SB Orders 2023

SB Order No.
01/2023
No. 113-02/2019-SB
Government of India
Ministry of Communications
Department of Posts
(Financial Services Division)
Dak Bhawan New Delhi-110001

Dated: 09/01/2023.
To,
All Head of Circles/Regions,
Subject: - Regarding quick settlement of deceased claim cases of National

Savings Schemes.
Sir/Madam,
This is with reference to SB Order No. 31/2020 dated 28/08/2020, Addendum to

SB Order No. 31/2020 dated 16/09/2020 and 36/2020 dated 06/11/2020 in which revised
procedure and timeline for settlement of deceased claim cases were circulated. Further,
instructions on speedy settlement of deceased claim cases were issued vide this office even letter
no. dated 26.07.2022.
2. It has been observed that many post offices are not following prescribed
procedures and timeline for settlement of deceased claim cases. The common irregularities
noticed are mentioned below: -
a) Although issuance of a separate sanction memo by the Head Post Offices/Sub Post
Offices (operative offices) has been discontinued w.e.f. 01.01.2011 vide SB Order
No. 25/2010 dated 25.12.2010, still a separate sanction memo is being issued at the
post office level (HO/SO).
b) Sending sanction memo to claimant through Registered post by the Head Post
Offices/Sub Post Offices.
c) Verification of claim cases through PRI (P)/SDI (P).
d) Abnormal delay in settlement of deceased claim cases.
3. It is emphasized that the procedures prescribed in SB Order No. 31/2020 and

36/2020 have to be re-iterated to the field units. Post offices shall have to ensure settlement of
deceased claim cases within the timeline prescribed. Further, Head Post Offices/Sub Post
Offices should be sensitized to adhere the following guidelines for timely settlement of
deceased claim cases: -
(a) At the time of receipt of deceased claim case/ KYC documents, the KYC
document(s) of claimant shall be verified with the original KYC documents.
(b) If signature of witnesses is available on copy of the KYC documents, physical

presence of witnesses is not required.
(c) The claimant(s) should be sensitized to provide his/her Bank Account/PO

Savings Account detail at the time of submission of decease claim case for
transfer of payment and obtain Account Detail/signature on acquittance
portion, so that nominee(s)/claimant(s) need not visit post office again to get the
payment through cheque.
(d) No separate sanction memo is to be issued by Sub Post Office/Head Post Office
for settlement of deceased claim cases. SPM/PM shall sanction the claim on the
second part of Form-11 which is prescribed as ‘For Office Use Only’.
(e) Once a deceased claim case is received with complete documents, further verification
through PRI (P)/SDI (P) is not required.
(g) All post offices shall ensure settlement of deceased claim cases as per prescribed
timeline/norms i.e. one working day where nomination exists and seven working
days in other cases.
This issues with the approval of the competent authority.
Yours Faithfully
(Devendra Sharma)
Assistant Director (SB-II)
Copy to: -
1. Sr. PPS to Secretary (Posts)
2. PS to Director General Postal Services.
3. PPS/ PS to Addl. DG (Co-ordination)/Member (Banking)/ Member (O)/ Member

(P)/ Member (Planning & HRD)/ Member (PLI)/ Member (Tech)/AS & FA
4. Addl. Director General, APS, New Delhi
5. Chief General Manager, BD Directorate / Parcel Directorate / PLI Directorate
6. Sr. Deputy Director General (Vigilance) & CVO) / Sr. Deputy Director General
(PAF)
7. Director, RAKNPA / GM, CEPT / Directors of all PTCs
8. Director General P & T (Audit), Civil Lines, New Delhi
9. Secretary, Postal Services Board/ All Deputy Directors General
10. All General Managers (Finance) / Directors Postal Accounts / DDAP
11. Chief Engineer (Civil), Postal Directorate
12. All Sections of Postal Directorate
13. All recognized Federations / Unions/ Associations
14. GM, CEPT for uploading the order on the India Post website.
15. MOF(DEA), NS-II, North Block, New Delhi.
16. Joint Director & HOD, ICCW Building, 4 Deendayal Upadhyay Marg, New Delhi-
110002
17. Guard File
SB Order o. 26 t 2022
No. 113-03/2017-SB(Pt.1)
Govt. oflndia
Department of Posts
(F.s. Division)
Dak Bhawan, New Delhi' 110001

Dared: 30.01.2023
CoriEendum / Addendum
To
All Heade of Circlee / Regions
Subject: Revision of interest rates for Small Savings Schemes w.e.f. 01.01.2023.
Madam / Sir,
Kindly refer the SB Order No.2612022 dated 30.12.2022 issued in connection with
the subject cited above. In para 1 ofthe said order, " thfud quartel' may be read as "fourth
quartet''.
2. In connection with the revision of interest w.e.f. 01.01.2023, the undersigned is

directed to forward copies of gazette notifications issued by Department of Economic
Affairs, Ministry of Finance in connection with the revision of interest rates for fourth
quarter of FY 2022'23 for further necessary actions. Copies of the following notifications
dated 20.01.2023 are enclosed.
(il. G.S.R. 62(E) Kisan Vikas Patra (Amendment) Scheme, 2023

(ir. G.S.R. 53(E) National Savings Time Deposit (Amendment) Scheme, 2023
(iiil. G.S.R. 54(E) National Savings Certificatee (VIII Issue) (Amendment) Scheme, 2023
(iv). G.S.R. 55(E) National Savings (Monthly Income Account) (Amendment) Scheme, 2023
(v). G.S,R. 56(E) Senior Citizeng' Savings (Amenilment) Scheme, 2023
3. This is issued with the approval of Competent Authority.
Encl: As above.
-l-
(rc
Asst. r (SB'I)
Copy to:

2. PS to Director General Postal Servicee.
3. PPS/PS to Addl. DG (Co'ordinatiod/Member (Banking)/ Member (O)/ Member(P)
/Member (Planning & HRD)/lvlember (PLD/NIember (TecD/As & FA
6. Sr. Deputy Director General (Vigilance) & CVO) / Sr. Dy. Director General (PAF)
11. Chief Engineer (CiviD, Postal Directorate
t2. All Sections of Postal Directorate
13. All recogrrized Federations / Unions / Associations
14. GM, CEPT for kind information and necessary actions.
15. Deputy Secretary, DEA, MoF, NS'II, North Block, New Delhi - 1f0001.
16. Joint Director & HOD, ICCW Building, 4 Deendayal Upadhyay Marg, New Delhi
17. Guard File
Asst ctor (SB-I)

CG-DL-E-27012023-243265
xxxGIDExxx
EXTRAORDINARY
II (i
PART II Section 3 Sub-section (i)
PUBLISHED BY AUTHORITY
51] 27, 3 7, 4
No. 51] NEW DELHI, FRIDAY, JANUARY 27, 2023/MAGHA 7, 1944
625 GI/2023 (1)

2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II SEC. 3(i)]
II
[ II 3(i)] 3
MINISTRY OF FINANCE
(Department of Economic Affairs)
NOTIFICATION
New Delhi, the 20th January, 2023
G.S.R. 52(E). In exercise of the powers conferred by section 3A of the Government Savings Promotion
Act, 1873 (5 of 1873), the Central Government hereby makes the following scheme further to amend the Kisan Vikas
Patra Scheme, 2019, namely:-
1. Short title and commencement. (1) This Scheme may be called the Kisan Vikas Patra (Amendment)
Scheme, 2023.
(2) It shall be deemed to have come into force on the 1st day of January, 2023.
2. In the Kisan Vikas Patra Scheme, 2019 (hereinafter referred to as the said Scheme), in paragraph 5, -
(a) in sub-paragraph (1B), for the
be substituted;
(b) after sub-paragraph (1C), the following sub-paragraph shall be inserted, namely:-
3. In the said Scheme, in paragraph 6, in sub-paragraph (3),-

(a) in TABLE-
substituted;
(b) after TABLE-3, the following TABLE shall be inserted, namely:-
-4
[Table showing premature closure value of account opened on or after 1st day of
January, 2023 with 1000 rupees]
Period from the date of the certificate to the date of its encashment Amount payable inclusive of interest
(Rupees)
(1) (2)
Two and half years but less than three years 1162
Three years but less than three and half years 1198
Three and half years but less than four years 1234
Four years but less than four and half years 1272
Four and half years but less than five years 1311
Five years but less than five and half years 1351
Five and half years but less than six years 1392
Six years but less than six and half years 1435
Six and half years but less than seven years 1478
Seven years but less than seven and half years 1524
Seven and half years but less than eight years 1570
Eight years but less than eight and half years 1618
Eight and half years but less than nine years 1667
Nine years but less than nine and half years 1718
Nine and half years but before Maturity of Certificate 1771
On maturity of certificate
[F. No. 1/04/2016-NS]
ASHISH VACHHANI, Addl. Secy.
Explanatory Memorandum. - The Kisan Vikas Patra (Amendment) Scheme, 2023 takes effect from the date as
specified in the notification. However, no one shall be adversely affected as a result of retrospective effect being given
to this amendment Scheme.
Note : The principal Scheme was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)
vide number G.S.R. 920(E), dated the 12th December, 2019 and subsequently amended vide number G.S.R
283(E), dated the 5th May, 2020 and G.S.R. 837(E), dated the 22nd November, 2022.
II
[ II 3(i)] 5
NOTIFICATION
Act, 1873 (5 of 1873), the Central Government hereby makes the following Scheme further to amend the National
Savings Time Deposit Scheme, 2019, namely:-
1. Short title and commencement. - (1) This Scheme may be called the National Savings Time Deposit
(Amendment) Scheme, 2023.
2. In the National Savings Time Deposit Scheme, 2019 (hereinafter referred to as the said Scheme), in
paragraph 7,-
(a) in sub-
substituted;
(b) after sub-paragraph 1(B), the following sub-paragraph and Table shall be inserted, namely:-
after 1st day of January, 2023 under the Scheme.

TABLE
S. No. Category of account Rate of interest
(per cent. per annum)
(1) (2) (3)
1. One-year 6.6
2. Two-years 6.8
3. Three-years 6.9
4. Five-years
[F. No. 1/04/2016-NS]

Explanatory Memorandum.- The National Savings Time Deposit (Amendment) Scheme, 2023 takes effect from the
date as specified in the notification. However, no one shall be adversely affected as a result of retrospective effect
being given to this amendment Scheme.
Note: The principal Scheme was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i),
vide number G.S.R. 922(E), dated the 12th December, 2019 and subsequently amended vide number G.S.R.
289(E), dated the 5th May, 2020 and G.S.R. 838(E), dated the 22nd November, 2022.
[ II 3(i)] 7
II
NOTIFICATION
Act, 1873 (5 of 1873), the Central Government hereby makes the following Scheme to amend the National Savings
Certificates (VIII Issue) Scheme, 2019, namely:-
1. Short title and commencement. - (1) This Scheme may be called the National Savings Certificates (VIII
Issue) (Amendment) Scheme, 2023.
2. In the National Savings Certificates (VIII Issue) Scheme, 2019 (hereinafter referred to as the said Scheme), in
paragraph 5,-
(a) in sub-
substituted;
(b) after sub-paragraph (2A), the following sub-paragraph shall be inserted, namely:-
2B) The maturity value of an account opened on or after the 1st day of January, 2023 with one thousand
rupees shall be one thousand four hundred two rupees and fifty five paisa and proportionate for deposits
made with any other sum as per sub-paragraph (1) of paragraph 4. In calculation of maturity value, any
amount in fraction of a rupee shall be rounded off to the nearest rupee and for this purpose, any amount of
fifty paisa or more shall be treated as one rupee and any amount less than fifty paisa shall
(c) in sub-paragraph (3), in TABLE-
substituted;
(d) in sub-paragraph (3), after TABLE-2, the following TABLE shall be inserted, namely:-
-3
[For the certificates purchased on or after 1st day of January, 2023]
The year for which interest accrues Amount of interest (rupees) accruing on
certificated of Rs.1000 denomination
First Year 70.00
Second Year 74.90
Third Year 80.14
Fourth Year 85.75
Fifth Year 91.76
Note: The amount of interest accruing on a certificate of any other denomination shall be proportionate to the amount
specified in the Tab
3. In the said Scheme, in paragraph 7, in sub-paragraph(4), -
(a) in TABLE-
(b) after TABLE-2, the following TABLE shall be inserted, namely:-

-3
[Table showing premature closure value of account opened on or after the 1st day of January, 2023
with 1000 rupees]
Period from the date of the account to the date of its pre-mature Amount payable inclusive of interest (rupees)
closure
(1) (2)
Three years or more, but less than three years and six months 1191.02
Three years and six months or more, but less than four years 1226.23
Four years or more, but less than four years and six months 1262.48
Four years and six months or more, but less than five years
[F. No. 1/04/2016-NS]
Explanatory Memorandum.- The National Savings Certificates (VIII Issue) (Amendment) Scheme, 2023 takes
effect from the date as specified in the notification. However, no one shall be adversely affected as a result of
retrospective effect being given to this amendment Scheme.
284(E), dated the 5th May, 2020.
[ II 3(i)] 9
II
NOTIFICATION
Savings (Monthly Income Account) Scheme, 2019, namely:-
1. Short title and commencement. - (1) This Scheme may be called the National Savings (Monthly Income
Account) (Amendment) Scheme, 2023.
2. In the National Savings (Monthly Income Account) Scheme, 2019, in paragraph 5,-
(a) in sub-
be substituted;
(b) after sub-paragraph (1B), the following sub-paragraph shall be inserted, namely:-
[F. No. 1/04/2016-NS]

Explanatory Memorandum. The National Savings (Monthly Income Account) (Amendment) Scheme, 2023 takes
effect from the date as specified in the notification. However, no one shall be adversely affected as a result of
Note : The principal Scheme was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)
vide number G. S. R. 917(E), dated the 12th December, 2019 and subsequently amended vide number G.S.R.
286(E) dated the 5th May, 2022 and G.S.R. 839(E) dated the 22nd November, 2022.
II
NOTIFICATION
Act, 1873 (5 of 1873), the Central Government hereby makes the following Scheme further to amend the Senior
-
1. Short title and commencement. -
(Amendment) Scheme, 2023.
2. In -
(a) in sub-
be substituted;
(b) after sub-paragraph (1B), the following sub-paragraph shall be inserted, namely:-
the rate of 8.0 per cent. per annu

[F. No. 1/04/2016-NS]
Explanatory Memorandum.-
specified in the notification. However, no one shall be adversely affected as a result of retrospective effect being given
to this amendment Scheme.
Note: The principal Scheme was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)
287 (E), dated the 5th May, 2020 and G.S.R. 842(E), dated the 22nd November, 2022.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.
SB Order No. 02 12023
No. CB/2/2020-FS-Part(l)
Government of India
Department of Posts
(F.S. Division)
Dak Bhawan, New Delhi - I10001

Dated:21.02.2023
To
All Head of Circles / Regions
Subject: Deployment of functionality in Finacle CBS for SSA Withdrawal

facility and Amendment to procedural rule in POSB (CBS) Manual (Corrected up
to 31.12.202L) - Regarding.
***
In accordance with the provisions in Rule 8 of SSA Scheme 2019, withdrawal of
up to a maximum of fifty per cent ofthe amount in the account at the end of the frnancial
year preceding the year of application for withdrawal, shall be allowed for the purpose
of education of the account holder subject to the conditions that withdrawal shall be
allowed after the account holder attains the age of eighteen yeans or has passed
tenth standard, whichever is earlier.
(2). The application for withdrawal shall be accompanied by documentary

proof in the form of a confirmed offer of admission of the account holder in an
educational institution or a fee-slip from such institution indicating such financial
requirement.
(3). The withdrawal under sub-paragraph (1) may be made in one lump sum
or in instalments, not exceeding one per year, for a maximum of five years, subject to
the ceiling specified in sub-paragraph (l):
Provided that the amount of withdrawal shall be restricted to the actual

requirement on account of fee and other charges required at the time of admission as
shown in the offer of admission or the relevant fee-slip issued by the educational
institution.
4. Since there was no provision in Finacle for withdrawal from SSA account it was
prescribed in Rule 126 (2) (v) of POSB CBS Manual (Corrected up to 31.12.2021) that
if
till the provision is made for withdrawal from SSA Account, any request for
withdrawal is received, it will be handled manually by raising the ticket with CEPT.
2
/2t
5. The functionality for withdrawal from SSA account has been deployed in
Finacle on 20.02.2023. Accordingly, procedure in the Rule 126 (2) (v) of POSB CBS
Manual (Corrected up fo 31.12.2021) is amended as follows.
(v).(D. Counter PA has to collect the Application for Withdrawal along with the
documentary proof as prescribed in the relevant rules and scrutinize the application for
withdrawal as prescribed for withdrawal from savings account.
Note l: The amount shall be paid either in cash (up to { 20,000/-) or through cheque
or through transfer to Post Oflice Savings Account of the depositor or the guardian.
Note 2: If the depositor attained the majority, the withdrawal may be given through
cheque / PO Savings account of the depositor or guardian and if the depositor is minor,
withdrawal may be given through cheque or transfer to PO Savings account ofthe guardian.
(iD. Counter PA in Finacle
. Shall invoke CPWTM menu

. Select Cash / Transfer option, as applicable.
o Select Normal Withdraw
. Click on GO
. Enter SSA account in Account Number (Dr.) field. ; Iftransaction type is Transfer,
enter 0340 (for cheque) / POSA account of depositor or guardian, in Account
Number (Cr.) field;
. Enter arnount of withdrawal
. -
Select 'Reason for Withdrawal' 10s Pass / Attained age of 18 years
. Enter the FEES amount.
. Select 'Documents Received'option if reason is lOs Pass.
. Enter PAN number if amount of withdrawal is more than t 50,000/-
. Click on SIIBMIT
(iii). Counter PA shall note down the TRAN ID on the withdrawal form and transfer the
application for withdrawal along with the documentary proof for verification by the
Supervisor.
(lv). Supervisor strall veriff the documents, eligibility for withdrawal and transaction in
Finacle by using CPWTM menu.
Note: Counter PA and Supervisor should ensure that no urong withdrawal transaction is
performed in Finacle. If any wrong withdrawal transaction is performed, it should be
ensr.red that withdrawal transaction is posted, verified and not deleted. After verification in
CPWTM by Supervisor, Post Office by using the CPDTM menu may reverse the wrong
withdrawal in SSA account. Further, it should be ensured that partial amount is not reversed
through CPDTM and the exact amount ofwithdrawal should be reversed using report code
REVRS.
3
t5t
4. This may be circulated to all the Offices for information and necessary actions.
5. This is issued with the approval of competent authority.
Encl: As above.
Yours faithtully
(r AYAI9
Asst. (sB-r)
Cooy to:-
l. Sr. PPS to Secretary (Posts)

3. PPS/ PS to Addl. DG (Co-ordination/I4ember (Banking)/Member (O)/Ivlember (P/
Member (Plarming & HRD)/Member (Pll)/ivlember (Tech/AS & FA
6. Sr. Deputy Director General (Vig) & CVO) / Sr. Deputy Director General (PAF)
7. Director, RAKNPA / GM, CEPT / Directors of all PTCs.
I I . Chief Engineer (Civil), Postal Directorate
12. All recognized Federations / Unions / Associations
13. The Under Secretary, MOF (DEA), NS-II Section, North Block, New Delhi.
14. The Joint Director & HOD, National Savings Institute, ICCW Building, 4 Deendayal
Upadhyay Marg, New Delhi-l10002
15. GM, CEPT, Bengaluru.
16. Guard File
*).
(TC YA19
Ass (SB-D
SB Order No. 03 / 2023
No. FS-l0/17l2020-FS
Government of India
Department of Posts
(F.S. Division)
Dak Bhawan, New Delhi - 110001

Dated: 27.03"2023
To.
subiect: clarification on premature closure ofNSC account pledged in favour of

banks - Regarding.
{. 1. *
Rule 7(1) of National Savings Certificate Scheme, 2019 provides that the
account shall not be closed before maturity except in the following cases, namely: -
(a) on the death ofthe account holder in a single account, or any or all the
account holders in a joint account;
(b) on forfeiture by a pledgee being a Gazetted Officer, when the pledge is
in conformity with this Scheme;
(c) when ordered by a court.
2. TamilNaducircleinLr.No.sB/I00-33l2020lDlgsdatedll.0l.2023requestedfor
clarification and guidance on premature encashment ofNSCs on forfeiture by the Senior
Manager, Bank of India which is also a nationalized bank. Hence, the matter was taken
up with the Department of Economic Affairs, Ministry of Finance.
3. In response, Department of Economic Affairs, Ministry of Finance in OM No.

1413/2018-NS dated 20.03.2023 informed that the premature closure of the accounr is
pennissible under Paragraph 7(1) ofNational Savings Scheme,2019 and can be done
under this paragraph by following the prescribed conditions. A copy of the DEA. MoF,s
OM is attached for reference.
Encl: As above.
Yours faithfully
o a^9-
ogl29 ,a-
21t
(DEVENDRA SHARMA)
Asst. Director (SB-II)
Copy to:-
l. Sr. PPS to Secrerary (Posts)

3. PPS/ PS to Addl. DG (Co-ordination),Member (Banking),Member
(O),Member (P)/ Member (Planning & HRD),Member (pll)/t\4ember
(Tech)/AS & FA
5. chief General Manager, BD Directorate / Parcel Directorate / pLI Directorate
6. Sr. Deputy Director General (Vig) & CVO) / Sr. Deputy Director General
(PAF)
1 1. ChiefEngineer (Civil), Postal Directorate

15. GM. CEPT, Bengaluru.
16. Guard File
() bl zo23-
(DEVENDRA SHARMA)
b
F.No. l413/2018-NS
Ministry of Finance
Department of Economic Affairs
(Budget Division)
Noth Block, New Delhi

Dated: March 20,2023
OFF'ICE MEMORANDUM
Sub: Clarification on premature closure of NSC account pledged in favour of banks -

Reg.
The undersigned is directed to refer to DoP ID No.FS-10/17/2020-FS dated

10.02.2023 on the subject cited above. The matter has been examined in this Department
and it is to inform that the premature closure ofthe account is permissible under paragraph
7(1) of the National Savings Scheme, 2019 and can be done under this paragraph by
following the prescribed conditions.
(AK hotra)
)
Section Officer(NS)
Tele:01l-23095 155
{AD(SB-D, Department of Posts}
Dak Bhawan
New Delhi
SB Order No. 05/2023
F. No. FS-13/1/2023-FS-DOP
Government of India
Department of Posts
(F.S. Division)
Dak Bhawan, New Delhi – 110001

Dated: 31.03.2023
To,
Subject: Introduction of new scheme, “Mahila Samman Savings Certificate, 2023”

circulation of Notification regarding.
***
Sir/Madam,
The Ministry of Finance (DEA) has issued notification G.S.R.

237(E) dated 31.03.2023 in connection with introduction of new scheme ‘Mahila Samman
Savings Certificate, 2023”. This scheme shall be governed by this notification. Copy of the
notification is enclosed.
2. Mahila Samman Savings Certificates, 2023 (MSSC): - Salient Features
(a) Type of Account
(i) Account under this scheme can be opened for an individual girl or woman in whose
name the account is held.
(ii) On an application to the post office in prescribed form, a Single Holder Type
Account may be opened on or before 31.03.2025 by a woman for herself, or by the guardian
on behalf of a minor girl.
(b) Deposits
(i) A minimum of one thousand rupees and any sum in multiples of one hundred
rupees may be deposited in an account. Thereafter, no subsequent deposit shall be allowed in
the account.
(ii) There shall be a maximum limit for deposit of Rs. Two lakh in an account or
in all accounts under this scheme held by an account holder.
(iii) An individual may open any number of accounts in the scheme subject to the
maximum limit for deposit Rs. 2 Lakh and a time gap of three months between the existing
account and the opening of another account. For example, an account holder who opened an
account on 05.04.2023 with an amount Rs. 50,000, can open another account on or after
05.07.2023 with balance amount Rs. 1.50 lakh or part thereof.
(c) Interest
(i) The rate of interest applicable to the deposits under this scheme is 7.5 per cent per
annum. The interest shall be compounded on quarterly basis and credited to the account.
(ii) Post Office Savings Account interest shall be payable on an account opened or
maintained, in contravention of this scheme.
(d) Withdrawal from account
(i) The account holder shall be eligible to withdraw for maximum up to 40 per cent
of the eligible balance once after the expiry of one year from the date of opening of the
account but before the maturity of the account by making application in prescribed form.
(ii) In case an account opened on behalf of a minor girl, the guardian may apply for the
withdrawal for the benefit of the minor girl by submitting the following certificate to the post
office namely: - “ Certified that the amount sought to be withdrawn is required for the use and
welfare of Miss/Kumari …………………………………… who is a minor girl and is alive on
this …………….. day ……………. of …………(month) …………. (year).
(e) Payment on Maturity
The account shall mature on completion of two years from the date of the account
opening. Eligible Balance may be paid to the account holder on an application in Form-2
submitted to the post office concerned on maturity.
(f) Premature closure of account
(i) Account shall not be closed before maturity except in the following cases, namely:
-
(a) On the death of the account holder,
(b) Where the post office is satisfied, in cases of extreme compassionate
grounds such as medical support in life-threatening diseases of the Account holder or death of
the guardian, that the operation or continuation of the Account is causing undue hardship to the
Account holder, it may, after complete documentation, by order and for reasons to be recorded
in writing, allow premature closure of the Account.
Note: - In case of premature closure an application from the account holder/guardian shall be
obtained alongwith certificate of treating doctor or death certificate of guardian shall be
obtained.
(ii) Where an account is prematurely closed under conditions mentioned in para (f) (i)
above., interest on principal amount at the rate applicable to the scheme for which the account
has been held shall be payable.
(iii) Premature closure of an Account may be permitted, any time after the completion
of six months from the date of opening of an account by submitting prescribed form, for any
reason other than mentioned in para (f) (i) above, in such cases account shall be eligible only
for the interest rate less by two per cent points than the rate specified for this scheme (viz.
5.5%).
3. The provisions of the Government Savings Promotion General Rules, 2018 shall, so far as
may be, apply in relation to the matters for which no provision has been made in this Scheme.
4. For operation of this scheme in Finacle a “Standard Operating Procedure (SOP) has
been prepared and enclosed as Annexure.
5. Various forms prescribed for the scheme in the notification should be used. However, till
the receipt of Form-1 for opening of account, existing SB-AOF form for opening of account
may be used and it shall be ensured that declaration prescribed in para 3(2) of SB_AOF in
respect of details of existing Mahila Samman Savings Certificate, shall be obtained from the
account holder. For withdrawal from the account form SB-7C, for premature closure of
account form SB-7B and for maturity closure form SB-7A may be used.
6. This may be circulated to all the Offices for information and necessary actions. A wide
publicity should be given to this scheme on various platforms/modes.
Encl: As above.
Yours faithfully
(DEVENDRA SHARMA)
Copy to:-
3. PPS/ PS to Addl. DG (Co-ordination)/Member (Banking)/Member (O)/Member (P)/
Member (Planning & HRD)/Member (PLI)/Member (Tech)/AS & FA
Upadhyay Marg, New Delhi-110002
15. GM, CEPT, Bengaluru.
16. Guard File
(DEVENDRA SHARMA)
Annexure
Standard Operating Procedure for operation of Mahila Samman Savings Certificates,
2023 in Finacle
(1) This scheme will be available in all post offices across the country i.e. HO/SO/BO.
Note: - Post offices may accept Bank Cheque along with Account Opening Form/KYC
documents on 01.04.2023 and send the cheque for clearance through CTS. After receipt of
clearance post offices will open account on or after 03.04.2023.
(2) However, the process for necessary modification in RICT CBS application for Branch
Post Offices may take time.
(3) So, in order to facilitate rural customers to open account under the ‘Mahila Samman
Savings Certificates, 2023’ at the GDS Branch Post Offices, Account can be opened in
Branch Post offices through cheque or withdrawal form (SB-7) as per the procedure
prescribed vide SB Order No. 22/2020 and SB Order No. 32/2020.
(4) For opening of account, Account Opening Form, KYC form (for new customer) and KYC
documents as prescribed in rule 5 and 6 of Government Savings Promotion General Rules,
2018 should be obtained.
(5) Bank Cheque received for opening of the account under the scheme shall be lodged in
SOL ID+0382 as prescribed in SB Order No. 24/2021.
(6) For opening of account in Finacle the following procedure shall be followed: -
o Invoke menu CMISAOP à GO

o Enter CIF ID à
o Product Group à MSSC
o Scheme Code à MSSC à Go (F4)
o Mode of Operation à select as applicable.
o Deposit Amount à Enter amount of account opening
o Nomination à Yes à Enter nominee details.
o Transaction (Click on check box)
o Select Cash or Transfer (In case of Transfer enter PO Savings Account No or
SOL ID+0382.
o Click on Flow tab
o Submit
(i) Note down the Account ID and Tran ID on Account Opening Form/SB-103.
(ii) Supervisor shall verify the account opening by using menu CMISAOPV.
(iii) After verification of account passbook should be printed in HPBP menu and handover to
the account holder/guardian.
(iv) The details of transaction carried out for Mahila Samman Savings Certificate will be
available in Long Book Detailed Report and Long Book Consolidation Report.
(v) For relevant voucher shall be transferred to SBCO branch alongwith other vouchers.
(7) For premature closure and maturity closure of Mahila Samman Savings Certificate
in Finacle, procedure prescribed for MIS/TD closure shall be followed by using
HCAACTD menu.
(8) Procedure for withdrawal from Mahila Samman Savings Certificate in Finacle will
be issued shortly.
*****
रजिस्ट्री सं. डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-31032023-244822
xxxGIDHxxx
CG-DL-E-31032023-244822
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असाधारण
EXTRAORDINARY
भाग II—खण्ड 3—उप-खण्ड (i)
PART II—Section 3—Sub-section (i)
प्राजधकार से प्रकाजित
सं. 193] नई दिल्ली, िुक्रिार, माचि 31, 2023/चैत्र 10, 1945

No. 193] NEW DELHI, FRIDAY, MARCH 31, 2023/CHAITRA 10, 1945
जित्त मंत्रालय
(आर्थिक कायि जिभाग)
अजधसूचना
नई दिल्ली, 31 माचि, 2023
सा.का.जन. 237(अ).—कें द्रीय सरकार, सरकारी बचत संिधिन अजधजनयम, 1873 (1873 का 5) की धारा 3क
द्वारा प्रित्त िजियों का प्रयोग करते हुए, जनम्नजलजखत स्ट्कीम बनाती है, अथाित् :-
1. संजिप्त नाम और प्रारं भ– (1) इस स्ट्कीम का संजिप्त नाम मजहला सम्मान बचत प्रमाणपत्र, 2023 है ।
(2) यह रािपत्र में प्रकािन की तारीख को प्रिृत्त होगी ।
2. पररभाषाएं.- (1) इस स्ट्कीम में, िब तक दक संिभि से अन्यथा अपेजित न हो, -
(क) "खाता" से इस स्ट्कीम के अधीन खोला गया कोई खाता अजभप्रेत है ;
(ख) "खाताधारक" से कोई लड़की या मजहला जिसके नाम पर खाता है, अजभप्रेत है;
(ग) "अजधजनयम" से सरकारी बचत संिधिन अजधजनयम, 1873 (1873 का 5) अजभप्रेत है;
(घ) "प्रारूप" से इस स्ट्कीम से संलग्न कोई प्रारूप अजभप्रेत है;
(ड़) "साधारण जनयम" से सरकारी बचत संिधिन साधारण जनयम, 2018 अजभप्रेत है;
2176 GI/2023 (1)
2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
(च) "िषि" से खाते में िमा की तारीख से आरं भ होने िाली बारह मास की अिजध अजभप्रेत है।
2) उन िब्िों और पिों के िो इसमें प्रयुि हैं, और पररभाजषत नहीं हैं, िही अथि होंगे िो अजधजनयम और साधारण
जनयमों में उनके हैं ।
3. खाता खोलने के जलए आिेिन.- (1) इस स्ट्कीम के अधीन खाता खोलने के जलए, दकसी मजहला द्वारा स्ट्ियं के जलए या
अियस्ट्क लड़की की ओर से संरिक द्वारा 31 माचि, 2025 को या उसके पहले, खाता कायािलय में प्रारूप-I में आिेिन दकया
िाएगा।
2) इस स्ट्कीम के अधीन खोला गया खाता एकल धारक प्रकार का खाता होगा।
4. िमा.- (1) उप-पैरा (3) में जिजनर्ििष्ट िमा की अजधकतम सीमा के अधीन रहते हुए कोई व्यजि दकतने भी खाते खोल
सके गा और मौिूिा खाते तथा अन्य खाता के खोलने के बीच तीन मास का समय अंतराल रखा िाएगा।
(2) दकसी खाते में न्यूनतम एक हिार रुपये और एक सौ रुपये के गुणकों में कोई भी राजि िमा की िा सके गी और
उस खाते में कोई पश्चात्िती िमा की अनुमजत नहीं िी िाएगी।
(3) दकसी खाताधारक के खाते या खातों में अजधकतम िो लाख रुपए िमा दकए िाएंगे।
5. ब्याि.- (1) इस स्ट्कीम के अधीन की गई िमाओं पर 7.5 प्रजतित प्रजतिषि की िर से ब्याि िेय होगा। ।
(2) ब्याि जतमाही आधार पर संयोजित दकया िाएगा और खाते में िमा दकया िाएगा।
(3) इस स्ट्कीम के उपबंधों के अनुरूप न होने िाले दकसी भी खाते को खोले िाने या दकए गए िमा के संबंध में
खाताधारक को िेय ब्याि डाकघर बचत खाते पर लागू िर पर िेय होगा।
6. पररपक्िता पर भुगतान.- (1) िमा की तारीख से िो िषि पूणि होने पर िमाराजि पररपक्ि हो िाएगी और पात्र िेष
राजि का भुगतान खाताधारक को पररपक्िता पर लेखा कायािलय में प्रस्ट्तुत प्रारूप -2 में आिेिन पर दकया िा सके गा।
(2) पररपक्वता मूल्य की गणना में, रुपये के अंि में दकसी भी राजि को जनकटतम रुपये में पूणाांदकत दकया िाएगा
और इस प्रयोिन के जलए, पचास पैसे या उससे अजधक की दकसी भी राजि को एक रुपया माना िाएगा और पचास पैसे से
कम की दकसी भी राजि को जहसाब नहीं जलया िाएगा।
7. खाते से जनकासी.- (1) खाताधारक, प्रारूप -3 में आिेिन करके खाता खोलने की तारीख से एक िषि की समाजि के
पश्चात दकन्तु खाते की पररपक्वता से पूिि एक बार पात्र िेष राजि का अजधकतम चालीस प्रजतित तक जनकासी का हकिार
होगा।
(2) अियस्ट्क लड़की की ओर से खोले गए खाते के मामले में, संरिक लेखा कायािलय में जनम्नजलजखत प्रमाण पत्र प्रस्ट्तुत करके
अियस्ट्क लड़की के फायिे के जलए जनकासी के जलए आिेिन कर सके गा, अथाित्: -
"प्रमाजणत दकया िाता है दक कु ॰/कु मारी ...............िो एक अियस्ट्क लड़की है और इस दिन ………..(माह),
……….(िषि) के दिन िीजित है, के उपयोग और कल्याण के जलए जनकाली िाने िाली राजि की आिश्यकता है।
(3) खाते से जनकासी की गणना में, रुपये के अंि में दकसी भी राजि को जनकटतम रुपये में पूणाांदकत दकया िाएगा और इस
प्रयोिन के जलए, पचास पैसे या अजधक की कोई भी राजि एक रुपये के रूप में मानी िाएगीऔर पचास पैसे से कम दकसी
भी जहसाब में नहीं जलया िाएगा।
8. खाते का समयपूिि बंि होना.-(1) जनम्नजलजखत मामलों के जसिाय, खाते को पररपक्वता से पहले बंि नहीं दकया िाएगा,
अथाित:् -
(क) खाताधारक की मृत्यु पर;
(ख) िहां डाकघर या संबंजधत बैंक का यह समाधान हो िाता है , अत्यजधक अनुकंपा, , िैसे दक खाताधारक के िीिन को
खतरे िाली बीमाररयों में जचदकत्सा सहायता या संरिक की मृत्यु के आधार पर, खाते का प्रचालन या िारी रखने से
[भाग II—खण्ड 3(i)] भारत का रािपत्र : असाधारण 3
खाताधारक को अनुजचत करिनाई हो रही है, तो िह पूणि िस्ट्तािेिीकरण के पश्चात , आिेि द्वारा और कारणों को जलजखत
रूप में अजभजलजखत करते हुए, खाते को समय से पहले बंि करने की अनुमजत िे सकता है।
(2) िहां उप-पैरा (1) के अधीन खाता समय से पहले बंि कर दिया िाता है, मूल राजि पर ब्याि उस स्ट्कीम के
जलए लागू िर पर िेय होगा जिसके जलए खाता धाररत दकया गया है।
(3) उप-पैरा (1) के अधीन यथा उपबंजधत के जसिाय दकसी भी कारण से , प्रारूप-4 में आिेिन करने पर खाता
खोलने की तारीख से छह मास पूरे होने के पश्चात दकसी भी समय खाते को समय से पहले बंि करने की अनुमजत िी िा
सके गी, और ऐसे मामले में जिसमें खाते में समय-समय पर िेष राजि इस स्ट्कीम में जनर्ििष्ट िर से जभन्न के िल िो प्रजतित से
कम ब्याि िर के जलए पात्र होगी।
(4) पररपक्वता मूल्य की गणना करने में, एक रुपये के अंि में दकसी भी राजि को जनकटतम रुपये में पूणाांदकत दकया
िाएगा और इस प्रयोिन के जलए, पचास पैसे या उससे अजधक की दकसी भी राजि को एक रुपये के रूप में माना िाएगा
और पचास पैसे से कम की दकसी भी राजि को जहसाब में नहीं दकया िाएगा।
9. डाक जिभाग और प्राजधकृ त बैंकों को िेय एिेंसी िुल्क.- इस स्ट्कीम के संचालन के जलए जनम्नजलजखत एिेंसी िुल्क का
भुगतान दकया िाएगा:
क्र.सं. संव्यिहार का प्रकार िेय िुल्क (रुपये में)
(1) (2) (3)
1. प्राजि - भौजतक मोड 40
2. प्राजि - ई-मोड 9
3. भुगतान 6.5 पैसे प्रजत 100 रुपये टनिओिर
10. साधारण जनयमों का लागू होना.- साधारण जनयमों के उपबंध, िहां तक हो सके , उन मामलों के संबंध में लागू होंगे
जिनके जलए इस स्ट्कीम में कोई उपबंध नहीं दकया गया है।
11. जिजथल करने की िजि.- िहां कें द्रीय सरकार का यह समाधान हो िाता है दक इस स्ट्कीम के दकसी भी उपबंध के
प्रचालन से खाताधारक को अनुजचत करिनाई होती है, तो िह जलजखत रूप में लेखबद्ध दकए िाने िाले कारणों से आिेि
द्वारा उस रीजत में िो अजधजनयम के उपबंधों के असंगत न हो, उस उपबंध की अपेिाओं को जिजथल कर सके गी ।
[फा. सं. 1/3/2023-एनएस]

आिीष िच्छानी, अपर सजचि
प्रारूप 1
[पैरा 3(1) िेख]ें
खाता खोलने के जलए आिेिन
सेिा में
डाकपाल/प्रबंधक
…………………………………………… आिेिक का फोटो चस्ट्पा करें
……………………………………………
महोिय,
मैं …………………… .. [खाता धारक/अजभभािक], आपके डाकघर/बैंक में मजहला सम्मान बचत प्रमाणपत्र,
2023 के अधीन खाता खोलने के जलए आिेिन करती/करता हं ।
मैं इसके साथ, प्रारं जभक िमा के रूप में रुपये ……………………………./- (रुपये ……………… ………………
……………………………………….) नकि/चेक/डीडी सं0 ………………… तारीख………. प्रस्ट्तुत करता हं ।
मेरा जििरण इस प्रकार है:-
1. पहले िमाकताि का नाम

………………………………………………………
नाम या अजभभािक ………………………………………………………
िन्म की तारीख …… .. ……………………………
(दिन /माह / िषि)
(िब्िों में) ……………………………………………
2. खाताधारक की आधार संख्या …………………… ……………………………… ..
3. खाताधारक का स्ट्थायी खाता संख्या (पैन) ……………………………………..
4. ितिमान पता ………………………………………
………………………………………………………..
स्ट्थायी पता ……………………………………………………

