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sb_orders_2025

 

SB ORDERS ISSUED IN THE YEAR 2025

DATE OF ISSUE 

SB ORDER NO.

 SUBJECT

 DOWNLOAD

01/01/2025

1/25

Paperless KYC (e-KYC) process in POSB - Account opening & Transactions through Aadhaar Biometric Authentication -



17/03/2025     



12/06/2025    
2/2025    



2A/2025




Deployment of Withdrawal facility from MSSC accounts in Finacle and SOP


Introduction of ECS facility for crediting the Withdrawal to other bank accounts
    

   

28/03/2025     3/2025 Discontinuation of MSSC Scheme with effect from 1.4.2025    

 28/03/2025    

4/2025 

Revision of Interest rates with effect from 1.4.2025

    

03/04/2025     

5/2025 

 Amendment to Savings Promotion Rules, 2018-Fee for cancellation or revision of Nomination 

    

04/04/2025         

 6/2025

 Amendment to TDS deduction under various POSB schemes as per the Income Tax act 1861 notified in Finance Act 2025 with effect from 1.4.2025- Increasing the exemption limit for assessing taxable income

    

30/04/2025 


07/07/2025

7/2025 


7A/2025

 Extension e-KYC functionality for opening TD, MIS, NSC and KVP accounts

Extension of e-KYC functionality for RD and PPF accounts

 

07/05/2025 

8/2025 

 Introduction of downloading interest certificate from DOP Internet banking

     

30/06/2025 

9/2025 

Revision of Interest rates of POSB schemes with effect from 1.7.2025

     

15/07/2025 

10/2025 

Freezing of Small Savings Schemes Accounts matured but not closed even after 3 years- To be done twice a year