SB order 08/2015 | Enhancement In Cash handling limit of authorized agents of Small Savings Scheme

SB Order No 08/2015

F.No.113-01/2011-SB(Vol.III)

Government of India

Ministry of Communications & IT

Department of Posts

Dak Bhawan, Sansad Marg,

New Delhi-110001, dated 10.07.2020

To

All Heads of Circles/Regions

Addl. director general, APS, New Delhi

Subject : Enhancement in cash handling limit of authroized 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 schemes and commission in respect of Kisan Vikas Patra Schemes

2. Ministry of Finance (DEA) vide its OM F.No2/4/2014-NS.II dated 01.07.2015 has modified the cash handling limit by authorized agents of Small Saving scheme increased it from Rs.10000/- to Rs.20000/- on behalf of depositor.

3. The agents commission in respect of KVP Scheme is also enhanced from 0.5% to 1% vide aforesaid OM dated 01.07.2015 and date of effect has been notified vide OM of even number dated 10.07.2015 giving effective date of enhancement of commission form 15.07.2015.

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

5. This issues with the approval of competent authority