Enhancement in cash handling limit of authorized agents of Small Savings Scheme and commission to Kisan Vikas Patra Scheme

Enhancement in cash handling limit of authorized agents of Small Savings Scheme and commission to Kisan Vikas Patra Scheme

SB ORDER NO. 08/2015

F.No.113-01/2011-SB (Vol.11)
Government of India
Ministry of Communications & IT
Department of Posts

Dak Bhawan, Sansad Marg,
New Delhi-110001,
Dated: 10.07.2015

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

Subject: – Enhancement in cash handling limit of authorized agents of Small Savings Scheme and commission to Kisan Vikas Patra Scheme — reg.

Sir / Madam,

The undersigned is directed to convey the decision of the Min. of Finance (DEA) for enhancement of cash handling limit of authorized agents of Small Savings Scheme and commission in respect of Kisan Vikas Patra Scheme.

2. Ministry of Finance (DEA) vide its O.M. F. No. 2/4/2014-NS.II dated 01.07.2015 has modified the cash handling limit by authorited agents of Small Savings Scheme and increased it from Rs 10000/- to Rs 20000/- on behalf of depositer,

3. The agent’s commission in respect of Kisan Vikas Patra Scheme is also enhanced from 0.5% to 1% vide aforesaid O.M. dated 01.07.2015 and the date of effect has been notified vide O.M. of even number dated 10.07.2015 giving effective date of enchancment of commission from 15.07.2015.

4. It is requested to circulate the above instructions to all field units and ensure that the instruction is strictly followed.

5. This issues with the approval of Competent Authority.

Yours faithfully,

sd/-

(L.K. Sinha)
Assistant Director General (FS-I)

Source: http://www.indiapost.gov.in/