has not given
his/her Aadhaar
number at the time of application for such depositor was to submit his Aadhaar number on or before
31"r March. 2018

2. Now in pursuance of the DEA,/ MoF letter No. O1/03/201s-NS date d 27.O3.2OIB, it has been decided to enend the tast
date for submission of'Aadhaar' number from 31"t March, 201g until further orders.

3. lt is requested to circulate the above instructions to all concerned

4. This issues with approval of Competent Authority.

Copy for information & necessary action to:-


fui:
Asslstant Dlrector (SB-ll)

1.D^DG(FS)/DDG(V]c)/JS&FjlDDG(pAF/DOG(RByODG(Estr.)/DDG(pc&tnsp/DDG (pco)
2. Director (Tech) O/o Pr. CPMG T..N Circte.
3. Director (FS)/Director (CBS), Dak Bhawan.
4. Direclor ofAudit (P&T), Delhi.
5. All DirectorvDy. Oirectors of Accounts, postal
6. Director, Postal Staff Coltege, Ghaziabad.
7. All Oirectors, Postal Training Centres.
8. Director CEPT Mysore for uptoading the SB order on tndia post Web Site.
9. Dy.Director (CEPT) Chennai O/O CpMG T.N.Circte, Chennai.
10 ADG(CBS)
11. oy.Manager FSI &RSt (CEPT)O/O CPMG T N Circte Chennai
12. AO /lnspection/PF /igilance
13. All Accounts Officers ICO(SB)
14. All recognized unions.
15. MOF(DEA), NS- , North Btock, New Dethi. w.r.t. oM No. o1/03/2015-NS Dated 27.03.2018 for information
16. Jt.oir^e-cJor & HoD (Ho),Gor, Ministry of Finance, Nsr, rccw Buirding, 4 Deen Dayar upadhaya tr,rarg, New
Delhi -1 10002.
17. PS to Member (T)
'18. ST.PPS to Secretary posts
SB Order No. 05 /2018

F. No.113-02/20'l 5-SB
Government of lndia
Ministry of Communications
Department of Posts
Dak Bhawan, Sansad Marg,
New Delhi-1 10001 .
Dated: 02 .04.2018
To,
All Heads of Circles/Regions
Addl. Director General, APS, New Delhi.

Subject:- Mandatory use of Savings Account for credit of maturity/premature value of


various POSB Schemes & monthly/quarterly/yearly interest in case of MIS/SCSS/TD
accounts and investments -regarding.

Respected Sir/Madam,

The undersigried is directed to inform that the orders issued vide this office
SB Order No 15/2017 dated 06. 10.201 7 ( issued vide this office letter of even
number dated 06.10.201 7 ) as well as the related addendums to the said SB
order issued vide this office letters of even number daled 07.12.2017, 14.12. 2017
& 12.01 .2018, are hereby withdrawn. This implies that the existing
system/provisions will continue & there would not be any compulsory requirement
of payment of interest & maturity proceeds through Savings Accounts

Contd/... .....
-2-

2. lt is requested to circulate this to all concerned immediately for necessary


action accordingly.

This issues with the approval of Competent Authority.

Yours Sincerely,

L Meena)
Assistant Director (SB-l)
Copy for information & necessary action to:-

1) DDG (FSyDDG (VlGyJS&FA/DDG (PAFyDDG (RB/DDG (Estt.)/DDG(PG


& lnspections)/ DDG (PCO)
2 ) Director (FS)/D|rector (CBS), DakBhawan.
3) Director 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 lndia Post Web Site.
8) Dy. Director CEPT, DMCC/SDC O/o CPMG T.N.Circle
9) AD /lnspection/PFA/igilance
'10) All Accounts Officers ICO(SB)
1 1) All recognized unions.
12) MOF(DEA), NS-ll, North Block, New Delhi, in persuance DEA OM No.
1/3/20'1 7-NS dated 23.03.20'1 8.
13)Jt.Director & HOD (HO),GOl, Ministry of Finance, NSl, ICCW Building, 4
Deen Dayal Upadhaya Marg, New Delhi -1 '10002.
14) PS to Member (Banking & HR)
15) PPS to Secretary Posts.
SB Order No' 06/2018

F.No.32-011201 7-SB
Government of India
Ministry of Communications
Department of Posts
Dak Bhawoh, Sansad Marg,
New Delhi-1 10001.
Dated: 28.05.2018

To,
All Heads of Gircles/Regions
Addl. Director General, APS, New Delhi'
subject:-Regularisation of PPF accounts opened in Joint names

Respected Sir / Madam,


dated 07'05
The undersigned is directed to say that vide their oM No. 3/1/2016'NS
Affairs (Budget Division), New
2018, the Ministry of Fin"n.", Department of Economic a PPF
p"i tn" Public Provident Fund Scheme, 1968,
Dethi have intormeoin.t in"
"i
.r"ornt can not Oe openeO in joint names, i.e. in the names of more than one
individual. Ministry of Finance his been receiving references
from various Banks
opened in joint
and Post offices r""ring t"gularization of irregular PfF accounts
afresh and decided
capacity. The matter haJ6een examilg! in Ministry.of Finance
that ail the instituiionr io"pt of Posts/Agency Banks) may unde{ake 1 one-time
of the
to identify-ipi accounts opene-d in loint ca.pacity in contravention
"r,"r"ir"
;;;d-r;;l ti"'$.6"me and tgn,.nio a consotidated proposal for regularization of
all such pPf account, op"n"d by various Accounts Olficgs (Pqs1joint Offices/Bank
accounts
eiln;h"sl under them to DEA/ tU6f Oy Augus! 30., 2018. All suchaccounts in the
shall be considereJior regula1zation uy converting them into single
required
name of one of tfre pint s-ubscribers. Binks/Department of Posts
are also
bt joint subscribers in respect of
to indicate in theiriroposals the name of one ttre
each such account, in whose name the account may be regularized.

