Shri B. V. Sudhakar is our new Director General




CHQ CONGRATULATE THE DYNAMIC OFFICER AND WISHES BEST LUCK FOR NEW ASSIGNMENT. 
Shri B. V. Sudhakar 








Superannuation Retirement

Shri K S Narayane, Superintendent, Postal Stores Depot, Nagpur Region is retiring from Government Service on Superannuation on 31.07.2016.


This Association Wishes him a very Happy and Healthy Retired Life 

Central Civil Services (Revised Pay) Rules, 2016.

Central Civil Services (Revised Pay) Rules, 2016.

To view,please CLICK HERE. 

All members are requested to download the copy and keep on record. 

Please see page 33 in which revised GP to IP / ASP and PS Gr. B mentioned. 

7 CPC : Dream came into truth, Inspector Posts got GP Rs.4600/-

General Secretaries Message


Dear Members, 

I would like to thanks wholeheartedly to my all members who have shown faith on me at 37th Biennial All India Conference held at Bangalore during the period from 28/1/2012 and 29/1/2012 and unanimously elected as General Secretary of the Association. At that time there were two important issues pending before our Association viz. Submission of Memorandum to 7CPC and cadre re-structuring of Inspector Posts cadre. Those who have attended the said conference knows that in my concluding speech I had promised that I will submit both the issues to the appropriate offices on time and try to get justice to our cadre. And I did it. Since last more than 4 and half years I am holding this coveted post and trying at my level best to give always positive results to our members/friends/colleagues on their grievances. During this period our Association reached at high level and now-a-days everyone in the department knows very well. Today, I am very happy to inform you that out of above two important issues one is settled 100% in our favour. Everybody aware that second pending issue i.e. cadre restructuring has already and timely taken up with Directorate but on submission of 7CPC report to Government on our favour on 19/11/2015 it was requested Directorate to keep the proposal submitted by Association in abeyance till implementation of recommendations of 7CPC.  Now we have prepare a fresh proposal and have to finalize in ensuing CWC to be held at Ujjain (MP). I am working sincerely on second issue and will try to get the result same as today we got. 

Today, Govt. vide Gazette notification No. 246 dated 25th July 2016 under MoF file No. 1-2/2016-IC has issued resolution in connection with acceptance of recommendations of 7CPC.

As demanded in our Memorandum, we got GP of Rs. 4600/- to Inspector Posts cadre. 7CPC recommended in their report Rs. 4800/- to ASP and Rs. 5400/- to PS Gr. B (PB-2) and same are accepted by Govt. in toto.

The following will be the entry level pay structure of our cadre.

Sl. No.
Name of the Post
Grade Pay
Revised Pay Structure
Existing Grade Pay
Grade Pay corresponding to which revised Levels have been recommended
Level in Pay Matrix
Para No. of the 7CPC Report
(1)
(2)
(3)
(4)
(5)
(6)
1.
Inspector Posts
4200
4600
L-7
11.8.21
2.
Assistant Superintendents Posts
4600
4800
L-8
11.8.21
3.
PS Gr. B
4800
5400
(PB-2)
L-9
11.8.21


Yours sincerely, 

(Vilas Ingale) 
General Secretary 













To view, clear copy please CLICK HERE. 

CONGRATULATIONS TO ALL IP / ASP and PS Gr. B OFFICERS 

Procedure to Know Number of Live Accounts in BO

> Generally many of us want to know the number of accounts available for a particular BO.

In DOP Finacle also there is a procedure to inquire the number of live accounts available for a particular BO.
In general we have SB,RD,TD and SSA accounts in BO's in DOP.
In DOP Finacle each BO is given a code during migration which can be inquired in modification after verification menus such as CASBAM,CRDACM,CPPFAM and CMISAM  etc for SB,RD,SSA and TD schemes respectively.
The step by step procedure to inquire the number of accounts scheme wise and also BO-wise is mentioned in detailed in the below mentioned procedure.

