Mandatory use/opening of Savings Account in CBS Post Offices for maintaining/development of relationship of Customers with Post Office Savings Bank (POSB)

Mandatory use/opening of Savings Account in CBS Post Offices for maintaining/development of relationship of Customers with Post Office Savings Bank (POSB)- regarding

SB Order No.12/2015

F.No.113-02/2015-SB

Government of India

Ministry of Communications & IT

Department of Posts

Dak Bhawan, Sansad Marg,

New Delhi-110001

Date. 05.10.2015

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

Subject:- Mandatory use/opening of Savings Account in CBS Post Offices for maintaining/development of relationship of Customers with Post Office Savings Bank (POSB)- regarding

Sir/Madam,

The undersigned is directed to say that in view of growing number of CBS Post Offices and various facilities being provided in the Post Office Savings Account standing in a CBS Post Office, the competent authority has taken the following decisions to be implemented from 15.10.2015 (except RD Deposits through MPKBY Agents and Cash Payment of interest where the date of implementation has been mentioned separately) in all CBS Post Offices:-

1. . All existing POSB/SC customers of CBS Post Offices who do not have Savings Account in any of the CBS Post Office should be requested to open Savings Account in any CBS Post Office to avail all the benefits mentioned in the enclosed leaflet. Those, who have Savings Accounts but are not operating the same or have not updated KYCs should be requested to revive their savings accounts and update KYC status of their Customer information File (CIF) in Finacle CBS Application to promote/maintain and continue relationship with POSB.

2. Various FREE benifits being provided in Post Office Savings Account standing in a CBS Post Office mentioned in the attached leaflet should be printed in the form of a Poster and placed on the Notice Board and on all the POSB/SC counters.

3. Whenever any customer attends any CBS Post Office for investment in any scheme, he/she should be requested to first open Savings Account with propoer KYC documents to start relationship with POSB (as being followed by various Banks on CBS) and then invest in any of Small Savings Scheme

through same Savings Account. in case any customer wants to invest through other Bank Cheque, his/her cheque should be lodged only through his/her savings account and then new account/certificate should be funded from that savings account by putting cheque credit date as Value Date.

4. All existing customers who are coming to post office either directly or through SAS/MPKBY agent for any subsequent deposit in any RD/PPF/SSA Account through other Bank Cheques should be asked to open Savings Account with cheque book and present POSB Cheque for subsequent deposit to avail immediate credit instead of waiting for the clearing of other Bank Cheque or provide

Standing instruction fer automatic debit from their savings account 'and credit intox‘their RD account. if any customer still insists on deposit through other bank cheque, his/her cheque should be lodged only through his/her savings account and further deposit should, be made by debiting his/her savings account.

5. All MPKBY Agents who are submitting other Bank Cheques pertaining to some RD depositors should be suitably informed that from 1st Nov.2015, all such customers should be asked to submit POSB Cheque only for their subsequent deposit and if they donot have savings account opened in any CBS Post Office, they have to open Savings Account with cheque Books. In case of RD Deposits through MPKBY Agents,other bank cheques can be accepted up to 31.10.2015 only.

6. All Closure Maturity Values/Premature Closure Values/Death 'Claim values of any Account/Certificate ( if value is RS.20.000/- or above) should be credited to the Post Office Savings Account of the Customer/Legal Heir/Nominee only in all CBS Post Offices.

7. in respect of point number 6, no cheque from Postmaster bank Account should be issued and Postmaster Repayment Office Account number 0340 should not be used for any such purpose with effect from 15.10.2015.

8. Customers/Nominee/legal heirs should be requested to mention Savings Account Number on the receipt side of SB7/SB7A or Certificates. SBCO/DAP while cheking of closed Vouchers/discharged certificates of CBS Post Offices should invariably check this and inform higher Authorities in case of any discrepancy.

9. Counter PA will enter only Customer/Nominee/legal Heir's Savings Account standing at any CBS Post Office in the field of Repayment ID In Finacle. 

10. " Before entering Savings Account number, Counter PA and Supervisor have, to ensure that status of KYC in the CIF is "KYC Documents Submitted" and the account is not silent.

11. if KYC status of the account is " KYC Document not submitted", fresh KYC documents are to be taken from the customer/nominee/legal heir and KYC Form is sent to CPC for scanning/uploading. Counter PA has to enter KYC document details in ClF and update status to " KYC Documents Submitted"and Supervisor has to verify the same. Then Savings Account has to be eneterd as Repayment Account D.

12. if any customer/Nominee/legal heir has no Savings Account in any of the CBS Post Office. He/She should be politely requested to open a new Savings Account with Rs.20/- or Rs.500/- (if Cheque Book or ATM card is required) by Just filling ClF Number and Signature on the AOF (if customer is ”already having ClF and submitted proper KYC documents). if customer does not have ClF, then anew account has to be opened as per normal practice (may be in case of nominee/legal heir).

