DOP Finacle

Premature Closure of 5-Year Time Deposit Accounts: Department of Posts Clarifies Applicability of 2% Interest Deduction for Accounts Opened Before 09.11.2023 No. FS-10/27/2024-FS-DOP भारत सरकार / Government of India संचार मंत्रालय / Ministry of Commun…

Premature Closure of 5-Year Time Deposit (TD) Accounts Reference: Ministry of Finance, Department of Economic Affairs (Budget Division) Office Memorandum dated 16 July 2026 Subject Clarification regarding the applicability of 2% interest deduction…

SSA Closure: Use ZERO Code CBS CPC has advised that, during HINTTM before an exceptional SSA closure, the Interest Table Code should be set to ‘ZERO’ and the Start Date should be the account opening date. The mention of ‘TZERO’ in the CBS manual may…

No. CPRC/39-1/2025 भारत सरकार / Government of India डाक विभाग / Department of Posts केंद्रीकृत प्रोसेसिंग एवं समायोजन केंद्र / Centralized Processing and Reconciliation Centre चेन्नई / Chennai – 600002 दिनांक / Date: 11.03.2026 To All Heads of Circl…

F.No. CB-25/28/2020-FS Government of India Ministry of Communications Department of Posts (FS Division) Dak Bhawan, Sansad Marg, New Delhi-110001, Dated: 01.06.2021. To, All HoCs Subject: Clarification regarding issuance of ATM cards to POSB customers…

Note1: All operations of account including closure / issue of duplicate passbook and transfer of account etc shall be allowed to be carried out by either of Joint Depositors or Survivor (s) in case of Joint B Type Account in respect of all the Schem…

NRIs are not eligible to fresh investment in Post offices. If a depositor subsequently becomes NRI during the currency of the account, the account may be continued till its maturity on a non-repatriation basis. Such account shall not be extended bey…

Case 1: Account Opened in Compliance with SSA Rules If verification confirms that the SSA was opened after the child’s birth and within the permissible age limit (up to 10 years, or up to 14 years with late fee), follow these steps to regularize the…

SB Order No. 05A/2024 No. FS-113-03/2024 भारत सरकार/Government of India adimal संचार मंत्रालय Ministry of Communications डाक विभाग / Department of Posts वित्तीय सेवाएं प्रभाग / (Financial Services Division) Dak Bhawan, New Delhi - 110001 Dated: 11.10…

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

SSA Closure - Clarification Can girl continue SSA even after Marriage? It is completely girl's discretion whether to continue account or not after marriage. It is not mandatory to close the account after marriage. Rules are very clear. If she wa…

Clarification on operation of Sukanya Samriddhi Account (SSA) in the cases of gender transformation of girl child - dtd 18/09/2023 No. FS-10/17/2020-FS-Part(1)  Government of India  Ministry of Communications  Department of Posts  (F.S. Division) Dak …

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 mind account holder,  the  payment  shall be made  as follows.   Sl No. Scheme If there is no nominat…

When date of opening of the account is migrated wrongly, resulting short payment to the Depositor Assume that a KVP with Denomination t 50,000/- (Serial No. 7FGxxxx76) issued on 04.12.2015, in the name of Smt. Mamta Chatterji attends Kolkata GPO (SO…

When date of opening of the account is wrongly migrated and resulting in excess payment to the Depositor This illustrations explain clearly about the excess payment to the depositor due to wrong migration of of account opening date. Assume that a ll…

Clarification on SSA Account is Opened in Contravention of Rules : i.e, Account opened by grandparents or more than one accounts for a girl child, etc During introductory time many grandparents opened an SSA account for their grandchildren's irr…

MPKBY Agent Change for RD account Conditions, Procedure to be followed as per CBS Manual RD Customer can Change MPKBY Agent (11). Change of MPKBY Agent (i). Where the RD account has been initially opened through a MPKBY agent, the depositor may seek…

Withdrawal Partial withdrawal is allowed from 7th financial year of opening the account Only one withdrawal is allowed per financial year You are eligible for withdrawal if your account is active. In-active accounts won't qualify for withdrawal…

How to deal the non migrated account when migrated in wrong scheme? For clarity regarding handling these transactions at post offices, following illustrations may be referred. (When Account is migrated in wrong scheme) Assume that one NSS-87 account…

When date of opening of the account is migrated wrongly, resulting short payment to the Depositor Assume that a KVP with Denomination t 50,000/- (Serial No. 7FGxxxx76) issued on 04.12.2015, in the name of Smt. Mamta Chatterji attends Kolkata GPO (SO…