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Showing posts with the label SB ORDERS

Budget 2022_ Interoperability between Post office and Banks

Hope u all know, Today (01.02.2022) Honourable  Finance Minister Mrs.Nirmala sitharaman has presented paperless Budget 2022.  Refer Budget Speech  PAGE NO:3  Point 60 Anytime – Anywhere Post Office Savings 60 . In 2022, 100 per cent of 1.5 lakh post offices will come on the core  banking system enabling financial inclusion and access to accounts through net banking, mobile banking, ATMs, and also provide online transfer of  funds between post office accounts and bank accounts. This will be helpful,  especially for farmers and senior citizens in rural areas, enabling inter- operability and financial inclusion 1.To know about  key features of Budget  2022 ( click here ) 2. To download Complete Budget speech ( click here ) 3. To know more about  Mobile and Internet Banking activation click here Note : As expected, Middle class people don't get any additional Tax benefits since No Tax slab is revised in this budget also.  Pinkode Team...

How to Pay Premium for PLI/RPLI through DOP ATM w.e.f 22.07.2021

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As we all know, DOP has installed ATM machine at selected HOs/SOs . Further ATM/Debit card is also being supplied to their POSB customers. 1.As per order DTD 26.08.2021, PLI/RPLI premium can be paid through DOP through ATM with DOP debit cards only. 2.Standard Operating Procedure for paying PLI / RPLI renewal premium through DoP ATM is attached herewith for reference ( click here ) Pinkode Team

Deduction/Non-deduction of TDS in SCSS accounts in post offices_SB ORDER 37/2021

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1. Reference is invited to this office even letter no. dated 15.09.2021, in which the  detailed guidelines were issued for configuration of TDS related parameters in Finacle  in respect of SCSS accounts.     2. This office is receiving representations from the SCSS account holder(s) that  TDS amount has been deducted from their interest payments even after submission of  form 15G/15H for the current Financial Year.   3. I am directed to say that Circles should take necessary action for  configuration of TDS/Form 15G/15H/NOPAN status in all SCSS accounts and CIFs.  4. The updated guidelines are again reiterated in respect of configuration of  TDS/15G_15H/No PAN in respect of Senior Citizens Savings Scheme (SCSS) accounts  in Finacle for necessary action: - - i. Whenever the SCSS account holder submits form 15G/15H, the concerned  post office shall ensure that the details in customers CIF and SCSS account as  presc...

India Post Payment(IPPB)_Savings Account interest Rate is reduced from 2.50% --->> 2.25% w.e.f 01.02.2022

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  India Post Payment(IPPB)_Savings Account interest Rate is reduced from 2.50%  --->> 2.25% w.e.f 01.02.2022. Pinkode Team

SB Order 02/2022_ Introduction of online PAN verification functionality in Finacle CBS System - Reg

As per SB Order 02/2022 , Online PAN Validational functionality is introduced in Finacle w.e.f 25.01.2022   For SOP and SB order click the link below. Download PDF Pinkode Team

SB ORDERS 2006-2020

               SB ORDERS 2006-2020 Dear all,              The consolidated POSB orders(2006-2020) is shared herewith for your reference. Kindly make use of this to become updated with rulings and orders. 1.          2006-2015             ( DOWNLOAD ) 2.          2016                      ( DOWNLOAD ) 3.          2017-2019              ( DOWNLOAD ) 4.          2020                       ( DOWNLOAD ), ( DOWNLOAD ) Updated on 20.12.2020 Regards PINKODE TEAM