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General_GDS_Withdrawals

 TRANSACTION LIMITS  AT GDS BRANCH POST OFFICES


As per SB Order No. 2/2021,  GDS BOs are authorised to allow withdrawals upto Rs.20000/- from Savings accounts without obtaining sanction/approval  of SO/Account office.

As per SB Order No. 3/2021,  No BPM shall accept cash deposit transaction for more than Rs.50,000i- in an account in a day. Further till the PPF/SCSS/MIS/KVP/NSC schemes are made available in RICT CBS App, deposit in these accounts is to be accepted by withdrawal form or cheque only.



As per SB Order No. 6/2026 dated 22.6.2026, eKYC operations and interoperability of Savings accounts have been introduced at Branch Post Offices also.  The Standard Operating procedure in this regard has also been circulated along with the SB Order.  Now Branch Post offices will be able to  accept transactions of deposits and withdrawals if the depositor is having eKYC or willing to provide eKYC. Branch offices will also be able to do transactions of accounts standing open at other post offices if such accounts are having eKYC. In the initial phase, the following facilities are introduced at Branch offices : 


(i). Converting the existing non-e-KYC customers to e-KYC customers

(ii). Acceptance of deposits up to 50,000/- in PO Savings Accounts (POSA), Recurring Deposit (RD) Accounts and Sukanya Samriddhi Accounts (SSA) on bio-metric authentication of the depositors, without pay-in-slip.

iii)  Allowing of withdrawals up to 20,000/- in POSA accounts on bio-metric authentication of the depositors, without withdrawal slip.

iv)  The facility will be available only for single-type accounts and not for minor/Joint accounts.

v) For high value deposits and withdrawals, BPM should follow the existing paper based process of obtaining the withdrawal application form and taking approval of the respective Accounts Office.


For more details SB Order 6/2026