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All about Public Provident Fund Scheme (PPF)

Finance : Every individual desirous of subscribing to Fund under the Scheme for the first time either on his own behalf or on behalf of a mi...

April 19, 2012 117978 Views 169 comments Print


Latest News


Changes in Senior Citizen Savings Scheme

Finance : Stay informed about recent updates in small saving schemes post-retirement, including rules for opening accounts and time limits f...

February 7, 2024 2016 Views 0 comment Print

Deduction/Non-deduction of TDS in SCSS accounts in CBS post offices reg

Corporate Law : No. FS-13/7/2020-FS Government of India Ministry of Communications Department of Posts (F.S.Division) Dak Bhawan New Delhi-110001 ...

September 16, 2021 12387 Views 1 comment Print

Notification for Launch of 10-Year National Savings Certificate (IX-Issue), 2011 Issued

Finance : In accordance with the decisions taken by the Government on the basis of the recommendations of the Committee for Comprehensive Re...

November 29, 2011 11768 Views 0 comment Print


Latest Notifications


Operational guidelines for Bulk customers of registered articles: India Post

Corporate Law : Explore India Post's new operational guidelines for bulk customers of registered articles, including eligibility, registration pro...

July 17, 2024 54 Views 0 comment Print

Revised Small Savings Schemes Interest Rates for July to September 2024

Corporate Law : Discover the latest interest rates for Small Savings Schemes for April-June and July-September 2024. Get detailed insights and com...

June 28, 2024 6111 Views 0 comment Print

SOP for handling / payment of accounts / certificates non-migrated to Finacle CBS

Finance : Understand the Standard Operating Procedure (SOP) outlined in SB Order No. 18A/2023 for managing non-migrated accounts and certifi...

April 8, 2024 981 Views 0 comment Print

Revised Small Savings Schemes Interest Rates for April-June, 2024

Finance : Read about the official memorandum from the Ministry of Finance on small savings schemes interest rates for the first quarter of F...

March 8, 2024 10329 Views 0 comment Print

Sukanya Samriddhi Account Interest Rate from 1st January 2024

Finance : The Ministry of Finance revises interest rates for Sukanya Samriddhi Account Scheme to 8.2% PA, effective from January 2024. Learn...

February 12, 2024 891 Views 0 comment Print


Clarifications with respect to Post Office Saving Bank Operations

November 5, 2021 4413 Views 0 comment Print

The procedure for issue of fresh passbook in lieu of old / used up passbook is prescribed in Rule 44 of POSB CBS Manual. But there is no clarity whether the fresh passbook of account standing in CBS Post Offices (P0) can be issued by any other CBS PO.

Reg. Adjustment of interest in MIS account in case of death of joint holder

October 28, 2021 14427 Views 0 comment Print

Regarding adjustment of interest through HINTTM menu for premature closure of PPF account, deceased claim closure of SCSS/SSA account in CBS post offices and payment of excess deposit amount in MIS in case of death of joint account holder.

SOP for updation of ASLAAS card number in Agent Portal by MPKBY Agents

October 27, 2021 51240 Views 24 comments Print

This office was receiving representations from the MPKBY Agents and Agents Association to provide provision for storing ASLAAS card number against each RD account in Agent Portal. 2. This issue was examined in detail and the competent authority has decided to make necessary changes in Agent Portal to update & store ASLAAS card number for each RD Account opened by MPKBY agents.

SOP for dealing with cases of amalgamation of PPF Accounts

October 18, 2021 3888 Views 0 comment Print

Whenever any depositor has opened more than one PPF Accounts, the second and subsequent accounts opened are treated as irregular, as an individual can open only one single account under PPF Scheme.

Deduction/Non-deduction of TDS in SCSS accounts in CBS post offices reg

September 16, 2021 12387 Views 1 comment Print

No. FS-13/7/2020-FS Government of India Ministry of Communications Department of Posts (F.S.Division) Dak Bhawan New Delhi-110001 Dated: 15.09.2021. To, All Head of Circles/Regions, Sub: – Deduction/Non-deduction of TDS in SCSS accounts in CBS post offices reg. Sir/Madam, This office is receiving various representations from the SCSS account holder(s) that CBS post offices are either not […]

Adjustment of outstanding RD Loan/interest of matured RD Account through office account (SOL ID+0023) in CBS post offices

September 9, 2021 28095 Views 0 comment Print

This office is receiving many representations from RD account holders about the need for credit of outstanding RD Loan/interest amount on matured RD accounts in Finacle. The issue was examined in detail and to avoid any inconvenience to the RD account holders, necessary amendments have been made in Finacle.

Implementation of CBS-CTS Integration & Centralized Cheque clearing solution from 30.08.2021

August 29, 2021 3945 Views 0 comment Print

From 30.08.2021 all GPOs/HPOs shall scan cheques collected for POSB operations (outward cheques) of CBS post offices in the new CTS application only. Inward clearing operations received on 30/08/2021 will be done in the old CTS application and Finacle by respective grids/HOs as per the existing procedure.

Department of Posts – Roll-Out plan for RICT CBS version 1.4.3.0

August 24, 2021 3645 Views 0 comment Print

SB Order No. 25/2021 No.FS-10/47-2021-FS-DOP Govt. of India Ministry of Communications Department of Posts (F S Division) Dak Bhawan, New Delhi-110001 Dated: 24.08.2021 To, All Head of Circles/Regions Subject: – Regarding roll out of RICT CBS version 1.4.3.0 in RICT CBS devices from 25.08.2021. Sir/Madam, New RICT CBS version 1.4.3.0 for RICT devices have been […]

Regarding implementation of CBS-CTS integration functionality for cheque clearance in CBS post offices

August 19, 2021 14604 Views 0 comment Print

The competent authority has decided to implement CBS-CTS integration functionality for CBS post offices w.e.f. 23/08/2021. A detailed Standard Operating Procedure (SOP) for cheque clearing under CBS-CTS integration have been prepared and attached for information and further necessary action.

Withdrawal/Loan/closure/Premature closure of Post Office account through authorized person

August 4, 2021 7242 Views 0 comment Print

This office is receiving various representations from the depositors that due to old age or illness they are unable to attend post offices for withdrawal or loan or closure or premature closure of their accounts.

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