ENTRY OF INTEREST IN PASSBOOKS OF BO ACCOUNTS
As per SB Order No. 3/2019, Rule-49 of POSB CBS Manual has been amended by inserting Sub Rule-6 which reads as follows:
After 3lst of March of every financial year, BPM should collect all SB and SSA Passbooks irrespective of whether those were presented for transaction or not and issue receipt from SB-28 to the depositors. These Passbooks should be sent to Account Office for entry of interest. BPM shall prepare list of such accounts in duplicate in the below format separately for SB and SSA and retain one copy of such list in BO:-
sl. No
Account Number
Name of Depositor
Date of receipt of Pass book(PB)
Date on which sent to AO
Date on which PB received from AO
Date of delivery of PB to the Depositor or return of PB to AO for safe custody
Aquittance of depositor for receipt of PB.
On receipt of Passbook from BO, Account office shall tally the balance shown in the Passbook with the balance shown in the account in Finacle CBS/Sanchay Post and print the transaction of interest in the Passbook using Passbook printer. Difference if any in the balance should be immediately be identified and Passbook should be sent to the Divisional head for further inquiry. Those Passbooks where there is no difference in balance should be returned to the BO for delivery to the depositors.
Click here for SB Order No. 3/2019