The circles are accordingly requested to launch special drives for


the purpgsg
2.
lo iUentify ppr accorii iir joint gapacity, if any a.J:ry{- a detailed
"p,it'.0
consolidateO proposal for the whole oi me Ciicte, for sending the s?me onward to
up it on Priority &
DEA/MoF seerinjiegui.tit"tion. Circles are requested to take
to ,"nd- thEir consolidated proposat s9 ..as to reachDEA/MoF this office by
giSZ]2Of g, so that this office may compiE & send the same to
"i,6ng" by the
such joint accounts for
due date, i,e. go.0g,zorg. Trre oEffMoF would consider joint
of the
regulirization oy cinu"tting them into single account in the name of one
proposal as Jo in whole
subscribers. lt should, therifore be indicited clearly in the
name( tor amongpi'tn" joint subscribers) the aCcount is to be made single
&
regularized.
CentrcforExcefbnffi
Tccfu olqy,&l yrora5700 | 0

3| l'{AY mffi

u.it|. $ilecti.lc
v
A. D.iJ+|
-2-

3. lt may kindly be noted that no request for regularization in such cases shall be
entertainei aftei the said deadline & responsibility would lie on the concerned
Circle on account of any additional obligation arising out of court cases or otherwise
for opening of such irregular PPF accounts.

This issues with the approval of competent authority.

Yours SincerelY,
A

W
il

K L Meena)
Assistant Director (SB-l)
Copy for information & necessary ac'tion to:-

1) DDG (FsyDDG (vlGyJs&FA/DDG (PAFyDDG (RByDDG (Estt./DDG(PG


& Inspections)/ DDG (PCO)
2) Director (Fs)/Director (CBS), DakBhawan.
3) Director of Audit (P&T), Delhi.
4) All Directors/Dy. Directors of Accounts, Postal
5) Director, RAKNPA, Ghaziabad.
6) All Directors, PostalTraining Centres.
7i Director CEPT Mysore for uploading the S! 9rde1on.India Post Web Site.
gi Oy. Director CEPT, DMCC/SDC O/o CPMG T.N.Circle
9) AD /l nspection/PFA/igilance
1b) All Accounts Officers ICO(SB)
1 1)All recognized unigns.
12) MOF(DEA), NS-ll, North Blqck, New Delhi
lgiJt.Director & HoD (Ho),Gol, Ministry of Finance, Nsl, fCCW Building, 4
Deen Dayal Upadhaya Marg, New Delhi -1 10002.
14) PS to Member (Banking & HR)
15) PPS to Secretary Posts.
SB Order No 0712018

F.No 79-01/2016-SB
Government o{ lndia
Ministry o{ Communications
DePartment of Posts
Marg'
DakBhawan, Sansad
New Delhr-'1 1000'1
Date: 29 '06 2018

To
All Heads of Circles/Regions
invested in sr citizen savinss

i::;:::::rlH': )il:"il'"''"' citizens who have

Scheme regarding'

'""11"'1"'"0.'::*.:::'flil"Jifl""lii:siimi1f ;i'i:."1fl':i't;Ju""ii::
Finance
Tax Act 1961 through
3 of Section'194A:-

tj:::'ii:,,"'*.'#',g".i",l{i:;):,,,ii:i:!"ii!iii#:!:::':#:f
"ten thousand ruPee!
|;!i:,
Exp,anation -Fo ,,1':,rrir}; f',{i'ln;i;;;":':: ,:i:',;::;':,,;: {"iil:;i;"
resident in lndia wn
pr.riout y""';l
'r'"'t"f,-"|ni
icable on the total
aggregated
now TDS will not be "t:':"':;
2. With this amendment' *"""""
all SCSS Account
i'n"n"''f year payable in case of
", "" ""t"
interest income
t *"''o'ooo'--'n " (who attained age of 60
years
'o t;;;" ;n" of 60 years and above
senior citizens will not be
opened bv
t'" However' this limit
anytime during tt'e
p'e'ious;;;;'"' 'ot'-'otB) under the
'""' who had opened SCSS Accounts
i""o'nt holders
applicable to those who attained the age of
55
'"" t"tt *'tt" for (i) individuals
relevant provisio"" "' "'tio on superannuation or (ii) Personnel of
than 60 years and retired
years or more but less age of 60 yearg
Delence EmPloyees) and not attained
Defence Services t"*''Ot"n 'i""' current limit of
"*'i"n
i" 2017-18) For such account holders'
during previous financial
Rs.1O,OOO/' shall continue'
Rules relating to submission of Form 15G (by those who are below the age of
60
3.
Years) and 15H (who are of 60 Years or more age) are not changed However' due to change
of tax exeption limits for certain categories, Formlsc or 1sH can be accepted if total
interest payable in a Financial Year of all scss Accounts of an individual scss account

holder is within the Exemption Limit mentioned below:-

lndividual Type Form Type Age lncome


Exemption Limit

Below 60
Individual l5u 2,50,000
years

Senior Citizen (lndividual) 15H 60-80 years 3,00,000

Super Senior Citizen 80 years


15H 5,00,000
(lndividual) above

4. requested to circulate this amendment to the concerned staff for information and
lt is
necessary action. Necessary changes in CBS and Sanchaya Post applications are being
carriod out to implement the same in CBS Post Offices.

