Department of Posts, under the Ministry of Communications, has issued an addendum to SB Order 02/2025 concerning the withdrawal procedures for the Mahila Samman Savings Certificate (MSSC) Scheme in the Finacle system. Initially, the SB Order provided for withdrawal payments to be made either in cash (subject to prescribed limits), through credit to a Post Office Savings Account (POSA), or via a Postmaster Cheque Account. However, it did not allow withdrawals to be credited to other bank accounts via Electronic Clearance Service (ECS). As per the new update dated 12 June 2025, ECS has now been enabled as an additional payment mode. Consequently, MSSC withdrawal payments can now be made using four options: cash (within limit), credit to POSA, Postmaster Cheque Account, and ECS to external bank accounts. This enhancement is expected to facilitate smoother and more flexible fund disbursal for account holders. All postal circles and concerned personnel have been instructed to disseminate this update and take necessary action accordingly. The order has been issued with approval from the competent authority.
CBS-25/4/2023-FS-DOP
Government of India
Ministry of Communications
Department of Posts
(Financial Services Division)
SB Order No. 2A/2025 | Dated: 12.06.2025
Addendum
To
All Head of Circles / Regions
Subject: Implementation of 40% Withdrawal Functionality for MSSC Scheme in Finacle – Reg.
Madam/Sir,
Kindly refer to SB Order 02/2025 dated 17.03.2025 regarding the Standard Operating Procedure (SOP) for the withdrawal process in Finacle.
2. In this regard, it is informed that the above-mentioned SB Order detailed the procedure for withdrawals, wherein the withdrawal amount was payable either in cash (within the prescribed limit), by credit to a Post Office Savings Account (POSA), or through a Postmaster Cheque Account. The option of crediting the withdrawal amount to other bank accounts via Electronic Clearance Service (ECS) was not available at that time.
3. It is informed that the option to withdraw the amount through ECS has now been enabled. Therefore, withdrawal amount can be paid now through following modes:
I. By cash (within the prescribed limit),
II. By credit to a Post Office Savings Account,
III. Through a Postmaster Cheque Account, or
IV. Through ECS to other bank accounts.
4. It is requested to circulate this to all concerned for information, guidance and necessary action.
5. This issues with the approval of the Competent Authority.
Yours faithfully,
(Devender mar Sharma)
Assistant Director (SB-II)
Copy to: –
1. PPS to Secretary (Posts)
2. PS to Director General Postal Services
3. PPS/ PS to Member (Financial Services)/Member (0)/Member (P)/ Member (HRD)/ Member (Tech)/ Member (Service Quality and Marketing). Member (Infrastructure), AS & FA
4. Director General, APS, New Delhi
5. Chief General Manager, BD Directorate / Parcel Directorate / PLI Directorate.
6. CGM, CEPT for kind information and necessary action.
7. Deputy Director General (Vig) & CVO) / Sr. Deputy Director General (PAF)
8. Director, RAKNPA / Directors of all PTCs
9. Director General P & T (Audit), Civil Lines, New Delhi
10. Secretary, Postal Services Board / All Deputy Directors General
11. All General Managers (Finance) / Directors Postal Accounts / DDAP
12. The Joint Director & HOD, National Savings Institute, ICCW Building, 4 Deendayal Upadhyay Marg, New Delhi-110002
13. The Under Secretary, MOF (DEA), NS-II Section, North Block, New Delhi.
14. All recognized Federations / Unions / Associations
15. Guard File/e-File.
(Devener Kumar Sharma)
Assistant Director (SB-II)