13. All MIS/SCSS/TD Account Holders who are coming to post office for taking interest in cash should also be requested to Open savings account and give standing instruction for credit of interest so that they need not to visit post Office frequently and stand in long queue; instead they can be issued ATM/Debit Card to withdraw from ATMs. No cash payment of interest should be given

from 1.12.2015.

14. it is requested to circulate this order to all CBS Post Offices and non CBS Post Offices may start requesting customers to open Savings Accounts to avail all the benefits once office is migrated to CBS.

Your Faithfully

(Kawal Jit Singh)

Assistant Director (SB-II)

OPEN SAVINGS ACCOUNT IN A CBS POST OFFICE TO AVAIL ALI.

BEN EFlTS/ INSTANT ALERTS

1. Instant cash withdrawal and view of all Financial Transactions under one Passbook/Statement.

2. Instant Issue of ATM cum Debit Card FREE of Cost.

3. Instant issue of Cheque Book FREE of cost.

4. No Annual Charge for ATM card and cheque Books are also FREE of cost.

5. No Need to visit Post Office and stand in queue for withdrawal of Interest.

6. Internet Banking/Mobile Banking facilities FREE of cost.

7. instant FREE SMS on cash withdrawal

8.. Instant FREE SMS on Fund Transfer.

9. Instant FREE SMS on RD Deposit.

10. Advance FREE SMS against accounts MlS/TD/SCSS/PPF/Certificates maturing.

11. Deposits/Withdrawals at any CBS Post Office across India FREE of cost

12. Account Closure Facility at any CBS Post Office across India FREE of Cost

.

13. Instant Account Transfer across CBS Post Offices FREE of Cost.

14. Automatic Interest credit of MlS/SCSS/TD across CBS Post Offices FREE of Cost

15. Automatic credit of RD deposits from Savings Accounts across CBS Post Offices in India FREE of Cost.

16. Instant credit of maturity amount of any MlS/TD/SCSS/PPF/SSA/Certificate product FREE of Cost.

17. No Need to wait for Postmaster cheque and deposit it in any other account or wait for clearing. Credit into Savings Account Saves delay is getting payment/reinvestment.

18. Passbook can be updated at any CBS Post Office FREE of cost.

19. Cheque issued from POSB Cheque Book is treated at Par by all CBS Post Offices across India.

20. Many more facilities to come.

Note:-

(i) Savings Account can be opened with Rs.20/-. If Cheque Book or ATM Card is required, Account can be opened with Rs.500/-.

(ii) No need to furnish fresh KYC If any type of account/certificate already opened/purchased after migration of that Post Office to CBS.

(iii) No need to fill whole Account opening Form again if KYCs are already submitted. Only furnish CIF number and sign the Form with cash of Rs,20 or Rs.500/- (as the case may be) to open Savings Account in CBS Post Office.

(iv) Do not forget to get Passbook after opening of Savings Account.

Source: http://www.indiapost.gov.in/dop/pdfbind.ashx?id=1630

Read more: http://www.staffnews.in/2015/10/mandatory-useopening-of-savings-account.html#ixzz3oQ4LNy3g
Under Creative Commons License: Attribution Share Alike
Follow us: @karnmk on Twitter | cgenews on Facebook

Acceptance of Passport. Aadhar card and PAN card as a valid document for age proof of girl child for opening of Sukanya Samriddhi Account

Acceptance of Passport. Aadhar card and PAN card as a valid document for age proof of girl child for opening of Sukanya Samriddhi Account- reg.

SB ORDER No. 111/2015

F.No. 116-57/2014-SB

Government of lndia 4

Ministry of Communications & lT

Department of Posts

Dak Bhawan, Sansad Marg, A

New Delhi-110001, Dated: ‘ 28.09.2015

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

Subject: - Acceptance of Passport. Aadhar card and PAN card as a valid document for age proof of girl child for opening of Sukanya Samriddhi Account- reg.

Sir/Madam,

I The undersigned is directed to say that this office. has received some complaints regarding non acceptance of Passport, Aadhar card and ‘PAN card as a valid document for age proof of girl child for opening ‘of Sukanya Samriddhi Account.

2. The matter was examined and it has been decided by the Competent Authority to accept Passport, Aadhar Card and PAN card as a valid document for age proof of girl child for opening of Sukanya Samriddhi Account in'case date of birth certificate of girl child is not available. It is, therefore, requested to circulate this instruction to all field units for information and necessary action. .

            This issues with the approval of DDG (FS).