This issues with the approval of competent authority.

Yo faithful

eena)
Assistant Dire r (SB-l)
Copy to:-

1) 1 . oDG (FSYDDG (V|G)/JS&FA/DDG (PAFyDDG (RByoDG (Estt')/DDG(PG &


lnspections)/ DOG (PCO)
2 Director (FS)iDirector (CBS), Oak Bhawan.
3 Director of Audit (P&T), Delhi.
4 All Directors/Dy. Directors of Accounts, Postal
Oirector, RAKNPA, Ghaziabad.
6 All Oirectors, Postal Training Centres.
7 Director CEPT Mysore for uploading the SB order on lndia Post Web Site
I Dy. Oirector CEPT, OMCC/SDC O/o CPMG T.N.Circle for initiating necessary changes
in CBS as well as Sanchaya Post Applications.
9) AD /lnspection/PF/Vig ilance
10) All Accounts Officers ICO(SB)
11) All recog nized unions.
12) MOF(DEA), NS-ll, North Block, New Delhi
13) Director, NSl, cco complex,'A'wing, 4'h Floor, Seminary Hills, Nagpur.440006
14) PS to Member (Banking & HR) 15. PPS to Secretary Posts.
SB Order No. 08/2018

F.No 113-03/20f 7-SB


Govt. of India
Mi nistry of Communication
Department of Posts
(F.S. Division)
Dak Bhawan, New Delhi-110001
Dated: 02.07.2018
To,

All Head of Circles/Regions


Addl. Director General, ApS, New Delhi

subject ; Revision of interest rates for smail savings Schemes.

Sir/Madam,

The undersigned is directed to say that vide their oM No. 01/04/2016-NS dated
02.07
2018, the Ministry of Finance, Department of Economic Affairs (Budget Division), New Delhi
have
informed that the rate of interest on various small savings schemes for the second quarter
of
financial year 2018-19 starting'1't July,201B and ending on 30th September,20lg
shall remain
unchanged from those notified for the first quarter of financial year 2018-19.

2.This is for information & necessary action by all concerned.

3.This issues with the approval of Competent Authoritv.

Your faithfullv

, &Aff"
Assistant Director (SB-ll)
Copy to:-

1) DDG (FS)/DDG (VIG)/JS&FA/DDG (PAF)/DDG (RB)/DDG (Estt.)/DDG(PG &


Inspections)/ DDG (pCO)/DDG(T)
2) Director (FS)/D|rector (CBS), Dak Bhawan.
3) Director of Audit (p&T), Dethi.
ll5) All Directors/Dy. Directors of Accounts(postal)
Director, RAKNPA, Ghaziabad.
6) All Directors, Postat Training Centres.
7) Director GEPT Mysore for uploading the sB order on India post web site.
8) Dy. Director CEPT, DMCC/SDC O/o CpMG, T.N.Circle, Ghennai.
9) AD Inspection/PFA/igilance
10) All Accounts Officers |CO(SB)
11) All recognized unions.
12) MOF(DEA), NS-lt, North Btock, New Delhi
13) Jt.Director & HO.D (He),GOl, Ministry of Finance, NSl, ICCW Building, 4 Deen Dayal
Upadhaya Marg, New Delhi -110002
14) PS to Member (Banking ).
15) PPS to Secretary posts.
16) PS to Member (Tech).

rechnotogy, rui.Jil'izoor o

05 ,il'r 20fg

A.D.1ar
SB Order No. 09 /2018

F No. 116-17/2017-SB
Government of lndia
It/inistry of Communications & lT
Department of Posts
DakBhawan, Sansad Marg,
New Delhi-1 '10001 .
Date: 17 .O7 .2018
To
All Heads of Circles
Addl. DG APS, New Delhi
All Heads of Regions.
Subject:- Circulation of POSB (CBS) Manual IStandard Operating Procedure (SOP)] for
operation of POSB schemes in Core Banking Solution (CBS) platform.

Sir / Madam,
I am directed to say that lmplementation of CBS platform for operating POSB
Schemes was started in December 2013 and now CBS has been implemented in 23557
Post Offices. From the year 2014 to 2017, when migration of legacy data and CBS
operations was going side by side, FS Division had issued various guidelines, SB Orders,
SOPs of some functionalities, clarifications, FAQS for smooth working of Post Offices
migrated to CBS Platform. Many statutory rules of various POSB schemes were also
changed by Ministry of Finance. As CBS operations were not stabilized and migration was
going on, relevant procedural rules in POSB tvlanual Vol-l and ll were not modified during
this period.