………………………………………………………
5. संपकि जििरण िूरभाष संख्या……………………………..
मोबाइल नंबर …………………………………..
ईमेल आईडी ……………………………………..
6. खाते का प्रकार अियस्ट्क के जलए एकल या अजभभािक के माध्यम से

7. अियस्ट्क के िन्म की तारीख का ब्यौरा …………………………………………….
(अियस्ट्क खाते के मामले में लागू)
क) प्रमाणपत्र संख्या ……………………………………………………… ..
ख) िारी करने की तारीख ……………………………………………………
ग) िारी करने िाला प्राजधकारी …………………………………………………
8. अजभभािक का नाम……………………………………………………
(यदि खाता दकसी अियस्ट्क की ओर से खोला िाता है)
9. संलग्न अन्य के िाईसी िस्ट्तािेिों का ब्यौरा 1. पहचान का प्रमाण ……………………………
2. पता प्रमाण ………………………………
पहचान और पते के प्रमाण के प्रयोिन से जनम्नजलजखत िस्ट्तािेिों को िैध िस्ट्तािेिों के रूप में स्ट्िीकार दकया
िाता है: 1. पासपोटि 2. ड्राइविंग लाइसेंस 3. मतिाता पहचान पत्र 4 . राज्य सरकार के अजधकारी द्वारा
हस्ट्तािररत नरे गा द्वारा िारी िॉब काडि 5. राष्ट्रीय िनसंख्या रजिस्ट्टर द्वारा िारी पत्र जिसमें नाम और पते का
ब्यौरा हो ;
10. मेरा नमूना हस्ट्तािर
1 …………………………
(नाम)…………………………………………………………
1 ……………………………
(नाम)…………………………………………………………
1 ……………………………
(नाम)…………………………………………………………
मैं योिना के उपबंधों और योिना पर लागू सरकारी बचत प्रोत्साहन जनयम, 2018 और समय-समय पर िारी दकए
गए संिोधनों का पालन करने का िचन िेती/िेता हं ।
योिना के अधीन मेरे/हमारे अन्य खातों का जििरण जनम्नानुसार है :
क्र.सं. योिना का नाम खाता खोलने िमा ग्राहक पहचान खाता डाकघर/बैंक का
की तारीख रकम संख्या संख्या नाम
1. मजहला सम्मान बचत
प्रमाणपत्र, 2023
2. मजहला सम्मान बचत
प्रमाणपत्र, 2023
खाताधारक/अजभभािक के हस्ट्तािर या अंगूिे के जनिान के साथ खोले गए अजधक खातों के ब्यौरे प्रस्ट्तुत
करने के मामले में एक अलग िीट ली िा सके गी ।
खाताधारक/अजभभािक के हस्ट्तािर या अंगूिे का जनिान

तारीख : …………………………
नामांकन
11. मैं .................................................. नीचे उजल्लजखत व्यजि (व्यजियों) को नामजनर्ििष्ट करती/करता हं, जिन्हें
मेरी मृत्यु की जस्ट्थजत में अन्य सभी व्यजियों को छोड़कर मजहला सम्मान बचत प्रमाणपत्र, 2023 में मेरे नाम िमा रकम िेय
होगी ।
क्र.सं. नामजनिेजिती पूरा आधार संख्या अियस्ट्क के मामले में हकिारी का हकिारी
(नामजनिेजिजतयों) पता (िैकजल्पक) नामजनिेजिती के िन्म अंि न्यासी या
के नाम और संबंध की तारीख स्ट्िामी की
प्रकृ जत
1
2
3
4
िैसा दक ऊपर जिजनर्ििष्ट क्रम संख्या(ओं) ………………………………… पर नामजनिेजिती (नामजनिेजिजतयों)

अियस्ट्क है/हैं, मैं श्री/श्रीमती/कु मारी ……………………………… …………………… ……………………..
सुपुत्री,पुत्री,पत्नी ………………………………………………………… पता ……………………… ………
… …… ……………………………………………………… नामजनिेजिती (नामजनिेजिजतयों) के अियस्ट्क होने
के िौरान मेरी मृत्यु हो िाने की जस्ट्थजत में उि खाते के अधीन िेय राजि प्राि करने के जलए जनम्नजलजखत व्यजियों की
जनयुजि करता/करती हं ।
1. सािी के हस्ट्तािर ………………………………………

नाम पता……………………………………………..
2. सािी के हस्ट्तािर ………………………………………
नाम पता……………………………………………..
खाताधारक/अजभभािक के हस्ट्तािर या अंगूिे का जनिान

स्ट्थान :
तारीख :
डाकघर/बैंक के उपयोग के जलए
खाता ………………………………… के नाम से …………………… रुपये की िमा राजि के साथ खोला गया है
…………………… …….मजहला के अंतगित सम्मान बचत प्रमाणपत्र, 2023 खाता
सं.__________________________ तारीख______________________________।
ग्राहक पहचान संख्या……………………………..
नामांकन संख्या ……………………………….. तारीख ……………………………………….. द्वारा रजिस्ट्रीकृ त
दकया गया है ।
सिम प्राजधकारी के हस्ट्तािर और मुहर

प्रारूप - 2
[पैराग्राफ 6(1) िेख]ें
खाता बंि करने के जलए आिेिन
डाकघर/बैंक का नाम_________________________ तारीख ______________________________
खाता संख्या___________________________
1. मैं पासबुक/िमा रसीि िमा करता हं और मेरे उपयुिि उजल्लजखत खाते को बंि करने के जलए आिेिन करता
हं िो __________ को पररपक्व हो गया है।
2. कृ पया मेरे पररपक्व खाते में पात्र िेष की रकम को मेरे एसबी खाता संख्या _________________________
(खाता कायािलय का नाम) _________________________ पर जस्ट्थत में िमा करें ।
या
कृ पया मांगिेय ड्राफ्ट/पा/खाता चेक िारी करें

या
कृ पया नकि में संिाय करें (यदि रकम अनुज्ञेय सीमा से कम है तो लागू)।
प्रमाजणत दकया िाता है दक लाभ उिाने के जलए प्रत्याहृत की िाने िाली रकम ………………………………………
के उपयोग के जलए अपेजित है िो िीजित है और अभी भी एक अियस्ट्क है।
खाताधारक /अजभभािक के हस्ट्तािर या अंगूिे का जनिान

(अंगूिे के जनिान को लेखा कायािलय के ज्ञात व्यजि द्वारा सत्याजपत दकया िाना चाजहए)
संिाय आिेि
(के िल कायािलय के उपयोग के जलए)
तारीख ................................
संिाय ब्यौरे
मूल रकम रु.________________________________________
(+) िेय ब्याि रु. _____________________________________________
(-) अजतसंित्त ब्याि की िसूली रु.________________________________________
कटौती यदि कोई हो रुपये_____________________________________________
कु ल िेय रकम रु._____________________________________________
संिाय रु.____________________ (अंकों में)________________________________________ (िब्िों में)
तारीख
डाकपाल/प्रबंधक के हस्ट्तािर
जनस्ट्तारण
(िमाकताि द्वारा भरा िाए)
रुपये .___________ (अंकों में) _________________________ (िब्िों में) नकि/चेक/डीडी संख्या
………………………………. तारीख ……………./ खाता सं. ............................... में अंतरण द्वारा प्राि दकए
गए
तारीख: खाताधारक/अजभभािक के हस्ट्तािर/अंगूिे का जनिान
[पैराग्राफ 7(1) िेख]ें
प्रत्याहरण के जलए आिेिन
सेिा में,
……………………………………………
……………………………………………
महोिय,
मैं ……………………………………………………………..(खाता धारक/अजभभािक) नीचे दिए गए ब्यौरे के
अनुसार अपने खाते से प्रत्याहरण के जलए आिेिन करता हं:-
खाता संख्या:............................................... ................................................
प्रत्याहरण की रकम लागू की गई........................................ ...........
2. कृ पया प्रत्याहरण की रकम मेरे एसबी खाता संख्या में िमा करें .
या
या
कृ पया नकि में संिाय करें (यदि रकम नकि संिाय की अनुज्ञेय सीमा से कम है तो लागू)।
3. मैं प्रमाजणत करता हं दक प्रत्याहरण की मंिूरी के जलए योिना के अधीन लागू सभी उपबंधों का अनुपालन दकया गया है।
*प्रमाजणत दकया िाता है दक लाभ उिाने के जलए प्रत्याहृत की िाने िाली रकम ……………………………………… के उपयोग
के जलए अपेजित है िो िीजित है और अभी भी एक अियस्ट्क है।
तारीख :-_________________________ खाताधारक/अजभभािक के हस्ट्तािर या अंगूिे का जनिान

--------------------------------------------------- ----------------------------------
(िमाकताि के अंगि
ू े के जनिान को लेखा कायािलय के ज्ञात व्यजि द्वारा सत्याजपत दकया िाना चाजहए)
के िल कायािलय के उपयोग के जलए
खाते में पात्र िेष ._______________________________________________________

कम िाजस्ट्त रकम ._____________________________________________
संिाय की िाने िाली कु ल रकम ₹ .________________________________________ (अंकों में)
(िब्िों में)________________________________________________________
तारीख मोहर डाकपाल/प्रबंधक के हस्ट्तािर
(खाताधारक/संिि
े िाहक द्वारा भरा िाए)
रुपये .___________(अंकों में)_________________________ (िब्िों में) नकि/चेक/डीडी बेयररं ग
नं.)_________________तारीख____________/खाता संख्या________________________________________ में अंतरण
द्वारा प्राि दकए गए ।
तारीख खाताधारक/अजभभािक के हस्ट्तािर/अंगूिे का जनिान

[ पैराग्राफ 8(3) िेखें ]
समय से पहले खाता बंि करने के जलए आिेिन
……………………………………………
……………………………………………
महोिय,
1. मैं समय से पहले बंि करना चाहता/चाहती हं खाता सं.--------------------------------------------------------------

------------------------------------------------- खाते में िेष है और नीचे दिये गये ब्यौरे के अनुसार लागू िाजस्ट्त की कटौती
के पश्चात् रकम का संिाय करने का आपसे अनुरोध करता हूँ:-
कृ पया रकम को मेरे एसबी खाता संख्या ___________________________________ (खाता कायािलय का
नाम) पर जस्ट्थत में िमा करें ।
या
या
कृ पया नकि में संिाय करें (यदि रकम अनुज्ञेय सीमा से कम है तो लागू)
2. मैं घोषणा करता हं दक जिन उपबंधों के अधीन खाता पररपक्वता से पहले बंि दकया िा सकता है, उनका अनुपालन
दकया गया है।
*प्रमाजणत दकया िाता है दक लाभ उिाने के जलए प्रत्याहरण िाने िाली रकम ……………………………………… के
उपयोग के जलए अपेजित है िो िीजित है और अभी भी एक अियस्ट्क है।
तारीख:-_________________________ खाताधारक/अजभभािक के हस्ट्तािर या अंगूिे का जनिान
--------------------------------------------------- ----------------------------------
(िमाकताि के अंगि
ू े के जनिान को लेखा कायािलय के ज्ञात व्यजि द्वारा सत्याजपत दकया िाना चाजहए)
के िल कायािलय के उपयोग के जलए
खाते में पात्र िेष ._______________________________________________________
कम िुमािना रकम ._____________________________________________
संिाय की िाने िाली कु ल रकम .________________________________________ (अंकों में)
(िब्िों में)________________________________________________________
डाकपाल/प्रबंधक के हस्ट्तािर की तारीख मोहर
--------------------------------------------------- ---------------------------------------------------
(खाताधारक/संिेििाहक द्वारा भरा िाना है)

रुपये .___________(अंकों में)_________________________ (िब्िों में) नकि/चेक/डीडी बेयररं ग
नं.)_________________तारीख____________/खाता संख्या________________________________________
में अतरण द्वारा प्राि दकए गए।
तारीख : खाताधारक/अजभभािक के हस्ट्तािर/अंगूिे का
जनिान
स्ट्थान :
MINISTRY OF FINANCE
NOTIFICATION
New Delhi, the 31st March, 2023
G.S.R.237(E).— In exercise of the powers conferred by section 3A of the Government Savings Promotion
Act, 1873 (5 of 1873), the Central Government hereby makes the following Scheme, namely:-
1. Short title and commencement.– (1) This Scheme may be called the Mahila Samman Savings Certificate, 2023.
(2) It shall come into force on the date of its publication in the Official Gazette.
2. Definitions.– (1) In this Scheme, unless the context otherwise requires,-
(a) “account” means an account opened under this Scheme;
(b) “account holder” means a girl or woman in whose name the account is held;
(c) “Act” means the Government Savings Promotion Act, 1873 (5 of 1873);
(d) “Form” means a form appended to this Scheme;
(e) “General Rules” means the Government Savings Promotion General Rules, 2018;
(f) “year” means a period of twelve months commencing from the date of deposit in the account.
(2) Words and expressions used herein but not defined shall have the meanings respectively assigned to them in the
Act and in the General Rules.
3. Application for opening an account.– (1) An application for opening an account under this Scheme shall be made
by a woman for herself, or by the guardian on behalf of a minor girl to the Account Office in Form - I, on or before the
31st March, 2025.
(2) An account opened under this Scheme shall be a single holder type account.
4. Deposits.– (1) An individual may open any number of accounts subject to the maximum limit for deposit specified
in sub-paragraph (3) and a time gap of three months shall be maintained between the existing account and the opening
of other account.
(2) A minimum of one thousand rupees and any sum in multiples of one hundred rupees may be deposited in an
account and no subsequent deposit shall be allowed in that account.
(3) A maximum limit of two lakh rupees shall be deposited in an account or accounts held by an account holder.
5. Interest.- (1) The deposits made under this Scheme shall bear interest at the rate of 7.5 per cent. per annum.
(2) Interest shall be compounded on quarterly basis and credited to the account.
(3) The interest payable to the account holder in respect of any account opened or deposit made which is not in
consonance with the provisions of this Scheme shall be payable at the rate applicable to the Post Office Savings
Account.
6. Payment on maturity.- (1) The deposit shall mature on completion of two years from the date of the deposit and
the Eligible Balance may be paid to the account holder on an application in Form-2 submitted to the accounts office
on maturity.
(2) In calculating the maturity value, any amount in fraction of a rupee shall be rounded off to the nearest rupee and
for this purpose, any amount of fifty paisa or more shall be treated as one rupee and any amount less than fifty paisa
shall be ignored.
7. Withdrawal from account.- (1) The account holder shall be eligible to withdraw maximum up to forty per cent.
of the Eligible Balance once after the expiry of one year from the date of opening of the account but before the
maturity of the account by making application in Form-3.
(2) In case of an account opened on behalf of a minor girl, the guardian may apply for the withdrawal for the benefit
of the minor girl by submitting the following certificate to the accounts office, namely:-
“Certified that the amount sought to be withdrawn is required for the use and welfare of Miss/
Kumari……………………………. who is a minor girl and is alive on this……the day of…………..(month),
……….(year).”.
(3) In calculating the withdrawal from the account, any amount in fraction of a rupee shall be rounded off to the
nearest rupee and for this purpose, any amount of fifty paisa or more shall be treated as one rupee and any amount less
than fifty paisa shall be ignored.
8. Premature closure of account.-(1) The account shall not be closed before maturity except in the following cases,
namely:-
(a) on the death of the account holder;
(b) where the post office or the Bank concerned is satisfied, in cases of extreme compassionate grounds such as
medical support in life-threatening diseases of the account holder or death of the guardian, that the operation or
continuation of the account is causing undue hardship to the account holder, it may, after complete documentation, by
order and for reasons to be recorded in writing, allow premature closure of the account.
(2) Where an account is prematurely closed under sub-paragraph (1), interest on principal amount shall be payable at
the rate applicable to the Scheme for which the account has been held.
(3) Premature closure of an account may be permitted, any time after the completion of six months from the date of
opening of an Account on an application in Form-4, for any reason other than provided under sub-paragraph (1), and
in which case the balance as stood from time to time in the account shall be eligible only for the interest rate less by
two per cent. than the rate specified in this Scheme.
(4) In calculating the maturity value, any amount in fraction of a rupee shall be rounded off to the nearest rupee and
for this purpose, any amount of fifty paisa or more shall be treated as one rupee and any amount less than fifty paisa
shall be ignored.
9. Agency charges payable to Department of Posts and authorised banks.- The following agency charges shall be
paid for operation of this scheme:
Sl. No. Type of transaction Charges payable (in rupees)

(1) (2) (3)
1. Receipt – Physical Mode 40
2. Receipt – e-mode 9
3. Payments 6.5 paise per Rs.100 turnover
10. Application of General Rules.- The provisions of the General Rules shall, so far as may be, apply in relation to
the matters for which no provision has been made in this Scheme.
11. Power to relax.-Where the Central Government is satisfied that the operation of any of the provisions of this
Scheme causes undue hardship to the account holder, it may by order, for reasons to be recorded in writing, relax the
requirements of that provision in a manner not inconsistent with the provisions of the Act.
[F. No. 1/3/2023-NS]
FORM - 1
[See paragraph 3(1)]
Application for opening an account
To
The Postmaster/Manager Paste photograph of applicant
…………………………………………………
…………………………………………………
Sir,
I ………………………..[account holder/guardian] hereby apply for opening of an account under Mahila

Samman Savings Certificate, 2023 in your Post Office/Bank.
I tender herewith Rs……………………../-
(Rs…………………………………………………………………………….) in cash/Cheque/DD.
No………………… date………. as initial deposit. My particulars are as under:-
1. Name of First Depositor

……………………………………………………………
Name or the Guardian ……………………………………………………………
Date of Birth ……… ..……… ………………
(DD / MM / YYYY )
(In words)……………………………………………
2. Aadhaar Number of account holder

…………………………………………………………..
3. Permanent Account Number (PAN) of account holder
…………………………………………………………..
4. Present Address ………………………………………………………….

………………………………………………………….
Permanent Address ………………………………………………………….

………………………………………………………….
5. Contact details Telephone Number……………………………..
Mobile Number…………………………………..
Email ID……………………………………………..
6. Type of Account Single or through Guardian for Minor

7. Details of date of birth of minor ……………………………………………………….
(Applicable in case of minor account)
a) Certificate No.
……………………………………………………………………..
b) Date of Issue
…………………………………………………………………….
c) Issuing authority
…………………………………………………………………….
8. Name of Guardian…………………………………………………………
(In case the account is opened on behalf of a
Minor)
9. Details of other KYC documents attached 1. Proof of identification

……………………………………………………
2. Address proof
……………………………………………………
The following documents are accepted as valid documents for the purpose of identification and address
proof: 1. Passport 2. Driving license 3. Voter’s ID card 4. Job card issued by NREGA signed by the State
Government officer 5. Letter issued by the National Population Register containing details of name and
address;
10. My specimen Signatures

1…………………………
(Name)…………………………………………………………
1……………………
(Name)…………………………………………………………
1……………………
(Name)…………………………………………………………
I hereby undertake to abide by the scheme provisions and Government Savings Promotion rules-2018
applicable on the Scheme and amendments issued thereto from time to time.
Details of my/our other accounts under the Scheme are as under:
S.No. Name of Scheme Date of Amount Customer Account Name of Post
opening of deposited Identification number office/Bank
account Number
1. Mahila Samman
Savings Certificate,
2023
2. Mahila Samman
Savings Certificate,
2023
A separate sheet may be taken in case of furnishing details of more accounts opened along with signature or
thumb impression of account holder/guardian.
Signature or thumb impression of account holder/guardian

Date:……………………
Nomination
11. I…………………………………………..hereby nominate the person(s) mentioned below to whom to the
exclusion of all other persons in the event of my death the amount standing to my credit in Mahila Samman Savings
Certificate, 2023 at the time of my death would be payable.
S.No. Name(s) of the Full address (s) Aadhaar number Date of birth Share of Nature of
nominee(s) and of of nominee in entitlement entitlement
relationship nominee(optional) case of minor Trustee or
owner
1
2
3
4
As the nominee(s) at Serial No.(s)…………………………………….specified above is/are minor(s), I appoint

Shri/Smt/Kumari………………………………………………..S/o,D/o,W/o……………………………………………
……………………………..Address……………………………………………………………………………………
………………………………………………………………………….to receive the sum due under the said account in
the event of my death during the minority of the nominee(s).
1. Signature of witness…………………………………….
Name & Address……………………………………………..
2. Signature of witness…………………………………….
Name & Address……………………………………………..
Signature or thumb impression of account holder/guardian

Place:
Date:
For use of Post Office/Bank
The account has been opened in the name of…………………………………on……………………..with deposit
of Rs……………………………………….under Mahila Samman Savings Certificate, 2023 vide Account
No.__________________________ dated______________________________.
Customer identification Number………………………………..
Nomination has been registered vide
No……………………………………..dated………………………………………..
Signature and seal of competent authority.

FORM – 2
Application for closure of account
Name of Post Office/Bank__________________________ Date___________________
Account Number___________________________
1. I hereby submit pass book/deposit receipt and apply for closure of my above mentioned account
matured on_________________.
2. Please Credit the amount of eligible balance in my matured account to my SB Account

no.________________________ standing at______________________(Name of Account office).
or
Please issue a Demand Draft/account payee cheque
or
Please pay in cash (applicable if the amount is below permissible limit).
Certified, that the amount sought to be withdrawn to be availed is required for the use of
………………………………………who is alive and still a Minor.
Signature or thumb impression of account holder /guardian

(Thumb impression should be attested by a person known to Accounts office)
Payment Order
(For office use only)
Date ................................
Payment detail
Principal amount Rs.____________________________________________
(+) Interest due Rs. _____________________________________________
(-) Recovery of overpaid interest Rs.__________________________________
Deduction if any Rs_____________________________________________
Total Amount due Rs_____________________________________________
Pay Rs.____________________(in figurers)_____________________________________(in words)
Date
Signature of Postmaster/Manager
Acquittance
(to be filled by depositor)
Received Rs ._____________(In figures)______________________ (in words) By cash/cheque/DD bearing
no…………………………………….dated…………………./by transfer to Account No...............................
Date: Signature/thumb impression of account holder /guardian

FORM – 3
Application for withdrawal
To,
The Postmaster/Manager
…………………………………………………
…………………………………………………
Sir,
I ……………………………………………………………..( account holder /guardian) hereby apply for
withdrawal from my account as per details below:-
Account Number:........................................................................................
Amount of withdrawal applied...........................................................
2. Please Credit the amount of withdrawal to my SB Account no.________________________ standing

at______________________(Name of Account office).
or
or
Please pay in cash (applicable if the amount is below permissible limit of cash payment).
3. I certify that all the provisions applicable under scheme for grant of withdrawal have been complied with.
*Certified, that the amount sought to be withdrawn to be availed is required for the use of
Date:-______________ Signature or thumb impression of account holder/guardian

-----------------------------------------------------------------------------------
(Thumb impression of the depositor should be attested by a person known to the accounts office)
For office use only
Payment detail
Eligible balance in Account ._______________________________________

Less Penalty amount ._____________________________________________
Total Amount to be paid ₹ .________________________________(In figures)
(In words)________________________________________________________
Date Stamp Signature of Postmaster/Manager
Acquittance
(to be filled by account holder/ messenger)

No.)__________________dated_____________________________________________/by transfer to Account
No______________________________________________.
Date Signature/thumb impression of account holder/guardian

FORM – 4
Application for premature closure of account
To,
The Postmaster/Manager
…………………………………………………
…………………………………………………
Sir,
1. I wish to prematurely close Account No________________________ having balance of
____________________(Rupees______________________ Only) and request you to pay the amount after deduction
of applicable penalty, as per details given below:-
Please Credit the amount to my SB Account no.________________________ standing

at___________________________________(Name of Account office).
or
or
Please pay in cash (applicable if the amount is below permissible limit)
2. I hereby declare that the provisions under which the account can be closed before maturity have been
complied with.
*Certified, that the amount sought to be withdrawn to be availed is required for the use of
Date:-______________ Signature or thumb impression of account holder /guardian

-----------------------------------------------------------------------------------
(Thumb impression of the depositor should be attested by a person known to the accounts office)
For office use only

Payment detail
Eligible balance in Account ._______________________________________
Less Penalty amount ._____________________________________________
Total Amount to be paid .________________________________(In figures)
(In words)________________________________________________________
Date Stamp Signature of Postmaster/Manager

--------------------------------------------------------------------------------------
Acquittance
(to be filled by account holder/ messenger)

No.)__________________dated_____________________________________________/by transfer to Account
No______________________________________________.
Date: Signature/thumb impression of account holder /guardian

Place:
F. No 113-03/2017-SB(Pt.1)
Government of India
Department of Posts
Dak Bhawan, New Delhi -110001
Dated: 31.03.2023
To
All Head of Circles/Regions
Subject: Revision of maximum limit for investment in Senior Citizen Savings

Scheme, 2019.
Sir/Madam,
The undersigned is directed to convey the decision of Ministry of Finance (DEA)

for amendment of Senior Citizen Savings Scheme, 2019 through Senior Citizen Savings
(Amendment) Scheme, 2023 and revision of maximum investment limit for investment
in Senior Citizen Savings Scheme, 2019 from ₹ fifteen lakh to ₹ thirty lakh. The copy of
gazette notification G.S.R.240(E) dated 31.03.2023 issued by MOF(DEA) is enclosed.
2. Accordingly, In the Senior Citizens’ Savings Scheme (hereinafter referred to as

the said Scheme), in paragraph 3, in subparagraph (7), for the words “fifteen lakhs”,
the words “thirty lakh” shall be substituted.
3. It is requested to circulate it to all concerned for information, guidance and

necessary action. Same may also be placed on the notice board of all Post Offices in
public area.
4. This is issued with the approval of the Competent Authority.
Yours Faithfully
(Devendra Sharma)
Copy to:
3. PPS/ PS to Addl. DG (Co-ordination)/Member (Banking)/ Member (O)/ Member (P)/

Member (Planning & HRD)/ Member (PLI)/ Member (Tech)/AS & FA
6. Sr. Deputy Director General (Vigilance) & CVO) / Sr. Deputy Director General (PAF)
16. Joint Director & HOD, ICCW Building, 4 Deendayal Upadhyay Marg, New Delhi-110002
17. Guard File
(Devendra Sharma)
सा.का.जन. 240(अ).— के न्द्रीय सरकार, सरकारी बचत संिधिन अजधजनयम, 1873 (1873 का 5) की धारा 3क
द्वारा प्रित्त िजियों का प्रयोग करते हुए, िररष्ठ नागररक बचत स्ट्कीम, 2019 का और संिोधन करने के जलए जनम्नजलजखत
स्ट्कीम बनाती है, अथाित्: -
1. (1) इस स्ट्कीम का संजिि नाम िररष्ठ नागररक बचत (संिोधन) स्ट्कीम, 2023 है।
(2) यह रािपत्र में इसके प्रकािन की तारीख को प्रिृत्त होगी।
2. िररष्ठ नागररक बचत स्ट्कीम (जिसे इसमें इसके पश्चात् उि स्ट्कीम कहा गया है) के पैरा 3 के उप-पैरा (7) में,
"पंद्रह लाख" िब्िों के स्ट्थान पर, "तीस लाख" िब्ि रखे िाएंगे।
3. उि स्ट्कीम के पैरा 4 के उप-पैरा (1) में "पंद्रह लाख’’ िब्िों के स्ट्थान पर, िोनों स्ट्थानों पर िहां िे आते हैं, "तीस
लाख" िब्ि रखे िाएंगे।
[फा. सं. 1/3/2023-एनएस]
रटप्पण : मूल स्ट्कीम भारत के रािपत्र, असाधारण, भाग II, खंड 3, उप-खंड (i) में, संख्यांक सा.का.जन. 916(अ), तारीख
12 दिसंबर, 2019 द्वारा प्रकाजित की गई थी, और तत्पश्चात संख्यांक सा.का.जन. 287(अ), तारीख 5 मई,
2022, सा.का.जन. 842(अ), तारीख 22 निंबर, 2022 और सा.का.जन. 56(अ), तारीख 27 िनिरी, 2023
द्वारा संिोजधत की गई थी।
NOTIFICATION
G.S.R.240(E).—In exercise of the powers conferred by section 3A of the Government Savings Promotion
Act, 1873 (5 of 1873), the Central Government hereby makes the following Scheme further to amend the Senior
Citizens’ Savings Scheme, 2019, namely:-
1. (1) This Scheme may be called the Senior Citizens’ Savings (Amendment) Scheme, 2023.
2. In the Senior Citizens’ Savings Scheme (hereinafter referred to as the said Scheme), in paragraph 3, in sub-
paragraph (7), for the words “fifteen lakhs”, the words “thirty lakh” shall be substituted.
3. In the said Scheme, in paragraph 4, in sub-paragraph (1), for the words “fifteen lakh” at both the places where
they occur, the words “thirty lakh” shall be substituted.
[F. No. 1/3/2023-NS]
Note: The principal Scheme was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)
vide number G. S. R. 916(E), dated the 12th December, 2019 and subsequently amended vide number
G.S.R.287 (E), dated the 5th May, 2020, G.S.R. 842(E), dated the 22nd November, 2022 and G.S.R. 56(E)
dated the 27th January, 2023.
and Published by the Controller of Publications, Delhi-110054.
F. No 113-03/2017-SB(Pt.1)
Government of India
Department of Posts

Dated: 31.03.2023
To
Subject: Revision of maximum limit for investment in National Savings (Monthly

Income Account) Scheme, 2019
Sir/Madam,
The undersigned is directed to convey the decision of Ministry of Finance (DEA) for
amendment of National Savings (Monthly Income Account) Scheme, 2019
through National Savings (Monthly Income Account) (Amendment) Scheme, 2023
and revision of maximum investment limit for investment in National Savings (Monthly
Income Account) Scheme, 2019 from ₹ four lakh fifty thousand to ₹ nine lakh in single
account and from ₹ nine lakh to ₹ fifteen lakh in Joint Account. The copy of gazette
notification G.S.R.239(E) dated 31.03.2023 issued by MOF(DEA) is enclosed.
2. Accordingly, In the National Savings (Monthly Income Account) Scheme, 2019, in

paragraph 4, in sub-paragraph (2), –
(a) for the words “rupees four lakh fifty thousand”, the words “nine lakhs” shall
be substituted;
(b) for the words “nine lakhs”, the words “fifteen lakh” shall be substituted.

public area.
Yours Faithfully
(Devendra Sharma)
Copy to:

3. PPS/ PS to Addl. DG (Co-ordination)/Member (Banking)/ Member (O)/ Member (P)/ Member
(Planning & HRD)/ Member (PLI)/ Member (Tech)/AS & FA
(Devendra Sharma)
सा.का.जन. 239(अ).—के न्द्रीय सरकार, सरकारी बचत संिधिन अजधजनयम, 1873 (1873 का 5) की धारा 3क
द्वारा प्रित्त िजियों का प्रयोग करते हुए, राष्ट्रीय बचत (माजसक आय खाता) योिना, 2019 का और संिोधन करने के जलए
जनम्नजलजखत स्ट्कीम बनाती है, अथाित:् -
1. (1) इस स्ट्कीम का संजिि नाम राष्ट्रीय बचत (माजसक आय खाता) (संिोधन) स्ट्कीम, 2023 है।
(2) यह रािपत्र में इसके प्रकािन की तारीख को प्रिृत्त होगी ।
2. राष्ट्रीय बचत (माजसक आय खाता) स्ट्कीम, 2019 के पैरा 4 के उप-पैरा (2) में,-
(क) "चार लाख पचास हिार रुपए" िब्िों के स्ट्थान पर "नौ लाख रुपए" िब्ि रखे िाएंग;े
(ख) "नौ लाख" िब्िों के स्ट्थान पर "पंद्रह लाख" िब्ि रखे िाएंगे।
[फा. सं. 1/3/2023-एनएस]
रटप्पण : मूल स्ट्कीम भारत के रािपत्र, असाधारण, भाग II, खंड 3, उप-खंड (i) में संख्यांक सा.का.जन. 917(अ), तारीख
12 दिसंबर, 2019 द्वारा प्रकाजित की गई थी, और तत्पश्चात संख्यांक सा.का.जन. 286(अ), तारीख 5 मई,
2022, सा.का.जन. 839(अ), तारीख 22 निंबर, 2022 और सा.का.जन. 55(अ), तारीख 27 िनिरी, 2023
द्वारा संिोजधत की गई थी।
NOTIFICATION
G.S.R.239(E)—In exercise of the powers conferred by section 3A of the Government Savings Promotion
Act, 1873 (5 of 1873), the Central Government hereby makes the following Scheme to further amend the National
Savings (Monthly Income Account) Scheme, 2019, namely:-
1. (1) This Scheme may be called the National Savings (Monthly Income Account) (Amendment) Scheme, 2023.
2. In the National Savings (Monthly Income Account) Scheme, 2019, in paragraph 4, in sub-paragraph (2), –
(a) for the words “rupees four lakh fifty thousand”, the words “nine lakhs” shall be substituted;
(b) for the words “nine lakhs”, the words “fifteen lakh” shall be substituted.
[F. No. 1/3/2023-NS]
Note : The Principal Scheme was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)
vide number G. S. R. 917(E), dated the 12th December, 2019 and subsequently amended vide number
G.S.R.286(E) dated the 5th May, 2022, G.S.R. 839(E) dated the 22nd November, 2022 and G.S.R. 55(E)
dated the 27th January, 2023.
SB Order No. 0412023
F. No 113-08/20l7-SB(pt.1)
Government of India
Department of Posts
Dak Bhawan, New Delhi'110001
Dated:31.03.2023
To
AII Head of CircleslRegions
subject: Revision of interest rates for smarl savings schemes w.e.f. or.o4.2o2g
Sir/I\{adam,
Ministry of Finance, Department of Economic Affairs (Budget Division),

Government of India vide Memorandum No. 01/04/2019-NS dated 81.03.2028 (copy
enclosed) has informed that the rate of interest on various small savings schemes
(National Savings Schemes) for the fust quarter of financial year 2O2S-24 (starting
from
1$ April, 2023 alrld ending on 306 June, 2O2B) have been revised as under: -
S1. No- Instrument/Scheme Rates of interest Rates of interest

from 01.01.2023 to from 01.04.2023
31.03.2023 to 30.06.2023
1 avln De osit 4.0 4.O
) 1 Year Time De osit 6.6 6.8
3 2 Year Time De t 6.8 6.9
4 3 Year Tirne D t 6.9 7.4
5 5 Year Time De osit 7.0 7.5
6 Year Recunin De osrt 5.8 6.2
7 nior Citizen Sa s Scheme 8.0 8.2
8 onthl Income Account Scheme 7.t 7.4
9 Suk Samruddhi Account Scheme 7.6 8.0
10 Pubiic Provident Fund Scheme 7.1 7.t
11 National S avings Certificate 7.0 7.7
72 Kisan Vikas Patra 7.2 7.5
(will mature in 120 (will mature IN
months) 115 months)

necessary action. same may also be placed on the notice board of aII post offices in
public area. The relevant calculation tables will be supplied in due course on receipt
from the DEA/MOF.
Yours Faithfully
at oA N}Z
(Deven dra Sharma)
Copy to:
3. PPS/ PS to Addl. DG (Co-ordination)/1\{ember (Banking)/ Member (O)/ Member (P)/

Member (Planning & HRD)/ Member (PLI)/ Member (TectJ/AS & FA
4. Adall. Director General, APS, New Delhi
8. Director General P & T CAudit), Civil Lines, New Delhi
10. All General Managers (Finance) / Diectors Postal Accounts / DDI\P

12. All Sections of Postal Dtectorate

13. Ali recognized Federations / Unions/ Associations
14. GM, CEPT for upioading the order on the India Post websit€.
15. Dy. Director, CEPT for necessary configuration in Finacle.
18. Guard File

I.No.1,/4p019-NS
Gt vcrnment of India
lv{inistru of Finalce
Department of Eronomic .Affairs
(Budgct Division)
North Bltxk, Nerv l)elhi
Date: \1.rr.h :1. 2(ill
( )FIrtcl, Mt OItA\I )LiT,I
Subiect: l(ev ision of interest rates for Snr.rll 5.rr irrsr Schemt's - req.
Thr.'rates of interest or'l various Small Sar.ings Schemrs for tl.rc lirst quartr.r of finiurcial yc.r:
202j-24 starting fronl l't -{pril, 20211 and t,nciing trn l0tt Jrrnc, 2023 hav(' bccn rlriscd as r.irtailt.tl
hclou.:
Ralcs ol interest from ()i interest.fr( 'lrr

R.ttL-s
lnstrument t) 1.01.2023 to 01.0.1.20I k)
31.03.2023 30.06,202i
l l.il
I
I Yt ar Time 6.fl 6.8
I
2 Yca:"Tiltr' sit b.9
rt (.r. !) 1
7_O /.f
t't ,\it ).3
S.'ht'mc l. il t.:
\'lorrthir L.riome Arcount
:l ,.1
Schcrne
N.rtir xrai Sav Certiti.ato 7(l
[)ublic Pnrviclent Funr] 9'hr:nre
-'
7.1 (will rnaturr,in 7.5 (u ill trratrri'- i;,I I
Krs-rn Vikas l)atra
I l() nronth.;i lll0r1lh!:
5uk.rnr a Janlrl!i(l1I .\r:ctrunt
r..-i l
9'ht'nre
l. 'fhis has the approval of compctent authoritv.
fo
Thr' Finance Ser-rctirry & Sttrctan' 2. lhe Secretarv,

Expenditure, Dep.rartment of Expenditure Dcpartment Qi Economic .\itair r
Nortlr Bltrk, New Delhi. North Blttk, Nt r,r' Dclhi.
3. The Secretarv, 4. J hc Secretalv.
Departrnent of Revcnut' i.)opiirtmtxrt of Fir:anL ial 5t-r'vicr.:r
North lllcxk, \eu, Dclhi .feevan Det.pr Buikling, \t,u L)elir.
5. 'ihe Secretar,v, 6. Thc Chief Gen!,r.al \.Ianager (l)L;itA)
Del'artmenl of Posts Rcservo Bank oI India. Crniral ()lli.r
Dak Bhawan. New Delhi I,lumbai.
7. Reserve Bank of lndia 8. Chief Serrctarics of States ,' L: l
Central,{r--courlt Str:tiorr, Aelditxrtral Covc'rnment
OtTice Burlding, East High Crrurt l(i-rar,i,
Civil Lir.res, P.B. No.15, Nagpuy - 14p 1191.
9. lhc J..rint Drector

National Savir.rgs lrrstitutt', \ew Delhi
F. No 113-03/20r7-SB(Pt.1)
Government of India
Department of Posts
Dak Bhawan, New Delhi -l10001
Dated: 03.04.2023
To
Subiect Regarding circulation of Government Savings Promotion General

(Amendment) Rules, 2023.
Sir/Madam.
The undersigned is directed to convey the decision of the Ministry of Finance (DEA)
for amendment of 6 (l) of Govemment Savings Promotion General Rules, 2018. The copy
of gazette notification G.S.R.238(E) dated 31.03.2023 issued by MOF(DEA) is enclosed.
2. Accordingly, the text of rule 6(l) of Government Savings Promotion General

