Attestation of Annexure-II(Affidavit) and Annexure-III (Disclaimer on Affidavit) in case of deceased claim case preferred where there is no nomination

Attestation of Annexure-II(Affidavit) and Annexure-III (Disclaimer on Affidavit) in case of deceased claim case preferred where there is no nomination

SB ORDER NO. 21/2011

No. F.No.113-07/2008-SB

Government of India

Ministry of Communications & IT

Department of Posts

Dak Bhawan, Sansad Marg,

New Delhi-110001, Dated: 12.10.2011

To

All Heads of Circles/Regions

Addl. Director General, APS, New Delhi.

Subject: - Attestation of Annexure-II (Affidavit) and Annexure-III (Disclaimer on Affidavit) in case of deceased claim case preferred where there is no nomination- a clarification regarding.

Sir / Madam,

The undersigned is directed to say that after issue of new procedure for payment of amount of Savings Bank/Certificates in the name of deceased depositor/holders circulated vide SB Order No.25/2010 dated 24.12.2010, this office was receiving many references from the field units regarding attestation of Annexure-II and III by the Notary Public. The matter was referred to Min..of Finance, Department of Economic Affairs for clarification.

2. Min. of Finance (DEA) has now clarified that the matter was referred to Min. of Law and Justice who opined that Annexure-II and III may be attested either by Oath Commissioner or by Notary Public. Therefore, it is requested that necessary amendment may be made in these forms accordingly. Amendment to the forms notified by Min. of Finance in respect of PPF and Sr. Citizen Savings Scheme will be made by the ministry shortly.

3. It is requested that this clarification may be circulated to all all field units and all deceased claim cases kept pending for this reason should be settled urgently.

4. This issues with the approval of DDG(FS).

Yours faithfully,

(Kawal Jit Singh)

Assistant Director (SB)

    
                  ***********ALL ARE INVITED ***********



    MEETING OF ALL DIVISIONAL SECRETARY , PRESIDENT & OTHER EXECUTIVE BODY MEMBERS IN PUNE REGION HOLD ON 16.10.2011 AT PUNE GPO,PUNE 411001 ON 11.00 AM.
    IMPORTANT ISSUES / ITEMS GOING TO BE DISCUSS.

ALL NFPE AS WELL AS FNPO EXC. MEMBER ALSO ATTENDING...BE THERE

Amendments to Indian Post Office Act soon

Amendments to Indian Post Office Act soon

Paving way for over 1.5 lakh post offices to offer banking and insurance services, especially in the hinterland, the government will soon make amendments to 'The Indian Post Office Act, 1898'

"The draft amendment bill to make necessary changes in 'The Indian Post Office Act, 1898' has been circulated by the Department of Post for enabling post offices to enter banking and insurance sector," a source privy to the development said.

He further said, "The Planning Commission is vetting the proposal to convert post offices across the nation into full fledged banks and provide insurance service."

Besides mail service, post offices in the country have broadly confined their business to offer financial services like savings bank, postal life insurance, pension payments and money transfer services.

The Department of Posts (DoP), which has the largest reach in the country, has diversified in recent times with providing facilities like rail reservation and telephone recharge coupons, but this move will substantially improve its basket of services.

The government, according to the source, wants to completely give a new dimension to the way post offices do business in the country and this Bill is a step towards that goal.

With this initiative, the Department of Post (DoP) wants to tap the vast rural market with modern banking facilities through post offices.

"We want to commercialise the department. We will seek a licence from the RBI to convert all our post offices into banks," Telecom Minister Kapil Sibal had recently said.

The lack of modern banking facilities in rural areas and dependence of villagers on informal sector for their credit requirements have prompted the government to work on financial inclusion by way of setting up 'postal banks'.

"The State Bank of India can't build branches all over India, but there are post offices across India. The branches are already there, so infrastructure expenditure is not required. So you can actually give banking facilities at relatively lower costs, which would be extremely beneficial to people," he had said.

This will also pave the way for the DoP to offer ATM services and debit cards to its customers.

Courtesy: http://www.indianexpress.com