POSTAL BLOG
(I). Amendments in Senior Citizens’ Savings Scheme, 2019. (a). New rules inserted in Senior Citizens’ Savings Scheme, 2019. Sl. No. Rule No. after which new provision inserted New Provision 1. Rule 6 ( 1), clause (iii) (iv) In case the account is closed before expiry of one year from the date of extension as mentioned in sub-paragraph (2), … Read more
(II). Amendments in National Savings Time Deposit Scheme, 2019 Sl. No. Rule No. Existing Provision Amended Provision 1. Rule 8 Premature closure of account.- Premature closure of an account shall be allowed on an application by the account holder m Form-4, subject to the following conditions, namely:- Premature closure of account. Premature closure of an account … Read more
Amendments in Public Provident Fund Scheme, 2019 Click Here to view SB Order 22/2023 Sl. No. Rule No. Existing Provision Amended Provision 1. Rule 13 in the second provisio Provided further that on such premature closure, interest in the account shall be allowed at a rate which shall be lower by one percent. than the rate at which interest has … Read more
Important changes in SCSS & TD scheme features – as per SB Order 22/2023 Senior Citizens’ Savings Scheme l. Investments through retirement benefits can be made within three months from the date of retirement benefits. 2. Spouse of the retired Government employees whose age is fifty five years and died in harness, can invest in the scheme irrespective of age, subject to other conditions. 3. … Read more
SB Order 19-2023 – Revision of Interest Rates – Addendum dtd 10.11.2023 Gazette Download PDF
SB Order 22/2023 – Circulation of Amendments in SCSS 2023, TD Schemes 2019, PPF 2019 -reg Download SB Order PDF (15pages) Download Gazette PDF
Senior Citizen’s Savings & Time Deposits (Fourth Amendment) Scheme, 2023 – Gazette dtd 07.11.2023 Download PDF MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 7th November, 2023 G.S.R. 829(E). — In exercise of the powers conferred by section 3A of the Government Savings Promotion Act, 1873 (5 of 1873), the Central Government hereby … Read more
Implementation of facility of resetting of password through One Time Password (OTP) in RD Agent Portal and mandatory requirement of mobile number of MPKBY Agents & PRSG Leaders
Important changes in SCSS & TD scheme features – as per SB Order 22/2023 Senior Citizens’ Savings Scheme l. Investments through retirement benefits can be made within three months from the date of retirement benefits. 2. Spouse of the retired Government employees whose age is fifty five years and died in harness, can invest in the scheme irrespective of age, subject to other conditions. 3. … Read more