Rules, 2018 shall be substituted as below: -
"(l) In addition to the documents mentioned in sub-rule (2) of rule 5, an individuat

shall also submit to the Accounts Office, the following identity documents containing proof
of identity and address for the purpose ofopening an account, namely: -
(a) the Aadhaar Number issued by the Unique Identification Authority oflndia:
Provided that: -
(a) where the Aadhaar Number has not been assigned to an individual. he shall
furnish proof of application of enrollment for Aadhaar at the time of opening an accounr and
the account holder shall furnish the Aadhaar number to the Account OIfice within a
period of six months from the date of opening of account for linking the account vrith
Aadhaar Number;
(b) if a depositor has already opened an account and has not submitted his
Aadhaar number to the Account Office, he shall do so within a period of six months with
effect from the lst day ofApril,2023,
And in the event of failure of the depositor to submit the Aadhaar number
within the specified period of six months, his account shall cease to be operational till rhe
time he submits the Aadhaar Number to the Accounts Office;
(b) the permanent Account Number or Form 60 as defined in the Income Tax
rules, 1962;
Provided that the individual who has not submitted the permanent Account Number at
the time of opening of account shall submit the same to the Accounts office within a period
of two months from the date of happening of any of the following events, whichever is
the earliest, namely;-
(i) the balance at any point of time in the account exceeds fifty thousand rupeesl or
(ii) the aggregate of all credits in the account in any financial year exceeds one lakh
rupees; or
(iii) the aggregate of all withdrawals and transfers in a month from the account exceeds
ten thousand rupees,
And in the event of the failure of the depositor to submit the Permanent Account
Number within the specified period of two months, his account shall cease to be operational
till the time he submits the Permanent Account Number to the Account Office;
(c) any other document as may be considered necessary by the Accounts Office
including those related to the nature ofbusiness and financial status of the depositor."
3. It is requested to circulate it to all concemed for information, guidance and

necessary action. Same may also be placed on the notice board of all Post Offices in public
area.
4. This is issued with the approval ofthe Competent Authority.
Yours Faithfully
9#w'z
lDevendi6 Sharma)
Assistant Director (SB-ll)
Copy to:
3. PPS/ PS to Addl. DG (Co-ordination)/Ir4ember (Banking)/ Member (O)/ Member (P)/
(PAF)
I I . Chief Engineer (Civil), Postal Directorate
15. MOF(DEA), NS-ll, North Block, New Delhi.
16. Joint Director & HOD, ICCW Building,4 Deendayal Upadhyay Marg, New Delhi-
l1000
ffieo"'
(Devendra Sharma)
Assistant Director (SB-lI)
सा.का.जन. 238(अ).— कें द्रीय सरकार, सरकारी बचत संिधिन अजधजनयम, 1873 (1873 का 5) की धारा 15
द्वारा प्रित्त िजियों का प्रयोग करते हुए, सरकारी बचत संिधिन साधारण जनयम, 2018 का संिोधन करने के जलए
जनम्नजलजखत जनयम बनाती है, अथाित:् -
1. इन जनयमों का संजिि नाम सरकारी बचत संिधिन साधारण (संिोधन) जनयम, 2023 है।
(2) ये रािपत्र में इसके प्रकािन की तारीख को प्रिृत्त होंगे।
2. सरकारी बचत संिधिन साधारण जनयम, 2018 के जनयम 6 में, उप-जनयम (1) के स्ट्थान पर जनम्नजलजखत
उप-जनयम रखा िाएगा, अथाित:् -
"(1) जनयम 5 के उप-जनयम (2) में उजल्लजखत िस्ट्तािेिों के अजतररि, कोई व्यजष्ट खाता खोलने के प्रयोिन से पहचान और
पते के प्रमाण सजहत जनम्नजलजखत पहचान िस्ट्तािेि भी लेखा कायािलय में प्रस्ट्तुत करे गा, अथाित् :-
(क) भारतीय जिजिष्ट पहचान प्राजधकरण द्वारा िारी आधार संख्या:
परन्तु, -
(क) िहां दकसी व्यजष्ट को आधार संख्या समनुिेजित नहीं की गई है, िहां िह खाता खोलते समय आधार के जलए
नामांकन के आिेिन का प्रमाण प्रस्ट्तुत करे गा और खाता धारक खाते को आधार संख्या से िोड़ने के जलए खाता
खोलने की तारीख से छह मास की अिजध के भीतर लेखा कायािलय को आधार संख्या प्रस्ट्तुत करे गा;
(ख) यदि कोई िमाकताि पहले से ही खाता खोल रखा है और लेखा कायािलय में अपना आधार संख्या प्रस्ट्तुत नहीं
दकया है, तो िह 1 अप्रैल, 2023 से छह मास की अिजध के भीतर प्रस्ट्तुत करे गा,
और िमाकताि द्वारा छह मास की जिजनर्ििष्ट अिजध के भीतर आधार संख्या प्रस्ट्तुत करने में जिफल होने की जस्ट्थजत
में, िब तक िह लेखा कायािलय में आधार संख्या प्रस्ट्तुत नहीं करता है, तब तक उसका खाता प्रचालन में नहीं रहेगा;
(ख) आयकर जनयम, 1962 में यथा पररभाजषत स्ट्थायी खाता संख्या या प्ररुप 60:
परन्तु जिस व्यजष्ट ने खाता खोलने के समय स्ट्थायी खाता संख्या प्रस्ट्तुत नहीं की है, उसे जनम्नजलजखत में से दकसी भी
घटना के , िो भी पहले हो, होने की तारीख से िो मास की अिजध के भीतर लेखा कायािलय में उसे प्रस्ट्तुत करना होगा,
अथाित:् -
(i) खाते में दकसी भी समय अजतिेष पचास हिार रुपये से अजधक है; या
(ii) दकसी जित्तीय िषि में खाते में सभी िमा रकमों का योग एक लाख रुपये से अजधक है; या
(iii) खाते से एक महीने में सभी जनकासी और अंतरण का कु ल योग िस हिार रुपये से अजधक है,
और िो मास की जिजनर्ििष्ट अिजध के भीतर िमाकताि द्वारा स्ट्थायी खाता संख्या प्रस्ट्तुत करने में जिफल होने की जस्ट्थजत
में, िब तक िह लेखा कायािलय को स्ट्थायी खाता संख्या प्रस्ट्तुत नहीं कर िेता है, तब तक उसका खाता प्रचालन में नहीं
रहेगा;
(ग) कोई अन्य िस्ट्तािेि, िो लेखा कायािलय द्वारा आिश्यक समझा िाए, जिसमें कारबार की प्रकृ जत और
िमाकताि की जित्तीय जस्ट्थजत से संबंजधत िस्ट्तािेि िाजमल हैं।”।
[फा. सं. 1/3/2023-एनएस]
रटप्पण : मूल अजधसूचना भारत के रािपत्र, असाधारण, भाग II, खंड 3, उपखंड (i) में अजधसूचना संख्यांक सा.का.जन.
1003 (अ), तारीख 5 अक्तूबर, 2018 द्वारा प्रकाजित की गई थी ।
NOTIFICATION
G.S.R.238(E) — In exercise of the powers conferred by section 15 of the Government Savings Promotion
Act, 1873 (5 of 1873), the Central Government hereby makes the following rules to amend the Government Savings
Promotion General Rules, 2018, namely:-
1. These rules may be called the Government Savings Promotion General (Amendment) Rules, 2023.
(2) They shall come into force on the date of its publication in the Official Gazette.
2. In the Government Savings Promotion General Rules, 2018, in rule 6, for sub-rule (1), the following sub-rule
shall be substituted, namely:-
“(1) In addition to the documents mentioned in sub-rule (2) of rule 5, an individual shall also submit to the Accounts
Office, the following identity documents containing proof of identity and address for the purpose of opening an
account, namely:-
(a) the Aadhaar Number issued by the Unique Identification Authority of India:
Provided that,-
(a) where the Aadhaar Number has not been assigned to an individual, he shall furnish proof of application
of enrollment for Aadhaar at the time of opening an account and the account holder shall furnish the
Aadhaar number to the Accounts Office within a period of six months from the date of opening of account
for linking the account with Aadhaar Number;
(b) if a depositor has already opened an account and has not submitted his Aadhaar number to the Accounts
Office, he shall do so within a period of six months with effect from the 1st day of April, 2023,
and in the event of failure of the depositor to submit the Aadhaar number within the specified period of six months, his
account shall cease to be operational till the time he submits the Aadhaar Number to the Accounts Office;
(b) the Permanent Account Number or Form 60 as defined in the Income Tax Rules,1962:
Provided that the individual who has not submitted the Permanent Account Number at the time of opening an
account shall submit the same to the Accounts Office within a period of two months from the date of happening of any
of the following events, whichever is the earliest, namely:-
(i) the balance at any point of time in the account exceeds fifty thousand rupees; or
(ii) the aggregate of all credits in the account in any financial year exceeds one lakh rupees; or
(iii) the aggregate of all withdrawals and transfers in a month from the account exceeds ten thousand rupees,
and in the event of the failure of the depositor to submit the Permanent Account Number within the specified period of
two months, his account shall cease to be operational till the time he submits the Permanent Account Number to the
Accounts Office;
(c) any other document as may be considered necessary by the Accounts Office including those related to
the nature of business and financial status of the depositor.”
[F. No. 1/3/2023-NS]
Note: The principal notification was published in the Gazette of India, Extraordinary, Part II, section 3, sub-section
(i) vide notification number G. S. R. 1003 (E), dated the 5th October, 2018.
F. No FS-13/7/2020-FS-Part(1)
Govemment of India
Department of Posts
Dak Bhawan, New Delhi - I 10001
Dated: 05.04.2023
To
f!igg!: Regarding promotion of NEFT/RTGS facility for fund transfer from Bank
account to PPF/SSA and PO Savings Account.
Sir/Madam,
This has reference to SB Order No.08/2022 dated 17 -05-2022 in which NEFT,&.TGS

facilities have been introduced for POSB account holders. By availing these facilities Bank
Account holders can transfer fund between Bank Account to PO Savings Account and vice
versa. Further, Account holders can also transfer fund from Bank account to Public Provident
Fund (PPF) and Sukanya Samriddhi Account (SSA) by using NEFT facility.
2. It has been observed that general awareness ol these facilities amongst staff and
account holders is not adequate. Therefore competent authority has decided to circulate the
process for fund transfer from Bank Account to PO Savings AccounciPPF/SSA by using
NEFT/RTGS facilities.
3. (A) General : - Account holders are advised to be aware with the following points
before initiating fund transfer to PPF/SSA:-
(D PPF/SSA account should not have any pending previous years defaulted
subscription. If the account has pending previous year subscription pending
default is to be deposit through any nearest CBS post office.
(iD If PPF account has matured, submit Account extension form alongwith passbook at
post office concemed within one year from the date of maturity.
(iii) Fund transfer in PPF/SSA should be in multiple of t 501
(iv) Fund transfer in PPF/SSA should be maximum of { 1.50 lakh in a financial year.
(v) In case any NEFT Transaction fails due to technical reasons, the amount will be
reversed in the bank account concemed in one working day'
(B) The procedure for fund transfer from Bank Account to PO Savings Account or
PPF account or SSA Quick Transfer (without adding beneficiary) is mentioned below:
. Login into netbanking of bank account'

. Go to Payment/Transfer Tab
. Select Quick Transfer (without beneficiary)
. Enter beneficiary name
. Enter beneficiary PPF or SSA or PO Savings Account no, Re-enter beneficiary PPF or
SSA or PO Savings account No.
. Select PaYment option "Inter Bank Transfer"
. Enter IFSC Code IPOS0000DOP
. Select Transaction mode "NEFT"
o Enter amoturt to be transferred
. Selectpurpose'Deposit{nvestment'
. Accept terms and conditions.
. Click on Submit
. Click on Confirm
. Enter OTP and click on Confirm
. Click on Print . if required
. Log out
. SMS will be received for debit and credit.
(C). Fund Transfer by adding beneficiary:
. Login into netbanking of bank account.

. Go to PaymenVTransfer Tab
. Select Add and Manage Beneficiary
. Select Other Bank Beneficiary
. Enter beneficiary PPF or SSA or PO Savings Account no, Re-enter beneficiary PPF or
SSA or PO Savings account No.
. Select IFSC and Enter IFSC Code IPOS0000DOP
. Click on Submit
. Click on Confirm
After successful adding beneficiary, proceed with fund transfer
.. Go to Payment/Transfer Tab
. Select Other Bank Transfer
. Select NEFT/RTGS for Savings Account and NEFT for PPF/SSA Account
. Click on proceed
. Selectpurpose'Deposit/Investment'
. Select the beneficiary
. Click on Submit
. Click on Confirm
. Click on Print , if required
. Log out
. SMS will be received for debit and credit.
4. Itis requested to circulate it to all concemed for information, guidance and

necessary action to promote this facility to account holders. Same may also be placed on
the notice board of all Post Offices in public area.
5. This is issued with the approval of the Competent Authority
Yours Faithfullv
a4*'1t;)a
lDevendra"Sliarma)
Copy to:

(PAF)
1 1 . Chief Engineer (Civil), Postal Directorate
12. All Sections ofPostal Directorate

15. MOF(DEA), NS-ll, North Block, New Delhi.
1 1000
p-*-^,^
*
a''lo t'I I -'
(DevenAra Sharma)
Assistant Director (SB-lI)
F. No FS-13/1/2023-FS-DOP
Government of India
Department of Posts
Dak Bhawan, New Delhi -1 10001
Dated: 05.04.2023
To
Subiect: Regarding various queries received in connection with Mahila Samman

Sav in gs C erlificate,2023.
Sir/Madam,
This has reference to SB Order No. 0512023 dated,31-03-2023 in which a new scheme
'Mahila Samman Savings Cerlific ate,2023" was circulated along with detailed SOP.
2. This office has received various queries in connection with Mahila Samman
Savings Certificate, 2023. Accordingly, the competent authority has decided ro issue
clarification on the various queries received.
3. The details ofqueries received and clarification thereon is mentioned below: -
Sl No. Query lclarification

I Whether this scheme IS This schemeis not covered under the
available through agents ? MPKBY/SAS agency.
2 Whether investment under the The investment under scheme does not
scheme qualifies for a rebate qualifu for rebate tr/s 80C of Income Tax
u/s 80C of Income Tax Act ? Act.
3 Whether interest eamed in the Interest eamed under the scheme is
scheme has tax exemption ? tarable.
4 Whether the maximum limit Maximum limit prescribed in Rule 4('l) of
t
for investment of 2 lakh is Mahila Samman Savings Certificate, 2023
separate in case of minor ? is for an Individual. As such minor limit is
separate and investment upto - 2lakh can
be made in the name of minor girl child.
4. It is requested to circulate it to all concemed for information, guidance and

public area.
5" This is issued with the approval of the Competent Authority.
Yours Faithfully
.,ffiit'22/-a
(Devendra Sharma)
Copy to:

(PAF)
I 1. ChiefEngineer (Civil), Postal Directorate
13. All recognized Federations / Unionsi Associations
11000
-"^lJ-
ffi-qatc-zZ
(Devendra Sharma)
F. No 113-03/2017-SB(Pt.l)
Government of lndia
Department of Posts
Dated: 01.05.2023
Addendum
To
Subject: Revision of interest rates for Small Savings Schemes w.e.f. 01.04.2023
Sir/Madam,
In continuation of this office letter of even number dated 31.03.2023 on the above
mentioned subject, the undersigned is directed to forward copies of the following gazette
notifications issued by Department of Economic Affairs, Ministry of Finance in connection with
the revision of interest rates for first quarter of Financial Year 2023-2024 for further necess.uy
actions. Copies ofthe following notifications are enclosed.
(i) G.S.R. 324(E) Kisan Vikas Patra (Second Amendment) Scheme, 2023 dated,27.04.2023
(ii) G.S.R. 325(E) National Savings (Monthly Income Account) (Third Amendment)
Scheme, 2023 dated 27 .04.2023
(iiD G.S.R. 326(E) Senior Citizens' Savings (Third Amendment) Scheme, 2023 dated
27.04.2023.
(iv) G.S.R. 327(E) National Savings Time Deposit (Second Amendment) Scheme, 2023 dated
27.04.2023.
(v) G.S.R. 328(E) Savings Certificates (VIII Issue) (Second Amendment) Scheme, 2023 dated
27.04.2023
(vi) G.S.R. 329(E) Sukanya Samriddhi Account (Amendment) Scheme, 2023 dated
27.04.2023.
(vii) G.S.R. 330(E) National Savings Recurring Deposit (Amendment) Scheme, 2023 dated
27.04.2023
Yours Faithfully
ffi.rrr--rz
(Devendra Sharma)
Copy to:
3. PPS/ PS to Addl. DG (Co-ordination),Member (Banking)/ Member (O)/ Member (p)/

Member (Planning & HRD)/ Member (PLI)/ Member (Tech/AS & FA
6. Sr. Deputy Director General (Vigilance) & CVO) / Sr. Deputy Director General (pAF)

I 1. Chief Engineer (Civil), Postal Directorate
13. All recogaized Federations / Unions/ Associations
14. GM, CEPT for uploading the order on the India Post website and updation in postinfo
app.
15. Dy. Director, CEPT lbr necessary configuration in Finacle.
110002
18. Guard File

ffir.ff gq.- 33004/99
REGO. No. D. L.-39004/99
t rr I
Cke Gozette of 3nd;o
fr.fr. -*.t'a. -sr. -z 8o4zoz 3 -2 45 5lo
cG-DL-E-28042023_245530
3RITSIr(!I
EXTRAORDINARY
qm Il_ra!-s 3_sq_q!c (i)
P 4,RTI l-Section 3-Sub-seclion (i)
yrfudR+r+rFard
PUBLISHED BY ALTHORITY
F.2621
No.262l
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2 THE CAZETTE OF tNDrA : EX TRAORDINARY
[PARr U-SEC. 3 (i)]
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3
MINISTRY OT FINANCE
(Department of Ecoromic Affairs)
NOTIFICATION
New Delhi, the 27th April,2023
G'S'R324(E) In exercise of the powers confened by section 34 of the Government savings promotion
- central Government
Act' 1873 (5 of 1873), the hereby makes the following scheme further to amend the Kisan vikas
Patra Scheme, 2019, namely:-
l. (I ) This Scheme may be called the Kisan Vikas patra (Second Amendment) S cheme,2023.
(2) lt shall be deemed to have come into force on the lst day
ofApril,2023.
2. In the Kisan Vikas Patra Scheme, 2019 (hereinafter referred to as the said Scheme),
in paragraph 5, _
a. in sub-paragraph (lD), for the words and figues, ..on or after the lsl day of January, 2023,,,
the words,
figures and biackets "betweeD tst January,2023 and 3lst March, 2023 (both days'inclusivi;,,
shatt be
substituted;
b. after sub-paragraph (I D), the following sub-paragraph shall be inserted, namely:-
"( I E) The malurity period of an account opened on or after the I st day of April, 2023 shall be nine years
and seven months and rhe deposits made in the account shall double on maturiry.,,.
3. ln the said Scheme, in paragraph 6, in sub-paragaph (3),-
a in TA BLE-4, for the words and figures, "on or after the t st day of January, 2023", the words,
figures and
brackets "between Ist January, 2023 and 3.lst March, 2023 (both days inclusive.;" stratt Oe suOstrlut"a:
b. after TABLE-4, rhe following TABLE shall be inserted, namely:_
"1 .{BLE-5
I'fable showing premature closure yalu€ ofaccount opened on or after lst day ofApril,2023 with
1000 rupeesl
Period from th e date of the certificate to the date of its encashment Amount payable inclusive of
interest (Rupees)
(l) (2)
Two and halfyears but less than three vears It7l
Three years but less than three and half years i208
Three and halfyears but less than four years 1247
Four years but less than four and half years ll86
Four and halfyears but less than five years l3 28
Five yea$ but less than five and half years 1370
Five and halfyears but less than six ycars 1414
Six years but less than six and halfyears 1459
Six and halfyears but less than seven vears 1506
Seven years but less than seven and halfyears 1554
Seven and halfyears but less than eight years r60.1
Eight years but less than eight and half years 1655
Eight and halfyears but less than nine years 1708
Nine years but less than nine and halfyears t763
Nine and halfyears but before Maturity ofCertificate l8t9
On maturity of certificate 2000"
[F. No. l/04/2016-NS]

4 THE CAZETTE OF INDIA : ExTRAo RDINARY
[PARr Ir-SEC.3(i)
Expl'natory Memorandum. - The Kisan vikas Patra (second Amendment) scheme, 2023 takes effect from
as specified in the notification However, no one shall be the date
adversety urr""t"a as a result of retrospective effect being
given to this amendment Scheme.
Note : The principar

Scheme was published in the Gazette of India, Extraordinary, part
section-G) vide number
II, section 3, sub-
c's.R.920(E), dated the r2th December,20l9 and subsequentry amended yide
G's'R 283(E), dated the gth numbers
Mav' 2020, c.s.R. 837(E), datetr flre iind Novemb"., zozi rno c.s-n"
the 27th January, 2023. !liii'0","a
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1uy w- ta 1t rr) + qr{F, ffifur sc_ ta ei(:enfrd ft.fi vrq{r, 3rqlE:

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cftemft<.<tqrq-<6rrn
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lrFr. *. 1/04/2016-qrrFl
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nr0q t
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vr.+r.ft. sr7(q),
2, <is g, scds (D + FrR-d fi G ft etqqqrE rtqir qr.6r.ft. 286(q), ilrfrc 6 G, zoz ut.
qk
qr.sr.fr. $9({), rrfte 22 Fiq<,2022, qr.*..fr. ss (q),
239({), il-ftq s1 qr{, zozs erartcfrFe fiG fr
ilftc 27 2023 *r #i, ;;.R.
r
NOTIFICATION
G'S'R'325(E; 1n exercise of the powers conferred by section 3,A of the Govemment Savings promotion
Act, I g73
(5 of 1873), the
- Central Govemment^hereby makes the following Scheme further to ameni the National Savings
(Monthly Income Account) Scheme, 2019, namelyi
1 (l) This Scheme may be called the National Savings (Monthly lncome Account) (Third Amendment)
Scheme,2023.
(2) lt shall be deemed to have come into force on the lst day ofApril, 2023.
2. In the National Savings (Monthly Income Account) Scheme,2019, in paragraph 5,-

[rrrrr Il-lars 3(i)] qTGI SI {FIqTT : 3rqTfiTlrr
5
a. in sub-pamgraph (lC), for the words aod figures, ,.on or afler the lst day ofJanuary, 2023,,. the words,
figures and bmckets "between rst January,2023 and 3rst March,2023 (both
substitutcd;
a"ys incturir")ii rt"tt o"
b. after sub-paragraph (lC), the following sub_paragraph shall be insened, namely:-
"( I D) The deposit made under this Scheme on or after the lst day ofApril, 2023
of-7.4 per cent. per annum.".
shall bear interest at the rare
lF. No. l/04/2016-NSl

Explanatory Memorandum. - The National savings (Monthly Income Account) (Third
Amendment) Scheme,2023
takes effect from the date as specified in the notification. However, no one
retrospective effect being given ro this amendment Scheme.
shali be adversely affected u i"*rt or
".
Note: The principal scheme rryas .ubrished in the Gazette of rndia, Extraordinary, part
section (i) vide number G. s. R. 917(E), dated the l2th December, 2019 and
r, section 3, sub-
subsequentiy amended vide
rumbers G.s.R 286(E)' dared the 9th May,2022, c.s.R 839 (E), dated the 22nd November,2022,
G.s.R. 55
(E), dated the 27th January,2023 and G.S.R. 239 (E), dated the 3ist March,
2023.
qBKs-{r
itR-cff, 2t zd.d,2023
sT.{r.fr. 326(3I).- i-*q qe.5rq, {qd-{ qftfrqq, 1 873 ( 1 873 lfr 5) ff a-rtr 3q. arn s-di-f,
rc+rt cs-d
clmt sr r{ilrr 5'G 6s, 4ftg{rrrft.+ q-{tr frqqr, zorg +,r *{ rtens-{ +tt + fts ffiqF*c q.r-s.ir.
{irffe,3rr{fi{:-
1 . (1 ) ts frwqr sT {ftq rrq qfts rr{rk6 a-s-d (fts(I {.qtu-{) +m{r, 2023 tt
(2) T6 i 3rtq 2O2S t r{< cr* vrEft r
2. qfts nr{rft+ E-{d *qat, zot g * tn s t,-

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2023 si-{ 31 qr{, zozs * fi-s 1R.ei.u-6 <Hi altti qFqfft
A,,er<, 3i6 qt{ frs{ x} qrfi;
(e) sq-qTr (1iT) t q:*m, ffifuo sc-t<r eit:Fnft{ foqr qrqrn, qaf{.
qffit', 2023 d qr sq+ w[rd sq tffr ]. qfiq
'11s) 1 B-q rrg "Fn .rc cM e.z
cfterdft<t+qrstq*.n r"r
[rEr.
q. 1 /04/201 6-qrrrF]
qrqftq TErff, :rqr qBa
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v,Trarfr clm r
ftqlT-w+q-{rriqioqr.sr.R.9i6(s), ilftq 12ft{q<,2019Br<rqr<r+<toFFr, if,flqr<or, qr{r

2, ris 3, vclis (D t xsrR-f, ff.r€ ft dt< <-qrsrq dqiq qr.or.R. 287(ir), ilfte s T{, 2022 *(
6 THE CAZETTE OF INDIA : EXTRA ORDINARY
IPART lI-SEC. 3( rll
qT'$r.fr' 842(s), ilrfte 23 n"iq(, 2022, lrr.il.fr.
56 (o, iltq 27 s{-{t, 2023 {r( Irr.$r.fr.
240(q), ilrftq 31 qr{, zozs il<r {.ctft( ff G ftr
NOTIFICATION
New Delhi, the 27th Aprit,2023
G'S'R'326(E) In exercise ofthe powers confened by section 3A ofthe Govemment

- central covernment savings promotion Act. 1873
(5 of 1873)' the hereby makes ihe following scheme furthor to ameid the s"nio, Citir.n.'
Savings Scheme, 20 19, namely:-
l (| ) This soheme may be caled the Senior citizens' savings (Third Amendment) schome, 2023.
(2) It shall be deemed to have come into force on the lst day ofApril,
2023.
2. ln the Senior Citizens' Savings Scheme, 2019, iD paragraph 5,_
(a) in sub-paragraph (lC), for the words and figures, "on or after the lst day ofJanuary, 2023", the words,
figures and brackets "beh.veen lst January,ro23 and 3rst March. 2023 (both days inclusive),:
shatt be
substituted:
(b) after sub-paragraph (lC), the following sub-paragraph shall be inserted, namely:_
"( lD) The deposit made under this Scheme on or after the lst day ofApril, 2023 shall bear interest at the
rate of8.2 per cent. per annum.,,.
[F. No. l/04/2016-NS]

ASHISH vACHHANI, Addl. Secy.
Explanatory Memorandum.- The Senior Citizens' Savings (Third Amendment) Scheme,2023 takes
effect from the
date as specified in the notification. However, no one shall be adversely affected as
a result or r"t-tp""tire
being given to this amendment Schemc. "rr""t
Note: The principal Scheme was pubrished itr the Gazette of rndia, Extraordinary, part rI, section
3, sub-
section (i) vide number G. s. R.916(E), dated the l2th December, 2019 and subsequeotiy
amended vide
number G.s.R.287 (E)' dated the sth May,2020, c.s.R. 8,12(E)r dated the 23rd xovemuer,20lz,
c.s.R.56(E),
dated the 27th January, 2023 and G.S.R. 240 (E), dated the 3 tst March, 2023.
{fuqs-{r
q?R-d, 27 qrsq,2923
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qlffii 6r rfrrr 6G gg, tr$t +r+ vw qqr frw+r, 2019 61 3fr{ TicfrF +rt h Rq q}-wr ffifua
E-{rft t, q.rti{:
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('q) sc-ttr I Fr) + c?rrf,, ffiBo sc-q-n at< {ngft ?,i(:qrft{ trr qnlt, q-qtq. -
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7
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q. 1/04/201 6-q{qq]
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t
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qr.ET.fr. 922(S), Trftq 12 R{T(, 201 I
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.r{ftt
NOTIFICATION
G'S'R327(E) exercise of the powers conferred by section 3A of the covernment savings promotion
1873 (5 -lnCentral Covernment
of 1873), the
Act,
hereby makes the following Scheme firrther to amend thJ National Savings
fime Deposit Scheme. 201q. namely:-
l. (l) This Scheme may be called the National Savings Time Deposit (Second Amendment) Scheme,2023.
(2) lt shall be deemed to have come into force on the lst day of April,2023.
2. In the National Savings Time Deposit Scheme, 2019 (hereinafter referred to as the said Scheme), in
paragraph 7,-
(a) in sub-paragraph l(c), for thc words and figures, "on or after the lst day of January, 2023',, the \xords,
figures and brackets "between lst January, 2023 and 3tst March. 2023 (both days inctusive;,, shall be
substituted;
(b) after sub-paragraph l(C), the following sub-pamgraph and Table shall be insened, namely:_
"l(D) The rate of interest as specified in the Table below shall be applicable to the dcposit made on or
alier Ist day of April, 2023 under the Scheme.
Tallle
S. No. Category ofaccount Rate of iDterest
(l) (2\ l
I One-year 6.8
2. I Two-years 6.9
8 TH E CAZET"TE OF INDIA : EXTRAoRDINARY
[PARr II-SEC. 3( i )l
3 lhree- 7.0
4. Five- 7.5".
lF. No. t/04/2016_NSl

Explanatory Memorandum.- The National savings Time Deposit (second
Amendment) scheme, 2023 ukes etrect
liom the date as specified in the notification. How"r"r, ,o or" shali be a;versely
affected as a result of r"trorpa"tlu"
effect being given to this arnendment Scheme.
Note: The principal Scheme was published in the Gazette of Indi4

Extraordinary, part II, section 3, sub-section (i),
vide number C.S.R. 922(E), dated the l2th Decemb-er,2019 and subsequently
amended vide numbei c.s-t. ieolr;,
date-d the gth Mav,2020, c.s.R. 838(E), dared the 22nd November,
20i2 and c.s.R. s31E;, aatea the ziit l-uury,
2023.
qfrqs-{r
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vr.6r.R. 32s(q).- ffiq

vc+rt qqr {qf{ 3rftR..{q, rB73 (1873 Fr 5) ft ar(r 3m trr(r
cc+r<,
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ftqEft? -fiq anrff t, 3{"rfi :-
I. wfficsr{fd*{rq{Tqqffifr
(1) q-qrurq-{ (vill fuiO ((*n{efru-{) Fftc, 2023 * |
(2) Ts 1 3rt{, 2023 t s-fca qrfr qr$ft r
2. tr*qq{il**rrrr{ (vilr frrtc) 6q, 2019 (ffirvdee}vr<rqsffF+qsErrrrra +ftr

5 t,--
(6) sckr (2s) t
"i n-ffifr, 2023 qil i*{r rq+ qqqm" eidi *r qra<i * qrr c{, "1 fi{ft,
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fr Eq'. wC t fri
rrq qA 6r cftr€*
{-q q6 6qR qR st
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qM ftq rrq qmrit h t
*.q*q 6}rn r vftrwm a'+ ff {rrurrr +ri nqS h Fffi ft iirr fr ft+.aeq
t Xqfft6 tr{;t 6*
qTCrn *{ qc rfrwa-rf r<rv tt
qr s{t i,fl?rs Arff ft r+q fr q{ rr{r rrFn qrq{n *rqqre
t
t+
rq ftff fr rq;q d *s frcr wqfl t',.
(Ir) sqq-(r (3) ffsr{!ft 3 t,--

si-{ft, 2023 + 3r.Er sq} ccqr(' 3iqit *r qrdt * rrrr< r<, "1 {r-{t,
(i) "1 2023 t 31 cr{,
2023 h ftq (ftdi + fft ilfttt fi mft-q 4,, 3rm, cr;< *< qir"6{ € qrqt;
(ii) qRuft-3 + c{yrE Fqfttq-{ wruft si(:e1rfr-{ ff "nqrft, 3r,rtd:_

lrrrrr [l-rTu-i 3(i)] qT.d 6II : {gIfiT'I 9
'I-FFT
ffi4
p wl-c, zozs d vr wt wvrq m.q frq rrq rqrsrr* t ftq
E{ffifts <rw*q{dfrcrqrdr{ looo {. {qflf +rqrorr{c-<i-q{
qrqft<{q
r6eret' 77.00 I
6vnatr 82.93
firtrqq 89 31
sl-4Tilf 96.19
ciE-{r E t
103.60
ftwur: er< fi;ff qw qrf * rqrurr{ E( iqre qrq ff ."q u'tff q*oft t RFtrc .*q fi qcrdsrft
trftr"r
3. s-+t ffiq *t<r z il vrtn 1+1 t,-

1+1 vnuft-s it "t q++ft, 2023 fr are-{r vq+ qq!rq,' ei+} 3fr( srdt h er.o c-(, "t qq-{ft,
2023 eft{ 31 {r{, 2023 + ff'n (&-qt t st{t erftd ff wft-r
$,' r,im, er< *{ dtws rd qrci-i ;
(s) qrruft-3 + cserq ffifur
snuft r:fu:enft-+ ff erq{ft, qqiq :-
sr$ft{
1t erfc, zoza * cr ss+ c{qrq 1 0oo nW t d* rrq q6 * qRq-<il $ ris 6d *
a<dwrti<rffrnoft1
errrdqiffrrftet cs+ cftc-€-ilr T{+<dtffilrftqfi qrqsQdt{r+.c(qs)
q-qft
(1) (2)
ftt s{t 3ifhfi, rrg ft-{ ES s{t( B16 TiTq TI rErI
e{ {r 12'14.77
frtef fr66 16 qr;qt i{fts, vig ar eS r +,w 1254.80
qrt e{ Tr s[+ 3rFl+, rr( w< e{ *< e6 qrE q 6q 1296.16
<r< aS *< a-6 rq qr set erkr, vrg viv <d t +t 1338.87"1
[sT. {. 1/04/2016-qnqql
qrqftq *arff, iir{ rrft{
H,*rrc+ rrq-r-u.fq ffi{ F'iiq) (Eq-{T riciitrn) ffiq, 2023 3{a-{fir t q?n RftEq
e-qr'rFr{ (vilr
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ftqq : W *c qrc{ * <rqq-r, snTrsrar, qr.r 2, ds 3, sc{is (D + {qis qr.t,.ft. 91g(q), ilrfre i 2
R&-<, 2919 ar<r c-rrRm ff G *
*< nerqr( {qin qr.sT.fr. 284({), rrfte s Tt, 2020 ffir
{qio qr.6r.ft. s4(q), rrfre 20 q-{{ft, 2023 Er(r {cfrkil ff ft G r
l0 THE CAZETTE OF INDIA : EXTRAoRDIN ARY
IPARr II-SEC. 3(i )]
NOTIFICATION
G'S'R328(E) exercise_ of the powers conferred by section 3,A of the Government

Savings promotion
Act, 1873 (5 of 1873), -ln
the central Government hereby makes the following Scheme further,o
u111rni',f,"-Nrlonul
Savings Certificates (Vlll lssue) Scheme,20l9, namely:_
l (I) This Scheme may be called the National savings certificates (vIII tssue) (second Amendment) sch€me,
2023.
(2) lt shall be deemed to have come into force on the lst day ofApril, 2023.
2' .ln
the National Savings Cenificates (vlll Issue) scheme, 2019 (hereinafter referred to as the said scheme), in
paragraph 5,-
(a) in sutr-paragraph (28), for the words and figures, "on or afler the
lst day ofJanuary, 2023", the following
words, figures and brackets "between lsl January,2023 to 3lst March,20i3 (both
aays rnctusiwl;'-siatt ue
substituted;
(b) after sub-paragraph (2t}), the following sub-paragraph shall be inserted,

namely:_
"(2C) The maturity value of an account opened on or after the lst day of April,
2023 with one thousand
rupees shall be one thousand four hundred forty nine rupees and rhree
iaisa ano propo.tlonate for aeposits
made with any other sum as per.sub-paragraph (l) of paragraph +. In calcuration
of maturity uaruJ,
amount in fraction ofa rupee shalr be rounded offto the nearesi rupee and for
this purpor",
-y
- of
amount
fifty paisa or rnore sha be keated as ore rupee and any amouot less ihan nry p"iru ,ir"ri u" rgrofuJ.;f
"ry
(c) in sub-paragraph (3), in TABLE-3,-
(i) for the words and figures, "on or after lst day ofJanuary, 2023',, the words, figures and brackets ,,betwcen
lst January,2023 to 3tst March,2023 (both days inclusive)', shall be substituted;-
(ii) after TABLE-3, the following TABLE shall be inserted, namely:_
"TABLE-4
IFor the certificates purchased on or after lst day ofApril,2023l
The year for which interest accrues Amount of interest (rupees) accruing on cenificated of
Rs.1000 denomination
First Year 77.00
Second Year 81.93
Third Year 89.31
Fourth Year 96. l9
Fifth Year 103.60
Note: The am-ount of interest accruing on a ce(ificate of any other denomination shall be proportionate
to th€
amount specified in the Table above."
In the said Scheme, in paragraph 7, in sub-paragraph 14y, -
(a) in TABLE-3, for the words and figures, "on or after rst day of January, zo23-, the words,
figures and
brcckets "between I st January, 2023 and 3 I st March, 2023 ( both days inclusive)', shall be substitutei;
(b) affer TABLE-3, the following TABLE shall be inserted, namely:-

lrrm lr-qrr 3(i)l lTran 6r TInFT.r : 3FITeIrrur
ll
.TABLE-.I
lTable showing premature closure value of account opened on or after the lst day of April,
2023 with 1000 rupeesl
Period from the date ofth e account to the date of its pre-mature closure Amount payable inclusive of interest
(rupees)
(l) \2)
T h ree ear5 or nt ore b ut I than thre years and I nl onths \ 12t4.77
T h l-ee v ears and S t\ n1 on ths I m ore b rrt I ess th alt fo tl r ears
1254.80
F u r v e ars or llt ore b U t \
th an fo LI r v ears ard SI nl o l1 ths 1296.16
F o u r !ears and s t\ m on th o r n1 ore but less than fi ve eals
) 1318.87".
lF. No. l/04/2016-NSl

ASHISH VACHHANI, Addt. Secy.
Expla[atory Memorandum.- The National Savings certificates (vlll

Issue) (Second Amendment) Scheme, 2023
takes effect from the date as specified in the notification. However, no one shall
be adversely affected as a result of
Note: The principar scheme was pubrished in the Gazette of India, Extraordioary, part
scction (i), vide number c.S.R. 919(E), dated thc 12th December, 2019 and subsequengy
ll, section 3, sub-
amended vide number
C.S.R. 284(E), dated the srh May, 2020 and G.S.R. 54(E), dated the 20th Janu
^ry,ZOZI.
qftqq{r
;r€ fr-.4{i, 27 -.{iT, 2023
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(2) {{ 1 Brf{, 2023 tr{mvrffwrgrft I
2. Sfiqr qk qrilr 6q, 2019 1ffi qvt qqt veqrq sffi ffiq s-{r rnr il + t<r 5 t,-
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t2 THE GAZETTE OF INDIA : EXTRAoRDIN ARY
[PART II-SEC. 3 (i)l
ftqvr : W rffq q..fr * <rqr{, qqTrr..sr, $rFr 2, Eis 3, sclis (i) + {qts nr.$r.fr.
922(!r), ilte 12
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s Tt, 2020 6r<r
tct&{ftrr{ft r
NOTIFICATION
G'S'R329(E) exercise of the powers conferred by section 34' of the covemment

Savings promotion
Act, 1873 (5 of 1873), -ln
the central Government hereby makes ihe following Scheme further to
Samriddhi Account Scheme, 2019, namely;-
iutunyu
"11"ndtt "
l ' (I ) This Scheme may be cared the sukanya samriddhi Account (Amendment) scheme, 2023.
(2) It shall be deemed to have come into force on the lst day of April, 2023.
2. ln the sukanya samriddhi Acaount scheme,20l9 (hereinafter referred to as the said Scheme),
5- in paragraph
(a) in sub-paragraph (lA), for the words and figures, "on or after
the lst day of Aprir, 2020',, the forowng
words' figures and brackets "between rst Aprir,2020 to 3rst March, zoziruotrr'aavs
incturir"t; ,i"rr u
substituted:
(b) after sub-paragraph (I A ), rhe following sub_paragraph shall be inserted, namely:_
"( I B) The deposits made in the account ofl or after the I st day of April, 2023 and the
.
the ac!-ount shall earn interest at the rate of 8.0 pcr cent. per annum.,,.
balances at the credit of
lF. No. t/04/2016_NSl
Exptanstory Memorandum.- rhe Sukanya Samriddhi Account (Amendmer,, $,i#3,'rlAtlf,l)#j,t*ij":;;

date as specilied in the notification. However, no one shall be adversely affected
as a iesult r.oorp""iir"
being given to this amendment Scheme. "i "rr."
Note: The principal Scheme was pubrished in the cazette of ltrdia, Dxtraordinary, part
II, section 3, sub-
section (i), vide number C.S.R.922(E), dated the l2th December,2019 and subsequently
amended vide number
G.S.R 288(E), dated the Sth May, 2020.
qftqq4
n€Ld, 2T'$,1.2023
rTr.{r.fr. 330(Br).- }ffiq FC{,r{, qc+rft e+a ft?i{ 3{Dffqq, 1873 (1813 61 5) ff ar{r 3$ arrr
r<< crkfr {r [fr{r fit gq, rr*q {s-ir qrs-ff qqr ffic, 2019 cFr *{ dct${ +-G + ftq ftqRe(
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12.12.20191 31 .03.2020 ilm 7231.38
01.04.2020 t 31.03.2023 iFF 6969.67
01.04.2023 +t sr :qh qqrC 7 043.27
3IAI trffi
Tq Tf fr fr{t til qI aqrq qB-{ {t?q 14'II qrroft q Bfttrc {6II ft qqricre +ft"
3 str Fftq + t{r i o + scq-{r (2) + rde 14 t,-
(6) vnuft t.t t, 't erl-c, 2020 +1 wmr sq+ wvq,, q-1 * ** * errr.r q<, "t or*.r,
ZozO
t st qr{, 2023 + fi-s (fuf } st{i drsd ff cnft-f, il,' :ris, erq *{ frq6 rd qrqt ;
(q) qr.uft t .t t cqETE ffi{fuil +nruft ei(:pnftd ff qrqft, ?,t qld :-
ffi-1.2
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1t erie, zozs (1 ) + q*{
qqrk<rRe qftqsilr q-{e + qrn qrR-{ qqrfr * qM qrt qrd q-< qrq qE(
5+rttr wq
Wf Em{rtqr,ffiqmrqr{r .{r too r. qw<tf *ftft ert vt r+q (tvg i)
\-{ qs 8731.07
<r st' 10525.97
fr"i ilf 12434.77
qTr 4g
14464.70
ci?q.t 16623.44
]ral trffi Fq T{t + ftff q'Tt IIr aql;l qftdr itq If,q qr<oft q EfrEs 1T,q ft {qricT+
I
I
4 sr rftq*i-rr 1 t h vl.trr (2) t,-