2. Since POSB operation in CBS platform has now been stabilized, the competent
authority has decided to prepare and circulate Standard Operating Procedure to be
followed by offices working on CBS platform in the shape of procedural rules. These
SOPs may be called as POSB (CBS) Manual and shall be applicable to offices working
under CBS platform only and existing procedural rules of POSB Manual Vol-l and ll shall
continue to be applicable for NON-CBS offices till these are migrated to CBS platform.

3. This Standard Operating Procedure (POSB (CBS) Manual) with Rule Nos.1- to
170 and Appendices from I to XIX duly approved by competent authority is attached. This
is also being uploaded on lndia Post Web site shortly.
4. lt is requested that staff dealing with operattons of POSB schemes in various
offices working on CBS platform and all others concerned should carefully read these
procedural rules and may refer for their day to day activities.

This issues with approval of competent authority

Yo faithf ully,

na)
Assistant Director (SB-l)

Encl:- One hard copy of the complete Manual is attached for information of the Circle. Soft
copy of the Manual will be uploaded in lndia Post Web site.
Copy to:-

1) 1. DDG (FSyDDG (VIGyJS&FA/DDG (PAFyDDG (RByDDG (Estt.)/DDG(PG &


lnspections)/ DDG (PCo)
2) Director (FS)/Director (CBS), Dak Bhawan.
3) Director 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 lndia Post Web Site.
8) Dy. Director CEPT, DMCC/SDC O/o CPMG T.N.Circle
9) AD /lnspection/PFA/igilance
10) All Accounts Officers ICO(SB)

1 1) All recognized unions.


12) MOF(DEA), NS-ll, North Block, New Delhi
13) Jt.Director & HOD (HO),GOl, tt/inistry of Finance, NSl, ICCW Building.4 Deen
Dayal Dayal Upadhaya Marg, New Delhi-1 10002
14) PS to Member (Banking & HR)
'15) PPS to Secretary Posts.
Order No.10 /2018

F.No.1 16-57/2014-SB
Government of lndia
Ministry of Communications
Department of Posts
DakBhawan, Sansad Marg,
New Delhi-l 10001 .
Dated: 23 .07.2018

To,
All Heads of Circles/Regions
Addl. Director General, APS, New Delhi.

Subject:- Amendments in statutory rules of Sukanya Samriddhi Account Rules


2016 by Ministry of Finance (DEA) regarding.

Respected Sir / Madam,

The undersigned is directed to enclose a copy of Gazette Notification


No.456 dated 06 July 20"18 regarding G.S.R.617 (E) dated 05 July' 2018 issued
by MOF(DEA) for information and necessary action.

2. As per this notification, in the Sukanya Samriddhi Account Rules' 2016, in rule
5, in sub -rule (1), for the word " one thousand rupees" the following words- "two
hundred and fifty rupees" shall be substituted.

Contd/... ...
-2-

3. lt is requested to circulate this SB Order along with copy of attached


notifications to all concerned immediately. Necessary amendments to CBS and
Sanchaya Post softwares will be made.

This issues with the approval of competent authority

Yours Sincerely,

L Meena)
Assistant Director (SB-l)
Enclosure:- Copies of notifi cations.
Copy for information & necessary action to:-

1) DDG (FSyDDG (VlGyJS&FtuDDG (PAF/DDG (RByDDG (Estt.)/DDG(PG


& lnspections)/ DDG (PCO)
2 ) Director (FS)/D|rector (CBS), DakBhawan.
3) Director 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 lndia Post Web Site.
8) Dy. Director CEPT, DMCC/SDC O/o CPMG T.N,Circle for taking up
necessary changes in CBS and Sanchaya Post with concerned teams
urgently.
9) AD /lnspection/PFA/igilance
10) All Accounts Officers ICO(SB)
1 1) All recognized unions.
12) MOF(DEA), NS-ll, North Block, New Delhi
13)Jt.Director & HOD (HO),GO|, Ministry of Finance, NSl, ICCW Building, 4
Deen Dayal Upadhaya Marg, New Delhi -1 10002.
14) PS to Member (Banking & HR)
15) PPS to Secretary Posts.
1fu.4 sL Ao r{€o-330Mi99 REGD. NO. D. L.-3300,V99

Ef'T
@he Gozette of Sndto
sl{mlRq
ErIRAORDINARY
qrq u--i@!L 3i--gq-90-s (i)
PART II--SecUon 3--Sub.section (l)
mff6n t q-*rfrrd
PUBLISHED BY AUTHORITY
d. 4so q$ Cd, {.r{R, g.dr{ 6, 2018./qNrE is, ie4o
No.456l NEW DELIII, fRIDAy, JULY 6 20r8/ASIIADSA 15, 1940

ft{{qrqq
(qrfttrnr{AqO
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k"n W Bm q&W'qr €T.+r.ft. 323(ar)frrtq 18 qr{, 2016 crir crcd h (Mc-{, arfiqrlr qm-lI,
dE 3, sc-Eic (l) + v{rRrd ftq'Tq t qt( ilic{qrd 5d ffiC-c ufr'qs-ilifr ar<r {nifte frcrrqr qri
(r) ff.6r.ft. 352(q), 6rtE 29 qrd, 2016;
(ii) u.rr.ft.eaqq, mte 30 RiiT(, 20'16;
(iii) qr.sr.ftJs1(er1, ilr&q3r q'{, 2917'
(iv) sr,fi,fr.asg(q), iltq 30 {.T, 2017;
(v) m.Fr.ft.28(4), ilfrq 1qfift,2018.

