The undersigned is directed to say that after issue of SB Order No.29/2011 dated 24.0l .2011, this office has been receiving number of references on admissibility of commission on deposits in PO'|D account to GDSBPMS. In this regard, it is clarified that there is no change in the commission structure for GDSBPMs circulated vide this office letter No. 48-2l88-SB dated 21 .02. 1989
The rate of commission to be paid to the GDSBPMs on opening of new 112/315 year TD accounts subject to the condition that accounts are opened directly at EDBO and not through any authorized agent are given below:-
2. It is also reiterated that no commission is payable on TD re-deposits made under Rule 6(3) of POTD Rules 1981 with retrospective date.
This may kindly brought to the notice of all post offices.
