Sunday, December 15, 2019

FNPO STRIKE NOTICE SERVED TO THE SECRETARY and DIRECTOR GENERAL DEPARTMENT OF POSTS

Procedure for e-commerce exports through Post and clarification on personal imports is as follows.


BSNL and MTNL (VRS) Scheme : Rs. 29,937 crore approved Ex-Gratia and Pensioner Benefits

BSNL and MTNL (VRS) Scheme : Rs. 29,937 crore approved Ex-Gratia and Pensioner Benefits
The Cabinet in the meeting held on 23.10.2019 approved a revival plan for Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL). The revival plan, inter-alia, includes the measures to reduce the staff cost through a Voluntary Retirement Scheme (VRS) for employees of age 50 years and above. Accordingly, BSNL and MTNL introduced VRS with effect from 04.11.2019 which was open till 03.12.2019. BSNL and MTNL have informed that 78,569 employees of BSNL and 14,387 employees of MTNL have opted for VRS.
The Government has approved Rs.29,937 crore (Rs.17,169 crore on account of Ex-Gratia on VRS and Rs.12,768 crore due to preponement of pensionary benefits spread over a period of ten years) through budgetary allocation for VRS.
The above statement was submitted by Ministry of Communications Department of Telecommunications of undermentioned Lok Sabha Question:-
GOVERNMENT OF INDIA
MINISTRY OF COMMUNICATIONS DEPARTMENT OF TELECOMMUNICATIONS
LOK SABHA
UNSTARRED QUESTION NO. 3694                                                                                                    TO BE ANSWERED ON 11TH DECEMBER, 2019

VRS FOR BSNL AND MTNL EMPLOYEES

3694. SHRI ANTO ANTONY
Will the Minister of COMMUNICATIONS be pleased to state:
(a) whether the Government has announced Voluntary Retirement Scheme (VRS) for employees of BSNL and MTNL;
(b) if so, the details thereof;
(c) whether the Government has any record regarding number of employees who applied for VRS;
(d) if so, the details thereof and the quantum of amount required for settlement of VRS;
(e) whether the VRS is a part of revival package for BSNL and MTNL; and
(f) if so, the details thereof?
ANSWER
MINISTER OF STATE FOR COMMUNICATIONS, HUMAN RESOURCE DEVELOPMENT
AND ELECTRONICS & INFORMATION TECHNOLOGY
(SHRI SANJAY DHOTRE)
(a) to (f)                                                                                                       As above
Source Lok Sabha

Guidelines to all Departments undertaking to Review the Service Rules of the Employees so as to Terminate the Services of Corrupt Employees

(a) & (b)  The provisions under Fundamental Rules (FR) 56(j), Rule 48 of Central Civil Services (CCS) (Pension) Rules, 1972 and Rule 16(3) (Amended) of All India Services (Death- cum-Retirement Benefits) [AIS (DCRB)] Rules, 1958 have laid down the policy of periodic review and premature retirement of Government servants in public interest. This is a continuous process.
(c)  As per the information/data uploaded by the different Ministries/Departments/Cadre Controlling Authorities (CCAs) on Probity Portal followed by the rectification requests made by some Ministries/ Departments/CCAs, during the period from July, 2014 to October, 2019 (as on 25.11.2019), provisions of FR 56(j)/similar rules have been invoked against a total number of 117 Group ‘A’ officers and 126 Group ‘B’ officers of different Ministries/Departments.
(d)  The same retirement benefits are admissible to these persons as applicable to Government employees upon retirement on normal age of superannuation.
The above statement was submitted by Ministry of Personnel, Public Grievances and Pensions Department of Personnel & Training of undermentioned Lok Sabha Question:-
GOVERNMENT OF INDIA
MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS
(DEPARTMENT OF PERSONNEL & TRAINING)
LOK SABHA
UNSTARRED QUESTION NO. 3873                                                                                                                           (TO BE ANSWERED ON 11.12.2019)

GUIDELINES AND TERMINATION OF CORRUPT EMPLOYEES

3873. SHRI KANAKMAL KATARA
Will the PRIME MINISTER be pleased to state:
(a) whether the Government has issued guidelines to all the departments, banks, public sector undertakings to review the service rules of the employees so as to terminate the services of corrupt employees;
(b) if so, the details thereof;
(c) the names of the departments along with the number of employees who have been given compulsory retirement during the last six months; and
(d) whether the retirement benefits package, gratuity/PF, etc. are payable to such employees?

ANSWER

MINISTER OF STATE IN THE MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS
AND MINISTER OF STATE IN THE PRIME MINISTER’S OFFICE
(DR. JITENDRA SINGH)
As above
guidelines-termination-corrupt-employees-hindi
Source: Lok Sabha

Salient Features of National Saving Accounts and Certificates after Gazette Notification Dated at 12.12.2019.