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t st qr{, 2023 + fi-s (F{qi t ffi qrft,ti ff cnft-q 81, ais, er< siR fr,z6 rA qrst ;
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rsRfr-2.2
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r< <rw vftr
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g* a,t 7490.21
el q',,f
7965.51
ff-{ a','f
8470.98
qnqf 9008.52
ciq 4,t 9580.1 7
t4 TH EC AZETTE OF INDIA : EXTRAoRDINAR Y
[PARr II-SEC. 3(i)
3r;qffi {Eq fli * Fffi ert q( ;qrq sEd dfu rrq, qr<sft t Rftffig FF{ ft qqrfqrft
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2020
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2023
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fftqr <d,c(rWt) {qr ({cS+)
1t11 frsrcqqr Jt) 3963.80
12 1240.86 37 4084.68
13 1U7.75 38 4206.15
14 1455.19 39 4328.33
15 1563.19 40 4451.O9
16 1671.74 41 4574.48
17 1780.U 42 4698.51
18 1890.51 43 4823.18
19 2000.74 44 4948.48
20 2111.U 45 5074.43
21 2222.91 46 520'1.03
22 23U.85 47 5328.28
23 2447.36 48 5456.18
24 2560.46 49 558/..74
25 2674.13 50 5713.96
26 2788.39 51 5843.85
27 2903.24 52 5974.40
28 3018.68 53 6105.62
29 3134.71 54 6237.52
30 3251 .34 55 6370.10
31 3368.56 56 6503.36
I
l1rrrr lt-r{rs 3(i)l qTIA 6I ir-rq? -firaTrlrr
l5
32 3486.39 57 6637.30
33 36&1.83 58 6771.93
u 3723.87 59 6907.2s
35 3843.52 60 7U3.27
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[$r. d. 1 /04/201 6-g;rgs]
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qr.{r.R. B3s(q), ilftq 22 n?iq(, 2022 Era {{tfuil fi G ff r
NOTIFICATION
G'S'R330(E) In exercise of the powers confened by section 3A of the Gov€mment Savings promotion
Act, 1873 (5 of 1873), -the Central Govemment hereby makes the following scheme further to
amend the National
Savings Recurring Deposit Scheme, 2019, namely:-
l. (t) this s"heme may be called the National Savings Recurring Deposir (Amendment) scheme, 2023.
(2) It shall be deemedto have come into force on the lsr day ofApril,2023.
2' !" th€ National Savings Recurring Deposit Scheme, 2019 (hereinafter referred to as the said Scheme), in
paragraph 9, for the TABLE l.l, the following TABLE shall be substituted, namely:_
*TABLE-I.I
Period during which account is opened mount (Rupees) repayable on atr account of 100 rupees
denomination
From 12.12.2019 to 31.03.2020
7231.38
From 0l .04.2020 to 31.03.2023
6969.67
On or after 01.04.2023
7043.27
Amount repayab I nclu s f
o lnterest o n a11 account of an v oth er den ont rnat I on sh al I be proporti onate to the
amount s c I fied ll the ta t)
.,] In the said Scheme, in paragraph 10, in sub-paragraph (2), in clause (a),-
(a) in TABLE-|.1. for the words and Iigures, "on or after the lst day of Aprir, 2020-, the fo owing words,
figures and brackets "bet\a een I st April, 2020 to 3 I st March, 2023 ( both days inclusive)', shall be sub"stitutedj
(b) after TABLE- 1.1, the following TABLE shalt be inserted, namely:.
t6 THE CAZETTE OF INDIA EXTRAORDINARY
[PARr II-SEC. 3 ( i)l
(TABLE.1.2
lAmount inclusive-of interest repayabre oll the accounts opened on or after tbe rst day of Aprir,
and continued r ith monthly deposits beyond lhe maturiiy period 2023
or maturity period as extended
under sub_paragraph (l) ofparegraph l0l
Number ofcompleted years for which the account Am ount (Rupees) on an account of 100 rupees
continued denomination
One ears
8731.07
Two carS
10525.97
Three cars
12434.77
Four ears
t4464.70
Fi\e ears
16623.44
Anrount repay ab e in c tt c o f II te rest on ac count of any oth e
AD den oll) rnali(rr sha be propo rtionate to the
amount ifi ed he tab e
,l In the said Scheme, in paragraph I l, in sub-paragraph (2),-

(a) in TABLE-2.I, for the words
-d .lqy::, ,,on or atter the lst day of April, 2020,,, the foltowing words,
figures and brackets "between lst April,2020 to 3lst March,2023 (borh days inclusive),, shall be sub-slituted;
(b) after TABLE-2.1, rhe following TABLE shall be insened, namely:_
4T ARLE.2.2
lAmount inclusive of i,,terest repayabre on the accounts opened on or after the rst day of Aprir, 2023
and continued without any fresh monthry deposits beyond the maturity period
or maiurity period as
extended under su b_paragraph (l) of paragraph I I
I
N umber ofcompleted years for which the account mount (Rupees) on an account of lO0 rup€es
One ears
7 490.21
Two ears 7965.51
Three earS
8470.98
Four ears 9008.52
Five ears 9580. r7
Amount repay ab le nc LI o f n t re st on an ccoun I I any o ther d enom rnat on Sh al be propo rtion ale lo rhe
amount s fi ed n I h ta b
5 ln the said Scheme, in paragraph 12, in sub-paragraph ( l),-
(a) in TABLE-2.1, for the words .,or or after the
-d.lg-y:} lst day of April, 2020,,, the following words,
figures and brackets "bofween lst April, 2O2O to 3lst March, 2023 (b;th days inclusive),,
shall be suU-rtitrt.A,
(b) after TABLE-2.1, the following TABLE shall be insened, namely:-
4T ABLE-2.2
lAmouot payable to legal heir or nominees on the death of the depositor in five years under this
Scheme on the accounts opened otr or after the lst day ofApril,2d23 and up to
tie closure ofthe
accountl
Number of Amount (Rupees) for Number of Amount (Rupees) for

deposits made denqmination of 100 rupees deposits made denomination of 100
I to ll De ts made -t6 3963.80
t2 t240.86 37 4084.68
ti 1347;7s i8 1206.19
l,l 1455.19 39
l5 1563. t9 ,10 ,1451.09
16 167 t.74 4l 45'7 4.18
t'7 t780.84 11 4693.51
t8 t890.51 13 4823.18
l9 2000.74 14 4948.,18
20 2llt.54 ,15
5074..13
2t 2222.91 {6 520r.03
[]rFr [l-r4rrs 3(i)l qTi( SI ITIFI-T : {qIUTTIIT
l7
22 2314.85 47 5328.28
23 2447.36 48 5456. t8
21 2560.46 49 5584.7 4
25 26',74.t3 50 5713.96
26 2788.39 51 5843.85
27 2903.24 52 597 4.10
28 3018.68 53 6105.62
29 3134;tl 5l 6237 .52
30 3251.34 55 6370. r0
3l 3368.56 56 6503.36
32 3486.39 57 6637.30
33 3604.83 _i8 6',7'71 .93
34 3723.87 59 6907 .25
34 3843.52 60 '1043.27
I11 o unt rc pa ab e tn c I u
v f
o inte res t on AD ac cou n t of any other den onl i n at o lt sh al I be propo rt I onate lo
the anl o unt s fl ed I t1 t hc rab le
[F. No. t/04/2016-NS]

ASHISH vACHHAN|, Addl. Secy.
Explanatory Memorandum.- The National Savings Recurriag Deposit (Amendment)

scheme,2023 takes elfect
from the date as specified in the notification. However, no one slhall be adversely
affected as a result oi ret.ospectire
effect being givcn to this amendment Scheme.
Note: The principal scheme was pubrished in the.Gazette of India, Extraorditrary, psrt
Ir, section 3, sub-
f{!n numbcr c.s.R. 922(E), dared the 12rh December,20l9 and subsequeniry amended vide numbers
-(r]1v{1e
G.S.R 285(E), dated the sti May,2020 and C.S.R 838(E), dated the 22.d Noy€m i"r,ZdZi.
Uploaded by Dte. ofPrin ling at Govemment oflndia Press, Ring Road, Mayapuri, New Delhi-l10061
and l, ublished by the Controller of Publications. Delhi-l10054.
No. FS- I 0/2 l/2023-FS-DOP
Government of India
Department of Posts
(F.S. Division)
Dated:22.05.2023
To
AII Head of Circles / Regions
Subject: (2000 Denomination Banknotes - Withdrawal from Circulation -

Regarding.
Reserve Bank of India in Press Release No. 2023-20241257 dated 19.05.2023 in

pursuance of its 'Clean Note Policy', has decided to withdraw the t 2000 denomination
banknotes from Circulation. The banknotes in t 2000 denomination will continue to
be legal tender.
2. In this connection, the following instructions are issued to be adhered strictly by

the post offices and other units / offices handling the cash.
(a). { 2000 denomination banknotes shall not be accepted for exchange in post
offrces and other oflices handling cash. Members of the public should be advised to
exchange the notes in the banks. However, acceptance of t
2000 denomination
banknotes should not be refused for any postal transaction in the offices / units.
(b). Deposit of t 2000 denomination banknotes in Post Office Savings Bank accounts
which are fully complied with the applicable KYC norms, can be accepted in the usual
manner without any restrictions and subject to the extant instructions.
(c). All the offices / units shall discontinue issue of{ 2000 denomination bank notes.
(d). In ATMs, cash should not be replenished wittr < 2000 denomination bank notes.
It may be ensured that { 2000 denomination banknotes are not disbursed from the
ATMs. i.e. if the cash balance in the ATNIs contains t 2000 denomination banknotes,
they may be replaced with other denomination banknotes.
(e). Post offices / units shouldremit { 2000 denominationbanknotes to the banks on

daily basis to ensure non-stock oft 2000 denomination banknotes in the post offices
and other units / offices.
2
t2t
3. A copy of the Press Release informing the public of the exercise and soliciting
their co-operation issued by RBI is enclosed for ready reference which may be displayed
in the counter hall, ATM kiosks and other public access areas in the post offrces.
4. The above instructions will be effective until 306 September 2023.
5. Circles / Regions are requested to issue suitable instructions to the offices / units
and advise them to extend all co-operation to members ofthe public, so that the exercise
is conducted in a non-disruptive manner, without any inconvenience to the public.
6 This may be circulated to all the Offices for information and necessary actions.
7 This is issued with the approval of competent authority.
Encl: As above.
ours faithtully
G
(SB-D
Copv to:-

3. PPS/ PS to Addl. DG (Co-ordination/Ivlember (Banking)/Ir,Iember (O)A,Iember (P)/
Member (Planning & HRD/Member @Ll/lvlember (tech/AS & FA
I l. The Under Secretary, MOF (DEA), NS-II Section, North Block, New Delhi.
Upadhyay Marg, New Delhi-l10002.
13. CEO, IPPB, New Delhi - 110001.
15. Guard File
(r AI9
(SB-D
File No. FS-1O/21/2023-FS-DOP (Computer No. 31257841
/202
7W
490127
1.1 ']_1Tffi PRESS RELEASE
AZEOIgl
AmritMahotsav
r+rrfrqM+€
RESERVE BANK OF TNDIA
AqTIti-{ : wrrYrr. rbi.org.in/hindi fit< Rfi{r, tfr{ srqterq, {rt< rr{T fitE cFt, +t, - 400 001
t bbsite : wuru.rbi.org.in
t-*c/emait : helodocrOrbi.oro.in Mumbai - 4OO OOt *t/Phone: 022 - 2266 O5O2
May 19,2023
t2000 Denomlnatlon Banknotes -
Withdrawal from Circulation; Will continue as Legal Tender
The t2000 denomination banknote was introduced in November 2016 under

Section 24(1) of RBI Act, 1934, primarily to meet the currency requirement of the
economy in an expeditious manner after the withdrawal of lega! tender status of a!!
t500 and t1000 banknotes in circulation at that time. The objective of introducing
t2000 banknotes was met once banknotes in other denominations became available
in adequate quantities. Therefore, printing of t2000 banknotes was stopped in 2018-
19.
2. About 89% of the t2000 denomination banknotes were issued prior to March 2017
and are at the end of their estimated life-span of 4-5 years. The total value of these
banknotes in circulation has declined from t6.73 lakh crore at its peak as on March
31,2018 (37.3o/o of Notes in Circulation) to t3.62 lakh crore constituting only 10.80/o of
Notes in Circulation on March 31, 2023. lt has also been observed that this
denomination is not commonly used for transactions. Further, the stock of banknotes
in other denominations continues to be adequate to meet the currency requirement of
the public.
3. !n view of the above, and ln pursuance of the 'Clean Note Policy' of the Reserve
Bank of lndia, it has been decided to withdraw the t2000 denomination banknotes
from circulation.
4. The banknotes in t2000 denomination will continue to be legaltender
5. lt may be noted that RBI had undertaken a similar withdrawal of notes from
circulation in 2013-201 4.
6. Accordingly, members of the public may deposit <2000 banknotes into their bank
accounts and/or exchange them into banknotes of other denominations at any bank
branch. Deposit into bank accounts can be made in the usua! manner, that is, without
restrictions and subject to extant instructions and other applicable statutory provisions.
7. ln order to ensure operational convenience and to avoid disruption of regular

activities of bank branches, exchange of t2000 banknotes into banknotes of other
denominations can be made upto a limit of t20,000/- at a time at any bank starting
from May 23,2023.
Generated from eOffice by VIAYAN TC, ADMC)FS, ASSISTAiIT DIRECTOR, DOP on 22/os/2023 o3:'rS PM
File No. FS-1O/21/aO?3-FS-DOP (Computer No. 3125784)
190127 /2023 /FS_D0P
8. To complete the exercise in a time-bound manner and to provide adequate time to
the members of public, all banks shall provide deposit and/or exchange facility for
{2000 banknotes until September 30,2023. Separate ouidelines have been issued
to the banks.
9. The facility for exchange of t2000 banknotes upto the limit of t20,000/- at a time
shall also be provided at the 19 Regional Otrces (ROs) of RBI having lssue
Departmentsl from May 23,2023.
10. The Reserve Bank of lndia has advised banks to stop issuing {2000 denomination
banknotes with immediate effect.
1 1 . Members of the public are encouraged to utilise the time up to September 30, 2023
to deposit and/or exchange the t2000 banknotes. A document on &ggg$!Il19Ecd
Questions (FAQs) in the matter has been hosted on the RBI website for information
and convenience of the public.
(Yogesh Dayal)
P rcss Release : 2023 -20241 2dl Chief General Manager
IAhmedabad, Bantalore, Eelapur, Bhopal, Bhubaneswar, Chanditarh, Chennal, Guwahati, Hyderabad, Jaipur,
Jammu, Kanpur, (olkata, Lucknow, Mumbal Natpur, New Delhi, patna and Thiruvananthapuram
2
Generated from eoffkc by VUAYAN TC, ADgrc)FS, ASStSIAitT DTRECTO& DOp on zzlo5l202! O!,4s pM
SBOrderNo. 12 12023
No. FS-10/22/2023-FS-DOP
Government of India
Department of Posts
(F.S. Division)

Dated:25.05.2023
To
Subject: Revision of Know Your Customer (KYC) / Anti Money Laundering

(AML) / Combating the Financing of Terrorism (CFT) norms in
respect ofPOSB - Reg.
Master Circular No. I on AML/CFT norms applicable for Small Savings

Schemes has been circulated in SB Order No.l4D0l2 dated 09.10.2012.
2. Departrnent Economic Affairs, Ministry of Finance has notified Govt. Savings

Promotion General Rules 2018 (GSPR 2018) and National Savings Schemes Rules
2019 which have been implemented from 18.12.2019. GSPR 2018 prescribes the
mandatory documents and other optional documents to be obtained from the
depositors.
3. After implementation of CBS, the process of reporting of transactions has also

got changed.
4. Further, in order to comply with the guidelines of Financial Intelligeut Unit -

India (FIU-IND) and Financial Action Task Force (FATF), it has been decided to
issue revised guidelines on AML/CFT norms to be followed in the post offrces in
respect of National (Small) Savings Schemes and accordingly, Master Circular No. 2
of KYC I Al\il- I CFT norms is attached herewith. This will supersede all previous
orders issued on the subject,
5. Appendix I of POSB (CBS) Manual (Conected up to 31.12.2021) is amended

and the contents of Master Circular No. 2 which is attached herewith shall be the
amended text.
6 This may be circulated to all the Offices for information and necessary actions.
7 This is issued with the approval of competent authority.
Encl: As above.
ours faithtully
"\,
(TC YAr9
Asst. (SB-D
Copv to:-
1. Sr, PPS to Secretary @osts)
3. PPS/ PS to Addl. DG (Co-ordination/lvlember
@anking/lvlember (O/Ir,Iember (P/
Member @lanning & HRD/Member (PLI)/Member (Tech/AS & FA
5. Chief General Manager, BD Directorate / Parcel Directomte / PLI Directorate
6. Sr. Deputy Dircctor Gercral (Vig) & CVO) / Sr. Deputy Director General (PAF)
l0.All General Managers (Finance) / Directors Postal Accounts / DDAP
ll.The Under Secretary, MOF (DEA), NS-II Section, North Block, New Delhi.
12.The Joint Director & HOD, National Savings Institute, ICCW Building,4 Deendayal
13.All recogrized Federations / Unions / Associations
l4.Guard File
Gc AYAr9
Asst. (SB.D
Amexure to SB Order No. 122023
Master Circular No. 2 - Know Your Customer (KYC) / Anti Money Laundering
(AML)/ Combating of Financing of Terrorism (CFT) Norms
Introduction
1.1 Know Your Customer (KYC) Norms/Anti Money Laundering (AML)

MeasureVCombating Financing of Terrorism (CFT)/Obligations under PMLA, 2002
(amended from time to time)
The objective of KYC/AMUCFT guidelines is to prevent money laundering or

terrorist financing activities by use of Post Office Savings Bank intentionally or
unintentionally by criminal elements. KYC procedures also enable to post office Savings
Banks to knodunderstand their customers better which in tum help them manage their risks
prudently.
1.2 Delinition of Customer
For the purpose ofKYC policy, a customer is defined as:
. An individual that maintains an account and/or has a cash certificate or has a business
relationship with the Post Office Savings Bank.
. An individual on whose behalfthe account is maintained (i.e beneficial owner).
2. Guidelines
2.1 General
All Post Office Savings Banks should keep in mind that information collected from the
customer for the purpose of opening of account or purchase of savings certificates is to be
treated as confidential and details thereof are not to be divulged for cross selling or any other
purposes.
2.2 KYC Policy
Under PMLA provisions, Post Office Savings Bank declares its KYC Policy on the
following four elements :
(a) Customer Acceptance Policy.

(b) Risk Management
(c) Customer Identifi cation Procedure.
(d) Monitoring of Transactions; Record keeping and Reporting.
KYC - Master Circular No. 2 Page 1of12

Annexure to SB Order No. I 2023
2.3 Customer Acceptance Policy (CAP)
(D No account is opened in anonymous or fictitious name,/benarni.
(iD Not to open an account or close an existing account where the Post Office Savings
Bank is unable to apply appropriate Customer Due Diligence measures i.e rmable to veri$ the
identity and/or obtain documents required as prescribed due to non- cooperation of the
crBtomer or non-reliability of data/information fumished by the customer. Howover, the
customer should not be harassed and any decision to close the account should be taken
by head of the Postal DMsion by giving suitable notice to the customer.
2.4 Categorization of Customcrs i,e. Risk categorization.
2.4.1 All customers according to the amount involved at the time of opening of account or
purchase of Savings Certificates or credit into an existing account have been categorized with
the perspective of risk involved. The categorization is as under:
(0. Low Risk
Where the customer opens account or applies for purchase of certificates or applies for
credit of matruity/prematurity value of any existing savings instrument with an amount up to (
50,000/and balance in all accounts and savings c.ertificates does not exceed { 50,000/-.
(ii). Medium Risk
Wherp the customer opens account or applies for purchase of certificates or applies for
credit of
maturity/prematurity value of any existing savings instrument with an amount
exceeding t 50,000/- but up to { l0 lakh and balance in all accounts and savings certificates
does not exceed t l0 lakh.
(iii). High Risk
Where the customer opens account or applies for purchase of certificates or applies for
credit of maturity/prematurity value of any existing savings instrument with an amount
exceeding { l0 lakh and balance in all accounts and certificates does not exceed t l0 lakh.
Note l: Politically Exposed Persons (PEPs) are individuals who are or have been
entrusted with prominent public functions by a foreign country, including the Heads of
StateVGovemments, senior politicians, senior govemment or judicial or military officers,
senior executives of state-owned corporations and important political party officials. The
accounts related to Politically Erposed Persons (PEPs) residing ouhide India shall fall
under High Rlsk Category.
KYC - I[ast€r Circular No. 2 Page2 of 12

Annexure to SB Order No. 12023
2.5 Customer ldentilication Procedure: Customer Due Diligence./I(now Your

Customer (KYC) norms
2.5.1 Following will be the CDD/KYC norms to be followed in case of opening of new
accountVpurchase of certificates falling under different t1ryes of accounts or Savings
Certificates: It is applicable to all types of Savings schemes including Certificates.
a). For all risk-categories
PHOTOGRAPH
- Two (tlree in case ofBO) recent Passport Size Photographs are to be given.
- In case ofJoint Account, photogra.ph ofalljoint holders should be given.
IDENTIFICATION PROOF
Aadhaar Number issued by the Unique Identification Authority of India (UIDAI)

o where the Aadhaar Number has not been assigned to an individual, he shall fumish
proof of application of enrollment for Aadhaar at the time of opcning an account and
the account holder shall fumish the Aadhaar number to the Accounts Office within a
period of six months from the date of opening of account for linking the account with
Aadhaar Number;
Permanent Account Number (PAN) or Form 60 as defined in Income Tax Rules, 1962
o If the depositor who has not submitted the Permanent Account Number at the time of
opening an account shall submit the same to the Post Offrce where the account exists,
within a period of two montls from tle date of happening of any of the following
events, whichever is the earliest, namelyi
(i) the balance at any point of time in the account exceeds fifty thousand rupees; or
(ii) the aggregate of all credits in the account in any financial year exceeds one lalh
rup€es; or
(iii) the aggregate of all withdrawals and tansfers in a month from the account exceeds
ten thousand rupees.
Note: In the event of the failure of the depositor to submitthe Pennanent Account Number
within the specified period of two months, the account shall cease to be operational till the
time depositor zubmits the Permanent Accormt Number at the post office where the account
cxists.
KYC Mast€r Circular No. 2 Page 3 of 12

-
Amexure to SB Order No. 122023
ADDRESS PROOF - Any one of the following documents

- Aadhaar Number issued by the Unique Identification Authority of India (UIDAI)
- Permanent Account Number (PA}.I)
If Aadhaar Number or PAN does not contain the present address, any ofthe officially valid
document
- Passport
- Driving License
- Voter's Identity Card issue by Election Commission of lndia
- Job Card issued by Mahama Gandhi National Rural Employment Guarantee Act duly
sigred by an officers of the State Govemment
- Letter issued by National Population Register containing daails ofname and address
- If officially valid document does not updated address, any one ofthe following
documents can be accepted.
oUtility bill which is not more than two months old of any service provider
(elechicity, telephone, post-paid mobile phone, piped gas, water bill);
o Property or Municipal Ta:< Receipt.
o Pension or family pension payment orders issued to retired employees by
Govemment Departnents or Public Sector Undertakings, if they contain the
address;
o Letter of allotment of accommodation from employer issued by the State
Govenoment or Central Govemment Departments, statutory or regulatory bodies,
public sector undertakings, scheduled commercial banks, financial institutions and
listed companies and leave and licence agreements with such employers allotting
official accommodation:
ATTESTATION OF PHOTOCOPY OF DOCI]MENTS
- Documents should be self-attested or in case of illiterate depositors, documents should be
attested by Gazetted Officer/Sarpanch/ Brancl/Sub/Deputy/Assistant/Head/Chief
Postnaste(s) or Postlan/Gram Dak Sewak Delivery Agent.
- ln case of inveshnent though agent, the agent shall also affix his sipatures and mention
the particulars ofhis agency on these documents alongside those ofthe depositor.
OTHER INSTRUCTIONS
l. In case ofJoint Accoun! ID and Address proofof all joint depositors are required.
2. In case ofBasic Savings Account, the document proving that the depositor is
beneficiary of any Govt, Scheme is mandatory,
3. Proof of age ofminor in case of account opened by a minor or on behalfof a minor
and Birth Certificate of the Girl Child in case of opening of Sukanya Samriddhi Account is
mandatory.
4. A certificate ftom Sup€rintendent ofmental hospital where a person ofunsound mind
is confined or treated, as the case may be, in case the account is opened on behalf ofthe
person of unsound mind.
5. ln case ofan account opened on behalf of a minor or a person of unsound mind the
KYC documents of the guardian shall be fumished.
KYC - Master Cfucular No. 2 Page 4 oflz

b). For High-Risk Categories
In addition to the documents prescribed in para (a) above, Proof of Source ofFund is
mandatory in case of High Risk Category.
PROOF OF SOI'RCE O['T'UI\ID

The customer has to submit copy of document strowing source of receipt of fimds tendered
investnent. Any of the following documents may be obtained as Proofof Source ofFund
(i). Bank / Post Offrce Account Statement (which reflects the source / receipt offirnd)
(ii). Any one of the Income Tax Retums filed during the last three financial years (
co-relates the investnent with the gross income)
(iit). Sale deed / Gift deed / Will / Letter of Administration / Succession Certificate
(iv). Any other document which reflects the income / source of firnd
Note 1: In case where the account/certificate holder is minor, the norms shall be
applicable to the guardian. ln case ofjoint account, the norms will be applied for all the joint
account/certifi cate holders.
Note 2: The customers who are already having updated KYC details in CBS Post
Offices are not required to submit photograpbs and KYC documents along with KYC form for
opening of accounts subsequently.
Note 3: Depositor may open account in any post office by submitting the prescribed
KYC documents irrespective of hidher area of residence.
2.5.2 Review of Customer l)ue Diligence / Re-KYC
l. The documents and information collected during the CDD process are required to be
kept up-to-date, by undertaking reviews of existing records. For carrying out the review, the
following periodicity is prescribed.
Risk Category Number of years after which the CDD documents and information
should be reviewed
Low Every seven years
Medium Every five years
Hieb Every two years
2. Further, CDD is required to be carried out when there is a suspicion of money laundering or
terrorist financing or when there is doubt about the veracity or adequacy of previously obtained
customer identification dat8.
KYC - Mastcr Circular No. 2 P€e 5 of 12

Amexure to SB ffier No. 122023
3, As regards existing customers, due diligence should be conducted at appropriate times, such as
when a transaction of significance takes place, or when there, is a significant change in the way that
the account is operated etc.
4. Where CDD cannot be carrie.d out as prescribed, the account should not be opened or the
business retation commenced or the tansaction permitted to take place. Further, sending of a
Suspicious Transaction Report should be considered.
3. Operating Procedure
3.1 Attestation of KYC Documents
(r). At the time of opening of account or any subsequent ffinsaction, it should be ensured
that all KYC documents submitted are as per risk categorization and have been self-attested.
In case of illiterate customers, the documents are to be attested by any of the Gazetted Officer
or Sarpanch Gram Panchayat or any Postal Staff or Gramin Dak Sewak.
(ii). If the account is opened through agent, the agent concemed should also attest the
documents by putting dated signatures along with agency number and date of validity in
addition to self-attestation or attestation by other means as mentioned in clause (i) for illiterate
depositorJtrolders. In case of Joint AccountVinvestments, documents ofall joint depositors or
holders are required to be submitted.
(iii). It is the duty of BPIvI/SPM/Supervisor (APIvI/DPM) to see that all KYC documents are
having attestation as per clause (i) and (ii).
3.2 Disposal of PhotoCraph G)
(i). (APM/DPM) will attest the photograph(s) after ensuring that

the face impression of depositor/holder agrees with the photograph. In case depositor(s) iVare
unable to attend post office for opening of account and all documents are submitted through
authorized person or in case of invesfinent though agent (in RD/TDA{IS/KVPNSC only),
the photograph should be attested by comparing the same with copy of Photo ID. If the photo
on the photocopy is not legible, the agent should be asked to submit either legible copy or the
original document. If identity is still not established, depositor may be called for personally in
the post office.
(ii). In BO, BPM shall paste one photo in the Specimen Siguture Book, one photo on the
account opening form and one photo on the KYC form.
(iii). lnof HPO/SO, Supervisor/APIWDPIWSPM shall ensure that one photo is pasted
case
on the Account opening form and one on the KYC form.
KYC - Master Circular No. 2 Page 6 ofl2

3.3 Disposal of copies of KYC Documents
(1). In HPOVSOs, KYC Documents should be attached with Account opening form. In
case of accounts opened at BOs in account with Account omce concerned, documents will be
received along with account opening fonn and preserved in the guard file of account opening
forms of Account Office itself. The guard files shall remain in the custody of Supervisor (Dy,
PIVI/APM)/SPM concemed.
(iD. In BO, GDSBPM shall take attested copies of KYC Documents or attest the same after
veriffing with original, and send account opening form and KYC form tq Account Office
along with KYC documents.
Note 1: SOs/HOs shall send the KYC form to CBS-CPC for scanning the signature and
photo on daily basis.
3.4 Comparison of Address
BP}vl/SPlvl/Supervisor (APM/DPM) shall ensure that address mentioned in the account

opening form is the same as mentioned in the address proof document.
3.5 Comparison of name
BP}vl/SPlvl/Supervisor (APM/DPM) shall ensure that name of depositor mentioned in

the account opening form is the same as mentioned in the Identity proof document.
3.6 Recording of receip of KYC Documents
BPlWSPlvflSupervisor (APIWDPM) shall record in writing under dated sigratures on

Account Opening Form or Purcbase application as "KYC Documents verified & attached".
3.7 Procedure at the time of subsequent account opening / re-investrrent
(i). In
of depositor/investor approaching the same post offrce for another
case
account opening either directly or through agent who has already given CDD/KYC
documents, there is no need to take these documents again unless there is change in the KYC
details.
(ii).In above cases, the depositor or investor has to write CIF ID / account number
or registration number of certificates through which CDD/KYC documents were given earlier.
For this, in place of photograph in Account Opening form, the depositor shall write under
dated signatures as "KYC Documents already submitted vide CIF ID / Account
No./Registration No. dated _ .". If the depositor is carrying the passbook of that
KYC - Mast€r Cicular No. 2 Page7 of 12

Annexue to SB Order No. 122023
account or certificates in original or photocopy, the BPIWSPtvI/Postmaster shall veri$ from

these documents, the name and address of the depositor or investor or the
BPIWSPtvI/Postnaster shall verify the name and address of the depositor/investor from
Finacle or the Accouot Opening form or Purchase Application or kdger or SS Book (in case
of BO) and put remark in red ink on the fresh Account opening form tlat "KYCD already
If
the accounUcertilicater referred are
taken and verified" under his/trer dated signatures.
found cloged/discharged, fresh KYC documents should be taken only if there is change
in the KYC details.
3.8 When manrity value is credited into savings account
When any depositor or certificate holder rcquests for credit of maturity value into existing
savings account, it
should be allowed only after ensuring that concerned savings account rias
opened with due KYC documents applying risk category as per balance in the account after credit
of maturity value. In case a new savings account is opened to crcdit matuity value, it should be
ensured that due KYC documents of appropriate risk category are taken based on the maturity
value being credited into the account.
3,9 General
In case any post office finds that depositor/investor is not co-operating in fumishing
fesh KYC documents in case of any suspicion, the Postrnaster will refer the matter to the
head of Postal Division who will order closure of Account and intimate the depositor/investor
the reasons oftaking such decision.
4. of
4.1 Maintenance of Records of Transactions
4.1 .l All post offices shall maintain the record of all transactions including the record of:-
(a) Any transaction where cash is accepted and forged or counterfeit curency notes are
used or where forgery of valuable Security or documents has taken place.
(b) Any attempted transaction involving forged or counterfeit crrrency notes, forged
security or document,
(c) All suspicious transactions, involving deposit withdrawal, transfer of account,

solvency certificate/ Indemnity certificate etc. inespective ofthe amount oftransaction.
KYC - I{aster Circular No. 2 Page E of 12

Annexue to SB Order No. 12023
4.1.2 Definition of suspicious transaction:
Suspicious Transaction means a transaction defined in clause (D to (rv) below, including

an att€mpt€d transaction, whether or not made in cash which, to a person acting in good faith-
(i) gives rise to a reasonable ground of suspicion that it may involve proceeds of an
offence specified in the schedule to the Ac! regardless ofthe value involved: or
(iD appears to be made in circumstances ofunusual or unjustified complexity: or
(iii) appears to have no economic rationale or bonafide pupose; or
(iv) gives rise to a reasonable ground of suspicion that involves financing ofthe activities
relating to terrorism;
4.1.3 Definition of 'Transaction'
'Translction' includes deposit, withdrawal, exchange or tansfer of frmds in whatever

curnency, whether in
cash or by cheque/DD/Banker's chcque, payment order or other
instruments or by electonic or other non-physical means.
4.1,4 All Iong Books, Ledgers,Specimen Signature Books, BO SB/RD/TD Journals, List of
Transactions, BO Daily Accounts, Vouchers etc. need to be kept properly ananged at all
levels i.e BO/SO/HO including SBCO so that any transaction can be re-constructed to know:
(a) The naturc of taDsaction

(b) The amount of tansaction
(c) The date on which transaction was conducted
(d) Parties to the transaction.
4.2 Reporting of Tnnsactions.
Following tlaes of tansactions are to be reported:
4.2,1 Types of transactions
(a) All g! transactions of value more than t l0 Lakh.

