[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub Section (i)

Government of India
Ministry of Finance
Department of Economic Affairs

New Delhi, the 29th September, 2017

NOTIFICATION

G.S.R. 1242(E)._ In exercise of the powers conferred by section 15 of the Government Savings Bank Act, 1873 (5 of 1873), the Central Government hereby makes the following rules further to amend the Post Office Savings Sank General Rules, 1981, namely:

1. (1) The rules may be called the Post Office Savings Bank General (Amendment) Rules, 2017.’

(2) They shall come into force on the date of their publication in the Official Gazette.

2. In the Post Office Savings Bank General Rules, 1981,-

(i) in rule 2, for clause (a), the following clauses shall be substituted, namely:-

“(a) ‘Aadhaar number’ means an identification number as defined in clause (a) of section 2 of the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016 (18 of 2016);

(aa) ‘Account’ means a Savings Account, a Recurring Deposit Account, a Time deposit Account, Monthly Income Scheme Account, Sukanya Samriddhi Account or Senior Citizens Savings Account;”

(ii) after rule 3, the following rule shall be inserted, namely:-

‘(3A) Identification of Account holders.– The Aadhaar number shall be the unique identifier for the purpose of establishing the identity of an account holder:

Provided that where Aadhaar number has not been assigned, the depositor shall submit proof of application of enrollment for Aadhaar

Provided further that every depositor under this rule who has not given his Aadhaar number at the time of application for such deposit shall submit his Aadhaar number to the Post Office Savings Bank or Deposit Office concerned, on or before the 31st day of December, 2017″.

[F. No. 1/3/2015-NS.II]

(Prashant Goyal)
Joint Secretary to the Government of India

Note: The principal rules were published in the Gazette of India, extraordinary, part- II, section 3, sub- section (i) vide notification number G.S.R. 662 (E), dated the 17th December, 1981 and subsequently amended vide notification numbers G.S.R. 348 (E), dated the 10th May, 2002, G.S.R. 586 (E) dated the 25th July, 2003 and G.S.R. 219 (E) dated the 13th March, 2014.

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