Step by Step Procedure to Inquire  BO Live Accounts

1)    Invoke HACSP menu.
2)    Enter the Sol ID, Scheme code, Open Date (Low), Open Date (High), Free Code No. and Free Codes fields as specified in the below screenshot.
3)    Sol ID for which the BO’s are applicable and account list is required.
4)    Scheme Code is SBGEN or RDIPN, since generally in BO’s only SB and RD accounts are available.
5)    Open Date (Low) and Open Date (High) are the account opening date’s. All the accounts which are opened in this Date Range will be listed.
6)    BO details are available in the Free Code 10 field in GAC table and hence 10 should be entered in the Free Code No field.
7)    In Free Codes field, enter the actual BO code and select from the searcher also.
8)    After entering all these details click on Submit.
9)    All the accounts for the specified criteria will be displayed. 


Then click on submit then the system will show the list of accounts available for the selected scheme which can be seen in the below screen shot as shown







From  the above screen one can observe total number of accounts selected are 234 which means 234 live accounts are available in our example.

Note :-  Most of the times we are facing Could not get response from server error while trying to generate the BO accounts report in HACSP. This is due to slowness in server. Wait for sometime and try again later.
Surce :poupdates.

July Salary To Be Paid on 28/07/2016 due to Bank Strike on 29/07/2016


PSI : Women Leadership Meeting at Hyderabad

I am reproducing the message of  Shri Vilas Ingle,  General Secretary


"It has been reported by Shri R. Kannan, Sub Regional Secretary, Public Services International (PSI) that Women Leadership Meeting will be held on 10th and 11th August 2016 at Hyderabad. 

Our Association has to nominate two women representatives, of which one below 35 years of age to attend the above meeting. Accommodation, boarding and travel reimbursement up to 3AC train equivalent fare will be paid to the participants. The details of venue and agenda will be placed on the blog. 

It is directed to all Circle Secretaries to intimate the name/s of willing women participants of their circles immediately to GS.

Our Association is affiliated to PSI since last 10 years."

I am appealing to all IP/ASP to intimate the name/s willing women IP/ASP to participate in the meeting. 

Chennai GPO may be first T.N. post bank: The Hindu News



New endeavour:The Postal Department is planning to offer banking services, particularly in rural areas. —Photo: V. Ganesan 
Chennai General Post Office (GPO) is likely to be first post bank in the State to be launched early next year. The Department of Posts is planning to set up ‘India Post Payment Banks’ (IPPB) using the postal network to provide banking services to people.
Aimed at providing access to banking services to people particularly in rural areas, the IPPB will provide a range of services, including direct benefit transfers and facilitate various payments like old age pension and government subsidies. The vast network of post offices would be used to eventually even deliver the payment at the doorstep of customers. Officials of the postal department said such post banks would function as separate entity and function according to the guidelines of Reserve Bank of India.

Mervin Alexander, postmaster General (Chennai city region), said, “Payment banks will deal with money remittances of all kinds to people. This could be useful to people particularly in rural areas who have limited access to banks. But, it will not provide loans. However, savings schemes and deposits will remain under post offices at this point of time.” Earlier, core banking network solutions and postal ATMs were started as part of an initiative to provide banking services at post offices.
Net banking and mobile banking will be the next step towards reinventing the postal services according to the changing trend. The department has also announced a competition for logo design and tagline for the proposed IPPB. The tagline should not exceed eight words either in English or Hindi and the best entries will be awarded with a cash prize of Rs.25,000. The last date of submission is July 31.
Courtesy: The Hindu

DPC : JTS for the year 2016-17 .... updates

Department of Post, Gujarat Circle Postman & Mailguard (24-07-2016) Question Paper

Department of Post, Gujarat Circle Postman & Mailguard (24-07-2016) Question Paper :


Question Paper : Click Here

Note : Write "marugujarat" in password if asked.

Exam was held on 24-07-2016

Special Thanks to Dharmesh Thakor, Saddamhusen Kalvaniya for sending question Paper.


Source : SAPOST

Postal Savings Schemes


• Rate of interest 4% per annum
• Minimum INR 20/- for opening.
•  Account can be opened by cash only.
•  Minimum balance to be maintained in a non-cheque facility account is INR 50/-.
•  Cheque facility available if an account is opened with INR 500/- and for this purpose minimum balance of INR 500/-in an account is to be maintained.
•  Cheque facility can be taken in an existing account also.
•  Interest earned is Tax Free up to INR 10,000/-  per year from financial  year 2012-13.
•  Nomination facility is available at the time of opening and also after opening of account.  
•  Account can be transferred from one post office to another.