3866Gy201t (l)
{
2
THE GAZE,I-TE OF INDIA : ETTRAOR
DINARY
IPART II-1SEC. 3(i)l
]I{NISIRY OF UNANCE
(Departmert of Ecotromic
Afsirs)
NOTIFICATTON
New Delhi' the 5& July'
2018
G.s.R. 6u@).-tn gxerci36

^*,*;*ff ;;ff;;::rH;"Jr.?,;ff ;,*::,lil"Jffi I jil,._.il


l. Short Ufle and commercc&c!
tt (l) Thesc ru'les may bc called the sukanya
(AmeD&rar) Rul€s,
201g. sa:nriddhi Accou
(2) Tbcy strall comc
into force
from thc darc ofpublicadon
2. ,r.rro* o*, lt€ffcct
In thc sukanya in the official Gazcrle.
*ules' 2016' in rule 5'
in sub-rute
rupees" tbc fouoq.itrg
**, .,*o nur'o''
drcd and fifty rup.es,,
strau
for thc words "oae thousand
uc suustitutcl),

lF. No. UIOl20t 6NSJ


Notc: T[re pdneipsr rules wcn sHRwAsrAvA, Jr secy.
pubrished in thc
cazefts ,f lrdi.,
Irqra, E*::T{D
tixtrdordinsry,
s€ctioa (i) vide c.S.R.
;.:;;.-2016 and subsequcntly Pan n, sc.tion 3, sub-
,r; March,
323(E), datcd *" lg6
notification nurnbers, a&cndcd vidc the following
(,
(ii) : :* 1l?9,"," the 2e6 March, 2016;
939@), d8re.d thc
(iir) :.: RI. 38I(E),
c.s dEted ttrc
306 Scprcmbcr,zor6;
atuUarctr, iolz;
(iv)
(v) 3:*:i;ff llT'"tir3,,l"fr:,,,,,,,;

RAKESH
Uploodcd by Dlc, of Prindnt SUKUL
a!
and Publistcd by rhc r006.1
SB Order No. 1112018

F.No 113-03/2017€B
Govt. of lndia
Ministry of Communication
Department of Posts
(F.S. Division)
Dak Bhawan, New Delhi-l 10001
Dated: 20.09.2018
To,

All Head of CircleyRegions


Addl. Director General, APS, New Delhi

Subject ; Revision of interest rates for Small Savings Schemes.

Sir/Madam,

The undersigned is directed to say that vide memorandum No


01/04/2016-NS dated 19.09 2018 (copy enclosed), Govt. of lndia, Ministry of Finance,
Department of Economic Affairs (Budget Division) has revised interest rates of small
savings schemes for the third quarter of the financial year 2018-19 starting l"tOctober
,2018 and ending on31"t December, 2018 on the basis of
interest
compounding/payment built-in in the schemes, as under:-

st. lnstruments Rate of interest Rate of interest Compounding


No. w.e.f.01 .07.20'18 w.e.f 01 .10.2018 Frequency"
to 30.09.2018 to 31.12.2018
01 Savin D osit 4.0 40 Annually
02 1 Year Time Deposit 66 6.9 Quarterly
03 2 Year Time Deposit 6.7 7.0 Quarterly
04. 3 Year Trme Deposit 6.9 7.2 Quarterly
05 5 Year Time Deposit 74 7.8 Quarterly
06 5YearRecurring Deposit 6.9 72, Quarterly
07. 5 Year Senior Citizen 8.3 8.7 Quarterly and
Account Scheme Paid
08 5 Monthly lncome Account 7.3 Monthly and paid
Scheme
09. 5 Year National Savings 7.6 6.U Annually
Certificate
10 Public Provident Fund t.o 8.0 Annually
Scheme
11. Kisan Vikas Patra 7.3 (will mature 7.7 (will mature in Annually
in 1 18 months) 1 12 months)
12 Sukanya Samriddhi Account 8.1 8.5 Annually
Scheme

Cont. on page 2
-2-

3. changes to all concered for information and


lt is requested to circulate these
necessary guidance. Same may also be placed on the notice board of all Post Offices in
Public area.The necessary calculation tables will be supplied in due course.

4. This issue with the approval of Competent Authority.

Yours Faithfully,

46,4v
(KR.Patel)
Assistant Director (SB-ll)

Copy to:-

1) DDG (FSyDDG (VIG)/JS&FAJDDG (PAFyDDG (RByDDG (Estt.)/DDG(PG &


lnspections)/ DDG (PCO)
2) Director (FS)/Director (CBS), Dak Bhawan.
3 Director 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 lndia Post Web Site.
8) Dy. Director CEPT, DMCC/SDC O/o CPMG T.N.Circle.
9) AD /lnspection/PFA/igilance
10) All Accounts Officers ICO(SB)
11) All recognized unions.
12) MOF(DEA), NSJI, North Block, New Delhi ..
'tist,
13i oireitor, cOO Complex,'A'Wing, 4n Floor, Seminary Hills, Nagpur-
440006
14) PPS to Secretary Posts.
15) PS to Member (Banking).
F.No.0ll04/2016NS
Covernment oflndia
Ministry of Finance
Depallment of Economic Affairs
(ltudgct Division)
North Block. Nerv Delhi
& D&ted:19.09.2018

Su bj!-cl: Revision of interest rates for Small Saviags Schcmcs.f

The undersigned is directed to refer to this Department's OM ofeven number dated 166 February.
2016, vide tyhich the various decisions taken bv tie Covenlment regarding interest tixation for small
savings schemes were comnrunicatcd to all concerned.

