Thursday, 17 October 2024

Fees particular for Post Office Savings Bank Services

 Fees particular for Post Office Savings Bank Services

        At present various fees /charges which are collected for National Savings Schemes are collected under UCR either through POS module or manually. Provisions for collecting the fees/charges are now made available in Finacle.

       The detailed process for collection of various fee/charges in Finacle as prescribed in Schedule-II of 'Government Savings Promotion General Rules" 2018 is as under: -

GSPR 2018:

 

Sl.No

Nature of Fee/Charge

Amount (Rs.)

GST %

Manual/ Automated

1

Issue of duplicate pass book.

50

18%

Manual

2

Issue of statement of account or deposit receipt (each case)

20

18%

Manual

3

Issue of pass book in lieu of lost or mutilated certificate (per registration)

10

18%

Manual

4

Cancellation or change of nomination

50

18%

Manual

5

Transfer of account / Certificate

100

18%

Manual

6

Pledging of account / Certificate

( No fee for Pledge releasing)

100

18%

Manual

7

Issue of cheque book in Savings Bank Account - No fee for upto 10 leaves in a calendar year and thereafter at Rs. 2 per cheque leaf

2

18%

Automated

8

Charges for dishonour of cheque

100

18%

Automated for Inward /Outward Reject and Manual for Outward Reject for cheques lodged in office account 0382


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