•  One account can be opened in one post office
•  Account can be opened in the name of minor and a minor of 10 years and above age can open and operate the account.
•  Joint account can be opened by two or three adults.
•    At least one transaction of deposit or withdrawal in three financial years is necessary to keep the account active.
•    Single account can be converted into Joint and Vice Versa.
 Minor after attaining majority has to apply for conversion of the account in his name.

Deposits and withdrawals can be done through any electronic mode in CBS Post offices..

 *Inter Post office transactions can be done between CBS post offices

* ATM/Debit Cards can be issued to Savings Account holders( having prescribed minimum balance on the day of issue of card) of CBS Post offices.

Recurring Deposit Account


• From 1.4.2016, interest rates are as follows:-
 7.4% per annum (quarterly compounded)
 On maturity INR 10/- account fetches INR 726.97. Can be continued for another 5 years on year to year basis.
• Minimum INR 10/- per month or any amount in multiples of INR 5/-. No maximum limit.
• Account can be opened by cash/cheque and in case of cheque the date of deposit shall be date of presentation of cheque.
•  Nomination facility is available at the time of opening and also after opening of account.
• Account can be transferred from one post office to another.
•  Any number of accounts can be opened in any post office.
• Account can be opened in the name of minor and a minor of 10 years and above age can open and operate the account.
• Joint account can be opened by two adults.
• Subsequent deposit can be made up to 15th day of next month if account is opened up to 15th of a calendar month and up to last working day of next month if account is opened between 16th day and last working day of a calendar month.
• If subsequent deposit is not made up to the prescribed day, a default fee is charged for each default, default fee @ 5 paisa for every 5 rupee shall be charged. After 4 regular defaults, the account becomes discontinued and can be revived in two months but if the same is not revived within this period, no further deposit can be made.
*If in any RD account, there is monthly default(s) the depositor has to first pay the defaulted monthly deposit with default fee and then pay the current month deposit. This will be applicable for both CBS and non CBS Post offices.
• There is rebate on advance deposit of at least 6 installments. ·
Single account can be converted into Joint and Vice Versa.
Minor after attaining majority has to apply for conversion of the account in his name.
• One withdrawal upto 50% of the balance allowed after one year.
Full maturity value allowed on R.D. Accounts restricted to that of INR. 50/- denomination in case of death of depositor subject to fulfilment of certain conditions.
In case of deposits made in RD accounts by Cheque, date of credit of Cheque into Government accounts shall be treated as date of deposit.

Time Deposit Account


• Interest payable annually but calculated quarterly.
From 1.4.2016, interest rates are as follows:-
 
 Period  Rate
1yr.A/c 7.1%
2yr.A/c 7.2%
3yr.A/c 7.4%
 5yr.A/c 7.9%
• Minimum INR 200/- and in multiple thereof. No maximum limit.
• Account may be opened by individual. 

• Account can be opened by cash/cheque and in case of cheque the date of realization of cheque in Govt. account shall be date of opening of account.
• Nomination facility is available at the time of opening and also after opening of account.
 
•  Account can be transferred from one post office to another. 


•  Any number of accounts can be opened in any post office. 


•  Account can be opened in the name of minor and a minor of 10 years and above age can open and operate the account. 


•  Joint account can be opened by two adults.
• Single account can be converted into Joint and Vice Versa.

•  Minor after attaining majority has to apply for conversion of the account in his name.
 *In CBS Post offices ,when any TD account is matured, the same TD account will be automatically renewed for the period for which the account was initially opened e.g 2 Years TD account will be automatically renewed for 2 Years. Interest rate applicable on the day of maturity will be applied.

•  The investment under 5 Years TD qualifies for the benefit of Section 80C of the Income Tax Act, 1961 from 1.4.2007.