2. On the basis of the decision of the (lovernn'rent, interest rates for small savings schenes are to be
notiticd on quarlerly basis. Accordingly. thc rates of intcrest on various small savings schemcs for the third
quarter of financial year 2018-19 starting l"r October, 2018. and ending on 3l{ December, 2018. on rhe
basis of the interest compounding ,/ pal r'ncnt built-in in the schemes, shall be as under:

Instrum€nt Ral€ of interBl w,r.t. Ilate of interest Compounding


0t.07.20t8 to w.r.l. 0!.10.2018 freq u cnc.v-
r
30.09.2018 to 11.12.201E
Savings Deposit 1.0 4.0 Annuallv
1 Year Time Deposit 6.6 6.9 Quanorl)'
2 Year'limc Dcposit 6.? 7.0 Quarrerly
I Year Time sit 6,9 7.2
5 Ycar Time srt 7.4 7.8
,( Year Recurring Deposit 6.9 '7
.3 Quanerl\
5 Year Senior Citizen Savings 8.3 8.7 Quarterly and paid
Scheme
5 Year Monthly lncome Account '1.3
i1.j Monthly ard paid
5 Year National Sav Ccrtificate 't .6 8.0 Annually
't .6
Public Provident Fuld Schcme 8.0 Annuallv
KisanVikasPara I I (will mature in 118 7.7 (wili mature in Annuallv
n)onths I l2 months
S Samriddhi Account Scheme 8.I 8,5 Annuelly
t No Change

L This has the approval ofFinance Minister. la


(Padam Singh)
Sr. Regional Diroctor (NS)
Tele: 0l 113095 I i ,:

'l'o

l. The Secretary 2. Th€ Secretary


Department of Expenditurc Department of Revenue
North Block, Nerv Delhi. North lllock- New Dclhi

3. Thc Secretar) 4. The Secretary


Department of Posts I)epartment of Financial Services. Jeevan
Dak Bhawan Dcep Buildiag
Nerv Delhi Parliament Street, New Delhi.

5. ChiefCeneral Manager 6. Resen'e Bank of lndia


Department of Cort. & Bank Accounts Centrel Accounl Section
Ressrvc Bank of lndia Additional O{fice Sectiol
Central Office, Mumbai. East High Coun Road
Nagpur - 440 00 t .

7. Chief Secrctaries of States/UT 8. The Director


0overnments. National Savings lnstitute, Nevr Delhi
Draft SB Order No 1212018

F.No 113-03/2017-SB
Govt. of lndia
Ministry of Communications
Department of Posts
(F.S. Division)
Dak Bhawan, New Delhi-110001
Dated: 26.1'1.2018
To,

All Head of Circles/Regions


Addl. Director General, APS, New Delhi

Subject : Transmission of Scheme-wise commission of agent's

Sir/Madam,

The undersigned is directed to say that vide memorandum No.


6/1/2011-NS dated 23.10 2018 (copy enclosed), Govt. of lndia, Ministry of
Finance, Department of Economic Affairs (Budget Division) has intimated scheme-
wise commission of agents as under:-

Sr. Name of Scheme Rate of


No. Commission
1 Savings Deposit Nit
2 National Savings Time Deposit (1 Year, 2 Year, 3 0.5o/o
Year & 5 Yea0
J National Savings Recurring Deposits 4%
4 Senior Citizen's savings Scheme Nil
National Savings Monthly lncome Account 0.5%o
6 National savings Certificate (5 Years) 05%
7 Public Provident Fund Scheme Nit
8 Kisan Vikas Patra 0,5%
I Sukanya Samriddhi Account Scheme Nil

2. lt is requested to circulate these changes to all concered for information and


necessary guidance. Same may also be placed on the notice board of all Post
Offices in Public area.
-2-

3 This issue with the approval of Competent Authority.

Yours Sincerely,

Meena)
Assistant r (SB-l)

Copy to:-

1) DDG (FS/DDG (VlG)/JS&FA/DDG (PAF/DDG (RByDDG (Estt.)/DDG(PG &


lnspections)/ DDG (PCO)
2) Director (FS)/Director (CBS), Dak Bhawan.
3) Director 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 lndia Post Web Site.
8) Dy. Director CEPT, DMCC/SDC O/o CPMG T.N.Circle.
9) AD /lnspection/PFA,/igilance
10)All Accounts Officers ICO(SB)
1 1 )All recognized unions.