(b) All series of cash tansactions which are less than < l0 lakh but are integrally
connected and are carried out within one calendar month period and totally exceed t l0 Lalfi.
(c) Any account where cash is accepted and forged or counterfeit currrency notes are used
or where forgery of valuable Security or documents has taken place.
(d) Any attempted tansaction involving forged or counterfeit crurency notes, forged
security or document.
(e) All suspicious tansactions, involving deposit, withdrawal, tansfer of account,
solvency certificate/ lndemnity certificate etc. irrespective ofthe amount oftransaction.
KYC - I[aster Circular No. 2 Page 9 of 12

Arnexure to SB Order No. 12023
4.2.2 Reporting schedules
(a) Cash Transactions Report (CTR)
Type of Transactions
(a). All castr transactions more than { l0 Lakh.
t
@). All series 6f gash transsctions which are less than I 0 lalih but are integrally
t
connected and are carried out within on+month period and totally exceed l0 Lalfi.
Method of Reporting of CTR
a) CEPT CBS-Reports Team will be responsible for generatior/preparation of lisVreport
of tansactions (deposit/issue/withdrawal/discharge) mentioning nature of mnsactiorL
amount, name and address of depositor/holder, date of tansaction, place of transaction,
PAN No. (if given) of depositor/holder and other details in the format as required for
filing of report in Finnet 2.0 of Financial Intelligence Unit - India (FIU-IND), centrally
for pan India. Reports Team will be responsible for sending this list/report to DDG
(PCO/PMLA) in Directorate on monthly basis by 6d working day of the subsequent
month.
O), Suspected Transaction Report (STR)
Type of Transactions
(a) Any account where cash is accepted and forged or counterfeit curency notes are used
or where forgery ofvaluable Security or documents has taken place
(b) Any attempted transaction involving forged or counterfeit curency notes, forged
security or document.
(c) All Suspicious
(d) transactions, involving deposit withdmwal, transfer of account, solvency
certifrcate/Indemnity certificate etc. irrespective of the amount ofbansaction.
Method of Reporting of STR
a) In-charge of every departnental post offrce will be personally responsible for
preparation of list of tansactions (deposMssue/withdrawaVdischarge) mentioning
nahre of tansaction, amount, name and address of depositor/trolder, date of
transaction, place of tansaction, PAN No. (if given) of depositor/holder and
natur€/reason of suspicion in detail and will be responsible for sending this list to the
I{ead of the Division (by name) on the very same day.
b) The Head of the Division will be personally responsible for sending post ofiice wise
list of such transactions of his division to head of circle (by name) on the very same
day ofthe receipt ofSTR from PO.

c) The Head of the Circle will be responsible for sending the consolidated post omce-
wise list of such STRs to DDG(PCO), PMLA (by name) at Directorate by on the very
same day of receipt of STR from D.O. who will in tunr make report to FIU-IND.
Note 1: - It is likely tbat in some cases tansactions are abandoned/ aborted by customers on
being asked to give some details or to provide documents. All such attemoted trawactions
should also be reported lilce STRs irresoective of the amount of the transaction and even ifthe
transaction is not completed blt the customer.
Note 2: - Circle Nodal Officers should close all the CTR/STR alerts in SAS-AML 7.1 daily on
real time basis.
Note 3: - Circks shall keep the lact of furnishing STR strictly conlidential, It shall be
enswed that there is no tipping otf to the customer al any level
5. Record Keeping
5.1 All long books and List of Transactions either available in hard copy or in soft copy
should be preserved for 5 years.
5.2 All ledger cards or account details either available in hard or soft copy, Account
Opening Forms with CDD/KYC documents and SS Books should be preserved for 5 years
after closure of the account.
5.3 All account closure vouchers are to be preserved for 5 years from the date of closure of
accounts.
5.4 All purchase application forms along with KYC/CDD documents should be preserved
for 5 years after discharge of certificates.
6. Guidelines for the existing POSB Accounts / Savings Certifrcates holders opened /
issued before the issue of this order
(a). Ifa
depositor has already opened an account / purchased certificate and has not
submitted his/her Aadhaar number to the Post Office where the account exists, the depositor
shall do so within a period of six months with effect from the 13t day of April, 2023, and in the
event of failure of the depositor to submit the Aadhaar number within the specified period of
six months, account shall cease to be operational till the time the depositor submits the
Aadhaar Number to the Accounts Office.
O). If the depositor who has not submitted the Pennanent Account Number at the
time of opening an account shall submit the same to the Post Ofiice where the account exists,

Aflrexule to SB Order No. 12023
within a period of two months fiom the date of happening of any of the following events,
whichever is the earliest, namely:-
(i) the balance at any point oftime in the account exceeds fifty thousand rupees;
or
(iD the aggregate of all credits in the account in any financial year exceeds one
lakh rupees; or
(iii) lhe aggregate of all withdrawals and transfers in a month from the account
exceeds ten thousand rupees.
Note: In the event of the failure of the depositor to submit the Permanent Account Number
within the specified petiod of two montls, the account shall cease to be operational till the
time depositor submits the Permanent Account Number at the post office where the account
exists.
(c). other CDD/KYC norms, procedure and mentioned in the paragraph (3)
All
above are applicable to the existing accounts / certificates. Post Office shall obtain KYC
documents for existing accounts if already not available.
(d). CDD/KYC documents are also required to be taken for the existing accounts /
certificates in case of Transfer of account, revival of silent account or when depositor's
signatures not matched with existing specimen signatwe.
(e).CDD/KYC documents are also required to be taken afresh in the existing

accounts or certificates when there is a suspicion ofmoney laundering or terrorist financing or
when there is doubt about the veracity or adequacy of previously obtained customer
identification data or where there is doubt over identity of the depositor/investor.
(0. All instructions related to records keeping mentioned in the paragraph (5)
above shall be applicable to existing accormtVcertificate.
(7c.v.tA/a)
AD(ssD
KYC - Mast€r Circular No. 2 Page 12 of 12

No. FS- 1 0/22/2023 -FS-DOP
Govt. of India
Department of Posts
(F.S. Division)
Dated: 29.05.2023
Corrigendum
To
All Heads of Circles / Regions
Subject Revision of Know Your Customer (ICYC) / Anti Money Laundering (AML) /
Combating the Financing of Terrorism (CFT) norms in respect of POSB - Reg.
***
Madam / Sir,
Kindlyreferthe SB OrderNo. 1212023 dated 21.01.2023issuedinconnectionwiththe subject

cited above. In para 2.4.1 (iii) of the Master Circular No. 2 attached with the said order, "does not
exceed'may be read as "exceeds".
2. Accordingly, ptra 2.4.1 (iii) may be read as High Risk - Where the customer opens account or
applies for purchase of certificates or applies for credit of maturity/prematurity value of any existing
savings instrument with an amount exceeding < 10 lakh and balance in all accounts and certificates
exceeds < l0 lakh.
3. This may be circulated to all the concerned.
Y.A,N)
Asst. Director (SB-I)
Copy to:-
3. PPS/ PS to Addl. DG (Co-ordination/IvIember (Banking)/Member (O/Iv1ember (P/ Member (Planning &
HRD/IvIember (PU/Ivlember (Tech)/AS & FA
6. Sr. Deputy Director General (Vie) & CVO) / Sr. Deputy Director General (PAF)
9. Secretary, Postal Services Boardl All Deputy Directors General
11. The Under Secretary, MOF (DEA), NS-II Section, North Bloclq New Delhi.
L2.The Joint Direotor & HOD, National Savings Institute, ICCW Building, New Delhi-l1
14. Guard File
15.
(r
Asst. (sB-r)
SBOrderNo. 13 12023
No. FS-13/l/2023-FS-DOP
Govemment of India
Ministy of Communications
Department of Posts
(F.S. Division)
Dated: 3 I .05.2023
To
. All Head of Circles /
Subjecfi Applicability of Tax Deduction at Source (TDS) in respect of Mahita

Samman Savings Certificate (MSSC) - Regarding.
Mahila Samman Savings Certificate (MSSC) scheme has been notified as a

scheme in which TDS under Section l94A of Income Tax Act, 196l (43 of I 96 1) vide
Notification No. S.O. 2189(E) dated 16s May 2023 issued by Ministry of Finance,
Deparhnent of Revenue, Central Board of Direct Taxes. A copy of the notification is
attached herewith.
2. , TDS deduction under Section l94A (Tax deduction on Interest

oth€r than "Interest on securities") is applicable on the interest income eamed through
the following schemes notified by Central Govemment,
(i). Senior Citizens Savings Scheme (SCSS)

(ii). Mahila Samman Savings Certificate (MSSC)
3. Hence, ifthe aggregate amount ofinterest credited or paid to the payee in respect
of SCSS and MSSC schemes during a Financial Year exceeds the following threshold
limit, TDS is required to be deducted.
Payee category Threshold limit in {

Citizen 50,000/-
individual resident in India who is ofthe age ofsixty years
at time the relevant
Others 40,000/-
4. This may be circulated to all the Offrces for information and wide publicity among
the public.
2
/2t
Encl: As above,
Yours faithtully
crc
Asst. (sB-r)
Copv toi
1. Sr. PPS to Secretary @osts)
2. PS to Director General Postal Services,
3. PPS/ PS to Addl. DG (Co-ordination)/Member (Banking)A,Iember (O/Member (P)/
Member @lanning & HRD)/Member (Pl,l/lvlember (Tech)/AS & FA
5. Chief General lvlanager, BD Directorate / Parcel DirectoraG / PLI Direstorate
9. Seoetary, Postal Services Board/ All Deputy Directors General
11. All recopized Federations / Unions / Associations
12. The Under Secretary, MOF (DEA), NS-[ Section, North Block, New Delhi.
13. The Joint Director & HOD, National Savings Institute, ICCW Building,4 Deendayal
14. Guard File
,j,
(r c YAr9
(SB-D
2 TTIE GAZETTE OF INDIA: EXTRAORDINARY U-SEC.
MIMSTRY OF FINANCE
@epartment of Revenue)
(CENTRAL BOARD OF DIRECT TA)(ES)
NOTIFICATION
New Delhi, the l6th lvlay, 2023
INCOME.TAX
S.O. 2189(E).-In exercise of the powers confenpd by sub-clause (c) of clause (i) of sub-section (3) of
section l94A of the Income-tax Act, 196l (43 of 196l), the Cenhal Governrnent hereby notifies that the Scheme.
namely the lvlahila Samman Savings Certificate, 2023,made in exercise of the powers conferred by section 3A of the
Government Savings Promotion Act, 1873 (5 of 1873) and notified yide notification number G.S.R. 237(E) dated the
3ls March,2023 published in the Gazette of Indig Exhaordinary, Part II, Section 3, Sub-section (i), shall be a
Scheme framed for the purposes of said sub-clause.
2. This notification shall come into forc-e from the date of its publication in the Official Gazette.
[Notification No . 2712023tF .No. 37014211112023-TPL]
MRINALINI KALJR SAPRA, Director
Uploadcd by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-l 100@l
and Published by the Conholler of Publications, Delhi-l10054. #lHT=*
No. FS- 14 13 12021-FS-DOP
Government of India
Department of Posts
(F.S. Division)
Dated: 16.06.2023
To
Subject: Printing and supply of AAR books, ASLAASS cards and POSB
Cheque books - Regarding.
This has the reference to the Addendum dated 20.06.2022 issued to SB Order
No. 06/2022 in which the Standard Accounting Procedure (SAP) has been circulated
in connection with the printing and supply of Au{It books, ASLAAS-5 cards and
POSB Cheque books.
2. In this regard, Department of Economic Affairs, Ministry of Finance in OM

No. 15/5/2022-NS dated 18.05.2023 intimated the l5-digit GL account code for the
expenditure items. Accordingly, SAP has been revised and the revised SAP is affached
herewith along with a copy of the MoF's OM dated 13.05.2023, for further necessary
actions.
3. Other instructions issued in the addendum to SB Order No. 06/2022 holds

good.
4. Circles are requested to ensure that the expendifure is booked under correct GL
code.
6. This is issued with the approval of competent authority
Encl: As above.
Yours faithfully
YAN)
Asst. Director (SB-I)
Copy to:-
3. PPS/ PS to Addl. DG (Co-ordination)/Member(Banking)/Member (O/Member (P/
Member @lanning & HRD/I'tember (PLI)/Ir,Iember (Tech/AS & FA
10.All General Managers (Finance) / Directors Postal Accounts / DDAP
ll.The Under Secretary, MOF (DEA), NS-II Section, North Block, New Delhi.
13.All recogrized Federations / Unions / Associations
14.Guard File
AYAT9
t. Director (SB-I)
smrdM-er6
Inclia ltoert.
Government of India
Ministry of Communication
Department of Posts, PAF UUing
(csr sEcTroN)
Revised
STANDARD ACCOUNTING PROCEDURE FOR
PRINTING AND SUPPLY OF AAR BOOKS A5LAA5-5

AND POSB CHEQUES BY DEPARTMENT OF POSTS
(Ver l.l)
No
File : PA/C S t/O 3 / 13 s / 2022-23
Dated : 26/Os/2023
Ref : Ver l.O dated 03.06.2022
-?agd-I-of 6
/
Table of content
51. No.
I
i
lntroduction 3
i-
2 Head of Accounts and GL Accounts 3
3 Accounting events 4
Accounting Procedure
4 Payment of cost of printing towards AAR Books. 4
5 Payment of cost of printing towards ASLAAS-S cards 4
6 Payment of cost of printing towards POSB cheque books 5
Roles
7 Role of Accounting Office 5
8 Role of Circle PAOs 5
9 Role of FS Division 6
Page Z ot 6
STANDARD ACCOUNTING PROCEDURE FOR PRINTING AND SUPPLY OF AAR
BOOKS A5IAAS.5 AND POSB CHEQUES BY DEPARTMENT OF PO5T5
I. INTRODUCTION
At present, Bank related forms/stationeries like Authorized Agents Receipt (AAR)

Books ASLAAS-5 and POSB CTS Cheque books for POSB holders are printed and
supplied by National Savings lnstitute (NSl). New Delhi. ln accordance with 58 Order No
06/2022 dated 0li April 2022, the task of printing and supply of the above said items
has been transferred from NSl to Department of Posts (DOP). Accordingly. the above
said three items will be printed and supplied by DOP from the financial year 2022
2023.
-
Printing of AAR Books and A5LAA5-5 cards will be carried out by the PSDs
identified in the circle and printing of POSB Cheque books will continue to be done by
lndia Security Press. Nashik. The payment towards printing and supply of AAR Books
and ASLAAS-S cards will be paid to the local printers and suppliers by the PSDs
concerned. Even though the Superintendent, PSD. Nashik is the nodal officer to co-
ordinate with lSP. Nashik-and other PSDs across the Country for all the matters related to
l5P. payment to lSP Nashik for the printing of POSB Cheque books will be made by the
circle PSDs concerned. Department is authorized to spend amount with in the upper limit
of Rs 80 Cr in a year. beyond which specific permission from Ministry of Finance is
required.
As Head of Accounts were revised by the Budget Division of Department of
Economic Affairs vide L.No.GL Accounts were remapped with revised Head of Accounts.
2. HEAD OF ACCOUNTS AND GL ACCOUNTS
(l) Head Of Accounts
F5 Division communicating the revised Head of Accounts 8008-03-104-01-00-16 for printing

of A5I-AA5 cards-S and AAR books and 8008-03-104-03-00-15 for printing of CT5 Cheque
book as communicated by Budget Division of Department of Economic Affairs vide
L.No.l 5/5/2022-NS dated 18.O5.2023.
(ll) 6L Accounts
, 5.N o. Head Of Account Description GL Codes Remarks

Cost of printing GL.NEUU
80080310401o016' 4800800520
AAR books HOA- Existin
Cost of printing GL.NE\OU
2. 8008031o401o016' 480080052r
ASLAAS-S cards HOA- Exi
Cost of printing GL. NEW
3. 8 00803104030016' 480080a522
POSB cheque HOA- Existi ng
Drawing From
4 867000r070r0000 Bank clearing 6L of 4957**r,**
GL NEW
i
1 HOA- Existing
I
Circle .t.- I
*- Head of Accounts revised based on F5 Division internal note FS-14/3/2A2r,Fs-

DOP dated 25.O5.2023 vide Budget Division. Department of Economic Affairs
L.No.l 5/5/2022-N5 dated I 8.O5.2023
- PaEf J or6
3. ACCOUNTING EVENTS
(l) Payment of cost of printing towards AAR

Books,
(ll1 Payment of cost of printing towards ASLAAS-S
cards
(lll) Payment of cost of printing towards posB
chequebooks
ACCOUNTING PROCEDURE
4 PAYMENT OF COST OF PRINTING TOWARD' AAR BOOKS
Debit Credit Remarks

Descripti
HOA & GL HOA 6.61 Description
on
Profit
Drawing From
4867Jr*r.r.r.r. centre of
Bank clearing GL
857000107010000 the P5D
of Circle
Cost of concerned
4800800520 printing Dedn l.Tax from
8008031040t 0016' AAR 8002r00020
contractors
books 2r00r02r10000
under Sec-194-C. TDS as
applicable
886610298r
TDS on CST
866r00r0r640100
5. PAYMENT OF COST OF PRINTING TOWARDS A5IAAS.5 CARDS

Descripti
HOA & GL HOA & GL Description
on
Profit
Drawing From
4857*t 'kY:rt,t centre of
Bank clearing
867000r07010000 the P5D
GL of Circle
concerned
Cost of Dedn l.Tax
480080052r printing from
800803104010016' ASLAAS. 8002r00020
contractors TDS as
5 Cards 2100r02rr0000
under 5ec'194- applicable
c.
88661O2981
TDS on 657
865100r01640104
i
Page 4 ot b
6. PAYMENT OF COST OF PRINTING TOUUARDS PO5B CHEQUE BOOKS

HOA & 6L Description HOA & GL *i"-*
:
i Profit
Drawing From
centre of
i
4867r.***r.r.
Bank clearing
I 867000r07010000 , the PSO
I
6L of Circle ; CODC€TN€d
I I
- -l-"
I
Dedn l.Tax
i Cost of
i
4800800522 from
i
printing 8002100020
I
800803104030016' contractors
I POSB cheque 2100102110000
i under Sec'194' TDS as
c. applicable
88661O2981 TDS on GST

855100101 640100
while making the payments. deduction in respect of GsT TDS and lT TDs may be
done as per the existing rules.
ROLES
7. Role of Payment Offices:
(l) Ensure that booking is done separately for each type of item printed, in the
respective GLs
(lt) Booking to be done within the limit allotted for the circle.
(ilr) File lT / GST TDS Returns
(tv) Maintain proper reports and registers.
(v) Roles as defined in the 58 Order No: 06/2022
8. Role of Circle PAOs:
(t) Ensure that booking is done separately for each type of item prlnted.
(t t1 Monitor that expenditure limit allotted for the clrcle is not crossed and in
case of any discrepancy, bring it to the notice of the CPM6.
Page 5 of 5
,
*
9. Role of FS Division:
(l) Allotment and monitoring of Circle wise expenditure ar per the expected
average demand
(tl) Ensure that the budget limit set by the Budget Division of Department of
Economic Affairs is not exceeded, through a /
monthly periodical
expenditure statement from each Circle to FS Division
(lll) Periodically, liase with the Budget Division of Department of Economic
Affairs informed on the utilization and for additional demand. if any.
This issues with the approval of Sr. DDC(PAF)
(csr)
4To|zy'zozs / Fs-r+lslztzt-H-DoP 'f zz.ss.z3
r-
$v t
\4\ tv..t
No. 15/5/2O22-NS ... -.-.[;Q.i ir, r il, t
Government of India
Ministry of Finance rrill (..r.1
Department of Economic Affairc
(Budget Division)
North Block, New Delhi

Dated 18th May,2023
Sub: LetEr of authorization to claim expenditure incuned towalds prinUng of

AAR Books, ALAAS-S cards and CTS Cheque Book-rcg.
The undersigned is directed to refer to Department of Posts email dated 31.08.2022

on the subject cited above. In this regard, it is informed that.Heads of Accounts is opened
for Printing of ASLAAS-S cards and AAR Books and Printing of CTS Chequq Book to claim
expenditure incurred towards respective Heads., The letter received from O/o CCA,
Principal Accounts Office, New Delhi is also forwarded for kind information.
2. The 15 Digit account head codes for the use of DOP are as follows:-
(a) 8008-03-104-01-00-16 (Printing of ASLAAS-S cards and AAR Books)

(b) 8008-03-104-03-00-16 (Printing of CTS Cheque Book)
3. This has the approval of the competent authority.
Encl.: Copy of letter fiom O/o CCA
C
rr, rrr-SI6,-.cn fiP W1x\,Ar,,r
(Parveen Jain)
19 itr 20t3 i Assistant Director (Budget)
Tele. No.011 23095155
i r: ir'::"
Vijayan {
,:'
7
Shri, T.C. i
Assistant Direcbr
Department of Post
Dak Bhawan, New Delhi
File No. 1s/s/2o22-NS (Computer No. 3oos2s295)
317378c/2023/NSt-DEA
Ministry of Finance
Offi ce ol' Chiel' Contr oller of Accounts
Pri 0ffice
lP Estate, r I 0002
Tcle No,r- 0l I
No. CCA(F)/PIAO/DEA/Open ing of Head/2()11-2 'ato Dated: lflostzozi

Y(n. o.*. Mathorra
Section Officer (NS)
Budget Division
Depamment of Economic Affairs
Ministry of Finance
North Block, New Delhi-l 10023.
Subject : Opening of three new Sub Heads for expenditure incurred towands Printing of
ASLAAS-S cards and AAII Books, Miscellaneous Printing & Printing of C'l'S Cheque book
under MH: 8008- Income and Expenditure of National Small Savings Fund (NSSF)-reg.
Sir.
office letter no. F.No.l5/5/2022-NS dated 08/02/2023 on the sub.iecr
Please ref'er to your
citecl above, tbllowing new heads of accounts have been openecl arrd rnapped in e-lckha under
Grant No. 800 for FY 2022-23 with the details as lbllows:
Gmnt No.: 800

Numeric Descriptiou
Code
Income and Expenditure of'Natiorral Small Savings Fund(NSSF)
8008
\lc_ti"or Hea!)
M nt (Su )
t04 Cost g|zu$lls t|!lo_l lJ
ead 7
0l Printi of ASLAAS-S cards and AAR Books Sub Head

00 Default Detail Head i
t6 Publication lJead t
02 Miscellaneous Printin (Sub l.teadl

00 (o.gtill l-le3.d)
t6 Publication ecl Head)
03 Printin of CTS Ch e Bgq! (S_up_ !r1ead

'-^..;
00 Default (Detail Head I
l6 Publication (9Qie ct llead)
'l'his is for your infbrmation please
.thi fu lly
(
tS I flce
Generated from eoffice by Aman Sonker, DEA-AD(AS)-NSI, ASSISTANT DIRECTOR, DEA on tE/os/2o23 r2:46 PM
F. No I 'l 3-03/2017-SB(Pt.1 )
Government of lndia
Department of Posts
Dated: 30.06.2023
To
Subject: Revision of interest rates for Small Savings Schemes w.e.f. 0l.07.2023
Sir/Madam,
Ministry of Finance, Department of Economic Affairs (Budget Division), Government of

lndia vide Memorandum No. 01/4/2019-NS dated 30.06.2023 (copy enclosed) has informed that
the rate of interest on various Small Savings Schemes (National Savings Schemes) for the second
quarter of financial yeat 2023-24 starting from 1"t July, 2023 and ending on 30s September,
2023 have been revised as under: -
Sl. No. lnstrumenUScheme Rates of interest Rates of interest

from 0'1.04.2023 to from 01.07.2023 to
30.06.2023 30.09.2023
F Savings Deposit 4.0 4.0
2 1 Year Time Deposit 6.8 5.9
4 3 Year Time Deposit 7.0 7.O
5 5 Year Time Deposit 7.5
l6 5 Year Recurring Deposit 6.2 6.5
Senior Citizen Savings Scheme 82 a,
lt
la Monthly lncome Account Scheme 7.4 7.4
ld-
10
National Savings Certificate
Public Provident Fund Scheme
7.7
7.1
7.7
7.7
11 Kisan Vikas Patra 7.5
(will mature in 1 15 (will mature in 1 1 5
months) months)
12 Sukanya Samriddhi Account Scheme 8.0 8.0
2. lt is requested to circulate it to all concerned for information, guidance and necessary

action. Same may also be placed on the notice board of all Post Offices in public area. The
relevant calculation tables will be supplied in due course on receipt from the DEA/MOF.
3. This issues with the approval of the Competent Authority
Yours Faithfully
(Devender r Sharma)
Assistant Director (SBJI)
Copy to:

Member (Planning & HRD)/ Member (PLl)/ Member (Tech)/AS & FA

7. Director, RAKNPA / GM, CEPT / Directors of all PTCS
14. GM, CEPT for uploading the order on the lndia Post website.
1s. MOF(DEA), NS-ll, North Block, New Delhi.
16. Joint Director & HOD, NSl, ICCW Building,4 Deendayal Upadhyay Marg, New Delhi-
1 10002
17. Guard File

F.No.1,/4pm}'NS
Government of lndia
Ministry of Finance
Department of Econon.ric Affairs
(Budget Division)
North Block, Ner,", Delhi
Dated: 30.06.2023
OFFICE MEMORANDUM
Subiect Reyision of interest rates for Small Savings Schemes - reg.
The rates of interest on various Small Savings Schemes for the second quarter of financial year 2023-24 starting
from l{ Julv, 2023 and ending orr 30s September, 2023 have been revisecl as detailed below:
Rates of interest from Rates of interest from

Instrument
07.04.2023 to 30.06.2023 07.07 .?023 to 30.ff).2023
Savings Deposit r.0 1.0

1 Year Time De'posit 6.8 6.9
2 Year Time Dcposit 6.9 7.0
3 Year Time it 7.0 7.O
5 Year Tine De ir 7.3 7.5
5 Year Recur it tr.l 6.5
Senior Citizen Sa Scheme 8.2
Monthly Income Account Scheme 7.1 7.1
National Savings Certif icate 7.7 7.7
Public Provident Funcl Scheme 7.1 7.^l
7.5 (rvill rrrature in 115 7.5 (\ ,ill mature in 115
Kisan Vikas Patra
months months
Sukanya Samriddhi Account
8.0 8.0
Scheme
2. This has the approval of competent authority

4--'t>
2_-l
(Kapil Pa tiJ.r r)
Deputy Secetary (Budget)
Tele - 01123092649
To,
I The Finarce S€crctary & Secretary 2. The Secretary,

Expenditure, Department of Expenditure Department of Economic Affairs
North Block, New Delhi. North Block, New Delhi.
3. The Secretalv, {. the Secretary,

Department of Revenue Department of Financial Services
North Block, Nevr' Delhi Jeevan Deep Building, New Delhi
5. The Secretary, 6. The Chief General Manager (DGBA)

Departnent of Posts Res€rve Banl of India, Central Office,
Dak Bhawan, New Delhi Mumbai.
7. Reserve Bank of India 8. Chief Secretaries of States / UT

Central Account Section, Additional Office Government
Building, East High Court Road, Civil Lines,
P.B. No.l5. Nagpur - {40 001 .
9. The Joint Director

National Savings Institute, Nen' Delhi
F. No 113-03/2017-sB(Pt.1)
Govemment of India
Minis@ of Communications
Department of Posts

Dated:18.07.2023
To
Subiect: Circulation of amendments in Government Savings Promotion General

Rules (GSPR), Post Oflice Savings Account Scheme and National Savings
(Mon Income Acc o u n Scheme -
Madam / Sir,
The undersigned is directed to forward the copy of the Gazette notifications dated
03.07.2023 issued by Department of Economic Affairs, Ministry of Finance in connection
with the amendments in rules related to National (Small) Savings Schemes.
(i). G.S.R488(E) - Government Savings Promotion General (Amendment) Rules, 2023

(iD. G.S.R489(E) - Post Office Savings Account (Amendment) Scheme, 2023
(iiD. G.S.R490(E) - National Savings (Monthly Income Account) (Fourth Amendment)
Scheme,2023
2. The following amendments have been notified in the above said notifications.
(I). Amendments in Government Savings Promotion General Rules,2018 (herein after

referred as GSPR 2018)
(a). New rules inserted in GSPR 2018
st Rule No. afier New Provision

No. which new
provisian inserred
I Rule 5 (2) clause Provided that, in case of account opened on behalfofa minor,
(b) recent passpo size photograph ofthe guardian only shall be
submitted;
Page 1 of 7
SB Order 16/2023 Page 1 of 16

2 Rule 5 (6) (7) Change of name or sumame may be allowed by the account
oflice by following the procedure laid down by Reserve Bank
of India for change of name or sumame in Bank Savings
Account
3 Rule 14 (8) (9) Non-resident Indians shall be eligible to be nominated as
nominee subject to the condition that payment to such
nominee/s shall be on non- on basis.
4 Rule 15 (6) (7) Surviving nominees will have to submit any of the identity
documents scribed in rule 6 of these rules.
5 Schedule-I ("Forms
to be used for 16. GSPR-16 To be issued by ffansferor Accounts OfIice
operation of an
account") serial
number l5
6 afterFORM- 15 FORM-16 (See Rule 13 of Govemment Savings, Promotion
Rules, 2018) To be issued by transferor account office.
speclmer of the form is attached herewith
(b). Rules amended in GSPR 2018
st Rule Na Exirting Provision Amended Provision

No
I Rule 8 (3) An account opened as a An account opened as a Single Account
Single Account cannot be cannot be subsequently con,erted into a
subsequently converted into Joint Account or vice versa:
a Joint Account or vice Provided that, conversion of Joint
venia. Account into single rccount shall be
allowed onl5r in case of a single surviving
Joint Account holder." .
2 Rule l0 (4) In the event of death of the In the event of death of gwrdian or on
guardian, the succeeding order from any Court of Law in any crse
guardian shall be eligible to of change in the guardian, the
operate the account of the succeeding guardian shall be eligible to
Minor or the person of operate the account of the minor or the
unsound mind, as the case person of unsound mind as the case may
may be. be."
J Rule 13 (3) Account Opening Form Account Opening Form or (jertificate of
(i) non-availability of account opening form
by the Account Oflice and in such cases
all the infomation appearing in account
opening form shall be verilied by the
transferor Accounts Offi ce.
Page 2 ol7
4. Rule 13 (3) Pay Order or Demand Draft Pay Order or Demand Draft in respect of
(vii) in respect of the balance at the balance at the credit of the account
the credit of the Account. in favour of transferee Accounts Office.
5 Rule 15 (6) If a depositor dies and there If a depositor dies and there is no
is no nomination in force at nomination in force at the time of his
the time of his death, and death, and the probate of his will or
probate of his will or letters letters of administration of estate or a
of administration of his succession certificate granted under the
estate or a succession Indian Succession Act, 1925 (39 of
certificate as granted in the 1925), or legal heir certilicate issued by
Indian Succession Act, the revenue authority not below the rank
1925 (39 of 1925) is not of Tahsildar having jurisdiction, is not
produced within six months produced within six months from the
from the death of the date of death of the depositor to the
depositor to the authorized Authorised Offrcer of the Accounts
officer of the Accounts Offrce where the account stands, then,-
Office where the account
stands, then,-
(i) if the eligible amount in (i) if the eligible amount in the account
the account does not exceed does not exceed Rupees five lakh, the
Rs. 5 lakh, the authorized Authorised Officer of the Accounts
officer of the Accounts Office or the authority specified by the
Offrce or the authority Government Savings Bank to which the
specified by the Institution Accounts Office belongs, for reasons to
to which the Accounts be recorded in writing, may pay the same
Office belongs, may pay the to any person appearing to him as the
same to any person rightful claimant and to his satisfaction
appearing to him as the to be entitled to receive the amount or to
rightful claimant and to his administer the estate of the deceased, on
satisfaction to be entitled to an application in Formll accompanied
receive the amount or to by the following documents; namely:-
administer the estate of the (a) Death certificate of the account
deceased, on an application holder;
in Form-l I accompanied by (b) Passbook or deposit receipt or
the following documents; statement of account in original;
namely:- (c) Affidavit in Form- 1 3 ;
(a) Death certificate, (d) Letter of disclaimer in Form-l4;
(b) Pass Book or deposit (e) Bond of Indemnity in Form-l5; and
receipt/statement of (f) Identity proof of the legal heir;
account in original,
(c) Affidavit in Form-I3,
Provided further that, in
case of any
dispute raised before theAccounts Oflice
(d) Letter of disclaimer in and before the payment of claim, the
Form-14, amount shall be paid by the Accounts
(e) Bond of Indemnity in Oflice to the claimant on submission of a
Form-l5 succession certilicate granted under the
Page 3 of 7

Indian Succession Act, 1925 (39 of 1925)
issued by the Court only along with the
following documents; namel5':-
(a) Claim form;
(b) Pass book or deposit receipt or
statement of account in original;
(c) Iteath certfficate of the account
holder; and
(d) Identity pmof of the legal heir,
(ii) if the eligible amount in (ii) if the eligible amount in a deceased

a deceased account is above account is above Rupees five lakh, the
Rs. 5 lakh, the amount shall amount shall be paid by the Accounts
be paid by the Accounts offrce to the claimant on submission of
office to the claimant on the probate of his will or letters of
submission of 'Succession administration of estate or a succession
Certificate' issued by the certilicate granted under the Indian
court along with the Succession Act" 1925 (39 of 1925) issued
following documents; by the Court, or legal heir certificate
issued by the nevenue authority not below
namelyi
the rank ofTahsildar having jurisdiction
(a) Claim form, along with the following documents;
(b) Pass Book or deposit namely:-
receipt or statement of
(a) Claim form;
account in original,
(b) Passbook or deposit receipt or
(c) Death certificate of the
account holder.
(c) Death certificate ofthe account
holder; and
(d) Identity pr.oof of the legal heir;
Prlovided further that, in case of any
dispute raised before the Accounts OIIice
and before the payment of claim, the
amount shall be paid by the Accounts
Ofrice to the claimant on subnission of a
succession certificate granted under the
Indian Succession Act, 1925 (39 of 1925)
issued by the court only along with the
following documents; namely:-
(a) Clain form;
(b) Passbook or deposit receipt or
(c) Death certificate of the account
holder; and
(d) Identity proof of the legal heir
Page 4 ol7
5 Rule 24 (1), opening of Accounts, Opening of Accounts, accepting
clause (a). accepting deposits, making deposits, making payments of interest
payments, closing and and maturity or prematurity proceeds,
transferring accounts under disbursal of loan or withdrawal, closing
these rules and maintaining and transferring accounts in conformity
records thereof; to these and scheme provisions and
maintaining records thereof;"
(ID. Amendments in Post OIIice Savings Account Scheme, 2019
.s, Rule No. Existing Provision Amended Provision

Na
I Rule 3 (l) two adults jointly up to a maximum of three adults in joint
clause (b) names
2 Rule 4 (3) Withdrawals from the Withdrawals from the account for not
account for not less than less than fifty rupees may be made by
fifty rupees may be made by presenting passbook along with
presenting pass book along application for loan or withdrawal in
with Form-2 duly filled in Form-3 of the Govemment Savings
and signed. Withdrawals Promotion General Rules, 2018 duly
from the account may also Iilled in and signed. Withdrawals from
be made subject to the the account may also be made subject
availability of balance above to the availability of balance above
minimum prescribed limit minimum prescribed limit by way of
by way of cheque or cheque or electronic means
electronic means.
3 Rule 5 (5) In the event of death of an In the event of death of an account
account holder, the interest holder, the interest in his account shall
in his account shall be paid be paid only till the end of the month
only in the end of the month preceeding the month in which the
preceeding the month in account is closed.
which the account is closed.
(III). Amendments in National Savings (Monthly Income Account) Scheme, 2019
s Rule No, Exisling Provision Amended Provision

No.
I Rule 4 (3) Deposits in all the accounts Deposits in all the accounts taken
taken together for an together for an individual shall not
individual shall not exceed exceed nine lakh rupees in a single
four lakh fifty thousand account and fifteen lakh rupees in a
rupees in a single account joint account.
and nine lakh rupees in a
ioint account.
Page 5 of 7

4. Necessary changes are being made in Finacle and till such time, the above provisions
are to be complied and handled by the post offices procedurally.
5. It is requested to circulate it to all concerned for information, guidance, and necessary

actions.
6. This is issued with the approval of the CompetentAuthority.
Encl: As Above
ours faithtully
(TC
Assistant (SB-D
Coov to: -

3. PPS/ PS toAddl. DG (Co-ordination)/Ivlember (Banking)/\,Iember (O/Ivlember (P)/
Member (Plannine & HRDyMember (Pll)ilvlember (Tech/AS & FA
9. Secretary, Postal Services Board / All Deputy Directors General
l l.The Under Secretary, MOF (DEA), NS-II Section, North Block, New Delhi.
12.The Joint Director & HOD, National Savings Institute, ICCW Building, 4 Deendayal
l4.ADG (OL) for information and Hindi Translation of SB Order.
15. Guard File/e-File.
AYAN)
Assistant Director (SB-I)
PaEe 6 ol7
FORM-16
(See Rule 13 of Government Savings Promotion Rules,2018)
To be issued by transferor account oflice
To
The Branch Manager / Post Master
(Narne of Account Office)
(Address)
Subjecti Transferof (Name of Scheme) account number

in the name of_ (Name of
account holder/s).
Sir,
It is certified that the account opening form for account No._

of (Name of Scheme) was maintained by this office with the following
details:
l. Name of Account holder;

2. Name of Joint Holde(s) if any;
3. Address;
4. Scheme Name;
5. Account Number;
6. Date ofopening;
7. Date ofextension/s, opted by the account holder; and
8. Name of nominee/s
It is further certified that the account opening form is not traceable and the transferee
account office may obtain new account opening form along with prescribed identification
document.
Yours faithfully,
(Branch Manager/Post Master)

Name of Bank/Post Office
?age 7 of 7

सी.जी.-डी.एल.-अ.-06072023-247115
xxxGIDHxxx
CG-DL-E-06072023-247115
xxxGIDExxx
EXTRAORDINARY
सं. 391] नई दिल्ली, बृहस्ट्पजतिार, िुलाई 6, 2023/आषाढ़ 15, 1945

No. 391] NEW DELHI, THURSDAY, JULY 6, 2023/ASHADHA 15, 1945
जित्त मंत्रलाय
नई दिल्ली, 3 िुलाई, 2023
सा.का.जन. 488 (अ).— के न्‍दरीय सरकार, सरकारी बचत संिधिन अजधजनयम, 1873(1873 का 5) की धारा 15
द्वारा प्रित्त िजियों का प्रयोग करते हुए सरकारी बचत संिधिन साधारण जनयम, 2018 का और संिोधन करने के जलए
जनम्नजलजखत जनयम बनाती है, अथाित:् -
1. संजिप्त नाम और प्रारं भ.- (1) इन जनयमों का संजिप्त नाम सरकारी बचत संिधिन साधारण (िूसरा संिोधन)
जनयम, 2023 है ।
(2) ये इनके रािपत्र में प्रकािन की तारीख से प्रिृत्त होंगे ।
2. सरकारी बचत संिधिन साधारण जनयम, 2018 (जिसे इसमें इसके पश्चात् “मूल जनयम” कहा गया है) के जनयम 5 के
जनयम (2) में खंड (ख) के पश्चात् जनम्नजलजखत परं तुक अंत:स्ट्थाजपत दकया िाएगा, अथाित्:-
“परं तु अियस्ट्क की ओर से खोले गए खाते की ििा में के िल संरिक का पासपोर्ि आकार का हाल ही का फोर्ो प्रस्ट्तुत दकया
िाएगा;” ।
3. मूल जनयमों के जनयम 5 में उपजनयम (6) के पश्चात् जनम्नजलजखत उपजनयम अंत:स्ट्थाजपत दकया िाएगा, अथाित:् -
4340 GI/2023 (1)

“(7) नाम या उपनाम में पररितिन, बैंक बचत खाते में नाम या उपनाम के पररितिन के जलए भारतीय ररििि बैंक द्वारा
अजधकजथत प्रदिया का अनुसरण करते हुए लेखा कायािलय द्वारा अनुज्ञात दकया िा सकता है ।”
4. मूल जनयमों के जनयम 8 में उपजनयम (3) के स्ट्थान पर जनम्नजलजखत रखा िाएगा, अथाित्:-
“(3) एकल खाते के रूप में खोले गए दकसी खाते को तत्पश्चात् संयुि खाते में पररिर्तित नहीं दकया िा सकता या इसी प्रकार
संयुि खाते के रूप में खोले गए दकसी खाते को तत्पश्चात् एकल खाते में पररिर्तित नहीं दकया िा सकता;
परं तु एकल खाते का संयि

ु खाते में संपररितिन एकल उत्तरिीिी संयुि खाता धारक की ििा में अनुज्ञात दकया िाएगा।”
।
5. मूल जनयमों के जनयम 10 के उपजनयम (4) के स्ट्थान पर जनम्नजलजखत रखा िाएगा, अथाित:् -
“(4) संरिक की मृत्यु होने पर या संरिक के पररितिन की ििा में, दकसी न्‍दयायालय के आिेि पर, उत्तरिीिी संरिक
यथाजस्ट्थजत अियस्ट्क या जिकृ तजचत्त व्यजि के खाते का संचालन करने का पात्र होगा ।” ।
6. मूल जनयमों के जनयम 13 के उपजनयम (3) के खंड (i) में “खाता खोलने का प्ररूप” िब्िों के स्ट्थान पर “खाता खोलने का
प्ररूप या लेखा कायािलय द्वारा खाता खोलने के प्ररूप की अनुपलब्धता का प्रमाणपत्र और ऐसे सभी मामलों में खाता
खोलने के प्ररूप में प्रकर् सभी सूचना अंतरक खाता कायािलय द्वारा सत्याजपत की िाएगी” िब्ि रखे िाएंगे ।
7. मूल जनयमों के जनयम 13 के उपजनयम (3) के खंड (vii) में “खाता” िब्िों के स्ट्थान पर “अंतररती लेखा कायािलय के पि
में खाता” िब्ि रखे िाएंगे ।
8. मूल जनयमों के जनयम 14 में उपजनयम (8) के पश्चात् जनम्नजलजखत जनयम अंत:स्ट्थाजपत दकया िाएगा, अथाित:् -
“(9) अजनिासी भारतीय नामजनिेजिती के रूप में नाम जनिेजित दकए िाने के पात्र होंगे, इस िति के अध्यधीन रहते हुए दक
ऐसे नाम जनिेजिती/नामजनिेजिजतयों असंप्रत्याितिन आधार पर संिाय दकया िाएगा ।” ।
9. मूल जनयमों के जनयम 15 में उपजनयम (6) के स्ट्थान पर जनम्नजलजखत रखा िाएगा, अथाित:् -
“(6) यदि जनिेपक की मृत्यु हो िाती है और उसकी मृत्यु के समय कोई नामजनिेिन प्रिृत्त नहीं है और भारतीय
उत्तराजधकारी जिजनयम, 1925 (1925 का 39) के अधीन अनुित्त उसकी िसीयत का प्रोबेर् या संपिा प्रकािन का पत्र
अथिा उत्तराजधकार पत्र या अजधकाररता रखने िाले तहसीलिार से अन्‍दयून पंजि के रािस्ट्ि प्राजधकारी द्वारा िारी
दकया गया उत्तराजधकारी प्रमाण पत्र लेखा कायािलय िहां ऐसे खाता है, के प्राजधकृ त अजधकारी को जनिेपक की मृत्यु
की तारीख से छह मास के भीतर प्रस्ट्तुत नहीं दकया िाता है, तब, -
(i) यदि खाते में पात्र रकम पांच लाख रुपये से अनजधक है, लेखा कायािलय का प्राजधकृ त अजधकारी या सरकारी बचत
बैंक द्वारा जिजनर्ििष्ट प्राजधकारी जिससे लेखा कायािलय संबंजधत है, अजभजलजखत दकए िाने िाले कारणों से उसे
दकसी ऐसे व्यजि को िो उसे अजधकार पूििक िािाकताि प्रतीत हो या मृतक की संपिा के प्रिासक को
जनम्नजलजखत िस्ट्तािेिों के साथ प्ररूप -11 में आिेिन करने पर संित्त कर सके गा, अथाित:् -
(क) खाता धारक का मृत्यु प्रमाण पत्र ;
(ख) मूल पासबुक या जनिेप रसीि या खाते का जििरण;
(ग) प्ररूप-13 में िपथ-पत्र;
(घ) प्ररूप-14 में घोषणा पत्र;
(ङ) प्ररूप-15 में िजतपूर्ति बंधपत्र; और
(च) उत्तराजधकारी की पहचान का सबूत;
परं तु यह और दक लेखा कायािलय के समि और िािे का भुगतान दकए िाने से पहले दकसी जििाि के उठाए िाने की
ििा में रकम के िल न्‍दयायालय द्वारा िारी भारतीय उत्तराजधकार जनयम, 1925 (1925 का 39) के अधीन अनुित्त