Yours fathfully,

(Kawal Jit $ingh)

 Assistant Director(SB-II)

Source: http://www.indiapost.gov.in/dop/pdfbind.ashx?id=1637

Read more: http://www.staffnews.in/2015/10/acceptance-of-passport-aadhar-card-and.html#ixzz3oQ3dIrUv
Under Creative Commons License: Attribution Share Alike
Follow us: @karnmk on Twitter | cgenews on Facebook

Special Cover on Digital India Post – 9th October 2015.

World Post Day is celebrated each year on 9th October, to commemorate the establishment of the Universal Postal Union (UPU) in 1874 in the Swiss capital, Berne. It was declared as World Post Day by the UPU Congress held in Tokyo, Japan, in 1969 and since then, it is celebrated all over the world to highlight the importance of the postal services.

 

India Post is celebrating National Postal Week from 9th to 15th October, 2014. The purpose of World Post Day is to create awareness about the role of the postal sector in the lives of people and business and its contribution to the social and economic development of the country. Department of Posts has actively entered into the digital era through counter mechanization and an IT modernization project that aims to connect all post offices across the country and this year the theme of celebration of World Post Day and National Postal Week is Digital India Post.

 

On the occasion of World Post Day a Special Cover on ‘Digital India Post’ was released at Mumbai on 9th October 2015.

L to R : Shri P.N.Rajnit Kumar PMG Mumbai Region, Shri A.K. Dash CPMG Maharashtra, Chief Guest of the function Ms V. K. Tahilramani Chief Justice, Shri V. K. Gupta PMG (Mails and BD) and Shri Sahid Rasid DPS (HQ)

 

 

 

Image Courtesy: Jigar Desai, Mumbai

Source AIAIASP

NPS Launched its page on FaceBook

NPS Launched its Facebook page : www.facebook.com/nps.NSDL

Mayor writes to Shri. Ravi Shankar Prasad technical glitches in postal dept

VARANASI: To seek the attention of communications and information technology minister Ravi Shankar Prasad towards the persisting problem of technical glitches in computers at post offices since September 19, mayor Ramgopal Mohaley wrote a letter to him on Friday. 

The letter seeks his intervention in order to continue the confidence of loyal account holders in postal system. 

"If officials at the post office are to be believed, the work has been affected as the server has been down for over 20 days. Too many technical glitches have slowed down the computers," said mayor. "People have resorted to protests and demonstrations in front of post offices. The officials at the post office have not only failed to convince the people but have also dwindled their faith in the postal system and services," he added. 

Underscoring the problems being faced by people in his letter, mayor wrote, "Unable to make transactions from accounts including pension, recurring, FD and monthly income schemes, the helpless people are bound to borrow money for their daily use. The account holders have started asking the postal department to make up for their losses for that particular time period by giving highest interest rates." 

Concluding his letter, mayor requested the communications minister to intervene in this matter as soon as possible and direct the senior officials of city's postal department to figure out an immediate solution to this problem.

Source: The Hindu

List of Indian Public Sector / Private Sector Banks

List of Indian Public Sector Banks :- 
(Click to visit the website of the Bank)

Nationalized Banks, State Bank Group Banks have been included here  as PS Banks :

List of Indian Public Sector Banks

Allahabad Bank

Andhra Bank

Bank of Baroda

Bank of India

Bank of Maharashtra

Canara Bank

Central Bank of India

Corporation Bank

Dena Bank

IDBI Bank Limited

Indian Bank

Indian Overseas Bank

IDBI Bank   Industrial Development Bank of India

Oriental Bank of Commerce

Punjab & Sind Bank

Punjab National Bank

State Bank of Bikaner and Jaipur

State Bank of Hyderabad

State Bank of India

State Bank of Mysore

State Bank of Patiala

State Bank of Travancore

Syndicate Bank

UCO Bank

Union Bank of India

United Bank Of India

Vijaya Bank

List of Private Sector Banks in India

Axis Bank

Catholic Syrian Bank Ltd.

IndusInd Bank Limited

ICICI Bank

ING Vysya Bank

Kotak Mahindra Bank Limited

Karnataka Bank

Karur Vysya Bank Limited.

Tamilnad Mercantile Bank Ltd.

The Dhanalakshmi Bank Limited.

The Federal Bank Ltd.

The HDFC Bank Ltd.

The Jammu & Kashmir Bank Ltd.

The Nainital Bank Ltd.