12)MOF(DEA), NS-ll, North Block, New Delhi


13)Director, NSl, CGO Complex,'A'Wing,4th Floor, Seminary Hills, Nagpur-440006
14)PPS to Secretary Posts.
15)PS to Member (Banking).
F. No.6/1/201 I -NS
Ministry of Finance
Depaftment of Economic Affairs
(Budget Division)

North Block. New Delhi


out"a73/topon

Oflicc Mcnrorandum

Subject: Transmission of Scheme-wise commission to agents'

Theundersignedisdirectedtorelertoletterno.63-]112017.18(FS)dated09.07.2018
on the above mentioned subject. Scheme-wise details of commission payable to
Agents afe
as:

Nanre of Scheme Rate of


Sr. No.
Commission
Savi lt \i1
I
0.s%
National Savings Titne DePos ir( t Vear. 2 Year, 3 Year &
5 Year
4%
J National Savin Recun ing srl
Nil
l Sen OI C ir zel'l S S AV Scheme
0.5 %
5 National Savin Monthl Income Account
0.s %
6 National Sa Certificate 5 Years)
Nil
7 Pub C Plov ide l1 t [] und Sch clll e o/o
0.5
8 Kisan Vikas Patra
ccoun Scli c lI
Nil
9 Suk a Samri ddh

f),e
(Padam Singh)
Sr. Regional Director (NS)
Telefax: 2309515 5

To,
The Director (FS)
Department of Posts
Dak Bhawan, Sansad Marg A'4 2
New Delhi.

6f Dl restor(FS)

BY' N4....*J
:2*1.-....
l
SB Order No. 13/2018
No.116-12/20'17-SB
Government of lndia
Ministry of Communication
Department of Post
(F.S. Division)

Dak Bhawan New Delhi-1 '10001


Dated: 03.12.2018
To,
,I. AII CPMSG
2. Addl. Director General, APS, New Delhi

sub:- Regarding amendment in Para 26 of s.B.control procedure for weeding out ' old record
of SBCO'
Rreferences have been received form Circles seeking to modify the manner of
destruction of time barred records. Presently some specified time barred records are prescribed to be
destroyed by burning them. The circres have reported that since the burning of papers etc is now
banned by the Government to prevent invironmental pollution, the Department had to explore the
alternatives, for the purpose.

As per D.G. posts tetter No. 1_2/88_SB dated .17.10.1990 ., Supervisor SBCO wilt
keep the records duly arranged in the steer almirahs provided for the purpose under rock
and key. The
old records should be weeded out periodically in a systematic manner to ensure that only the
records
which are necessary to be preserved and kept in the branch. For the destruction of
the time barred
records, the incharge SBco will seek the prior approval of the Divisional Supdt./Gazetted postmaster,
as the case may be' in writing. vouchers, spoirt passbooks, underiverabre passbooks
and unused
cheque foils and cheque books shourd be destroyed by burning. The
other records which are not
to be preserved permanently should be torn and transierred to the postmaster
for sale as waste
paper under the normar procedure. The particurars
of the records destroyed wil be noted in a
register of records destroyed in Form ACG_91.,,

The matter has been examined in detail and it is observed


instruction is required to be modified in view of present that the above
scenario. r am accordingry directed to
inform that the said instruction may be treated
as amended as under:_
,,Supervisor
SBCO_will keep the records duly arranged
for the purpose under lock and key. The in the steel almirahs provided
ord records snouro oe weeoeo out periodicary
manner to ensure that onry the records in a systematic
which are necessary to o" pr"aur"o and
the destruction kept in the branch. For
of the time barred records, tne incnarge sBl-o-wi,
seek the prior approvar of the
il:H:*:ii:ff::i:::]T".- as the case
'"!ou''-*''t'ns vouchers,
"p.,n"r"""0.".",
shreddins,"i"a.ii".ti",.::J,".""';l,H?i1:.,ili""f"K::T;::X;mm:*l
as waste p'p"' *a", tt" no,,"r-p.o""0,,"i
'oyedlor.:ale
;:1,::11X":"",1j',"t::J"'"ot1f"r ii"
will be noted in a register of records A"",..y"o-i",-i...
ACG_9.1..
This issues with the approval of Competent
Authority.

your,s Srncerelv,

&:%.iy\ s
(Devendra Sharmal
Assistant Director(SB_Ii
Copy to:-

1. DOG (FSy DDG(Vis.)/ JS&FA./ DDG (PAFy DDG (RB)/ DDG (Estt.)/ DDG
PG&lnspection) DDG (PCO).
2 Director of Audit (P & T) Delhi.
3. Director, RAKNPA, Ghaziabad
4. All Directors, Postal Training Centres.
5. Director CEPT lvlysore for uploading the SB order on lndiapost Website.
6. Dy. Director CEPT, DIVICC/SDC, O/o The CP[/G, Tamilnadu Circle.Chennai
7. AD/lnspetion/PF/Vigilence
8. All Accounts Officers ICO(SB)
L All recognized unions.
10. PPS to Secretary Post
11. PS to Member (Banking)
SB Order No. 1412018

F.No 113-03/2017-SB
Govt. of lndia
Ministry of communication
Department of Posts
(F.S. Division)
Dak Bhawan, New Delhi-l10001
Dated:31.12.2018
To,

All Head of Circles/Regions


Addl. Director General, APS, New Delhi

Subject :- Revision of interest rates for Small Savings Schemes.

