DOPTECHSHALA

Sir/madam, This has a reference to proposal/requests received from  Deptt. of Posts, banks,  depositors and Agents Associations to waive default fee/revival fee applicable on NSRD/PPF/SSA accounts on non deposit of monthly/yearly deposit  and period of calculation/payment of interest on Small Savings Accounts due to the lock down situation in the country to contain spread of COVID19 infection. In this connection, it has been approved  by the Ministry of Finance (DEA) and conveyed vide email Dated 30.03.2020 that; A)   The subscribers of RD A/c/ SSA/ PPF A/c may deposit the mandated due amount, if any of Current FY  (2019-20) and April, 2020 (as the case may be) in their respective accounts till 30th June, 2020 and no penalty/ revival fee shall be charged. B)   The last day of the Current FY i.e. 31st March, 2020 shall be considered by the Operating Agencies for the purpose of calculation of interest payment on all Small Savings Scheme

Dear CPC Teams, Please find attached instructions on EOY 2020 circulated by FS Division, Directorate. In continuation of Directorate instructions, please circulate following points to all Post Offices for strict compliance to help us in ensuring timely completion of End Of Year (EOY) activities. INSTRUCTIONS TO POST OFFICES : 1. All the Post offices should complete day-to-day activities including generation of reports, and submit HISCOD by 1800 hrs on 31-03-2020. Post offices should plan their operational activities well in advance for completing activities within the mentioned timelines. Head Post Offices designated for clearing operations will submit HISCOD only on completion of all transactions and closure of all clearing zones. 2. After submission of HISCOD on 31.03.2020, User IDs and transaction menus will be disabled for PO users. After HISCOD submission is done at a SOL, users of that SOL will not be able to do any further transactions till completion of EOY activit

All the Post Offices (HOs, SOs & BOs), RMS Offices and Administrative Offices made functional at the earliest. The officers and officials are expected to rise to the occasion. Public facilities like deposit & Withdrawal of SB Schems, Payment through IPPB, AePS, booking and delivery of Parcels, delivery of money orders et., need to be ensured under all condition.

Sir/Madam  In view of on going EOY (End of the Year Activities) on 01st and 2nd April 2020, All Savings Bank related business/counter transactions will not be allowed across the counters. However, customers can use the following facilities for transacting in Post Office accounts: 1.)  ATMs : a. For cash withdrawal from any ATM b. Fund transfer from one POSB account to another POSB account in DoP ATMs. 2.)  Internet Banking : a. For funding their own accounts like RD, PPF and SSA accounts b. Fund transfer from one POSB to another POSB account. c. Opening of RD and TD accounts d. Closing of RD and TD accounts e. Stop Cheque facility 3.)  Mobile Banking : a. For funding their accounts like RD and PPF accounts b. Fund transfer from one POSB to another POSB account. c. Opening of RD and TD accounts d. Stop Cheque facility 4.)  IPPB Mobile App : a. Can Deposit to any RD, PPF, TD and SSA from IPPB mobile app. ✓ Det

Its not financial year extension, Its stamp duty act modified. e-stamp compulsory from 1.7.2020 instead of 1.4.2020 The government has not changed the beginning of its financial year from April 1 to July 1 -- as is being claimed by some social media posts -- the Centre clarified today. The beginning of the fiscal year (2020-21) would begin normally on April 1. The government's clarification after a Gazette notification, which pertained to a change in dates for collection of stamp duties, was doing the rounds in some circles. "This notification pertains to some changes in Indian Stamp Act where stamp duty on security market instruments shall be collected through stock exchanges and depositories. This was to get implemented from 1.4.2020 but is now pushed to 1.7.2020 due to current situation," said a government official. The buzz around the extension of the current financial year also comes amid requests from certain quarters of the industry, which h

Dear Sir/Madam, I am directed to convey the following Due to COVID 19 lockdown, we received several mails from circle on acceptance of SAS/MPKBY agent transactions in nearby offices which are functioning. Necessary changes have been made in Menu : HDSAMM Change of SOL ID of the agent to HO SET or Circle SET depending on the situation in the circle. Once the parent sol id is changed to SET ID, transactions can be accepted in any post office as approved by Circle/Division. Agent reports will also be generated in the sol where the transaction is accepted for accounting the same. It is also informed that it is the responsibility of the concerned PO Change the SET ID to SOL ID once the lockdown restrictions are removed. This has the approval of DDG FS sir. Thanks and Regards Gopinath S Inspector Posts Data Migration Command Centre(CBS) Chennai 600 002 9962067155

Dear Sir/Madam, I am directed to convey the following This is regarding credit of PPF/SSA cheques which have been cleared but not credited into the accounts. We are receiving several mails from Circles on the above. CPCs are requested to kindly guide the HOs to post these PPF/SSA cheques of both HO and SOs wherever possible before 31/03/2020. However POs will be able to deposit/open new accounts with allowed number of back value days by changing the correct value date while performing transaction. We have already circulated instructions on acceptance of MPKBY/SAS transactions attached to SOs in nearby HOs by changing SOL ID to SET ID in HDSAMM menu. Please revert in case of any clarifications. Thanks and Regards Gopinath S Inspector Posts Data Migration Command Centre(CBS) Chennai 600 002 EOY Related Useful Posts

EOY Related Useful Posts

Post Office on Wheels at Trivandrum, Kerala Circle today to provide basic postal services. It will travel to different parts of the Division to provide basic services for SB schemes, PLI/RPLI premium payments, booking of mail and e-MOs, etc.

The Union Finance & Corporate Affairs Minister Smt. Niramla Sitharaman today announced  Rs 1.70 Lakh Crore relief package under Pradhan Mantri Garib Kalyan Yojana for the poor to help them fight the battle against Corona Virus . While addressing the press conference here today, Smt. Sitharaman said “Today’s measures are intended at reaching out to the poorest of the poor, with food and money in hands, so that they do not face difficulties in buying essential supplies and meeting essential needs.” The Minister of State for Finance & Corporate Affairs Shri Anurag Singh Thakur was also present besides Shri Atanu Chakraborty, Secretary, Department of Economic Affairs and Shri Debashish Panda, Secretary, Department of Financial Services.  Following are the components of the Pradhan Mantri Garib Kalyan Package: — PRADHAN MANTRI GARIB KALYAN PACKAGE I. Insurance scheme for health workers fighting COVID-19 in Government Hospitals and Health Care Centres Safai karamcharis, w

Dear Sir/Madam, I am directed to convey the following Please refer trail mail sent on 14/02/2020 requesting CPCs to instruct POs to complete the pending verifications in SBA type of accounts to ensure that the Annual Interest is posted in all accounts. CPCs are aware that Interest will not get posted in the accounts if any verification is pending in these accounts. Inspite of clear instructions, there seems to be no major improvement in clearing verification of pendencies. Non posting of interest may result in public complaints which will increase work load in all levels. Approx 18000 ACCOUNTS where verification is pending. CPCs are requested to kindly coordinate with Post offices wherever possible to clear the pending verifications immediately to ensure that annual interest is posted in these accounts. PLEASE TREAT THIS AS URGENT.   Thanks and Regards Gopinath S Inspector Posts Data Migration Command Centre(CBS) Chennai 600 002 In This Regards Read Our Previous Useful Post