Clarification regarding the premature closure of 5-year Time Deposit (TD) accounts after completion of four years – Applicability of 2% deduction in respect of accounts opened between 12.12.2019 and 09.11.2023

Clarification regarding the premature closure of 5-year Time Deposit (TD) accounts after completion of four years – Applicability of 2% deduction in respect of accounts opened between 12.12.2019 and 09.11.2023

Premature Closure of 5-Year Time Deposit Accounts: Department of Posts Clarifies Applicability of 2% Interest Deduction for Accounts Opened ...

Clarification on Premature Closure Interest Rules for 5-Year Time Deposit Accounts Opened Before 09 November 2023

Clarification on Premature Closure Interest Rules for 5-Year Time Deposit Accounts Opened Before 09 November 2023

Premature Closure of 5-Year Time Deposit (TD) Accounts Reference: Ministry of Finance, Department of Economic Affairs (Budget Division) Of...

CBS CPC Guidance on Interest Table Code for Exceptional SSA Closure

CBS CPC Guidance on Interest Table Code for Exceptional SSA Closure

  SSA Closure: Use ZERO Code CBS CPC has advised that, during HINTTM before an exceptional SSA closure, the Interest Table Code should be se...

Accounting and filing of TDS returns as per SB Orders 12/2025 and 16/2025

Accounting and filing of TDS returns as per SB Orders 12/2025 and 16/2025

  No. CPRC/39-1/2025 भारत सरकार / Government of India डाक विभाग / Department of Posts केंद्रीकृत प्रोसेसिंग एवं समायोजन केंद्र / Centralized...

Clarification regarding issuance of ATM cards to POSB customers

Clarification regarding issuance of ATM cards to POSB customers

F.No. CB-25/28/2020-FS Government of India Ministry of Communications Department of Posts (FS Division) Dak Bhawan, Sansad Marg, New Delhi-1...

Clarification regarding Transfer / Closure of Joint A & B accounts

Clarification regarding Transfer / Closure of Joint A & B accounts

  Note1: All operations of account including closure / issue of duplicate passbook and transfer of account etc shall be allowed to be carrie...

Clarification regarding Investment by NRI or OCI in Post offices

Clarification regarding Investment by NRI or OCI in Post offices

  NRIs are not eligible to fresh investment in Post offices. If a depositor subsequently becomes NRI during the currency of the account, the...

Regularization and Closure of Sukanya Samriddhi Account (SSA) - Case Study

Regularization and Closure of Sukanya Samriddhi Account (SSA) - Case Study

  Case 1: Account Opened in Compliance with SSA Rules If verification confirms that the SSA was opened after the child’s birth and within th...

Clarification on SB order 05/2024 on Guidelines of regularization of accounts opened in deviation of Rules stipulated under National Small Savings Schemes.

Clarification on SB order 05/2024 on Guidelines of regularization of accounts opened in deviation of Rules stipulated under National Small Savings Schemes.

 SB Order No. 05A/2024 No. FS-113-03/2024 भारत सरकार/Government of India adimal संचार मंत्रालय Ministry of Communications डाक विभाग / Depart...

SB Order 05/2024 - Regularization of accounts opened in deviation of Rules stipulated under Savings Schemes

SB Order 05/2024 - Regularization of accounts opened in deviation of Rules stipulated under Savings Schemes

  Source :  https://utilities.cept.gov.in/dop/pdfbind.ashx?id=9960

Clarification on SSA Closure in Post Offices

Clarification on SSA Closure in Post Offices

  SSA Closure - Clarification Can girl continue SSA even after Marriage? It is completely girl's discretion whether to continue account ...

Clarification on operation of Sukanya Samriddhi Account (SSA) in the cases of gender transformation of girl child - dtd 18/09/2023

Clarification on operation of Sukanya Samriddhi Account (SSA) in the cases of gender transformation of girl child - dtd 18/09/2023

Clarification on operation of Sukanya Samriddhi Account (SSA) in the cases of gender transformation of girl child - dtd 18/09/2023 No. FS-10...

SSA Death Claim case if no nominee in Post Offices

SSA Death Claim case if no nominee in Post Offices

Dealt of death cases of SSA and all other schemes in case of no nominee in force    (i)(b).In case of death of minor / person of unsound m...

Dealing of non migrated account in Finacle - Short Payment due to wrong opening date

Dealing of non migrated account in Finacle - Short Payment due to wrong opening date

  When date of opening of the account is migrated wrongly, resulting short payment to the Depositor Assume that a KVP with Denomination t 50...

Dealt Non Migrated POSB Account in DOP Finacle when date of opening wrongly migrated and resulting in excess payment

Dealt Non Migrated POSB Account in DOP Finacle when date of opening wrongly migrated and resulting in excess payment

  When date of opening of the account is wrongly migrated and resulting in excess payment to the Depositor This illustrations explain clearl...

Clarification on SSA Account is Opened in Contravention

Clarification on SSA Account is Opened in Contravention

  Clarification on SSA Account is Opened in Contravention of Rules : i.e, Account opened by grandparents or more than one accounts for a gir...

Procedure to be followed to change MPKBY Agent for RD Account

Procedure to be followed to change MPKBY Agent for RD Account

  MPKBY Agent Change for RD account Conditions, Procedure to be followed as per CBS Manual RD Customer can Change MPKBY Agent (11). Change o...

PPF Withdrawal eligibility conditions

PPF Withdrawal eligibility conditions

   Withdrawal Partial withdrawal is allowed from 7th financial year of opening the account Only one withdrawal is allowed per financial year...

Dealing of Non Migrated POSB Account in DOP Finacle when it is migrated in wrong scheme

Dealing of Non Migrated POSB Account in DOP Finacle when it is migrated in wrong scheme

  How to deal the non migrated account when migrated in wrong scheme? For clarity regarding handling these transactions at post offices, fol...

Dealing of non migrated account in Finacle - Short Payment due to wrong opening date

Dealing of non migrated account in Finacle - Short Payment due to wrong opening date

  When date of opening of the account is migrated wrongly, resulting short payment to the Depositor Assume that a KVP with Denomination t 50...