Monday, May 16, 2011

Appointment of agents and other agency functions- issue of clarifications regarding [AGENTS]


SB ORDER NO. 05/2011


F.No.116-35/2009-SB
Government of India
Ministry of Communications & IT
Department of Posts
Dak Bhawan, Sansad Marg,
New Delhi-110001, Dated: 21.04.2011

To

All Heads of Circles/Regions
Addl. Director General, APS, New Delhi.

Subject:-Appointment of agents and other agency functions- issue of clarifications regarding

Sir / Madam,
The undersigned is directed to refer to this office letter of even number dated 11.3.2011 (SB Order No.3/2011) vide which some instructions on the subject were circulated. This office is receiving references from agents as well as circles on issue of clarifications on few issues which are being clarified below:-


Sl.No. Issue raised Clarification
1 Whether the limit of acceptance of
Rs.10,000/- as cash from SAS
agents is also applicable to PPF
and MPKBY agents?
There are three types of agents i.e
SAS,MPKBY and PPF. The
instructions circulated are applicable to
SAS agents only. Therefore, it is not
applicable to MPKBY or PPF agents.
2 Whether the above limit is also
applicable in case of re-investment
through SAS agents?
In case of re-investment, no cash
handling is involved. In case of re
investment through agents, this limit is
not applicable.
3 Whether depositor can give cheque
from his/her post office savings
account for investment?
Yes. POSB cheque is also acceptable
for investment through agents.

2. This may kindly bring to the notice of all post offices for information and guidance.

3. This issues with the approval of DDG(FS).



Yours faithfully,

(Kawal Jit Singh)
Assistant Director (SB)
Copy to:-
I. DDG(FS)/DDG(VIG)/JS&FA/DDG(PAF)/DDG(RB)
II. Director (FS)/Director (CBS), Dak Bhawan.
III. Director of Audit (P&T), Delhi.
IV. All Directors/Dy. Directors of Accounts, Postal
V. Director, Postal Staff College, Ghaziabad.
VI. All Directors, Postal Training Centres.
VII.
Director CEPT, PTC Mysore for uploading the SB Order in Department’s Web Site.
VIII. A.D (Tech), SDC Chennai O/o CPMG T.N.Circle, Chennai.
IX. AD /Inspection/PF/Vigilance
X. All Accounts Officers ICO(SB)
XI. All recognized unions.
XII. PS to Member (T