Sir/Madam,

The undersigned is directed to say that vide memorandum No. 01/04/2016-


NS dated 31.12 2018 (copy enclosed), Govt. of lndia, Ministry of Finance, Department of
Economic Affairs (Budget Division) has revised interest rates of small savings schemes for
the fourth quarter of the financial year 2018-19 starting 1st January ,20'19 and ending on
31"rMarch, 2019 on the basis of interest compounding/payment built-in in the schemes, as
under:-

SI, lnstruments Rate of interest Rate of interest Compounding


No w.e.f .01 .10.2018 w.e.f 01.01.20'19 Frequencyt
lo 31.12.2O18 to 31 .03.2019
01 Savings Deposit 4.0 4.O Annually
uz. 1 Year Time Deposit bv 7.0 Quarterly
03 2 Year Time Deposit 7.0 7.O Quarterly
04 3 Year Time Deposit 7.0 Quarterly
05 5 Year Time Deposit 7.8 7.8 Quarterly
06 sYearRecurring Deposit 1,5 7.3 Quarterly
07. 5 Year Senior Citizen 8.7 8.7 Quarterly and
Account Scheme Paid
08. 5 Year Monthly lncome 7.7 7.7 Monthly and paid
Account
09 5 Year National Savrngs 80 80 Annually
Certificate
10. Public Provident Fund 80 8.0 Annually
Scheme
11 Kisan Vikas Patra 7.7 (will mature 7.7 (will mature in Annually
in 1 12 months) 1 '12 months)
12. Sukanya Samriddhi Account 8.5 8.5 Annually
Scheme

Cont. on page 2
3. lt is requested to circulate thesechanges to all concered for information and
necessary guidance. Same may also be placed on the notice board of all Post Offices in
Public area.The necessary calculation tables will be supplied in due course.

4. This rssue with the approval of Competent Authority.

Yours Faithfully,

,r.r.ffiAn.,
Assistant Director (SB-ll)

Copy to:-

1) DDG (FsyDDG (VIGyJS&FA/DDG (PAFyDDG (RByoDG (Estt.)/DDG(PG &


lnspections)/ DDG (PCO)
2) Director (FS)/Director (CBS), Dak Bhawan.
3 Director 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 lndia Post Web Site.
8 Dy. Director CEPT, DMCC/SDC O/o CPMG T.N.Circle. for taking up necessary
changes in CBS and Sanchaya Post with concerned teams urgently.
9) AD /lnspection/PF/Vigilance
10) All Accounts Officers ICO(SB)
11) All recognized unions.
12) MOF(DEA), NS-ll, North Block, New Delhi
13) Director, NSl, CGO Complex,'A'Wing, 4th Floor, Seminary Hills, Nagpur-440006
14) PPS to Secretary Posts.
15) PS to Member (Banking).
F.No.01/04/20l6NS
Govemment of lndia
Ministry of Finance
Department of Economic Affairs
@udget Division)
North Block, New Delhi
Dated: 31.12.201E

Subject: Revision of interest rates for Soall Savings Schemes'

dated 16e February,2016,


The undcrsigned is directed to refer to this DePadment's OM of wen oumber
interest fixation for small savings schcmes
vide whictr the variJus decisions taken by the Goverlmeut regading
were commuaicatcd to all concemed.
are to be notified
2. on the basis ofthe decision ofthe Govemment, interest rates for smal1 savingF schemes
schemes for the fourth quarter of
on quarterly basis. Accordingly, the ratcs of interest on various small savi-ngs
id"t"l t; 2Ol8-19 startii:g 1; January, 2019, and ending on 31'! March. 2019, on basis of the interest
the
.ompo*iiog i puyment built'in in the schemes, shall be as under:

Instrumetrt Rate of interest w.r.t. Rate of interest Compounding


01.10.2018 to 31.12.2018 w.r.t. 01.01.20f9 frequency*
to 31.03.2019
4.0 4.0 Amually
Savi D
t 6.9 7.0 Quarterly
1Year Time D
osit 7.0 Quarterly
2 Year Time
3 Year Time D sit Quarterly
7.8 7.8 uarterl
5 Year Trme osit
D osit t-3 Ouarterly
5 Year Recurri
5 Year Senior Citizen Savings 8.7 8.7 Quarterly and paid
Scheme
7.7 7.7 Monthiy and paid
5 Year Monthl Income Account
Cedificate 8.0 8.0 Annuall
5 Year National Sa
8.0 8.0 Annually
Pu bt Pro vident Fund S cheme
KisanVikasPatra 7.7 (will matue in 11 1 7.7 (wi1l mature in Annually
months) I 12 months)
8.5 8.s Annually
Sukal amriddhi Account Scbeme
* No Change - n
\,.
5rn
3. This has the approval of Finance Minister'
(Akhilesh Kumar Misbra)
Director
Tele: 0i 123095024
To

1. The Secretary 2. The Secretary


Depanment of ExPenditure Department ofRevenue
North Block, New Dclhi. North Bloclq New Delhi.

3. The Secretary 4. The Secretary


Depa(ment ofPosts Department of Financial Services, Jeevan Deep
Dak Bhawan Building
New Delhi Parliament Street, New Delhi.

5. Chief General Manager 6. Reserve Bank of India


Department of Govt. & Bank Accounts Central Acsount Section
Reserve Bank oflndia Additional Oflice Section
Central OfIice, Mumbai. East High Court Road
Nagpur - 440 001.

7. Chief Secretaries of StatesAJT Governments' 8. The Director


National Savings Institute, New Delhi'