उत्तराजधकार प्रमाण पत्र जनम्नजलजखत िस्ट्तािेिों के साथ प्रस्ट्तुत करने पर िािाकताि को लेखा कायािलय द्वारा संित्त
की िाएगी, अथाित:् -
(क) िािा प्ररूप;
(ग) खाता धारक का मृत्यु प्रमाण पत्र ;
(घ) उत्तराजधकारी की पहचान का सबूत;
(ii) यदि खाते में पात्र रकम पांच लाख रुपये से अजधक है, िािाकताि को लेखा कायािलय द्वारा भारतीय उत्तराजधकारी
जिजनयम, 1925 (1925 का 39) के अधीन अनुित्त उसकी िसीयत का प्रोबेर् या संपिा प्रकािन का पत्र अथिा
उत्तराजधकार पत्र या अजधकाररता रखने िाले तहसीलिार से अन्‍दयून पंजि के रािस्ट्ि प्राजधकारी द्वारा िारी दकया
गया उत्तराजधकारी प्रमाण पत्र जनम्नजलजखत िस्ट्तािेिों के साथ प्रस्ट्तुत करने पर संित्त दकया िाएगा, अथाित्:-
परं तु यह और दक लेखा कायािलय के समि और िािे का भुगतान दकए िाने से पहले दकसी जििाि के उठाए िाने की
ििा में रकम के िल न्‍दयायालय द्वारा िारी भारतीय उत्तराजधकार जनयम, 1925 (1925 का 39) के अधीन अनुित्त
उत्तराजधकार प्रमाण पत्र जनम्नजलजखत िस्ट्तािेिों के साथ प्रस्ट्तुत करने पर िािाकताि को लेखा कायािलय द्वारा संित्त की
िाएगी, अथाित:् -
11. मूल जनयमों के जनयम 24 में उपजनयम (1) के खंड (क) के स्ट्थान पर जनम्नजलजखत रखा िाएगा, अथाित्:-
“(क) खातों का खोला िाना, जनिेपों को स्ट्िीकार करना, ब्याि और पररपक्वता या पूिि पररपक्वता आगमों का संिाय
करना, ऋण का संजितरण करना या इनके और स्ट्कीम के उपबंधों के अनुपालन में खाते का आहारण, बंि करना और
अंतरण करना तथा उसके अजभलेखों का रखरखाि करना;” ।
12. मूल जनयमों की अनुसूची -1 में, “खाते के पररचालन के जलए प्रयुि दकए िाने िाले प्ररूप” िीषि के अधीन िम संखयांक
15 और उससे संबंजधत प्रजिजष्टयों के पश्चात् जनम्नजलजखत अंत:स्ट्थाजपत दकया िाएगा, अथाित:् -
िीएसपीआर-16 अंतरक लेखा कायािलय द्वारा िारी दकया िाना
13. मूल जनयमों में, प्ररूप-15 के पश्चात् जनम्नजलजखत प्ररूप अंत:स्ट्थाजपत दकया िाएगा, अथाित्:-

“प्ररूप 16
(सरकारी बचत संिधिन जनयम, 2018 का जनयम 13 िेख)ें
अंतरक खाता कायािलय द्वारा िारी दकया िाना
िाखा प्रबंधक/डाकपाल,
...........................(खाता कायािलय का नाम)
...........................(पता)
जिषय : ................... (स्ट्कीम का नाम) ...................... के नामे (खाताधारक का नाम) ......................... (खाता
संखया) का अंतरण ।
महोिय,
यह प्रमाजणत दकया िाता है दक ................... (स्ट्कीम का नाम) का ...................... (खाता संखया) के जलए
खाता खोलने का प्ररूप जनम्नजलजखत ब्यौरों के साथ इस कायािलय द्वारा रखा गया :
1. खाताधारक का नाम ;
2. संयुि धारक (धारकों) का नाम, यदि कोई हो ;
3. पता ;
4. स्ट्कीम का नाम ;
5. खाता संखया ;
6. खोलने की तारीख ;
7. खाताधारक द्वारा जिकजल्पत जिस्ट्तार (जिस्ट्तारों) की तारीख ; और

8. नामजनिेजिती (जनिेजिजतयों) का नाम
यह और प्रमाजणत दकया िाता है दक खाता खोलने का प्ररूप खोिा नहीं िा सका है तथा अंतररती खाता कायािलय जिजहत
पहचान िस्ट्तािेि के साथ नया खाता खोलने का प्ररूप प्राप्त कर सकता है ।
भििीय,
(िाखा प्रबंधक/डाकपाल)
बैंक/डाकघर का नाम ।”।
[फा.सं. 1/4/2023-एनएस]
रर्प्पण : मूल जनयम, भारत के रािपत्र, असाधारण, भाग 2, खंड 3, उपखंड (i) में, सा.का.जन. 1003(अ), तारीख 5
अिू बर, 2018 द्वारा प्रकाजित दकए गए थे और सा.का.जन. 238(अ), तारीख 31 माचि, 2023 द्वारा पश्चातिती संिोधन
दकए गए ।

MINISTRY OF FINANCE
NOTIFICATION
New Delhi, the 3rd July 2023
G.S.R 488(E).—In exercise of the powers conferred by section 15 of the Government Savings Promotion
Act, 1873 (5 of 1873), the Central Government hereby makes the following rules further to amend the Government
Savings Promotion General Rules, 2018, namely:-
1. Short title and commencement. – (1) These rules may be called the Government Savings Promotion General
(Second Amendment) Rules, 2023.
(2) They shall come into force on the date of their publication in the Official Gazette.
2. In the Government Savings Promotion General Rules, 2018 (hereinafter referred to as the “principal rules”), in rule
5, in sub-rule (2) after clause (b), the following proviso shall be inserted, namely:-
“Provided that, in case of account opened on behalf of a minor, recent passport size photograph of the
guardian only shall be submitted;”.
3. In the principal rules, in rule 5 after sub-rule (6), the following sub-rule shall be inserted, namely:-
“(7) Change of name or surname may be allowed by the account office by following the procedure laid down by
Reserve Bank of India for change of name or surname in Bank Savings Account.” .
4. In the principal rules, in rule 8, for sub-rule (3), the following shall be substituted, namely:-
“ (3) An account opened as a Single Account cannot be subsequently converted into a Joint Account or vice
versa :
Provided that, conversion of Joint Account into single account shall be allowed only in case of a single surviving Joint
Account holder.” .
“(4) In the event of death of guardian or on order from any Court of Law in any case of change in the guardian,
the succeeding guardian shall be eligible to operate the account of the minor or the person of unsound mind as the case
may be.” .
6. In the principal rules, in rule 13, in sub-rule (3), in clause (i), for the words “Account Opening Form,”, the
words “Account Opening Form or Certificate of non-availability of account opening form by the Account Office and
in such cases all the information appearing in account opening form shall be verified by the transferor Accounts
Office,” shall be substituted.
7. In the principal rules, in rule 13, in sub-rule (3), in clause (vii), for the words “the Account”, the words “the
account in favour of transferee Accounts Office” shall be substituted.
8. In the principal rules, in rule 14, after sub-rule (8), the following sub-rule shall be inserted, namely:-
“(9) Non-resident Indians shall be eligible to be nominated as nominee subject to the condition that payment to such
nominee/s shall be on non-repatriation basis.” .
“(6) If a depositor dies and there is no nomination in force at the time of his death, and the probate of his will or letters
of administration of estate or a succession certificate granted under the Indian Succession Act, 1925 (39 of 1925), or
legal heir certificate issued by the revenue authority not below the rank of Tahsildar having jurisdiction, is not
produced within six months from the date of death of the depositor to the Authorised Officer of the Accounts Office
where the account stands, then,-
(i) if the eligible amount in the account does not exceed Rupees five lakh, the Authorised Officer of the Accounts
Office or the authority specified by the Government Savings Bank to which the Accounts Office belongs, for reasons
to be recorded in writing, may pay the same to any person appearing to him as the rightful claimant and to his
satisfaction to be entitled to receive the amount or to administer the estate of the deceased, on an application in Form-
11 accompanied by the following documents; namely:-
(a) Death certificate of the account holder;

(b) Passbook or deposit receipt or statement of account in original;

(c) Affidavit in Form-13;
(d) Letter of disclaimer in Form-14;
(e) Bond of Indemnity in Form-15; and
(f) Identity proof of the legal heir;
Provided further that, in case of any dispute raised before the Accounts Office and before the payment of claim, the
amount shall be paid by the Accounts Office to the claimant on submission of a succession certificate granted under
the Indian Succession Act, 1925 (39 of 1925) issued by the Court only along with the following documents; namely:-
(a) Claim form;
(b) Pass book or deposit receipt or statement of account in original;
(c) Death certificate of the account holder; and
(d) Identity proof of the legal heir.
(ii) if the eligible amount in a deceased account is above Rupees five lakh, the amount shall be paid by the Accounts
office to the claimant on submission of the probate of his will or letters of administration of estate or a succession
certificate granted under the Indian Succession Act, 1925 (39 of 1925) issued by the Court, or legal heir certificate
issued by the revenue authority not below the rank of Tahsildar having jurisdiction along with the following
documents; namely:-
(a) Claim form;

(d) Identity proof of the legal heir;
Provided further that, in case of any dispute raised before the Accounts Office and before the payment of claim, the
amount shall be paid by the Accounts Office to the claimant on submission of a succession certificate granted under
the Indian Succession Act, 1925 (39 of 1925) issued by the court only along with the following documents; namely:-
(a) Claim form;

(d) Identity proof of the legal heir.”.
10. In the principal rules, in rule 15, after sub-rule (6), the following sub-rule shall be inserted, namely:-
“(7) Surviving nominees will have to submit any of the identity documents prescribed in rule 6 of these rules.”.
11. In the principal rules, in rule 24, in sub-rule (1), for clause (a), the following shall be substituted, namely:-
“(a) Opening of Accounts, accepting deposits, making payments of interest and maturity or prematurity
proceeds, disbursal of loan or withdrawal, closing and transferring accounts in conformity to these and scheme
provisions and maintaining records thereof;” .
12. In the principal rules, in Schedule-I, under the heading “Forms to be used for operation of an account”, after
serial number 15 and entries relating thereto, the following shall be inserted, namely:-
“
16. GSPR-16 To be issued by transferor Accounts Office
“.
13. In the principal rules, after FORM – 15, the following FORM shall be inserted, namely:-
“FORM-16
(See Rule 13 of Government Savings Promotion Rules, 2018)
To be issued by transferor account office
To
The Branch Manager/Post Master
___________________________(Name of Account Office)
____________________________(Address)
Subject:- Transfer of ___________________(Name of Scheme) account number_____________________ in the

name of________________________________(Name of account holder/s).

Sir,
It is certified that the account opening form for account No._____________ of__________________(Name
of Scheme) was maintained by this office with the following details:
1. Name of Account holder;
2. Name of Joint Holder(s) if any;
3. Address;
4. Scheme Name;
5. Account Number;
6. Date of opening;
7. Date of extension/s, opted by the account holder; and
8. Name of nominee/s
It is further certified that the account opening form is not traceable and the transferee account office may obtain new
account opening form along with prescribed identification document.
Yours faithfully,
(Branch Manager/Post Master)

Name of Bank/Post Office.” .
[F. No. 1/4/2023-NS]

Note: The principal rules was originally published in the Gazette of India, Extraordinary, Part II, section 3, sub-
section (i) vide notification number G. S. R. 1003 (E), dated the 5th October, 2018 and subsequently amended vide
number G.S.R. 238(E), dated the 31 st March, 2023.

सा.का.जन. 489(अ).— के न्‍दरीय सरकार, सरकारी बचत संिधिन अजधजनयम, 1873 (1873 का 5) की धारा 3क
द्वारा प्रित्त िजियों का प्रयोग करते हुए, डाकघर बचत खाता स्ट्कीम, 2019 का और संिोधन करने के जलए जनम्नजलजखत
स्ट्कीम बनाती है, अथाित् :-
1. संजिप्त नाम और प्रारं भ.—(1) इस स्ट्कीम का संजिप्त नाम डाकघर बचत खाता (संिोधन) स्ट्कीम, 2023 है ।
(2) यह रािपत्र में इसके प्रकािन की तारीख से प्रभािी होगी ।
2. डाकघर बचत खाता स्ट्कीम, 2019 (जिसे इसमें इसके पश्चात् “मूल स्ट्कीम” कहा गया है) के पैरा 3 के उप पैरा (1)
के खंड (ख) में, “िो व्यस्ट्क संयि
ु रूप से” , िब्िों के स्ट्थान पर, “संयुि नामों में अजधकतम तीन व्यस्ट्क तक” , िब्ि रखे
िाएंगे ।
3. मूल स्ट्कीम के पैरा 4 में, उप पैरा (3) के स्ट्थान पर जनम्नजलजखत रखा िाएगा, अथाित् :--
“(3) पचास रुपए से अन्‍दयन
ू के जलए खाते से आहरण सरकारी बचत संिधिन साधारण जनयम, 2018 के सम्यक् रूप
से भरे हुए और हस्ट्तािररत प्ररूप 3 में ऋण या आहरण के जलए आिेिन के साथ पासबुक प्रस्ट्तुत करके दकया िा
सके गा । खाते से आहरण चैक या इलैक्ट्राजनक माध्यमों से न्‍दयन
ू तम जिजहत सीमा के ऊपर िमा की उपलब्धता के
अधीन रहते हुए दकया िा सके गा ।”।
4. मूल स्ट्कीम के पैरा 5 के उप पैरा (5) में, “मास के अंत में” , िब्िों के स्ट्थान पर, “मास के अंत तक” ,िब्ि रखे
िाएंगे ।
[फा.सं. 1/4/2023-एनएस]

रर्प्पण : मूल स्ट्कीम, भारत के रािपत्र, असाधारण, भाग 2, खंड 3, उपखंड (i) में, सा.का.जन. 922(अ), तारीख 12
दिसंबर, 2019 द्वारा प्रकाजित की गई थी और सा.का.जन. 257(अ), तारीख 09 अप्रैल, 2021 द्वारा पश्चातिती संिोधन
दकए गए ।
NOTIFICATION
G.S.R 489(E).—In exercise of the powers conferred by section 3A of the Government Savings Promotion Act, 1873
(5 of 1873), the Central Government hereby makes the following Scheme, further to amend the Post Office Savings
Account Scheme, 2019, namely:-
1. Short title and commencement. – (1) This Scheme may be called the Post Office Savings Account (Amendment)
Scheme, 2023.
2. In the Post Office Savings Account Scheme, 2019 (hereinafter referred to as the “principal scheme”), in paragraph
3, in sub-paragraph (1), in clause (b), for the words “two adults jointly”, the words “upto a maximum of three
adults in joint names” shall be substituted.
3. In the principal scheme, in paragraph 4, for sub-paragraph (3), the following shall be substituted, namely:-
“(3) Withdrawals from the account for not less than fifty rupees may be made by presenting passbook along with
application for loan or withdrawal in Form-3 of the Government Savings Promotion General Rules, 2018 duly filled in
and signed. Withdrawals from the account may also be made subject to the availability of balance above minimum
prescribed limit by way of cheque or electronic means.” .
4. In the principal scheme, in paragraph 5, in sub-paragraph (5), for the words “in the end of the month”, the words “till
the end of the month” shall be substituted.
[F. No. 1/4/2023-NS]

vide number G. S. R. 922(E) dated the 12th December, 2019 and subsequently amended vide number G.S.R. 257(E)
dated the 9th April, 2021.

सा.का.जन. 490(अ).— के न्‍दरीय सरकार, सरकारी बचत संिधिन अजधजनयम, 1873 (1873 का 5) की धारा 3क
द्वारा प्रित्त िजियों का प्रयोग करते हुए, राष्ट्रीय बचत (माजसक आय खाता) योिना, 2019 का और संिोधन करने के जलए
जनम्नजलजखत योिना बनाती है, अथाित् :-
1. संजिप्त नाम और प्रारं भ.—(1) इस योिना का संजिप्त नाम राष्ट्रीय बचत (माजसक आय खाता) (चौथा संिोधन)
योिना, 2023 है ।
(2) यह रािपत्र में इसके प्रकािन की तारीख से प्रभािी होगी ।

2. राष्ट्रीय बचत (माजसक आय खाता) योिना, 2019 के पैरा 4 के उप पैरा (3) में,--
(क) “चार लाख पचास हिार”, िब्िों के स्ट्थान पर, “नौ लाख” िब्ि रखे िाएंगे ;
(ख) “नौ लाख”, िब्िों के स्ट्थान पर, “पन्‍दरह लाख” , िब्ि रखे िाएंगे ।
[फा.सं. 1/4/2023-एनएस]

रर्प्पण : मूल योिना, भारत के रािपत्र, असाधारण, भाग 2, खंड 3, उपखंड (i) में, सा.का.जन. 917(अ), तारीख 12
दिसंबर, 2019 द्वारा प्रकाजित की गई थी और सा.का.जन. 286(अ), तारीख 05 मई, 2022, सा.का.जन. 839(अ), तारीख
22 निंबर, 2022, सा.का.जन. 55(अ), तारीख 27 िनिरी, 2023, सा.का.जन. 239(अ), तारीख 31 माचि, 2023 और
सा.का.जन. 325(अ), तारीख 27 अप्रैल, 2023 द्वारा पश्चातिती संिोधन दकए गए ।
NOTIFICATION
G.S.R 490(E).—In exercise of the powers conferred by section 3A of the Government Savings Promotion Act, 1873
(5 of 1873), the Central Government hereby makes the following Scheme, further to amend the National Savings
(Monthly Income Account) Scheme, 2019, namely:-
1. Short title and commencement. - (1) This Scheme may be called the National Savings (Monthly Income Account)
(Fourth Amendment) Scheme, 2023.
2. In the National Savings (Monthly Income Account) Scheme, 2019, in paragraph 4, in sub-paragraph (3),-
(a) for the words “four lakh fifty thousand”, the words “nine lakh” shall be substituted;
(b) for the words “nine lakh”, the words “fifteen lakh” shall be substituted.
[F. No. 1/4/2023-NS]

vide number G. S. R. 917(E) dated the 12th December, 2019 and subsequently amended vide number G.S.R.286(E)
dated the 5th May, 2022, G.S.R. 839(E) dated the 22nd November, 2022, G.S.R. 55(E) dated the 27th January, 2023,
G.S.R. 239(E) dated the 31st March, 2023 and G.S.R. 325(E) dated the 27th April, 2023.
and Published by the Controller of Publications, Delhi-110054. SARVESH KUMAR
Digitally signed by SARVESH KUMAR SRIVASTAVA
SRIVASTAVA
Date: 2023.07.06 22:50:07 +05'30'

No. FS-10/27l202I-FS-DOP
Govemment of India
Department of Posts
Dated:24.08.2023
To
Subject: Issuance of interest certificate for National Savings Certificate - Reg.
Madam / Sir,
It has been noticed that many grievances are received in thisoflice in connection with
the non-issue of interest certificate by the post offices on the basis of the annual accrual of
interest.
2. In accordance with the Rule 5(3) of NSC scheme 2019, "A certilicate of annual
accrual of interest shall be issued by the accounts ollice, on demand, to the account
holder".
3. At present, interest certificates are to be issued by the post offices by generating from
Finacle. However, there is no provision in Finacle to generate interest certificate on the
basis of accrual of annual interest and hence the same is to be prepared manually for issue
to the depositors on demand, in respect of NSC. A proforma, in which the certificate of annual
accrual of interest certificate is, to be issued by the post offices is attached herewith.
4. The Annual Accrual Interest Tables are available on India Post Website which may be
referred by the post offrces, for calculation of annual accrual of interest in case ofNSCs.
5. Hence, till the provision is made in Finacle for generation of interest certificate on
accrual of annual interest basis, post offices should issue the interest certificate in the
proforma attached herewith.
6. It is requested to circulate to all the offices concemed for information, guidance and
necessary action.
Yours faithtully
Encl: AsAbove.
Page 1 of 2
Copy to: -
l. Sr. PPSto Secretary (Posts)

3. PPS/ PS to Addl. DG (Co-ordination/Ivlember (Banking)/Ivlember (O)ilvlember @)/
Member (Planning & HRD/IvIember (Pll/lvlember (Tech)/AS & FA
6. Sr. Deputy Director General (Vig) & CVO) / Sr. Deputy Director General @AF)
8. Director General P & T (AudiQ, Civil Lines, New Delhi
I l.The Under Secretary, MOF (DEA), NS-II Section, North Block, New Delhi.
l4.ADG (OL) for information and Hindi Translation of SB Order.
AYAN)
Ass Director (SB-I)
Paee 2 of 2
DEPARTMENT OF POSTS. INDIA
CERTIFICATE OF AI\NUAL ACCRUAL OF INTEREST

ON NATIONAL SAVINGS CERTIFICATE NSC)
TO WHOMSOEVER IT MAY CONCERN
This is to certifu an amount of { has accrued as interest for the year
on National Savings Certificate (VIII Issue and IX Issue) particularized below

standing in the ftrme of Shri/Smt at this post offrce.
Sl. No. Savings Certilicate Date of Issue / Deposit Amount Interest accrued
Number / NSC Account Date of opening int int
Number ofaccount
TotaI
Date Stamp of Post Office Signature of Postmaster/Sub Postmaster

No. I 13-03/2017-SB(Pt.I)
Govt. of India
Department of Posts
(F.S. Division)
Dated: 30.08.2023
Addendum
To
All Heads of Circles / Regions
Subject: Revision of interestrates for Small Savings Schemes w.e.f.01.07.2023.
***
Madam / Sir,
In continuation to this office letter of even number dated 30.06.2023 on the above
mentioned subject, the undersigned is directed to forward copies ofgazeffe notifications issued
by Department of Economic Affairs, Ministry of Finance in connection with the revision of
interest rates for second quarter of FY 2023-24 for further necessary action. Copies of the
following notifications dated 23.08.2023 are enclosed.
(D. c.S.R. 620(E) National Savings Time Deposit (Third Amendment) Scheme, 2023
(ii). G.S.R. 621(E) National Savings Recurring Deposit (SecondAmendment) Scheme,2023
Encl: As above.
vTJAYAN)
. Director (SBJ)
Copy to:
l. Sr. PPS to Secretary @osts)

2. PS to Director General Postal Services,
3. PPS/ PS to Addl. DG (Co-ordination)ilvlember @anking/tr{ember (O/Ir,Iember (P/
Member (Planning & HRD)/IvIember (PLI)/IvIember (Tech)/AS & FA
8. Director (jeneral P & T (Audit), Civil Lines, New Delhi
I l. The Under Secretary, MOF (DEA), NS-II Section, North Block, New Delhi.
12. The Joint Director & HOD, National Savings Institute, ICCW Building, 4, Deendayal
14.ADG (OL) for information and Hindi Translation of SB Order.
l5.Guard File/e-File.
(r c YAr9
Asst (sB-r)
सी.जी.-डी.एल.-अ.-24082023-248287
xxxGIDHxxx
CG-DL-E-24082023-248287
xxxGIDExxx
EXTRAORDINARY
सं. 485] नई दिल्ली, बृहस्ट्पजतिार, अगस्ट्त, 24, 2023/भार 2, 1945

No. 485] NEW DELHI, THURSDAY, AUGUST, 24, 2023/BHADRA 2, 1945
नई दिल्ली, 23 अगस्ट्त, 2023
सा.का.जन. 620(अ).—के न्‍दरीय सरकार, सरकारी बचत संिधिन अजधजनयम, 1873 (1873 का 5) की धारा
3क द्वारा प्रित्त िजियों का प्रयोग करते हुए, राष्ट्रीय बचत सािजध िमा स्ट्कीम, 2019 का और संिोधन करने के जलए
जनम्नजलजखत स्ट्कीम बनाती है, अथाित् :--
1. (1) इस योिना का संजिप्त नाम राष्ट्रीय बचत सािजध िमा (तीसरा संिोधन) स्ट्कीम, 2023 है ।
(2) यह 1 िुलाई, 2023 से प्रिृत्त हुई समझी िाएगी ।
2. राष्ट्रीय बचत सािजध िमा स्ट्कीम, 2019 के पैरा 7 में,--
(क) उप-पैरा 1(घ) में, "1 िनिरी, 2023 को या उसके पश्चात्" अंकों और िब्िों के स्ट्थान पर, "1 अप्रैल, 2023 और
30 िून, 2023 के बीच (जिसमें यह िोनों तारीखें सजममजलत हैं)” अंक, िब्ि और कोष्ठक रखें िाएंगे ;
(ख) उप-पैरा 1(घ) के पश्चात, जनम्नजलजखत उप-पैरा और सारणी अंत:स्ट्थाजपत की िाएगी, अथाित्: -
"1(ङ) योिना के अधीन 1 िुलाई, 2023 को या उसके पश्चात् दकए गए िमा पर नीचे िी गई सारणी में जनर्ििष्ट
ब्याि िर लागू होगी :--
5443 GI/2023 (1)

सारणी
क्र.सं. खाते की श्रेणी ब्याि की िर (प्रजतित प्रजत िर्ि)
(1) (2) (3)
1. एक िर्ि 6.9
2. िो िर्ि 7.0
3. तीन िर्ि 7.0
4. पांच िर्ि 7.5”।
[फा. सं. 1/04/2016-एनएस]
आिीर् िच्छानी, अपर सजचि
स्ट्पष्टीकारक ज्ञापन—राष्ट्रीय बचत सािजध िमा (तीसरा संिोधन) स्ट्कीम, 2023 अजधसूचना में यथा जिजनर्ििष्ट तारीख से
प्रभािी होगी, तथाजप, इस संिोजधत स्ट्कीम को भूतलिी प्रभाि दिए िाने के पररणामस्ट्िरूप दकसी भी व्यज‍त पर प्रजतकू ल
प्रभाि नहीं पडेगा।
रटप्पण : मूल स्ट्कीम संखयांक सा.का.जन. 922(अ), तारीख 12 दिसंबर, 2019 द्वारा भारत के रािपत्र, असाधारण, भाग 2,
खंड 3, उपखंड (i) में प्रकाजित की गई थी और तत्पश्चात् संखयांक सा.का.जन. 289(अ), तारीख
5 मई, 2020, सा.का.जन. 838(अ), तारीख 22 निंबर, 2022, सा.का.जन. 53(अ), तारीख 20 िनिरी, 2023
और सा.का.जन. 327(अ), तारीख 27 अप्रैल, 2023 द्वारा संिोजधत की गई थी।
MINISTRY OF FINANCE
NOTIFICATION
New Delhi, the 23rd August, 2023
G.S.R. 620(E).—In exercise of the powers conferred by section 3A of the Government Savings Promotion
Savings Time Deposit Scheme, 2019, namely:-
1. (1) This Scheme may be called the National Savings Time Deposit (Third Amendment) Scheme, 2023.
(2) It shall be deemed to have come into force on the 1st day of July, 2023.
2. In the National Savings Time Deposit Scheme, 2019, in paragraph 7,-
(a) in sub-paragraph 1(D), for the words and figures, “on or after the 1 st day of April, 2023”, the words,
figures and brackets “between 1st April, 2023 and 30th June, 2023 (both days inclusive)” shall be
substituted;
(b) after sub-paragraph 1(D), the following sub-paragraph and Table shall be inserted, namely:-
“1(E) The rate of interest as specified in the Table below shall be applicable to the deposit made on or
after 1st day of July, 2023 under the Scheme.
TABLE
S. No. Category of account Rate of interest
(1) (2) (3)
1. One-year 6.9
2. Two-years 7.0
3. Three-years 7.0
4. Five-years 7.5”.
[F. No. 1/04/2016-NS]
Explanatory Memorandum.- By giving retrospective effect to the National Savings Time Deposit (Third
Amendment) Scheme, 2023 no one shall be adversely affected as a result of retrospective effect being given to this
amendment.
289(E), dated the 5th May, 2020, G.S.R. 838(E), dated the 22nd November, 2022, G.S.R. 53(E), dated the 20 th
January, 2023 and G.S.R. 327(E), dated the 27 th April, 2023.
नई दिल्ली, 23 अगस्ट्त, 2023
सा.का.जन. 621(अ).—के न्‍दरीय सरकार, सरकारी बचत संिधिन अजधजनयम, 1873 (1873 का 5) की धारा 3क
द्वारा प्रित्त िज‍तयों का प्रयोग करते हुए, राष्रीय बचत आिती जनिेप योिना, 2019 का और संिोधन करने के जलए
जनमनजलजखत योिना बनाती है, अथाित् :--
1. (1) इस स्ट्कीम का संजिप्त नाम राष्रीय बचत आिती जनिेप (संिोधन) योिना, 2023 है ।
(2) यह 1 िुलाई, 2023 से प्रिृत्त हुई समझी िाएगी ।
2. राष्रीय बचत आिती िमा स्ट्कीम, 2019 (जिसे इसमें इसके पश्चात् उ‍त योिना कहा गया है) के पैरा 9 में,
सारणी 1.1 के स्ट्थान पर, जनम्नजलजखत सारणी रखी िाएगी, अथाित् :--
“सारणी-1.1
अिजध, जिसके िौरान खाता खोला गया 100 रु. मूल्य िगि के दकसी खाते पर पुन:संिेय रकम (रुपए में)
12.12.2019 से 31.03.2020 तक 7231.38
01.04.2020 से 31.03.2023 तक 6969.67
01.04.2023 से 30.06.2023 तक 7043.27
01.07.2023 को या उसके पश्चात् 7099.08
अन्‍दय दकसी मूल्य िगि के दकसी खाते पर ब्याि सजहत पुन:संिय
े रकम, सारणी में जिजनर्ििष्ट रकम की समानुपाती होगी”।
3. उि योिना के पैरा 10 के उप पैरा (2) के खंड (क) में,--
(क) सारणी 1.2 में, “1 अप्रैल, 2023 को अथिा उसके पश्चात्” अंकों और िब्िों के स्ट्थान पर, “1 अप्रैल, 2023
से 30 िून, 2023 के बीच (जिसमें ये िोनों तारीखें भी सजममजलत हैं)” अंक, िब्ि और कोष्ठक रखे िाएंगे ;
(ख) सारणी 1.2 के पश्चात् जनमनजलजखत सारणी अंत:स्ट्थाजपत की िाएगी, अथाित् :—
[1 िुलाई, 2023 को या उसके पश्चात् खोले गए तथा पररपक्वता अिजध के पश्चात् या पैरा 10 के उपपैरा (1) के अधीन
यथाजिस्ट्ताररत पररपक्वता अिजध से आगे माजसक िमाओं के साथ िारी खातों पर ब्याि सजहत पुन:संिेय रकम]
पूणि िर्ों की संखया, जिनमें खाता िारी रहा 100 रु. मूल्य िगि के दकसी खाते पर रकम (रुपए में)
एक िर्ि 8814.76
िो िर्ि 10644.70
तीन िर्ि 12596.52
चार िर्ि 14678.33
पांच िर्ि 16898.80
अन्‍दय दकसी मूल्य िगि के दकसी खाते पर ब्याि सजहत पुन:संिेय रकम, सारणी में जिजनर्ििष्ट रकम की समानुपाती होगी”।
4. उि स्ट्कीम के पैरा 11 के उपपैरा (2) में,--
(ख) सारणी 2.2 के पश्चात् जनमनजलजखत सारणी अंत:स्ट्थाजपत की िाएगी, अथाित् :--
[1 िुलाई, 2023 को या उसके पश्चात् खोले गए तथा पररपक्वता अिजध के पश्चात् या पैरा 10 के उप पैरा (1) के अधीन
यथाजिस्ट्ताररत पररपक्वता अिजध से आगे जबना दकन्‍दही नई माजसक िमाओं के साथ िारी खातों पर ब्याि सजहत पुन:संिेय
रकम]
पूणि िर्ों की संखया, जिनमें खाता िारी रहा 100 रु. मूल्य िगि के दकसी खाते पर रकम (रुपए में)
एक िर्ि 7571.89
िो िर्ि 8076.19
तीन िर्ि 8614.08
चार िर्ि 9187.79
पांच िर्ि 9799.71
अन्‍दय दकसी मूल्य िगि के दकसी खाते पर ब्याि सजहत पुन:संिेय रकम, सारणी में जिजनर्ििष्ट रकम की समानुपाती होगी”।
5. उि स्ट्कीम के पैरा 12 के उप पैरा (1) में,--
(ख) सारणी 2.2 के पश्चात् जनमनजलजखत सारणी अंत:स्ट्थाजपत की िाएगी, अथाित् :—
[1 िुलाई, 2023 को या उसके पश्चात् खोले गए तथा खाता बंि होने तक, इस योिना के अधीन पांच िर्ों के िौरान
िमाकताि की मृत्यु पर जिजधक उत्तराजधकारी या नामजनिेजिजतयों को संिेय रकम]
दकए गए िमाओं 100 रु. मूल्य िगि के जलए रकम दकए गए िमाओं की 100 रु. मूल्य िगि के जलए रकम
की संखया (रुपए में) संखया (रुपए में)
1 से 11 दकए गए िमा 36 3982.44
12 1242.86 37 4104.43
13 1350.10 38 4227.08
14 1457.91 39 4350.40
15 1566.31 40 4474.37
16 1675.28 41 4599.02
17 1784.85 42 4724.33
18 1895.00 43 4850.33
19 2005.75 44 4977.00
20 2117.10 45 5104.35
21 2229.04 46 5232.39
22 2341.59 47 5361.12
23 2454.74 48 5490.54
24 2568.51 49 5620.66
25 2682.88 50 5751.48
26 2797.88 51 5883.00
27 2913.49 52 6015.24
28 3029.72 53 6148.18
29 3146.59 54 6281.85
30 3264.08 55 6416.23
31 3382.20 56 6551.34
32 3500.96 57 6687.17
33 3620.36 58 6823.74
34 3740.41 59 6961.04
35 3861.10 60 7099.08
अन्‍दय दकसी मूल्य िगि के दकसी खाते पर ब्याि सजहत संिेय रकम, सारणी में जिजनर्ििष्ट रकम की समानुपाती होगी”।
[फा. सं. 1/04/2016-एनएस]
आिीर् िच्छानी, अपर सजचि
स्ट्पष्टीकारक ज्ञापन—राष्रीय बचत आिती िमा (संिोधन) योिना, 2023 अजधसूचना में यथा जिजनर्ििष्ट तारीख से
प्रभािी होगी । तथाजप, इस संिोजधत स्ट्कीम को भूतलिी प्रभाि दिए िाने के पररणामस्ट्िरूप दकसी भी व्यज‍त पर प्रजतकू ल
प्रभाि नहीं पडेगा ।
रटप्पण : मूल योिना भारत के रािपत्र, असाधारण, भाग 2, खंड 3, उपखंड (i) में संखयांक सा.का.जन. 918(अ), तारीख
12 दिसंबर, 2019 द्वारा प्रकाजित की गई थी और तत्पश्चात् संखयांक सा.का.जन. 285(अ), तारीख 5 मई,
2020 और सा.का.जन. 330(अ), तारीख 27 अप्रैल, 2023 द्वारा संिोजधत की गई थी ।
NOTIFICATION
New Delhi, the 23rd August, 2023
Savings Recurring Deposit Scheme, 2019, namely:-
1. (1) This Scheme may be called the National Savings Recurring Deposit (Second Amendment) Scheme, 2023.
(2) It shall be deemed to have come into force on the 1 st day of July, 2023.
2. In the National Savings Recurring Deposit Scheme, 2019 (hereinafter referred to as the said Scheme), in paragraph
9, for the TABLE 1.1, the following TABLE shall be substituted, namely:-
“TABLE-1.1
Period during which account is opened Amount (Rupees) repayable on an account of 100 rupees
denomination
From 12.12.2019 to 31.03.2020 7231.38
From 01.04.2020 to 31.03.2023 6969.67
From 01.04.2023 to 30.06.2023 7043.27
On or after 01.07.2023 7099.08
Amount repayable inclusive of interest on an account of any other denomination shall be proportionate to the amount
specified in the table”.
3. In the said Scheme, in paragraph 10, in sub-paragraph (2), in clause (a),-
(a) in TABLE-1.2, for the words and figures, “on or after the 1st day of April, 2023”, the following words, figures
and brackets “between 1st April, 2023 to 30th June, 2023 (both days inclusive)” shall be substituted;
(b) after TABLE-1.2, the following TABLE shall be inserted, namely:-
“TABLE-1.3
[Amount inclusive of interest repayable on the accounts opened on or after the 1 st day of July, 2023 and
continued with monthly deposits beyond the maturity period or maturity period as extended under sub-
paragraph (1) of paragraph 10]
Number of completed years for which the account Amount (Rupees) on an account of 100 rupees
One years 8814.76
Two years 10644.70
Three years 12596.52
Four years 14678.33
Five years 16898.80

“TABLE-2.3
[Amount inclusive of interest repayable on the accounts opened on or after the 1 st day of July, 2023 and
continued without any fresh monthly deposits beyond the maturity period or maturity period as extended
under sub-paragraph (1) of paragraph 11]
Number of completed years for which the account Amount (Rupees) on an account of 100 rupees
One years 7571.89
Two years 8076.19
Three years 8614.08
Four years 9187.79
Five years 9799.71
“TABLE-2.3
[Amount payable to legal heir or nominees on the death of the depositor in five years under this Scheme on the
accounts opened on or after the 1st day of July, 2023 and up to the closure of the account]
Number of deposits Amount (Rupees) for Number of Amount (Rupees) for

made denomination of 100 rupees deposits made denomination of 100 rupees
1 to 11 Deposits made 36 3982.44
12 1242.86 37 4104.43
13 1350.10 38 4227.08
14 1457.91 39 4350.40
15 1566.31 40 4474.37
16 1675.28 41 4599.02
17 1784.85 42 4724.33
18 1895.00 43 4850.33
19 2005.75 44 4977.00
20 2117.10 45 5104.35
21 2229.04 46 5232.39
22 2341.59 47 5361.12
23 2454.74 48 5490.54
24 2568.51 49 5620.66
25 2682.88 50 5751.48
26 2797.88 51 5883.00
27 2913.49 52 6015.24
28 3029.72 53 6148.18
29 3146.59 54 6281.85
30 3264.08 55 6416.23
31 3382.20 56 6551.34
32 3500.96 57 6687.17
33 3620.36 58 6823.74
34 3740.41 59 6961.04
35 3861.10 60 7099.08
[F. No. 1/04/2016-NS]
Explanatory Memorandum.-By giving retrospective effect to the National Savings Recurring Deposit (Second
Amendment) Scheme, 2023, no one shall be adversely affected as a result of retrospective effect being given to this
amendment.
vide number G.S.R. 918(E), dated the 12 th December, 2019 and subsequently amended vide numbers G.S.R.
285(E), dated the 5th May, 2020, G.S.R. 330(E), dated the 27th April, 2023.
and Published by the Controller of Publications, Delhi-110054. SARVESH KUMAR
Digitally signed by SARVESH
KUMAR SRIVASTAVA
SRIVASTAVA
Date: 2023.08.24 17:18:40 +05'30'
I
No. CBS-25/96/202 l-FS-DOP
Government of India
Department of Posts

. Dated:13.09.2023
To
Subject: Standard Operating Procedure for handling / payment of accounts /

certificates non-m ted to Finacle CBS -
Madam/ Sir,
Various references have been received in this offrce regarding of the

procedure for processing payments against POSB accounts and certificates which were left
out during migration to Finacle CBS due to yarious reasons.
2. After CBS & CSI GL integration which was implemented in September 2019, ideally
there should not have been any manual voucher posting in the F & A Module of CSI for
accounting ofPOSB transactions. However, in order to account the POSB related transactions
which are handled out of Finacle CBS, due to multiple reasons, voucher posting in F&A
Module of CSI is being resorted to.
3, In order to streamline the handling and payment of such non migrated POSB accounts
and certificates and also to restrict voucher posting in F&A module ofCSI in respect ofPOSB
receipts and payments, it has been decided that payment of any such non-migrated account(s)
and certificate(s) shall be done in Finacle. This will result into appropriate accounting of all
the POSB transactions in Finacle and will strengthen the checking mechanism. It will also
lead to reduction of inconvenience to customers.
4. Accordingly, Standard operating Procedure (soP) to handle all such non-migrated

POSB account(s) / certificate(s) in Finacle has been prepared and is attached for information,
guidance and necessary action.
5, Circles should ensure that direct manual voucher postines in respect of POSB
in f,'
Page 1 of 2
Page 1 of 14
6 It is requested to circulate it to all concemed for information, guidance, and necessary
actions
7. This is issued with the approval of the CompetentAuthority.
Encl: As above.
Yours faithtully
CI c
Assistant (SB-D
Copv to: -