The Lakshmi Vilas Bank Ltd

Yes Bank

List of Private Sector Banks Since Merged with other banks

The Nedungadi Bank (merged with PNB)

The Bank Of Rajasthan (merged with ICICI in 2010)

Bharat Overseas Bank (Merged with Indian Overseas Bank)

Lord Krishna Bank (Merged with Centurion Bank of Punjab, which was merged with HDFC Bank)

The Sangli Bank (merged with ICICI Bank in 2006)

The Ganesh Bank of Kurundwad (merged with Federal Bank) 

Global Trust Bank (merged with Oriental Bank of Commerce - 14th August 2004)

Bank of Punjab (merged with Centurian Bank, which was later on merged with HDFC Bank)

Centurion Bank (merged with HDFC Bank)

SBI Commercial and International Bank Ltd.(Acquired by SBI in 2011)

United Western Bank was merged into IDBI Bank (2006)
Source SA PoSt

World Post Day Special: What you didn't know about the postal system

This World Post Day, the Philatelic Society of India gives interesting inputs on posting and philately for those who still have immense faith in the written word.

When was the last time you wrote a letter to a friend or a loved one? Gone are the days when people would stand in long queues outside the post office to get their letters stamped, be it seasonal greetings or just plain letters.

October 9, being widely celebrated as World Post Day, we took the opportunity to pay a tribute to the age-old tradition of letter writing. This day marks the anniversary of the establishment of the Universal Postal Union (UPU) in 1874 in Switzerland. But it was only in 1969 that it was marked as World Post Day by the UPU Congress, held in Japan.

The renowned Philatelic Society of India located in Mumbai has been around since 1897, founded by a few enthusiastic British philatelists, and with 118 years of experience in global postage. “Philately is basically a hobby of collection of postal stamps, history and records,” says Kapil Gogri, Governing Council Member of the Philatelic Society of India. Currently, the society aims at encouraging people to develop their hobby, and even exhibits the stamp collections of local people.

The loyalists

Alannah Fernandes, who is an ardent fan of writing handwritten letters, has been doing so for the past 15 years. She says, “While letter writing does add a personal touch, I feel it is rather uncommon today, which makes such letters even more special.” However, there are doubts about whether handwritten letters would eventually stop. To this, Fernandes says, “I don’t think that handwritten letters would ever stop because I feel that there would still be individuals who’d prefer writing letters for their own personal reasons and I feel that they should be rightfully catered to.”

Would technology finally conquer?

Battling the notion that the Internet would eventually overpower every medium of communication, we believe that there will still be a select few who will be loyal to the traditional ways. “Technology has tried replacing almost everything but some things like writing letters and anxiously waiting for a reply is a form of nostalgia that can never be replaced by any form of technology,” says Elaine D’Souza, another lover of the written word.

Gogri, however, disagrees. “Of course, it will go extinct. However, email isn’t the only component. The younger generation is far more accustomed to instant social media like Facebook and WhatsApp, than physically written letters.” Moreover, there is a visible decline in the knowledge and ability to appreciate stamps and realise their worth, he says. However, Jonathan Kale, who still prefers to write handwritten letters to his best friend, adds, “Depending on the changing generation, I think there will be a drop in the number of people writing letters. Looking at how things have evolved, and with so many messaging platforms coming up, it seems difficult for letters to sustain their position.”

Celebration galore

In order to celebrate World Post Day this year, a franking system will be used. This includes a machine designed to stamp letters in large numbers, which would prove helpful to people, who need to post several letters. Our Father of the Nation, Mohandas Karamchand Gandhi’s message of Swachh Bharat will also be imprinted on the stamp.

Facts about forgery

Indian stamps are made in the security press at Hyderabad and Nashik.

Fake stamps are known as phantoms, which are essentially forgeries.

Postal offices registered with UPU provide official stamps. Those who are not registered with UPU make their own stamps, which are not authentic.

Source : http://www.dnaindia.com/

Source SA PoSt blog

Employment News : 10th October to 16 October 2015.

EMPLOYEES’ STATE INSURANCE CORPORATION  Name of Post – Insurance Medical Officer (IMO) Grade- II (Allopathic), Specialists Grade – II (Senior Scale), Specialists Grade – II (Junior Scale), Junior Engineer (Civil), Junior Engineer (Electrical).  No. of Vacancies – 670 Last Date –10.11.2015 ALL INDIA INSTITUTE OF MEDICAL SCIENCES, JHODHPUR Name of Posts –Assistant Nursing Superintendent, Staff Nurse Grade-I, Staff Nurse Grade- II No. of Vacancies - 615 Last Date – 30 days after publication RESERVE BANK OF INDIA SERVICES BOARD, MUMBAI Name of Posts – Officer in Grade B No. of Vacancies – 134 Date- 23.10.2015 UNIVERSITY OF DELHI Name of Posts – Professor, Associate Professor, Assistant Professor  No. of Vacancies –123 Last Date – -Within two weeks from the date of publication KUMAUN UNIVERSITY, NANITAL, UTTARAKHAND Name of Post –Professor, Associate Professor, Assistant Professor No. of Vacancies -53 Last Date: – 14.11.2015

Source : http://employmentnews.gov.in/