Monthly Income Scheme (MIS) Account


•From 1.4.2016, interest rates are as follows:-
 7.80% per annum payable monthly.
In multiples of INR 1500/-
• Maximum investment limit is INR 4.5 lakhs in single account and INR 9 lakhs in joint account. 
• An individual can invest maximum INR 4.5 lakh in MIS (including his share in joint accounts)
• For calculation of share of an individual in joint account, each joint holder have equal share in each joint account.
• Account may be opened by individual.
• Account can be opened by cash/cheque and in case of cheque the date of realization of cheque in Govt. account shall be date of opening of account.
 
• Nomination facility is available at the time of opening and also after opening of account.
• Account can be transferred from one post office to another.
• Any number of accounts can be opened in any post office subject to maximum investment limit by adding balance in all accounts.
• Account can be opened in the name of minor and a minor of 10 years and above age can open and operate the account.
• Joint account can be opened by two or three adults.
• All joint account holders have equal share in each joint account.
• Single account can be converted into Joint and Vice Versa.
•  Minor after attaining majority has to apply for conversion of the account in his name.
• Maturity period is 5 years from 1.12.2011.
•  Interest can be drawn through auto credit into savings account standing at same post office, through PDCs or ECS./In case of MIS accounts standing at CBS Post offices, monthly interest can be credited into savings account standing at any CBS Post offices.
• Can be prematurely en-cashed after one year but before 3 years at the discount of 2% of the deposit and after 3 years at the discount of 1% of the deposit. (Discount means deduction from the deposit.)
 
•  A bonus of 5% on principal amount is admissible on maturity in respect of MIS accounts opened on or after 8.12.07 and up to 30.11.2011. No bonus is payable on the deposits made on or after 1.12.2011.


Public Provident Fund Account
• From 1.4.2016, interest rates are as follows:- 8.10% per annum (compounded yearly).
• Minimum INR. 500/- Maximum INR. 1,50,000/- in a financial year.
• Deposits can be made in lump-sum or in 12 installments.
•  An individual can open account with INR 100/- but has to deposit minimum of INR 500/- in a financial year and maximum INR 1,50,000/-

• Joint account cannot be opened.

• Account can be opened by cash/cheque and In case of cheque, the date of realization of cheque in Govt. account shall be date of opening of account.

• Nomination facility is available at the time of opening and also after opening of account. Account can be transferred from one post office to another.

• The subscriber can open another account in the name of minors but subject to maximum investment limit by adding balance in all accounts.

• Maturity period is 15 years but the same can be extended within one year of maturity for further 5 years and so on.

• Maturity value can be retained without extension and without further deposits also.

• Premature closure is not allowed before 15 years.

• Deposits qualify for deduction from income under Sec. 80C of IT Act.

 • Interest is completely tax-free.

• Withdrawal is permissible every year from 7th financial year from the year of opening account..

• Loan facility available from 3rd financial year.

No attachment under court decree order.

• The PPF account can be opened in a Post Office which is Double handed and above.


Senior Citizen Savings Scheme (SCSS) Account

 

• From 1.4.2016, interest rates are as follows:-
8.6% per annum, payable from the date of deposit of 31st March/30th Sept/31st December in the first instance & thereafter, interest shall be payable on 31st March, 30th June, 30th Sept and 31st December.
• There shall be only one deposit in the account in multiple of INR.1000/- maximum not exceeding INR 15 lakh.

• An individual of the Age of 60 years or more may open the account.
 
 • An individual of the age of 55 years or more but less than 60 years who has retired on superannuation or under VRS can also open account subject to the condition that the account is opened within one month of receipt of retirement benefits and amount should not exceed the amount of retirement benefits.
• Maturity period is 5 years.
• A depositor may operate more than one account in individual capacity or jointly with spouse (husband/wife).
• Account can be opened by cash for the amount below INR 1 lakh and for INR 1 Lakh and above by cheque only.
• In case of cheque, the date of realization of cheque in Govt. account shall be date of opening of account.
• Nomination facility is available at the time of opening and also after opening of account.
• Account can be transferred from one post office to another
• Any number of accounts can be opened in any post office subject to maximum investment limit by adding balance in all accounts.
• Joint account can be opened with spouse only and first depositor in Joint account is the investor.
 