3. PPS/ PS to Addl. DG (Co-ordination)/I4ember (Banking)/Ir,Iember (O)ilvlember @/
Member (Planning & HRD/IvIember (PLI)/Member (Tech)/AS & FA
10. All Generat Managers (Finance) / Directors Postal Accounts / DDAP
I l. The Under Secretary, MOF (DEA), NS-II Section, North Block, New Delhi'
Upadhyay Marg, New Delhi-I10002
14.ADG (OL) for information and Hindi Translation of SB Order.
(r C
Assistant (SB-D
Page 2 of 2
Page 2 of 14
Annexure to SB Order No. 18/2023
misrated POSB Accounts / Savings Certificates
Introduction
(i). POSB operations in post offices were earlier performed through Sanchay Post
application, which was a stand-alone application. Migration of post offices from
Sanchay post to CBS were commenced in end of the year 20L3. At the time of migration
of post offices 'Checklist for Go Live' was prepared by CEPT and shared with the
Circles for readiness of offices for migration. As prescribed in para (II) (1) of 'Check
List for Go Live', "scheme-wise, account-wise balances agreement had to be completed
before migration and balances in Finacle after migration were to be tallied with the
agreed balances (certified). However, it is understood that due to various reasons,
balances before migration and after migration were not tallied at the time of migration
and some of the accounts I certificates were left out for migration into CBS. Till now,
Payment of all such accounts / certificates are handled by the Post Offices / Divisions
manually out of system.
(ii). Various references have been received in Directorate from Circles for providing
u rt*d*d operating procedure for handling/payment of such non-migrated accounts /
certificates. The CBS and CSI systems were integrated in the month of Septembet20l9
for automatic flow of transaction amount from CBS system to CSI system. But,
whenever any non-migrated account I certificate is closed out of CBS system, itrequires
the manual correction in Long Book and the post offices need to enter such transactions
in F&A Module of CSI, which creates differences in POSB receipts and payments
available in CBS and CSI systems and such transactions require proper checking.
(iii). In order to overcome the issues mentioned in para (ii) above, it has been decided
to make necessary provision in Finacle to enable the post offices to enter all POSB
transactions in Finacle and to avoid manual entry of POSB transactions in F & A
Module of CSI. According, changes have been made in Finacle CBS system and the
following Standard Operating Procedure is being prescribed for handling of maturity
including post maturity and closure including premature closure payment of non-
migrateJPOSB accounts / Savings Certificates of the schemes mentioned in the table
in para (2)(a) below.
P-Non M igrated Certificates/Accounts Page 1 of 12

SB Order No. SO
Page 3 of 14
2. Changes done in Finacle CBS
(i). Two Office accounts have been created (One for payment of principal Amount
and another one for payment of Interest AmounQ for all poSB schemes mentioned
below. Details of oflice accounts are listed below.
SSTm\rTf, ACCOUNTNAME GL
OIIice accounts
IIEAI)
NONMIGRATED SB
30001
PO Savings PRINCIPAL
Account INTEREST ON NON MIGRATED
SB ACCOT]NT
37001 SOL ID+I\D(SBI
NONMIGRATEDRD
Recurring 30010 SOL D+IVD(RDP
PRINCIPAL
Deposit INTEREST ON NON MIGRATED
RDACCOT]NT 37009 SOL ID+IrID(RDI
NONMIGRATEDMIS
Monthly Income PRINCIPAL 30016 SOL ID+IvDCVIIP
Account INTEREST ON NON MIGRATED
37015 SOL ID+IVDO\4II
MIS ACCOUNT
NONMIGRATED SCSS
30020 SOL ID+I\D(SCP
Senior Citizen PRINCIPAL
Savings Scheme INTEREST ON NON MIGRATED
37017 SOL ID+IVD(SCI
SCSS ACCOT]NT
NONMIGRATEDPPF
Public Provident PRINCIPAL 33001 SOL ID+MXPPP
Fund INTEREST ON NON MIGRATED
PPF ACCOUNT
37026 SOL ID+I\DPPI
NONMIGRATED SSA
Sukanya 30042 SOL ID+MXSSP
PRINCIPAL
Samruddhi
INTEREST ON NON MIGRATED
Account 37077 SOL ID+IrID(SSI
SSAACCOTINT
NONMIGRATEDTD I YEAR
Time Deposit PRINCIPAL 3001l SOLID+MXTIP
Account I Year INTEREST ON NON MIGRATED
TD I YEARACCOI.]NT 37010 SOL ID+lvD(TlI
NONMIGRATEDTD 2 YEAR
Time Deposit PRINCIPAL 30012 SOL ID+I!D(T2P
Account 2 Years INTERE STONNONMIGRATED
TD2 YEARACCOTJNT 37011 SOL ID+IvD(T2I
Time Deposit PRINCIPAL 300r3 SOL ID+I!D(T3P
Account 3 Years INTERE STONNONMIGRATED
TD3 YEARACCOTINT 37012 SOL ID+I/D(T3I
SB Order No. SOP-Non Migrated Certifi cates/Accounts Page 2 of 12

Page 4 of 14
30014 SOL ID+I\D(TsP
Time Deposit PRINCIPAL
Account 5 Years INTEREST ON NON MIGRATED
37013 SOL ID+MXTsI
TD 5 YEARACCOT]NT
Kisan Vikas Patra NONMIGRATEDKVP (PRR
32002 SOL ID+IvD(KVP
(Issued up to 2014 PRINCIPAL
22.09.2014) INTEREST ON NON MIGRATED
71002 SOL ID+ND(KVI
KVP t4
Kisan Vikas Patra NONMIGRATED KVP (PRE-
32027 SOL ID+IVD(KNP
(Issued from 201 PRINCIPAL
23.09.2014 to
30.06.2016) 71004 SOL ID+I\D(KNI
KVP (PRE-20I6)
Kisan Vikas Patra NONMGRATEDKVP16 32027 SOL ID+IID(KPP
(Issued after PRINCIPAL
30.06.2016) INTEREST ON NON MIGRATED
71004 SOL ID+IVD(KPI
KVPI6
National Savings NONMIGRATEDNSCS 32001 SOL ID+M)OI{SP
Certificates MII PRINCIPAL
Issue
(Issued before INTEREST ON NON MIGRATED
71001 SOLIDIIVDOISI
01.07.2016) NSC8 (PRE-2016)
National Savings NON MIGRATED NSC16 32001 SOL ID+IVDO{PP

Certificates MII PRINCIPAL
lssued
(Issued after INTEREST ON NON MIGRATED
71001 SOLID+MXNPI
30.06.2016) NSCl6
National Savings NON MIGRATED NSC9 ISSUE 32003 SOL ID+IIDC\DG

Certificates IX PRINCIPAL
Issue INTEREST ON NON MIGRATED 71003 SOL ID+IVDTNXI
NSC9
NON MIGRATED NSS-87 30021 SOL ID+I!DO{8P
NSS-87 PRINCIPAL
INTEREST ON NON MIGRATED 70021 SOL ID+IIIDOI8I
NSS-87 ACCOTJNT
NON MIGRATED NSS-92 30022 SOL IDI-M)OI9P
NSS-92 PRINCIPAL
70020 SOL ID+I\DO{gI
NSS-92 ACCOTINT
(ii).The above office accounts are being created only in Head Post Offrces (HO)
SOLs and they are accessible by the official having the Supervisor role at HO.
sB Order No. SOP-Non Migrated Ce rtificates/Acco u nts Page 3 of 12
Page 5 of 14
(iii). Transactions done in these office accounts except KVP & NSC (MII Issue & IX
Issue) issued up to 30.06.2016, will be reflected in Long Book Detailed report and Long
Book Consolidation report.
(iv). Transactions carried out in respect of certificates issued before 01.07.2016, will
be reflected in the Discharge Journal of KVP and NSC.
Note: At present, there are 810 SOLs (Service Outlets) which are HOs as on date and
if any HO is down-graded to SO, Divisional Offrce concemed should ensure that the
above listed office accounts are disabled to prevent only such further ftansactions.
Request for disabling the accounts may be sent to CEPT.
3.
(i). The accounts / certificates which remained non-migrated to Finacle are to be

closed only at Head Post Offrces.
(ii). The transactions are to be done by 2 supervisors at HO concemed for accounts

belonging to HO and the sub post offices in account with the HO.
(iii). When any account / certificate holder attends the post offrce for closure /
maturity payment ofhis account / certificate and ifthe account / certificate is not found
or is found as 'Closed / Deleted' in Finacle CBS, all the documents namely Account
Closure Form / Claim Form, Passbook / Certificates (s) and other documents as
prescribed in various procedures in POSB CBS Manual (Corrected ry to 31.12.2021)
should be accepted from the Depositor(s) / Claimant(s). A receipt in SB-28 or NC-l I
shall be issued to the Depositor / Claimant for the passbook or certificates issued before
01.07.2016 respectively. The post offrce concemed shall follow the following
procedure besides following all the procedures prescribed in POSB CBS Manual
(Corrected up to 31.12.2021) nrespect of closure of account/ encashment of certificate
/ settlement of claims.
(A). Procedure at HO where the account / certificate stands
(l). (a). The designated PA should check and verifr that the account I ceftifrcate
is not closed or transferred out from the office records namely Account Opening Form
(AOF) / SB-3 or Application for purchase of Savings Certificates, Manual Ledger or
Ledger maintained in Sanchay Post, Specimen Signature (SS) Book and Long book(s)
and ascertain that this account is live.
Note: - Designated PA/SPM concemed shall obtain fresh KYC documents from the
account holder(s) and verifu with the original. These KYC documents shall be attached
with the case history sheet. If the KYC documents of the depositor(s/claimant(s) are
already available with the post offrce, CIF ID of the deposito(s)/claiman(s) may be
SB Order No. SOP-Non Migrated Certifi cates/Accounts Page 4 ol t2

Page 6 of 14
noted on the case history sheet and there should be no need to obtain fresh KYC
documents if there is no change in the KYC details.
(b). In case of certificates (KVPA.ISC) issued before 01.07.2016, Designated

PA should check and veriff that the certificate is not in the negative list or discharged
or tansferred out from the office records namely Application for purchase of
Certificates, Register of Duplicate Certificate, discharge joumals or the information
available in CC BNDGE application atHO.
(c). The designated PA after verification of records, shall prepare the case
history sheet on closure of non-migrated account / certificate in the format prescribed
(proforma is attached) and will pass the remarks along with the amount payable under
his / her signature. Then, designated PA will transfer the case along with the passbook
/ certificate, office record which has been referred and case history sheet to the Asst.
Postmaster (APM) or Deputy Postmaster (DPM) with his / her remarks / report.
@. (a). After verification by designated PA, API{/DPM shall veriS the records
to ensure the genuineness of the remarks of the designated PA. APIWDPM shall then
make his/her report / recommendation in the case history sheet.
O). APMiDPM shall forward the case with necessary report / recommendation, in
the case history sheet as follows:-
In case ofAccounts / Certificates issued In case of Certificates issued before

after 30.06.2016 01.07.2016
Send the case to the Supervisor / In- Send the case to Head of the Class-I HO
Chmge SBCO for checking the in case of Class - I HO or to the Head
genuineness of the live status of the Postmaster for forwarding the case to
account / certificate. Divisional Head, in case of other than
Class - I HO.
(3). Supervisor/In-Charge SBCO shouldthoroughly checktherecords in SBCO and

HO and veriff the details of the accounVcertificates and the amount payable along with
the interest. Then, helshe should send the case for sanction ofpayment, as follows.
In case of Gazetted HO Other than Gazetted HO

Send to Gazetted Postmaster Send to the Divisional Head
(4). In case of Gazetted HO, the Chief Postmaster / Dy. Chief Postmaster / Senior
Postmaster / Asst. Director will recommend the case after thorough examination and no
need to issue separate sanctiofl order for payment.
(5). (a). Divisional Head in tum shall examine the cases received from Supervisor
/ In-Charge SBCO and shall make recommendation in the case history sheet. If the case
sB Order No. SOP-Non Migrated Certificates/Accounts Pate 5 of 12

Page 7 of 14
ls recommended, Divisional Head shall issue sanction order for payment of the account
/ certificate.
(b). In case of certificates (KVP/I{SC) issued before 01.07.2016, Divisional

Head / Head of Class-I HO shall examine the cases received from Head Postmaster /
APM / DPM and consult the register of transfer of certificates to ensure that the
certificate(s) is not transferred out or paid in the office other than office ofissue. Ifthe
original application for purchase of certilicates is not available in the office of
issue, NO-DISCHARGE Certificate may be obtained from Postal Account Office.
After confirming the live status of the certificates and amount payable, the Divisional
Head shall issue sanction order for payment.
(6). On receipt of the sanction order for payment from Divisional Head or
Recommendation of Gazetted Postnaster, the payment should be processed in Finacle.
All payments should be made either through Account Payee Cheque or
credit in Post Office Savings Account (POSA) of account holder(s)/claimant. In
case POSA stands at other post office (SOL), then the payment above { 50,000/-'
shall be made only by Account Payee cheque. No cash payment should be made
and there is no facility for credit in other bank savings account.
(7). Process in Finacle
(a). APN{/DPM will initiate the payment in Finacle by using HTM menu by using
office account ofrespective scheme as below: -
Debit Credit
(i). Withdrawal from Principal PO Savings Account ofAccount holder
Amount office account of respective or Postmaster's cheque account (SOL
scheme (Listed in Para(2)(i)) rD+0340)
(ii). Withdrawal tom Interest Amount

office account of respective scheme
ln
O). The following fields should be entered in HTM menu.
(i)
Detail to be entered
Ref.No Date of Issue of NSC/KVP certificate
Remarks I Number of certificate
Transaction particulars Certificate Number & Division office
sanction order number
Postmaster cheque in favour of Name of account holder (both for SB
credit and credit in SOLID+0340)
Page 8 of 14
Annexure to sB Order No. 18/2023
Note: If above fields are not entered, Certilicate number, date of issue,
registration number details will not reflect in Discharge Journal.
(ii). Iry case of Acgounts and Certiticates isslted.qfler 30.06.2016
Field(s) Detail to be entered

Transaction particulars Account Number & Division office
sanction order number
Note: If transaction particulars are not entered, same will not reflect in Long
Book.
(c). API\4/DPM shall note down the tansaction particulars on account closure form
and handover to another API\4/DPM who has the Supervisory role in Finacle or the
Postmaster for verification.
(7). After verification by another APM/DPM/Posfrnaster, the APIWDPM will note

down the maturity amount in the case history sheet and pass the warrant of payment in
account I certifrcate.
(8). The designated PA will maintain a register in the following format and make
entries. Designated PA shall put up the register to APIM/DPM also.
REGISTER OX' PAYMENTS OF' NON.MIGRATED ACCOI]NTS / CERTIT'ICATES
(l) I
0()a
!lL
.EA d
(D
0 ..E E, o<
(li
o FE PE an
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o an
o >i al-r c, o E zA
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(H
o 5E C;)
\o o"
(D 0.
6) A
cl (D >r
o
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oo
rn
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6)
+r
ots
l.E E
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o:, .ii
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+i
(H
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ol.r
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pi a I
(A o Oi .() (A E6) o o (t) 6)
o) d) q) EI
a o (H
&
o (rr tr
o7
z;
5 !.'
E(l)
(H
o
(D o
o
(tl
c)
E
G)
(l
a tr{
o
(H
o
an
o
an
ct
(D E !t CB
v)
(€ B5 z(lI GI (' d
a c)5
c) ,= o 6)
zECl' <A E- ()
(8) (9) (10) /,.2)
(1) o\ (3) (4) (s) (6) (7) (1 1) (1 3)
(9). After effecting payment, necessary remarks in office records mentioned in the
previous paragraphs should be passed by the Designated PA and counter-signed by the
APM/DPM.
(10). Account Closure Form and Discharged Certificates should be disposed as

prescribed in relevant rules in POSB CBS Manual (Corrected up to 31.12.2021).
SB Order No, SOP-Non M igrated Certificates/Accounts PageT of1,2

Page 9 of 14
(11). the case history sheets along with the copy of the sanction order for payment
A11
should be maintained in a separate guard file.
(12). The designated PA or APM or DPM shall hand over the cheque to the
deposito(O/claimant(s) in case of payment through cheque and the acknowledgment in
token ofhaving received the cheque by ttre deposito(s/claimant(s), shall be obtained
at the bottom ofthe case history sheet.
(B). Procedure at Sub Post Office where the account / certificate stands
(l). Designated PA should follow the procedure mentioned in para 3(iiiXA) above.
Designated PA shall transfer the case to the Sub Postnaster (SPM)'
(2). (a). After verification by Designated PA, SPM should also veriff the records
io'*.*" the genuineness of the remarks of the Designated PA. SPM will then make
his report / recommendation in the case history sheet. Then, SPM shall forward the case
to the Head Postnaster of Account HO.
(3). At, HO the procedure prescribed in para 3 (A) above shall be followed'
(4). After processing the payment in Finacle at HO, ifthe payment is throug! cheque,
epfr{lDpVt will arrange for issue of cheque and forward the cheque to the SPM.
Further, APM/DPM shall forward a copy of the case history sheet to the So concemed.
(5). Onreceipt ofcase history sheet, necessary remarks in offrce records mentioned
in the previous paragraphs should be passed by the Designated PA and
by the SPM.
(6). All the history sheets along with the copy ofthe sanction order for payment
case
should be maintained in a separate gumd file.
(7). The designated PA or SPM shall hand over the cheque to the
depositor(s/claimant(s) in case ofpayment through cheque and the 1n
token of having received the cheque by the depositor(s)/claimant(s ), shall be obtained

(c). Procedure at Post ollice other than the oflicewhere the account / certificate
stands
(l). On receip of all the documents, Postmaster shall forward the case along with all
documents to the post office where account / certificate stands by Service Insured Post
on the day of its receip.
SB Order No. SOP-Non Migrated Ce rtificates/Acco u nts Page I of 12

Page 10 of 14
Annexure to SB order No. 18/2023
(2), Postmaster where the account / certificate stands shall then follow the procedure
as mentioned in para (A) or (B) above.
(3). Ifthe payment is prefened by cheque, Postmasterwhere the account/ certificate

stands shall forward the cheque to the offrce where the request for closure of account /
certificate has been submitted by the Depositor / Claimant. Further, Postnaster shall
forward a copy of the case history sheet also.
(4). Postmaster at the office where the request has been received will hand over the
cheque and make necessary entries in the register ofpayment ofnon-migrated accounts
/ certificates.
(5). The designated PA or APM or DPM or SPM shall hand over the cheque to the
depositor(s)iclaimant(s) in case of payment through cheque and the acknowledgment in
token ofhaving received the cheque by the deposito(s)/claimant(s), shall be obtained
(D). Procedure at Branch Post Office
(l). The Branch Poshnaster @PM) shall follow the procedure prescribed in Rule 70
of POSB CBS Manual (Corrected vp to 31.12.2021). Accordingly, BPM shall forward
the account closure request to Account Offrce and Account Office in tum shall follow
the procedure prescribed in the above paragraphs, ifthe account / certificate is not found
in Finacle CBS.
4.
l. (a). In case of closure of MIS and SCSS accounts, if any deduction (due to
premature closure of account) arises, the deduction amount should be credited in the
following offi ce accounts
MIS Deduction soLID+0185

SCSS Deduction SOLID+oI88
(b). In case ofclosure ofNSS-87 or SCSS accounts, ifany deduction towards

TDS arises, in such cases, the following offtce accounts should be credited.
TDS on NSS-87 SOLID+OO4I

TDS on SCSS soLID+o293
(c).Since the above office accounts are system-only accounts, a request may
be sent to CEPT through email for allowing credit in the oflice account concerned
through CPC, before processing in Finacle.
Note: The transactions stated in sub para (l) above will not appear in Long Book and
TDS reports.
Page 11 of 14
Annexure to sB Order No. 18/2023
2. Non-migrated accounts/certificates or certificates / accounts marked as 'Closed

/ Deleted' should be closed by following the above procedure strictly. No manual
voucher posting should be done directly in F & A Module of CSI in respect of
POSB Transactions. No manual corrections/modilications are to be made in the
Long Book/Discharge journal except in case oferceptional scenarios with approval
of Divisional Head.
3. Payments should be settled within 10-15 days in the cases where the request for
closure is accepted at the oflice where the account / certificate stands and within
maximum of 30 days in case request is acceped in offices other than where the account
/ certificate stands.
4. The above said procedure may be followed in the cases, where payment to the
Depositor(s) / Claimant(s) arises due to wrong balance migration in CBS and due to the
variation in the maturity amount due to wrong date of opening of account, wrong date
of transaction etc in CBS.
5. Role of SBCO & PA handling Cash Certilicate Returns at I{O:

(a). SBCO of concemed HO shall verifr the manual payment voucher entries
available in long book detailed report with sanction order of Divisional Head / Orders
of Head of Gazetted HO.
(b). PA handling Cash Certificate Returns at HO shall veri$ the details of the
certificates discharged with the details in discharge joumal and the sanction order of
Divisional Head.
(a). All the officers during the visits should ensure that the Post Offrces follows the
above prescribed procedure for closure of non-migrated accounts / certificates. During
visits / inspections, it should be ensured that the payments are settled within time
prescribed.
(b). During the annual inspection, the Inspecting Officers should check four cases
and report observations in the Inspection Report.
5. Illustretion for making entries in HTM
(a). For example, a KVP certificate ofDn t 10,000/- (Serial No. 3CDxxxx77) issued
on03.12.2014 in the name of Jansibhen is closed on 31.07.2023 at Rajkot HO (SOL ID
- 36000100) and the payment is prefened on transfer to Post Offrce Savings Account
Number (166099XXXX), as per the above procedure which was sanctioned vide
Sanction Memo No. SB-10152/2023-Non-Mig dated28.07.2023, the entries shall be as
follows.
SB Order No. SOP-Non Migrated Certifi cates/Accounts PaSe 10 of 12
Page 12 of 14
Principal Payment < 10,000

Interest Payment < 10,000 +7259 (PI!fl):<10,2591-
Debit Credit
(D. A/C rD - 36000100MXKM - < 10,000/- A/C rD - 166099X)OrX - <20,2s9/-
ID-36000100M)KM-<1 0,2s9/-

Ref.No 03.12.2014 (Maximum 20 Characters)
Remarks I 1566 (Maximum 30 Characters)
Transaction particulars 3CDxxxx77 (SB-10 / 52 12023-Non Mig
dated 28.07 .23) (Maximum 50
Characters)
Postmaster in favour of Jansibhen
O). t
For example, one MIS account with the deposit of 30,000/- (Account No.
12534) opened in the name of Rajesh is matured on 30.07.2076 and closed on
31.07.2023 at Madurai HO (SOL ID - 62500100) and the payment is preferred by
cheque, as per the above procedure which was sanctioned vide Sanction Memo No.
CBS-17/1512023-Non-Migration dated 31.07.2023, the entries shall be as follows:-
Principal Payment < 30,000

Interest Payment < 8,400 (PMD
Debit Credit
(i). A/C ID - 62500100IVD(MIP - < 30,000/- A/C ID - 62500100340 - < 38,400/-
.A/C ID - 62500100M(MII - < 8 4001-

Transaction particulars 1253 4 & CBS-17 I I 5 12023-Non-Mig
dated31.07.2023
* Assume that all the monthly interest payments have already been paid to the
depositor.

Page 13 of 14
Date:
I Name of the post offrce

where the account stands
2. Scheme
J Account Number /
Registation Number
including Certificate(s)
4. Name of the s)
5. Date of Opening / Issue
6. Date of Maturity
7 Amount of Deposit /
Balance as per passbook /
certificate(s)
8. Reason Non-Migrated /'Closed / Deleted' / Other
9 Report of Designated PA
along with the amount (in t)
payable
(Simature of Desienated PA)

10. Report / Recommendation
of Asst. Postnaster / Deputy
Postnaster / Sub Postnaster
(Sienature ofAPM/DPII/SPM)
I l. Recommendation of SBCO /
Head Poshnaster
(Head Poshnaster in case of
certificates issued before
01.07.2016)
/ Head Posfnaster)
12. Recommendation of
Divisional Head I Gazelled
Postmaster
(Divisional Head / Gazetted PM)

13. Payment particulars viz.
Finacle Transaction ID /
Amount / Date with the
payment details (Cheque
Number / POSA Account
detail) (Sienature of APIU/DPM)
SB Order No. SOP-Non MiErated Ce rt ificates/Accou nts Page t2 of 12

Page 14 of 14
SB OrderNo. 19 12023
F. No tt3-0312017-SB(Pt. 1)
Government of India
Department of Posts
(f inancial Senices Division)
Dated: 29.09.2023
To
AII Head of Circles/Regions
Subject: Revision of interest rates for Small Savings Schemes w.e.f. 01.10.2023
Madam / Sir,
The undersigned is directed to say that, vide memorandum No. 11412019-NS dated
29.09.2023 (copy enclosed), Government of India, Ministry of Finance, Department of
Economic Affairs (Budget Division) has informed that the rate of interest on various Small
Savings Schemes (National Savings Schemes) for the third quarter of financial year 2023-24
(starting from I't October, 2023 and ending on 31't Decemberr2023) have been revised
as under.
sl. Instrument / Scheme Rate of Interest Rate of Interest

No. from 01.07.2023 from 01.10.2023
to 30.09.2023 to 31.12.2023
1 Post Office Savings Account 4.0 4.0
2. I Year Time Deposit 6.9 6.9
J 2Year Time Deposit 7.0 7.0
4. 3 Year Time Deposit 7.0 7.0
6. 5 Year Recurring Deposit 6.5 6.7
7 Senior Citizen Savines Scheme 8.2 8.2
8. Monthly Income Account Scheme 7.4 7.4
9. Sukanya Samriddhi Account Scheme 8.0 8.0
10 Public Provident Fund Scheme 7.1 7.1
11 National Savinss Certificate 7.7 7.7
t2 Kisan Vikas Pata 7.5 7.5
(will matr:re in (will matue in
115 months) 115 months)
2. It is requested to circulate it to all concerned for information and necessary guidance.

Same may also be placed on the notice board of all Post Offrces in public area. The relevant
calculation tables will be supplied in due course on receipt from the DEAilvloF.
(SB-D
Copv to: -

3. PPS/ PS to Addl. DG (Co-ordination/lvlember (Banking/Member (O)/Ivlember (P)/
Member (Planning & HRD)/IvIember (PLI/Member (Tech)/AS & FA
11. The Under Secretary, MOF (DEA), NSJI Section, North Block, New Delhi.
12. The Joint Director & HOD, National Savings Institute, ICCW Building,4 Deendayal
Upadhyay Marg, New Delhi-I10002
(TC
Assistant (sB-r)
,,] :
':a." -:":
'fhe,iles
frsm totOctobeL2A2S below:
Rates of interCItfrorn
i
s0.m.20?3, ,,.
to TX;T.ZZA?F ,;,
Savings Deposit 4.0 4.0

l YearTime.Deposit l 6., rr:1,,,,, r:,:
3 Year Time Deposit 7;0

Time,Depg$it,r.,:, t,,, il
,,.. 5Ygaf ,7,5 ....
!:: ' , "$:ysffT[ ufiitig.rDepi#tii: ]r#,,r;!rr.
-:.1.1:...
.
:" / F
lt-9
-i:.Yl.
"'
....'r...
: 'i
$enior Citieen Savinp Scheme 8:2 E.2 :J::i+',i;;jl+,
--.-"-
National SavingB Certificate . 7.7
1l
,,,.:,)1i,,,.'1?i-5ft Ifi ,lmature,ifrll$:,,,

rnonths)
i
,. ,J.,,: .,,,.8:0 F'o ',:, itt ,,;,,,1 ,,
2. Thi-r has the approvq! of competent authority.
{K*prl
:::
,:
To,
1. ' The Finance :rSecret'ar? tli:::: etary

Expendihrre, Department of Expencliture
.North Bloek, Ne,w l)elhi. North Block,NcwD€trhi.
3. The Secretary, 4. 'lhesecretary,

Departurcnt ofRFvenue Deparknent of Financial Services
lrlorth Block, New Delhi. :": "''jsev,Deep$tflding,hfewDelhi.
The Secretary, 6., , The Ctrrcf Geqeral lvfgrggcr (DGBA) ,:.,
Department of Posts I i.Resei+C Banlirof $idia, Cet*rat Offise,

DakBhawan, New Delhi. Mumbai.
7, lteserve Bank of India 6'' g5i.1 Secehrjes rrf. States I 'UT

Goverrunent
,,, 9'
SBOrderNo.20 12023
No. FS-13/7/2020-FS
Govemment of India
Department of Posts
(F.S. Division)
Dated;26.10.2023
To
AII Head of Circles / Regions
Subject: Introduction of opening of Monthly Income Scheme (MIS) Account,

Senior Citizens Savings Scheme (SCSS) Account and Mahila Samman
Savings Certificate (MSSC) through DOP Internet Banking -
c.
Madam / Sir,
To facilitate more digital transaction facilities to customers of Post Office
Savings Bank (POSB), opening of MIS, SCSS and MSSC scheme accounts has been
introduced in DOP Internet Banking w.e.f. 20.10.2023.
2. The option for opening of MIS, SCSS and MSSC schemes accounts is
available under the 'General Services' tab of DOP Internet Banking of Post Office
Savings Account Customers. The following procedure may be followed by the
Intemet Banking users for opening ofaccount: -
After Login into DOP Internet Banking by Post Office Savings Account Customer:
. Click on 'General Services' Tab

. Click on 'Service Requests'
. Select 'New Requests' & Click on'Ok'
. Click on 'MIS Accounts - Open a MIS Account' or'MSSC Accounts - Open a
MSSC Account' or'SCSS Accounts - Open a SCSS Account'
. Enter the Deposit Amount (Amount should be as prescribed in the scheme
rules)
. Select the Debit Account (linked PO Saving Account)
. Enter the 'Transaction Remarks' if necessary
. Select the check box to agree to terms and conditions (Conditions may be read
by clicking on the link 'Click here'
. Click on 'Submit online'
. Enter the 'Remark' if additional detail is required.
. Enter the 'Transaction Password'
. Click on 'Submit' (Account will be opened if all the conditions are fulfilled)
. VieWDownload Deposit Receipt
/2t
Note (i).
The account opened will be available in Accounts summary after a gap
of few minutes and after re-login in Intemet Banking.
(ii). Single account type can only be opened. Account will be opened in the name of
DOP Internet Banking user and nominee(s) available in linked Savings Account will
be registered as nominee for the newly opened MISiSCSSA4SSC account.
(iii). SCSS account can be opened only by the depositors whose age is 60 or above.
Persons who are eligible to open SCSS account below 60 years ofage have to visit the
post offices for opening the SCSS account.
3. Closure of MIS/SCSSiIT,ISSC scheme accounts through Internet Banking will

be intoduced shortly.
4. Accordingly, now DOP Intemet Banking users can open all schemes' accounts
online except Post Office Savings Account (POSA) and Sukanya Samriddhi Account
(SSA) and close the following schemes' accounts.
Sl. No. Scheme Open Close

I t
2 Time
J Monthly Income Scheme (MIS) x
4 Public Provident Fund (PPF)
5 Senior Savings Scheme (SCSS) x
6 Kisan Vikas Patra (KVP)
Closure of KVP Issued on or after 01.07.201
7 National Savings Certificates VIII Issue (NSC)
(Closure of NSC Issued on or after 01.07.2016)
8 Mahila Samman Savings Certificate (MSSC) x
5. It is requested to circulate
these instuctions to all post offices for information
and guidance. Adequate information of this functionality may be disseminated for the
benefit of POSB customers. Further, post omces may be instructed to promote
activation of Internet Banking & Mobile Banking to Post Oflice Savings Account
Holders.
Yours faithtully
Director (SB-I)
Copy to:-
3. PPS/ PS to Addl. DG (Co-ordination)ilVlember (Banking/Member (O)/Llember (P)/
Member (Planning & HRD/lvlember (PLI/ItIember (Tech/AS & FA
10.All General Managers (Finance) / Directors Postal Accounts / DDAP
Upadhyay Marg, New Delhi-I10002.
13.All recognized Federations / Unions / Associations
14.Deputy Director (OL) for information and ranslation of the order in Hindi language.
15. Guard File
(r AN)
(sB-r)
No. FS-POSB/ 1/2023-FS-DOP
Government of India
Department of Posts
(F.S. Division)
Dated: 03.11.2023
To
All Head of Circles I Regions
Subject: Implementation of facility of resetting of password through One Time

Password (OTP) in RD Agent Portal and mandatory requirement of mobile
number of MPKBY Agents & PRSG Leaders - Regarding.
***
Madam / Sir,
At present if any agent using the Agent Portal forgets password or enters
incorrect password for 5 times or if any agent does not login in the Agent Portal for
more than 90 days, ID gets locked and new password request is then submitted by the
agent at linked post office. This request is then sent to CEPT - CBS EOD team through
Circle CPC. Post resetting of password, EOD team sends the password to concerned
CPC for onward transmission to Agents. This results in delay in receipt of password.
2. In order to avoid the delay in the above said process and to enable agents to reset
their password without depending on the post office, functionality for resetting of
password through OTP has been deployed in Finacle on 03.11.2023. Accordingly, all
the MPKBY agents and PRSG (Pay Roll Savings Group) Leaders utilizing the DOP
Agent Portal for crediting the RD deposits can reset their login password using 'Forgot
Password Option' enabled in DOP Agent Portal on their own without depending on
the post offices where the agents are linked / authorized to deposit.
3. Agents can utilise the above facility only when the mobile number is available
in Agent's Profile. Hence, capturing of mobile number has been made mandatory while
creating new agents. Further, in respect of existing agents, mobile number linked with
the Commission Credit Account has been updated in the Agents' profile as a one-time
measure.
. .. 2 ...
/2/
4. As per the process deployed, OTP will be sent to registered mobile number
which is available in Agents' profile. If any agent wants to change the mobile number,
she I he can approach the post office concerned and get the same updated in the Agent's
Profile detail (through HDSAMM menu). If OTP is not received within 180 seconds,
Regenerate OTP button will get automatically enabled after the lapse ohime.
5. In case of new agents whose Agent ID has been created in EB Admin Portal and
password set for the first time, default password will be sent to the Agents through SMS.
This password needs to be used for setting new password.
6. It is requested to communicate the deployment of above functionality to all the

concerned and the existing process of resetting of Agents' login password through post
offices / CPC / CEPT may be discouraged.
Yours faithfully
~evender d ~a)
Copy to:-

3. PPS/ PS to Addl. DG (Co-ordination)/Member (Banking)/Member (O)/Member (P)/
Member (Planning & HRD)/Member (PLI)/Member (Tech)/AS & FA
5. Chief General Manager, BD Directorate I Parcel Directorate / PLI Directorate
7. Director, RAK.NP A / GM, CEPT / Directors of all PTCs.
10. All General Managers (Finance) I Directors Postal Accounts / DDAP
11 . The Under Secretary, MOF (DEA), NS-II Section, North Block, New Delhi.
Upadhyay Marg, New Delhi-110002.
14. Deputy Director (OL) for information and translation of the order in Hindi language.
15. Guard File
(Devende ar Sharma)
SB Order No.2212023
F. No 1 13-03/2017-SB(Pt.r)
Govemment of India
Department of Posts

Dated: 14.11.2023
To
Subiect: Circulation of amendments in Senior Citizen's Savings Schemeo 2023n

National Savings Time Deposit Scheme, 2019 and Public Provident
Fund Scheme, 2019- Reg.
Madam / Sir,
The undersigned is directed to forward the copy of the Gazette notihcations

dated 07.11.2023 (Published on 09.11.2023 at22:46 Hrs) issued by Department'of
Economic Affairs, Ministry of Finance in connection with the amendments in rules
related to National (Smal1) Savings Schemes.
(D. G.S.R.829(E) - Senior Citizen's Savings (Foufih Amendment) Scheme, 2023.

