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SB_orders-2020

 


LIST OF SB ORDERS ISSUED DURING 2020

 

DATE OF ISSUE

SB ORDER NO

SUBJECT

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01/01/2020

1/20

Revision of Interest rate from 1.1.2020

 

09/01/2020

2/20

Deduction of TDS for cash withdrawal above Rs.1 crore

 

10/01/2020

3/20

Fees for various POSB services

 

14/02/2020

4/20

Amendment to procedural rules relating to NSC- Nomination, transfer from one individual to another, pledging as security, Minimum amount for opening of NSC, types of NSC a/cs, Feeds for various services, payment of maturity value and post maturity interest

 

14/02/2020

5/20

Amendment to procedural rules relating to KVP

 

14/02/2020

6/20

Amendment to procedural rules relating to MIS

 

14/02/2020

7/20

Amendment to procedural rules relating to Time Deposits- Types of a/cs, payment of interest, extension of a/c, premature closure

 

14/02/2020

8/20

Amendment to procedural rules relating to PPF – type of a/c, minimum deposit, extension of a/c, payment of interest, loan facility,

 

14.02.2020

9/20

Amendment to procedural rules relating to SSA – same as above – Nomination, Transfer of a/c, operation of a/c, death claim

 

14/02/2020

10/20

Amendment to procedural rules relating to RD – Type of a/c, Discontinued a/cs, Rebate, Loan, extension period, Protected savings scheme

 

14/02/2020

11/20

Amendment to procedural rules relating to SCSS – Type of a/c, minimum and maximum deposits, death claim, extension of a/c, premature closure, Nomination

 

14/02/2020

12/20

Amendment to procedural rules relating to SB- Type of a/cs, Nomination, KYC, transfer of a/cs, Maintenance charges for not keeping minimum balance of Rs.500/-,  Cheque collection charges, issue cheque books, dishonoured cheque fee,

 

02/03/2020

13/20

Amendment to POSB(CBS) Manual -Appendix-XX, XXI, XXII, XXIII added. Transfer of account from one  Post office to  another and from one post office to bank and vice versa – fee fixed.

 

31/03/2020

14/20

Waiver of Penalty/ Revival Fee in RD/PPF/SSA accounts during Covid period

 

31/03/2020

15/20

Revision of interest rates from 1.4.2020

 

13/05/2020

15/20(A)

Revision of interest rates from 1.4.2020

 

11/04/2020

16/20

Relaxation in maximum deposit limit in PPF/SSA accounts due to Covid

 

15/04/2020

17/20

Common/Modified forms to be used in Savings Schemes for CBS and Non-CBS Post offices

 

24/04/2020

18/20

Extension of PPF scheme upto Single handed Post offices

 

26/05/2020

19/20

Extension of time limit for investment in SCSS upto 30.6.2020

 

29/05/2020

20/20

Covid-19 relaxation in RD deposit, default fee and rebate

 

11/06/2020

21/20

Incentive to GDSBPMs for opening of TD accounts

 

18/06/2020

22/20

Acceptance of cheques at branch post offices for account opening and subsequent deposits

 

26/06/2020

23/20

Covid-19 – reduction in the rate of TDS in POSB schemes.

 

01/07/2020

24/20

Revision of Interest rates from 1.7.2020

 

03/07/2020

25/20

Covid – relaxation  in making deposits / extension in RD, PPF, SCSS and SSA accounts

 

21/07/2020

26/20

Discontinuation of taking receipt in ACG-17 from SAS/MPKBY agents for commission payment

 

23/07/2020

27/20

Extension of MIS, SCSS, KVP, NSC and PPF schemes upto GDS Branch Post offices through cheques

 

24/09/2020

28/20

Amendment in SB-5 and SB-5A passbooks

 

19/08/2020

29/20

Aadhar seeding facility through Withdrawal Form and Pay-in-slip

 

28/08/2020

30/20

Issue of duplicate NSC and KVP

 

28/08/2020

31/20

Settlement of deceased claim cases- Procedure

 

23/09/2020

32/20

Acceptance of Withdrawal form for subsequent deposits and opening of accounts at GDS Branch Post offices

 

01/10/2020

33/20

Revision of interest rates from 1.10.2020

 

07/10/2020

34/20

Change of procedure for generation of LOTs, Consolidation Journal and handling of vouchers at CBS post office

 

29/10/2020

35/20

Savings Bank related forms in Hindi and English

 

06/11/2020

36/20

Revision of deceased claim sanction limits.

 

10/11/2020

37/20

Transfer of a/cs can be done by HPOs only

 

31/12/2020

38/20

Revision of Interest rates from 1.1.2021