• Interest can be drawn through auto credit into savings account standing at same post office, through PDCs or Money Order.
• In case of SCSS accounts, quarterly interest shall be payable on 1st working day of April, July, October and January. It will be applicable at all CBS Post Offices.
 
*Quarterly interest of SCSS accounts standing at CBS Post offices can be credited in any savings account standing at any other CBS post offices.
• Premature closure is allowed after one year on deduction of an amount equal to1.5% of the deposit & after 2 years 1% of the deposit.
• After maturity, the account can be extended for further three years within one year of the maturity by giving application in prescribed format. In such cases, account can be closed at any time after expiry of one year of extension without any deduction.
TDS is deducted at source on interest if the interest amount is more than INR 10,000/- p.a.
Investment under this scheme qualifies for the benefit of Section 80C of the Income Tax Act, 1961 from 1.4.2007.

Sukanya Samriddhi Accounts

 

• Rate of interest  8.6% Per Annum(w.e.f 1-4-2016),calculated on yearly basis ,Yearly compounded.
• Minimum INR. 1000/-and Maximum INR. 1,50,000/- in a financial year. Subsequent deposit in multiple of INR 100/- Deposits can be made in lump-sum No limit on number of deposits either in a month or in a Financial year
• A legal Guardian/Natural Guardian can open account in the name of Girl Child.
 
• A guardian can open only one account in the name of one girl child and maximum two accounts in the name of two different Girl children.
• Account can be opened up to age of 10 years only from the date of birth. For initial operations of Scheme, one year grace has been given. With the grace, Girl child who is born between 2.12.2003 &1.12.2004 can open account up to1.12.2015.
 
• If minimum Rs 1000/- is not deposited in a financial year, account will become discontinued and can be revived with a penalty of Rs 50/- per year with minimum amount required for deposit for that year.
• Partial withdrawal, maximum up to 50% of balance standing at the end of the preceding financial year can be taken after Account holder’s attaining age of 18 years.
• Account can be closed after completion of 21 years.
 
• Normal Premature closure will be allowed after completion of 18 years /provided that girl is married. 


National Savings Certificates (NSC)
·         Scheme specially designed for Government employees, Businessmen and other salaried classes who are Income Tax assesses.
·         No maximum limit for investment.
·         No Tax deduction at source.
·         Certificates can be kept as collateral security to get loan from banks.
·         Investment up to INR 1,00,000/- per annum qualifies for IT Rebate under section 80C of Income Tax Act.
·         Trust and HUF cannot invest.
·         Rate of interest 8.10%.
·         Maturity value of a certificate of INR.100/- purchased on or after 1.4.2012 shall be INR. 147.61 after 5 years.
Buy National Savings Certificates (NSCs) every month for Five years – Re-invest on maturity and relax - On retirement it will fetch you monthly pension as the NSC matures.
·• A single holder type certificate can be purchased by, an adult for himself or on behalf of a minor or by a minor.
 • Deposits qualify for tax rebate under Sec. 80C of IT Act.
• The interest accruing annually but deemed to be reinvested under Section 80C of IT Act.
 *In case of NSC VIII and IX issue, transfer of certificates from one person to another can be done only once from date of issue to date of maturity.
*At the time of transfer of Certificates from one person to another, old certificates will not be discharged. Name of old holder shall be rounded and name of new holder shall be written on the old certificate and on the purchase application(in case of non CBS Post offices) under dated signatures of the authorized Postmaster along with his designation stamp and date stamp of Post office.

Kisan Vikas Patra (KVP)     

• Amount Invested doubles in 110 months (9 years & 2 months)
• Available in denominations of Rs 1,000, 5000, 10,000 and Rs 50,000. Minimum deposit Rs 1000/- and no maximum limit.
 
• Certificate can be purchased by an adult for himself or on behalf of a minor or by two adults.
 
• KVP can be purchased from any Departmental Post office.
• Facility of nomination is available.
 
• Certificate can be transferred from one person to another and from one post office to another.
• Certificate can be encashed after 2 & 1/2 years from the date of issue. 

Courtesy : sapost