(ii). G.S.R.830(E) - National Savings Time Deposit (Fourth Amendment) Scheme,
2023.
(iii). G.S.R.83f (E) - Public Provident Fund (Amendment) Scheme, 2023.
2. The following amendments have been notihed in the above said notifications.
(D. Amendments in Senior Citizens' Savings Scheme, 2019,
(a) New rules inserted in Senior Citizen s' Savinss Scheme. 2019.
.s/. Rule No, ttfler New Provision

No. which new
provision inserted
1 Rule 6 (1), clause (iv) In case the account is closed before expiry of one year
(iii) from the date of extension as mentioned in sub-paragraph
(2), an amount equal to one per cent of the deposit shall be
deducted and the balance shall be paid to the account
holder.
Page 1 of 8
(b). Rules amended in Senior ' Savings Scheme, 2019.
^s/
Rule No. Existing Provision Amended Provision
No.
1 Rule 3 (l) who has attained the age of fifty- who has attained the age of fifty-
clause (ii) five years or more but less than five years or more but less than
and the sixty years, and who has retired sixty years, and who has retired
proviso on superannuation or otherwise on superannuation or otherwise
on the date of opening of an on the date of opening of an
account under this Scheme, account under this Scheme,
subject to the condition that the subject to the condition that the
account is opened by such account is opened by such
individual within one month of individual within three months
the date of receipt of the from the date of receipt of the
retirement benefits and proof of retirement benefits and proof of
date of disbursal of such date of disbursal of such
retirement benefit(s) along with a retirement benefits along with a
certificate from the employer certificate from the employer
indicating the details of indicating the details of
retirement on superannuation or retirement on superannuation or
otherwise, retirement benefits, otherwise, retirement benefits or
employment held and period of admissible financial assistance
such employment with the to an eligible government
employer, is attached with the employee who died in harness, I
application form: employment held and period of

such employment with the
I
employer, is attached with the

form:
I
application I
Provided that the retired Provided that the retired

personnel of Defence Services personnel of Defence Services
(excluding Civilian Defence (excluding Civilian Defence
employees) shall be eligible to employees) shall be eligible tp
open an account under this open an account under this
Scheme on attaining the age of Scheme on attaining the age of
fifty years subject to the fifty years subject to the
fulfilment of other specified fulfilment of other specified
Lconditions. conditions.
Provided further that the

spouse of the government
employee shall be allowed to
open an account under this
Scheme, if the government
employee who has attained the
aqe of fifty years and has died
Page 2 of 8
in harness, subject to the
fulfilment of other specified
conditions.
Explanation:- For the purposes
of this proviso, the
Government Employee
includes all Central and State
Government employees
eligible for retirement benefit
or death compensation."
Ex- lFor the purposes of this sub- For the purposes of this sub-
planation lparagraph, "retirement benefits" paragraph, "retirement benefits"
under l-.unt any payment due to the means any payment due to the
Rule 4 account holder on account of account holder on account of
retirement on superannuation or retirement on superannuation or
otherwise and includes Provident otherwise and includes Provident
Fund dues, retirement or Fund dues, retirement or
superannuation gratuity, superannuation or death
commuted value of pension, cash gratuity, commuted value of
equivalent of leave, savings pension, cash equivalent of
element of Group Savings Linked leave, savings element of Group
Insurance Scheme payable by the Savings Linked Insurance
employer on retirement, Scheme payable by the employer
retirement- cum-withdrawal on retirement, retirement-cum-
benefit under the Employees' withdrawal benefit under the
Family Pension Scheme and ex- Employees' Family Pension
gratiapayments under a voluntary Scheme and ex-gratia payments
or a special voluntary retirement under a voluntary or a special
scheme. voluntary retirement scheme and
in case, if the employee died in
harness, the t'retirement
benefits" shall also mean thg:
above mentioned benefits to
employee who died in
harness.'.
3 Rule 5 (7) In of
case an account extended In case of an account extended
after maturity under sub- after maturity under sub-
paragraph (l) ofparagraph 8, the paragraph (1) ofparagraph 8, the
deposit in such account shall earn deposit in such account shall earn
interest at the rate applicable to interest at the rate applicable to
the Scheme on the date of the Scheme on the date of
maturity. maturity or on the date of
extended maturify.
4. Rule 7 (1) The deposit made at the time of The deposit made at the time of
opening of the account shall be opening of account shall be paid
paid on or after the expiry of five on or after the expiry of five
Page 3 of 8
lyears
or after the expiry of eight y.urr or after the expiry ofeach
I
lyears where account period of three years
was I block
extended under paragraph 8 from where account was extended
the date of the opening of the under paragraph 8 from the date
account, on an application in of opening of account, on an
Form-3. application made in Form-3:
Provided that after closure of the

existing account or accounts,
new account or accounts may be
opened again as required by the
depositor subject to the
maximum deposit limit as
mentioned in sub-paragraph (l)
ofparagraph 4.
5 Rule 7 (2) Provided further that in case of a Provided further that in case of a
Second joint account, or where the spouse joint account, or where the
Proviso is the sole nominee, the spouse spouse is the sole nominee, the
may continue the account on the spouse may continue the account
same terms and conditions as by applying to the accounts
specified under this Scheme, if office, on the same terms and
the spouse meets eligibility conditions as specified under this
conditions under the Scheme on Scheme, if the spouse meets
the date of death of the account eligibility conditions under the
holder. Scheme on the date of death of
the account holder.
6 8 (1) The account holder may extend The account holder may extend
the account for a further period of the account for a further block
three years by making an period of three years by making
application in Form-4 within a an application in Form-4 within a
period of one year from the date period of one year from the da{p
of maturity. of maturity or from the date of
end of each block period of
three years.
7 Rule 8 (2) The extension of the account The extension of the account
under sub-paragraph (1) shall be under sub-paragraph (l) shall be
deemed to have been made from deemed to have been made frosr
the date of maturity irrespective the date of maturity or from the
of the date of application. date of end of each block
period of three years,
irrespective of the date of
application.
8. Rule 8 (3) Extension of an account under Extension of an account under
sub-paragraph (l) shall be sub-paragraph (l) shall be
available only once. available in block period of
three years.
Page 4 of 8
(II). Amendments in National Savings Time Deposit Scheme, 2019
sl. Rule No. Existing Provision Amended Provision

No.
1 Rule 8 remature closure of Premature closure of account.-
- Premature closure of Premature closure of an account
account shall be allowed on an shall be allowed on an
lication by the account holder application by the account holder
Form-4, subject to the in Form-4, subject to the
conditions, namely:- following conditions, namely:-
a) no deposit shall be withdrawn (a) no deposit shall be withdrawn

lbefore the expiry of six months before the expiry of six months
lfrom the date of deposit; from the date of deposit;
(b) where a deposit in a one-year, (b) where a deposit in a one-

two-year, three-year or five-year year, two-year or three-year
account is withdrawn account is withdrawn
prematurely after six months, but prematurely after six months, but
before the expiry of one year before the expiry of one year
from the date of deposit, interest from the date of deposit, interest
shall be payable to the account shall be payable to the account
holder at the rate applicable to holder at the rate applicable ,{o
Post Office Savings Account for Post Office Savings Account for
the completed months; the completed months;
(c) where a deposit in a two-year

(c) where a deposit in a two-year, or three-year account is
three-year or five-year account is withdrawn prematurely after the
withdrawn prematurely after the expiry of one year from the date
expiry of one year from the date of deposit, interest on such
of deposit, interest on such deposit shall be payable to the
deposit shall be payable to the account holder for the completed
account holder for the completed years and months, commencing
years and months, commencing on the date of deposit and ending
on the date of deposit and ending with the date of withdrawal, and
with the date of withdrawal, and such interest shall be calculated
such interest shall be calculated at the rate which shall be less by
at the rate which shall be less by two per cent points than the rate
two per cent. points than the rate specified for a deposit of one-
specified for a deposit of one- year or two-year, as the case may
year, two-year or three-year, as be, and interest for the completed
the case may be and interest for year shall be calculated on
the completed year shall be quarterly compounding basis in
calculated on quarterly accordance with the provisions
Page 5 of 8
basis in of paragraph 7, and for any part
with the provisions of of a year, interest shall be
'7, and for any part of a payable as per the provisions of
) interest shall be payable as sub-paragraph (b);
provision of sub-paragraph
) (d) Where a deposit in a fivd'-
year account is withdrawn
lProvided that if a five-year Time prematurely after four years
lDeposit account is closed after from the date of opening of
ifour years from the date of account, interest shall be
ideposit, rate admissible for three- payable at the rate applicable
year Time Deposit account shall to Post Office Savings
be applicable for calculation of Account; and
interest under this paragraph;
(e) any interest already paid on
the deposit under paragraph 7
(d) any interest already paid on shall be recovered from the
the deposit under paragraph 7 amount of repayment of deposit
shall be recovered from the and the interest payable under
amount of repayment of deposit this paragraph.".
and the interest payable under
this paragraph.
(III). Amendments in Public Provident Fund Scheme, 2019
^s/.
Rule No. Existing Provision Amended Provision
No
I Rule 13 in Provided further that on such Provided further that on such
the second premature closure, interest in the premature closure, interest in
proviso account shall be allowed at arute the account shall be allowed at
which shall be lower by one per a rate which shall be lower by
cent. than the rute at which one per cent than the rate at
interest has been credited in the which interest has been
account from time to time since credited in the account from
the date of opening of the time to time since the date of
account, or the date of extension opening of the account, or
of the account, as the case may from the date of
be. commencement of the
current block period of five
years, as the case may be.
Page 6 of 8
4. The following are the important changes in scheme features.
Scheme Features
Senior l. Investments through retirement benefits can be made within three
Citizens' months from the date of retirement benefits.
Savings 2. Spouse of the retired Government employees whose age is fifty-
Scheme five years and died in harness, can invest in the scheme
irrespective of age, subject to other conditions.
3. Extension of account can be done for block period of three years
irrespective of number of times till the death of the depositor.
4. Extended account can be closed prematurely before one year
subject to the deduction of loh of the deposit amount.
Time Deposit 5-Year TD account cannot be prematurely closed till completion of four
years from the date of deposit. In case of pre-mature closure of 5-year
TD account after four years, interest shall be payable at the interest rate
applicable to the Post Office Savings Account scheme.
4. Necessary changes are being made in Finacle and till such time, the above
provisions are to be complied by the post offices and handled procedurally, without any
violation.
5. It is requested to circulate it to all concerned for information, guidance, and

necessary actions.
Encl: As Above.
Yours faithfully,
\q\ \>oz3
(DEVENDER KUMAR SHARMA )
Page 7 of 8
Copy to: -

3. PPS/ PS to Addl. DG (Co-ordination)/IVlember (Banking)AvIember
(O)/Member (P)/ Member (Planning & HRDyMember (Pll)/\4ember
(Tech)/AS & FA
6. Sr. Deputy Director General (Vig) & CVO) / Sr. Deputy Director General
(PAF)
14. ADG (OL) for information and Hindi Translation of SB Order.
\q \rr \>'23
(DEVENDER SHARMA)
Page 8 of 8
सी.जी.-डी.एल.-अ.-09112023-249981
xxxGIDHxxx
CG-DL-E-09112023-249981
xxxGIDExxx
EXTRAORDINARY
सं. 649] नई दिल्ली, बृहस्ट्पजतिार, निम्बर 9, 2023/कार्तिक 18, 1945

No. 649] NEW DELHI, THURSDAY, NOVEMBER 9, 2023/KARTIKA 18, 1945
नई दिल्ली, 7 निम्बर, 2023
सा.का.जन. 829(अ).— कें द्रीय सरकार, सरकारी बचत संिधिन अजधजनयम, 1873 (1873 का 5) की धारा 3क
द्वारा प्रित्त िजियों का प्रयोग करते हुए, िररष्ठ नागररक बचत स्ट्कीम, 2019 का और संिोधन करने के जलए जनम्नजलजखत
स्ट्कीम बनाती है, अथाित् :--
1. (1) इस स्ट्कीम का संजिप्त नाम िररष्ठ नागररक बचत (चौथा संिोधन) स्ट्कीम, 2023 है ।
(2) ये रािपत्र में इसके प्रकािन की तारीख को प्रिृत्त होगी ।
2. िररष्ठ नागररक बचत स्ट्कीम, 2019 (जिसे इसमें इसके पश्चात् मूल स्ट्कीम कहा गया है) के पैरा 3 के उपपैरा (1) के खंड
(ii) और परं तुक के स्ट्थान पर जनम्नजलजखत रखा िाएगा, अथाित् :--
‘‘(ii) जिन्होंने पचपन िर्ि या उससे अजधक दकन्तु साठ िर्ि से अनजधक की आयु प्राप्त की है और िो इस स्ट्कीम के
अधीन खाता खोलने की तारीख को अजधिर्र्िता या अन्यथा, सेिाजनिृत्त हो गया है, इस िति के अधीन रहते हुए दक ऐसे
व्यजि द्वारा सेिाजनिृजत्त फायिे प्राजप्त की तारीख के तीन मास के भीतर खाता खुलिाया गया है और ऐसे सेिाजनिृजत्त फायिे
7086 GI/2023 (1)

के संजितरण का सबूत, जिसके साथ जनयोिक से अजधिर्र्िता या अन्यथा पर सेिाजनिृजत्त के ब्यौरे उपिर्िित हो, दकसी ऐसे
पात्र सरकारी कमिचारी को सेिाजनिृजत्त फायिे या अनुज्ञेय जित्तीय सहायता, जिसकी कायि के िौरान मृत्यु हुई है, धाररत
जनयोिन और जनयोिक के साथ ऐसे जनयोिन की अिजध, आिेिन प्ररूप के साथ संलग्न हैं :
परं तु रिा सेिा (जसजिजलयन रिा कमिचाररयों के जसिाय) के सेिाजनिृत्त कार्मिक अन्य जिजनर्ििि ितों को पूरा
करने के अधीन रहते हुए पचास िर्ि की आयु प्राप्त करने पर इस स्ट्कीम के अधीन खाता खोलने के जलए पात्र होंगे:
परं तु यह और दक इस स्ट्कीम के अधीन सरकारी कमिचारी के पजत-पत्नी को अन्य जिजनर्ििि ितों के पूणि होने के
अध्यधीन खाता खोलने की अनुज्ञा होगी, यदि सरकारी कमिचारी, िो पचास िर्ि की आयु प्राप्त कर चुके हैं और जिनकी कायि
के िौरान मृत्यु हो गई है।
स्ट्पिीकरण—इस परं तुक के प्रयोिनों के जलए, सरकारी कमिचारी, कें द्रीय और राज्य सरकार के कमिचाररयों सजहत,
सेिाजनिृजत फायिा या मृत्यु प्रजतकर के पात्र होंगे ।’’
3. मूल स्ट्कीम में, पैरा 4 के स्ट्पिीकरण के स्ट्थान पर जनम्नजलजखत स्ट्पिीकरण रखा िाएगा, अथाित् :--
‘‘स्ट्पिीकरण- इस उपपैरा के प्रयोिनों के जलए, ‘‘सेिाजनिृजत्त फायिे’’ से अजधिर्र्िता या अन्यथा पर सेिाजनिृजत्त के

कारण खाता धारक को िोध्य कोई संिाय अजभप्रेत है और जिसके अंतगित िोध्य भजिष्य जनजध, सेिाजनिृजत्त या अजधिर्र्िता
या मृत्यु उपिान, पेंिन का संराजित मूल्य, छु ट्टी के समतुल्य नकि, िीिन बीमा स्ट्कीम से सहबद्ध समूह की बचत, िो
जनयोिक को सेिाजनिृजत्त पर संिेय है, कमिचारी कु टुंब पेंिन स्ट्कीम के अधीन सेिाजनिृजत्त-सह-आहरण फायिा और दकसी
स्ट्िैजछछक या दकसी जििेर् स्ट्िैजछछक सेिाजनिृजत्त स्ट्कीम के अधीन अनुग्रह राजि संिाय और यदि कमिचारी की कायि के
िौरान मृत्यु हुई है तो ‘‘सेिाजनिृजत्त फायिों’’ से ऐसे कमिचारी को उपरोि उजल्लजखत फायिें भी अजभप्रेत हैं, जिसकी कायि के
िौरान मृत्यु हुई है ।’’ ।
4. मूल स्ट्कीम के पैरा 5 के उपपैरा (7) के स्ट्थान पर जनम्नजलजखत उपपैरा रखा िाएगा, अथाित् :--
‘‘(7) पैरा 8 के उपपैरा (7) के अधीन पररपक्वता के पश्चात् जिस्ट्ताररत खाता की ििा में, ऐसे खाते में जनिेप
पररपक्वता की तारीख या जिस्ट्ताररत पररपक्वता की तारीख को, स्ट्कीम को लागू िर पर ब्याि अर्िित होगा ।’’।
5. मूल स्ट्कीम में, पैरा 6 के उपपैरा (1) के खंड (iii) के पश्चात् जनम्नजलजखत खंड अंत:स्ट्थाजपत दकया िाएगा, अथाित् :-
‘‘(iv) उपपैरा (2) में यथा उजल्लजखत जिस्ट्तारण तारीख से एक िर्ि की समाजप्त से पूिि खाता बंि दकया िाता है, तो
जनिेप के एक प्रजतित के बराबर की रकम की कटौती की िाएगी और अजतिेर् खाता धारक को संिाय दकया
िाएगा।’’।
6. मूल स्ट्कीम के पैरा (7) में,--
(क) उपपैरा (1) के स्ट्थान पर जनम्नजलजखत पैरा रखा िाएगा, अथाित् :--
‘‘(i) खाता खोलते समय दकए जनिेप का संिाय, खाता खुलिाने की तारीख से पांच िर्ि की समाजप्त को या प्रत्येक
तीन िर्ि की ब्लाक अिजध की समाजप्त के पश्चात् दकया िाएगा, िहां प्ररूप-3 में दकए गए आििेन पर खाता खोलने की
तारीख से पैरा 8 के अधीन खाते का जिस्ट्तार दकया गया था :
परं तु यह दक जिद्यमान खाता या खातों को बंि करने के पश्चात्, पैरा 4 के उपपैरा (1) में यथा उजल्लजखत
अजधकतम जनिेप सीमा की िति के अधीन रहते हुए जनिेपकताि द्वारा यथापेजित पुन: नया खाता या खाते खोले िा
सकें गे।’’;
(ख) उपपैरा (2) में, िूसरे परं तक

ु के स्ट्थान पर, जनम्नजलजखत परं तुक रखा िाएगा, अथाित् :--
‘‘परं तु यह और दक संयुि खाते की ििा में या िहां पजत-पत्नी एकल नामजनिेजिती हैं, िहां इस स्ट्कीम के अधीन
यथाजिजनर्ििि उन्हीं जनबंधनों और ितों पर लेखा कायािलय को आिेिन द्वारा खाते को पजत-पत्नी द्वारा िारी रखा
िा सके गा यदि यदि खाता धारक की मृत्यु की तारीख को स्ट्कीम के अधीन पात्रता ितों को पजत-पत्नी पूरी करता
हो ।’’।
7. मूल स्ट्कीम के पैरा 8 में,--
(क) उपपैरा (1) और उपपैरा (2) के स्ट्थान पर, जनम्नजलजखत पैरे रखे िाएंगे, अथाित् :--
‘‘(1) खाता धारक पररपक्वता की तारीख से एक िर्ि की अिजध के भीतर या तीन िर्ि की प्रत्येक ब्लाक अिजध के अंत
से, प्ररूप- 4 में कोई आिेिन करके तीन िर्ि की और ब्लाक अिजध के जलए खाते का जिस्ट्तार करा सके गा ।
(2) उपपैरा (1) के अधीन खाते का जिस्ट्तार, आििेन की तारीख पर जिचार दकए जबना पररपक्वता की तारीख से या
तीन िर्ि की प्रत्येक ब्लाक अिजध के अंत से, दकया गया समझा िाएगा ।’’;
(ख) उपपैरा (3) में, ‘‘एक बार’’ िब्िों के स्ट्थान पर, ‘‘तीन िर्ि की ब्लाक अिजध में’’ िब्ि रखे िाएंगे ।
[फा. सं. 1/4/2023-एनएस (पीटी)]
आिीर् िछछानी, अपर सजचि
रटप्पण : मूल स्ट्कीम, भारत के रािपत्र, असाधारण, भाग II, खंड 3, उपखंड (i) में सा.का.जन. 916(अ), तारीख 12
दिसंबर, 2019 द्वारा प्रकाजित की गई थी और तत्पश्चात् सा.का.जन. 287(अ), तारीख 5 मई, 2020,
सा.का.जन. 842(अ), तारीख 23 निंबर, 2022, सा.का.जन. 56(अ), तारीख 27 िनिरी, 2023, सा.का.जन.
240(अ), तारीख 31 माचि, 2023 और सा.का.जन. 326(अ), तारीख 27 अप्रैल, 2023 द्वारा संिोजधत की
गई।
MINISTRY OF FINANCE
NOTIFICATION
New Delhi, the 7th November, 2023
G.S.R. 829(E). — In exercise of the powers conferred by section 3A of the Government Savings Promotion
Act, 1873 (5 of 1873), the Central Government hereby makes the following Scheme to further amend the Senior
Citizen’s Savings Scheme, 2019, namely:—
1. (1) This Scheme may be called the Senior Citizen’s Savings (Fourth Amendment) Scheme, 2023.
2. In the Senior Citizen’s Savings Scheme, 2019 (herein after referred to as the Principal Scheme), in paragraph 3, in
sub-paragraph (1), for clause (ii) and the proviso, the following shall be substituted, namely:—
“(ii) who has attained the age of fifty-five years or more but less than sixty years, and who has retired on
superannuation or otherwise on the date of opening of an account under this Scheme, subject to the condition that the
account is opened by such individual within three months from the date of receipt of the retirement benefits and proof
of date of disbursal of such retirement benefits along with a certificate from the employer indicating the details of
retirement on superannuation or otherwise, retirement benefits or admissible financial assistance to an eligible
government employee who died in harness, employment held and period of such employment with the employer, is
attached with the application form:
Provided that the retired personnel of Defence Services (excluding Civilian Defence employees) shall be
eligible to open an account under this Scheme on attaining the age of fifty years subject to the fulfilment of other
specified conditions.
Provided further that the spouse of the government employee shall be allowed to open an account under this
Scheme, if the government employee who has attained the age of fifty years and has died in harness, subject to the
fulfilment of other specified conditions.
Explanation:— For the purposes of this proviso, the Government Employee includes all Central and State
Government employees eligible for retirement benefit or death compensation.”
3. In the Principal Scheme, in paragraph 4, for Explanation, the following Explanation shall be substituted,
namely:—
‘Explanation.— For the purposes of this sub-paragraph, “retirement benefits” means any payment due to the
account holder on account of retirement on superannuation or otherwise and includes Provident Fund dues, retirement
or superannuation or death gratuity, commuted value of pension, cash equivalent of leave, savings element of Group
Savings Linked Insurance Scheme payable by the employer on retirement, retirement-cum-withdrawal benefit under
the Employees’ Family Pension Scheme and ex-gratia payments under a voluntary or a special voluntary retirement
scheme and in case, if the employee died in harness, the “retirement benefits” shall also mean the above mentioned
benefits to employee who died in harness.’.
4. In the Principal Scheme, in paragraph 5, for sub-paragraph (7), the following sub-paragraph shall be substituted,
namely:—
“(7) In case of an account extended after maturity under sub-paragraph (1) of paragraph 8, the deposit in such
account shall earn interest at the rate applicable to the Scheme on the date of maturity or on the date of
extended maturity.”.
5. In the Principal Scheme, in paragraph 6, in sub-paragraph (1) after clause (iii), the following clause shall be
inserted, namely:—
“(iv) In case the account is closed before expiry of one year from the date of extension as mentioned in sub-
paragraph (2), an amount equal to one per cent. of the deposit shall be deducted and the balance shall be paid
to the account holder.”.
6. In the Principal Scheme, in paragraph 7,—
(a) for sub-paragraph (1), the following shall be substituted, namely:—
“(i) The deposit made at the time of opening of account shall be paid on or after the expiry of five years or
after the expiry of each block period of three years where account was extended under paragraph 8 from the date of
opening of account, on an application made in Form-3:
Provided that after closure of the existing account or accounts, new account or accounts may be opened again as
required by the depositor subject to the maximum deposit limit as mentioned in sub-paragraph (1) of paragraph 4.”;
(b) In sub-paragraph (2), for the second proviso, the following proviso shall be substituted, namely:—
“Provided further that in case of a joint account, or where the spouse is the sole nominee, the spouse may
continue the account by applying to the accounts office, on the same terms and conditions as specified under
this Scheme, if the spouse meets eligibility conditions under the Scheme on the date of death of the account
holder.”.
7. In the Principal Scheme, in paragraph 8,—
(a) For sub-paragraphs (1) and (2), the following sub-paragraphs shall be substituted, namely:—
“(1) The account holder may extend the account for a further block period of three years by making an
application in Form-4 within a period of one year from the date of maturity or from the date of end of each block
period of three years.
(2) The extension of the account under sub-paragraph (1) shall be deemed to have been made from the date
of maturity or from the date of end of each block period of three years, irrespective of the date of application.”;
(b) In sub-paragraph (3), for the words “only once”, the words “in block period of three years” shall be substituted.
[F. No. 1/4/2023-NS(Pt.)]
287 (E), dated the 5th May, 2020, G.S.R. 842(E), dated the 23rd November, 2022, G.S.R. 56(E), dated the 27th
January, 2023, G.S.R. 240 (E), dated the 31st March, 2023 and G.S.R. 326 (E), dated the 27th
April, 2023.
सा.का.जन. 830(अ)—कें द्रीय सरकार, सरकारी बचत संिधिन अजधजनयम, 1873 (1873 का 5) की धारा 3क
द्वारा प्रित्त िजियों का प्रयोग करते हुए, राष्ट्रीय बचत सािजध िमा स्ट्कीम, 2019 का और संिोधन करने के जलए
जनम्नजलजखत स्ट्कीम बनाती है, अथाित् :--
1. (1) इस स्ट्कीम का संजिप्त नाम राष्ट्रीय बचत सािजध िमा (चौथा संिोधन) स्ट्कीम, 2023 है ।
2. राष्ट्रीय बचत सािजध िमा स्ट्कीम, 2019 के पैरा 8 के स्ट्थान पर जनम्नजलजखत पैरा रखा िाएगा, अथाित् :--
‘‘8. पररपक्वतापूिि खाता बंि करना— जनम्नजलजखत ितों के अध्यधीन प्ररूप-4 में खाता धारक द्वारा आिेिन पर खाता को
पररपक्वतापूिि बंि दकया िाना अनुज्ञात होगा, अथाित् :--
(क) िमा करने की तारीख से छह मास के अिसान से पूिि कोई िमा आहररत नहीं की िाएगी ;
(ख) िहां एक िर्ीय, िो िर्ीय या तीन िर्ीय खाते में िमा, पररपक्वतापूिि छह मास के पश्चात् दकन्तु िमा करने
की तारीख से एक िर्ि की समाजप्त से पूिि आहररत की िाती है, तो खाता धारक को पूरे दकए गए मासों के
जलए डाकघर बचत खाता पर लागू िर से ब्याि िेय होगा ;
(ग) िहां एक िर्ीय, िो िर्ीय या तीन िर्ीय खाते में िमा पररपक्वतापूिि िमा करने की तारीख से एक िर्ि की
समाजप्त के पश्चात् आहररत की िाती है, िहां खाता धारक को ब्याि, िमा करने की तारीख पर आरं भ करके
आहरण की तारीख को समाप्त होकर पूरे दकए गए िर्ों तथा मासों के जलए दिए होगा और इस पर ब्याि
उस िर पर पररकजलत होगा िो, यथाजस्ट्थजत, एक िर्ीय या िो िर्ीय िमा के जलए जिजनर्ििि िर की तुलना
में िो प्रजतित कम होगा और पूरा दकए गए िर्ि के जलए ब्याि, पैरा 7 के उपबंधों के अनुसार जतमाही रूप
से चक्रिृजद्ध आधार पर पररकजलत होगा तथा िर्ि के दकसी एक भाग के जलए ब्याि, उपपैरा (ख) के उपबंधों
के आधार पर िेय होगा ;
(घ) िहां पांच िर्ीय िमा खाता, खाता खोलने की तारीख से चार िर्ि के पश्चात् बंि कर दिया िाता है, तो
डाकघर बचत खाता पर लागू िर से ब्याि िेय होगा ; और
(ङ) पैरा के अधीन िमा पर पहले ही संित्त कोई ब्याि, इस पैरा के अधीन प्रजतिेय िमा रकम और िेय ब्याि से
िसूल दकया िाएगा ।
दिसंबर, 2019 द्वारा प्रकाजित की गई थी और तत्पश्चात् सा.का.जन. 289(अ), तारीख 9 मई, 2020,
सा.का.जन. 838(अ), तारीख 22 निंबर, 2022, सा.का.जन. 53(अ), तारीख 27 िनिरी, 2023, सा.का.जन.
327(अ), तारीख 27 अप्रैल, 2023 और सा.का.जन. 620(अ), तारीख 23 अगस्ट्त, 2023 द्वरा संिोजधत की
गई ।
NOTIFICATION
G.S.R. 830(E). — In exercise of the powers conferred by section 3A of the Government Savings Promotion
Act, 1873 (5 of 1873), the Central Government hereby makes the following Scheme to further amend the National
Savings Time Deposit Scheme, 2019, namely:—
1. (1) This Scheme may be called the National Savings Time Deposit (Fourth Amendment) Scheme, 2023.
2. In the National Savings Time Deposit Scheme, 2019, for paragraph 8, the following paragraph shall be
substituted, namely:—
“8. Premature closure of account.- Premature closure of an account shall be allowed on an application by the
account holder in Form-4, subject to the following conditions, namely:—
(a) no deposit shall be withdrawn before the expiry of six months from the date of deposit;
(b) where a deposit in a one-year, two-year or three-year account is withdrawn prematurely after six
months, but before the expiry of one year from the date of deposit, interest shall be payable to the
account holder at the rate applicable to Post Office Savings Account for the completed months;
(c) where a deposit in a two-year or three-year account is withdrawn prematurely after the expiry of one
year from the date of deposit, interest on such deposit shall be payable to the account holder for the
completed years and months, commencing on the date of deposit and ending with the date of
withdrawal, and such interest shall be calculated at the rate which shall be less by two per cent. points
than the rate specified for a deposit of one-year or two-year, as the case may be, and interest for the
completed year shall be calculated on quarterly compounding basis in accordance with the provisions
of paragraph 7, and for any part of a year, interest shall be payable as per the provisions of sub-
paragraph (b);
(d) Where a deposit in a five -year account is withdrawn prematurely after four years from the date of
opening of account, interest shall be payable at the rate applicable to Post Office Savings Account; and
(e) any interest already paid on the deposit under paragraph 7 shall be recovered from the amount of
repayment of deposit and the interest payable under this paragraph.”.
[F. No. 1/4/2023-NS(Pt.)]
Note :The Principal Scheme was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i),
289(E), dated the 9th May, 2020, G.S.R. 838(E), dated the 22nd November, 2022, G.S.R. 53(E), dated the 27th
January, 2023, G.S.R. 327(E), dated the 27th April, 2023 and G.S.R. 620(E), dated the 23rd August, 2023.
सा.का.जन. 831(अ).—कें द्रीय सरकार, सरकारी बचत संिधिन अजधजनयम, 1873 (1873 का 5) की धारा 3क
द्वारा प्रित्त िजियों का प्रयोग करते हुए, लोक भजिष्य जनजध स्ट्कीम, 2019 का और संिोधन करने के जलए जनम्नजलजखत
स्ट्कीम बनाती है, अथाित् :--
1. (1) इस स्ट्कीम का संजिप्त नाम लोक भजिष्य जनजध (संिोधन) स्ट्कीम, 2023 है ।
2. लोक भजिष्य जनजध स्ट्कीम, 2019 के पैरा 13 के िूसरे परं तुक में, ‘‘या खाते के जिस्ट्तार की तारीख से’’ िब्िों के स्ट्थान
पर, ‘‘चालू पांच िर्ीय ब्लाक अिजध के प्रारं भ की तारीख से’’ िब्ि रखे िाएंगे ।
दिसंबर, 2019 द्वारा प्रकाजित की गई थी और तत्पश्चात् सा.का.जन. 290 (अ), तारीख 5 मई, 2020 द्वारा
संिोजधत की गई ।
NOTIFICATION
Act, 1873 (5 of 1873), the Central Government hereby makes the following Scheme to further amend the Public
Provident Fund Scheme, 2019, namely: —
1. (1) This Scheme may be called the Public Provident Fund (Amendment) Scheme, 2023.
2. In the Public Provident Fund Scheme, 2019, in paragraph 13, in the second proviso, for the words “or the date of
extension of the account”, the words “or from the date of commencement of the current block period of five years”
shall be substituted.
[F. No. 1/4/2023-NS(Pt.)]
Note : The Principal Scheme was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-
section (i) vide number G. S. R. 915(E) dated the 12th December, 2019 and subsequently amended
vide number G.S.R. 290(E) dated the 5th May, 2020.
and Published by the Controller of Publications, Delhi-110054. MANOJ KUMAR
Digitally signed by
MANOJ KUMAR VERMA
VERMA Date: 2023.11.09 22:46:38
+05'30'
SB Order No.2212023
F. No ll3-0312017-SB(Pt.1)
Government of India
Department of Posts

Dated: 29.1,1.2023
Corrisendum / Clarification
To
Subiect: Circulation of amendments in Senior Citizen's Savings Scheme, 2023,

National Savings Time Deposit Scheme, 2019 and Public Provident Fund
2019-
Madam / Sir,
This has the reference to the SB Order No. 2212023 dated 14.11 .2023 issued in
connection with the amendments in Senior Citizen's Savings Scheme, 2}23,National Savings
Time Deposit Scheme, 2019 and Public Provident Fund Scheme, 2019.
Corrigendum
In the said order, in point (2) of the table in para 4 related to Senior Citizen's Savings
Scheme, lif$-Jive years'may be read as 'Iifty years'.
Clarification
This office was in receipt of many references regarding applicability ofrules amended
in connection with the premature closure of 5-year TD accounts which have already been
opened before issue of notification G.S.R.830(E) dated 07.11.2023.
2. Hence, clarifications were sought from Department of Economic Affairs (DEA),

Ministry of Finance (MoF) regarding applicability of amended rules. DEA, MoF in OM No.
11412023-NS(PI.) dated 28.11.2023 clarified that the amendments related to SCSS and PPF
will be applicable to both existing account holders and new account holders, whereas, the
amendments in National Savings Time Deposit Scheme will be applicable only to new
account holders.
Page 1 of 2
3. Accordingly, it is clarified that all the existing SCSS accounts can be extended in
accordance with the provisions in the amendment issued vide notification G.S.R.829(E) dated
07.11.2023 and the existing 5-year TD accounts which have been opened before 10.11.2023
can be prematurely closed after six months in accordance with the rules under which they
have been opened. However, S-year TD accounts opened on or after 10.11.2023 can be
prematurely closed in accordance with the amendments issued vide notification G.S.R.830(E)
dated 07 .11.2023.
4. A copy of DEA, MoF's OM No. l/4/2023-NS(Pt.) dated 28.11.2023 is attached

herewith for reference.
5. It is requested to circulate it to all concemed for information, guidance, and necessary

actions.
Encl: As Above.
ours faithtully
(r
Assistant (sB-r)
Copy to: -

3. PPS/ PStoAddl. DG (Co-ordination)/Member (Banking)/Member (O)/Ir4ember (P)/
Member (Planning & HRD)/Member (Pll)/tuIember (Tech)/AS & FA
5. Chief General ManageE BD Directorate / Parcel Directorate / PLI Directorate / CEPT
7. Director, RAKNPA / Directors of all PTCs
8. Director General P & T (Audit), Civil Lines. New Delhi
9. Secretary. Postal Services Board / All Deputy Directors General
I1. The Under Secretary, MOF (DEA), NS-II Section, North Block, New Delhi.
I 3. All recognized Federations / l]nions / Associations
14. Deputy Director (OL) for information and Hindi Translation of SB
1 5. Guard File/e-File.
Page 2 of 2
F. No. V4l2023-NS(Pt.)
Governmerrt of lndia
Ministry of Finance
Departrnrnt of Ecenamic Affairs
{Budget Divls,ion)
North Block, Ner,v Delhi

Date: 28th November, 2023
OTFICE MEMORANDUM
Subiec* Clarification on applicability of amended rules . reg.
Please refer to DOP I1) No. 113*03/2017-SB(PI.1) dated 24.11,2A23 on thc

subject cited al.lovc. This l)epartm*:rt lras issued a notiticati*rr riated 07.11.20?3 with
re$pect to amendments in 5t' i, PIll; hlS'l D schcmes. In this rcgrlrd, it is t lariiied
"rnr-l
that the amerrdments in ffS.S and PPF will be applicable to bcith existing account
holders and to n€rtr accuunt h*:lder,s, lthereas, the amentlments in N.rtional Savings
'Iime Deposit Scheme r+'iLl be applicable only to new account holders.
n 'i his has the approval of tlre cornpetent authoritv.
\,
1i'qil[.r,,r
(Parveen Jain)
Assistant Director {Budget)
Tele. No. 01"1-23095155
To
The Assistant Director (SB-1)

FS Division
Department of Posts
Mirristry af Cornmunications
Dak Bhawan, New Delhi
Copy tor
The Joirtt Director, National Savings Institute, New f)elhi fsr circulation to allthe
agency banks.
F. No lI3-03 12017-SB(Pt. 1)
Government of India
Department of Posts
Dated: 29.12.2023
To
Revision of interest rates for Small Schemes w.e.f. 01.01.2024
Madam / Sir,
The undersigned is directed to say that, vide memorandum No. ll4l20l9-NS dated
29.12.2023 (copy enclosed), Government of India, Ministry of Finance, Department of
Economic Affairs (Budget Division) has informed that the rate of interest on various Small
Savings Schemes (National Savings Schemes) for the fourth quarter of financial year 2023-24
(starting from l't Januaryr 2024 and. ending on 31't March, 2024) have been revised as
under.
sl. Instrument / Scheme Rate of Interest Rate of Interest

No. from 01 .10.2023 from 01.01 .2024
to 31.12.2023 to 31.01.2024
1 Post Office Savings Account 4.0 4.0
) 1 Year Time Deposit 6.9 6.9
J 2Year Time Deposit 7.0 7.0
4. 3 Year Time Denosit 7.0 7.1
6 5 Year Recturing Deposit 6.7 6.7
7 Senior Citizen Savings Scheme 8.2 8.2
8. Monthly Income Account Scheme 7.4 7.4
9. Sukanya Samriddhi Account Scheme 8.0 8.2
10. Public Provident Fund Scheme 7.1 7.1
11. National Savings Certifi cate 7.7 7.7
t2. Kisan Vikas Patra 7.5 7.5
(will mature in (will mature in
115 months) 115 months)
2. It is requested to circulate it to all concemed for information and necessary guidance.

Same may also be placed on the notice board of all Post Offices in public area. The relevant
calculation tables, if any, will be supplied in due course on receipt from the DEA/lr4oF.

CopY to: -

3. PPS/ PS to Addl. DG (Co-ordination)/Member (Banking)/I4ember (O)/Member (P)/
Member (Planning & HRD)/Member (Pl-l)/lvlember (Tech)/AS & FA
5. Chief General Manager, BD Directorate / Parcel Directorate / PLI Directorate / CEPT
7. Director, RAKNPA / Directors of all PTCs
10. AII General Managers (Finance) / Directors Postal Accounts / DDAP
I 1. The Under Secretary, MOF (DEA), NS-II Section, North Block, New Delhi.
t Director (SB-I)
F.No.!a/2019-NS
Government of India
Ministry of Finance
Department of Economic Affairs
(Budget Division)
North Block, New Delhi
Dated: 29.72.2023
OFFICE MEMORANDUM
Subjech Revision of Interest Rates for Small Savings Schemes - reg.
The rates of interest on various Small Savings Schemes for the fourth quarter of financial year 2023-24 starting
from 1't |anuary, 2024 and ending on 31't March, 2024have been revised as detailed below:
Rates of interest from Rates of interest from

Instrument
01.10.2023 to 31.12.2023 01.01.2024 to 31,.03.2024
Savings Deposit 4.0 4.0
1 Year Time Deposit 6.9 6.9
ZYear Time Deposit 7.0 7.0
5 Year Recurring Deposit 6.7 6.7
Senior Citizen Savings Scheme 8.2 8.2
Monthly Income Account Scheme 7.4 7.4
National Savings Certificate 7.7 7.7
Public Provident Fund Scheme 7.7 7.1
7.5 (will mature in 115 7.5 (will mature in 115
Kisan Vikas Patra
months) months)
Sukanya Samriddhi Account
8.0 8.2
Scheme
2. This has the approval of competent authority
(Kapil P #il,ri l"s

Deputy Secretary (Budget)
Tele - 01123092649
To,
7. The Finance Secretary & Secretary 2. The Secretary,

Expenditure, Department of Expenditure Deparknent of Economic Affairs
North Block, New Delhi. North Block, New Delhi.
3. The Secretary, 4. The Secretary,

Department of Revenue Department of Financial Services
North Block, New Delhi. Jeevan Deep Building, New Delhi.
5. The Secretary, 6. The Chief General Manager (DGBA)

Department of Posts Reserve Bank of India, Central Office,
Dak Bhawan, New Delhi. Mumbai.
7. Reserve Bank of India 8. Chief Secretaries of States / UT

Central Account Sectioru Additional Office Government
Building, East High Court Road, Civil Lines,
P.B. No.15, Nagpur - 440 001.
9. The |oint Director

National Savings Institute, New Delhi.

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SB Order No.

Dak Bhawan New Delhi-110001

All Head of Circles/Regions,

Subject: - Regarding quick settlement of deceased claim cases of National

This is with reference to SB Order No. 31/2020 dated 28/08/2020, Addendum to

3. It is emphasized that the procedures prescribed in SB Order No. 31/2020 and

(b) If signature of witnesses is available on copy of the KYC documents, physical

(c) The claimant(s) should be sensitized to provide his/her Bank Account/PO

This issues with the approval of the competent authority.

1. Sr. PPS to Secretary (Posts)

2. PS to Director General Postal Services.

3. PPS/ PS to Addl. DG (Co-ordination)/Member (Banking)/ Member (O)/ Member

5. Chief General Manager, BD Directorate / Parcel Directorate / PLI Directorate

8. Director General P & T (Audit), Civil Lines, New Delhi

9. Secretary, Postal Services Board/ All Deputy Directors General

10. All General Managers (Finance) / Directors Postal Accounts / DDAP

11. Chief Engineer (Civil), Postal Directorate

12. All Sections of Postal Directorate

13. All recognized Federations / Unions/ Associations

15. MOF(DEA), NS-II, North Block, New Delhi.

Dak Bhawan, New Delhi' 110001

2. In connection with the revision of interest w.e.f. 01.01.2023, the undersigned is

(il. G.S.R. 62(E) Kisan Vikas Patra (Amendment) Scheme, 2023

3. This is issued with the approval of Competent Authority.

1. Sr. PPS to Secretary (Posts)

Asst ctor (SB-I)

625 GI/2023 (1)

3. In the said Scheme, in paragraph 6, in sub-paragraph (3),-

after 1st day of January, 2023 under the Scheme.

[F. No. 1/04/2016-NS]

(b) after TABLE-2, the following TABLE shall be inserted, namely:-

[F. No. 1/04/2016-NS]

the rate of 8.0 per cent. per annu

Dak Bhawan, New Delhi - I10001

Subject: Deployment of functionality in Finacle CBS for SSA Withdrawal

(2). The application for withdrawal shall be accompanied by documentary

Provided that the amount of withdrawal shall be restricted to the actual

(iD. Counter PA in Finacle

. Shall invoke CPWTM menu

5. This is issued with the approval of competent authority.

l. Sr. PPS to Secretary (Posts)

Dak Bhawan, New Delhi - 110001

All Head of Circles / Regions

subiect: clarification on premature closure ofNSC account pledged in favour of

3. In response, Department of Economic Affairs, Ministry of Finance in OM No.

5. This is issued with the approval of competent authority.

l. Sr. PPS to Secrerary (Posts)

12. All recognized Federations / Unions / Associations

Noth Block, New Delhi

Sub: Clarification on premature closure of NSC account pledged in favour of banks -

The undersigned is directed to refer to DoP ID No.FS-10/17/2020-FS dated

Dak Bhawan, New Delhi – 110001

All Head of Circles / Regions

Subject: Introduction of new scheme, “Mahila Samman Savings Certificate, 2023”

The Ministry of Finance (DEA) has issued notification G.S.R.

2. Mahila Samman Savings Certificates, 2023 (MSSC): - Salient Features

(a) Type of Account

(d) Withdrawal from account

(e) Payment on Maturity

(f) Premature closure of account

डाकघर/बैंक का नाम_ तारीख ______

Name of Post Office/Bank________ Date_