Wednesday, August 19, 2015

Enhancement in cash handling limit of Authorized Agents of Small Savings Schemes [Clarification]

This office is receiving references from field units seeking clarification as to whether the enhancement of cash handling limit conveyed vide this Office SB Order No.08/2015 dated 10.07.20t5 is applicable to both SAS and MPKBY agents.

2. In the said SB Order, it is mentioned that cash handling limit by the authorized agents of Small Savings Schemes is modified and increased from Rs 10000/- to Rs 20000/- on behalf of depositor.

3. It is therefore clarified that increased of cash handling limit is applicable to authorized agents i,e. SAS and MPKBY agents,

4. This issues with the approval of Competent Authority

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