CHANGES AS PER THE GAZETTE NOTIFICATION || DATED 12.12.2019 ||SCHEME WISE

Download Gazette Notification ( 179 Pages )






SSA 

Subsequent deposit multiples of Rs. 50/- . 
FORM 1- ACCT OPENING
FORM 2- FOR PMC
FORM 3- FOR WDL
FORM 4- FOR CLOSURE

PPF

MIN INITIAL DEP FOR OPENING: RS. 500/- MINIMUM PER FY: RS. 500/-. MAX 150000
Subsequent deposit multiples of Rs. 50/- 
Loan Int - 1 % (If the principal loan amt paid in within 36 months) , and 6 % if not paid or partially paid
FORM 1- ACCT OPENING
FORM 2- FOR LOAN AND WDL
FORM 3- FOR CLOSURE
FORM 4- FOR EXTENSION
FORM 5- FOR PMC

SCSS

NO LOCK UP PERIOD. ACCT HOLDER CAN CLOSE THE ACCOUNT AT ANY TIME.
PMC
a) Before 1 year- Already paid interest amount will be recovered.
b) 1 YR - 2 YR- Deduction at 1.5 % of Deposit
c) > 2 YR-Deduction at 1 % of deposit
d) During Extension period, after one YR-NIL.
FORM 1- ACCT OPENING
FORM 2- FOR PMC
FORM 3- FOR CLOSURE
FORM 4- FOR EXTENSION 

MIS

MINIMUM INITIAL DEP FOR OPENING: RS. 1000/- AND MULTIPLES OF RS.1000/-
FORM 1- ACCT OPENING
FORM 2- FOR PMC
FORM 3- FOR CLOSURE

RD

MINIMUM DENOMINATION RS.100/- AND MULTIPLES OF 10/-
FORM 1- ACCT OPENING
FORM 2- FOR PMC
FORM 3- FOR CLOSURE/RENTION OF MATURITY AMT
FORM 4- FOR EXTENSION
FORM 5- FOR LOAN/WDL

NSC

MINIMUM DEPOSIT RS.1000/- AND MULTIPLES OF 100/-
FORM 1- ACCT OPENING
FORM 2- FOR CLOSURE
FORM 3- FOR PLEDGE

KVP

MINIMUM DEPOSIT RS.1000/- AND MULTIPLES OF RS.100/-
FORM 1- ACCT OPENING
FORM 2- FOR CLOSURE
FORM 3- FOR PMC
FORM 4- FOR PLEDGE
SB
MINIMUM DEPOSIT RS.100/- AND MULTIPLES OF RS.10/-
MINIMUM BALANCE TO BE MAINTAIN IS RS.500/-. ACCT HOLDER HAS TO DEPOSIT THE DIFFERENCE AMT WITHIN ONE YEAR.
FEE FOR NOT MAINTAINING MIN BALANCE IS RS.100/- WDL NOT LESS THAN 50/-
NO WDL permitted which has the effect of reducing the balance to less than 500/-
CHEQUE BOOK - FREE FOR 10 LEAVES IN A YEAR. RS.2/- PER SUBSEQUENT CHQUE
FORM 1- ACCT OPENING
FORM 2- WDL AND CLOSURE
TD
MINIMUM DEPOSIT RS.1000/- AND MULTIPLES OF RS.100/-
FORM 1- ACCT OPENING
FORM 2- FOR CLOSURE
FORM 3- FOR EXTENSION
FORM 4- FOR PMC
FORM 5- FOR PLEDGE

Major Changes in DOP Schemes - Gazette Notification dated 12.12.2019 for Postal Saving Scheme

[Download Official Gazette Notification]



For opening of new SB Account with minimum deposit of Rs.500/- and RD minimum deposit of Rs.100 & TD deposit minimum Rs.1000

In SB Penalty fee Rs 100 if the minimum of balance of Rs.500/- is maintained in the POSA Account

Old accounts which were opened on or before 12.12.2019 also have to be maintained with Minimum balance Rs.500/

1. Sukanya Samriddhi Account (SSA) can deposit multiple of Rs.50/-

2.Public Provident Fund (PPF) initial deposit must be Rs.500 and subsequent deposit can multiple of Rs.50/-

4. SCSS close at any time. Before one year means interest paid ( already) will be recovery

5. MIS Minimum Deposit Rs.1000/-

6. The minimum amount of monthly deposit in an account shall be one hundred rupees or any sum in multiples of ten rupees.

7. SB Account Initial Deposit Rs.500/- and subsequent deposit multiple of 10/- and minimum withdrawal Rs.50/-.

8. for additional cheque book Rs.2/- per cheque.

9.TD minimum Deposit Rs.1000/- with multiple of Rs.100/-

10. TD Account PMC allowed after 6 month


11. NSC and KVP Minimum Deposit Rs.1000 and multiple of Rs.100/-.


Important changes in POSB - Gazette Notification with immediate effect from 12.12.2019

Saturday, December 14, 2019

FNPO STRIKE NOTICE SERVED TO THE SECRETARY and DIRECTOR GENERAL DEPARTMENT OF POSTS

OPENING OF DOP STAFF SALARY ACCOUNTS WITH INDIA POST PAYMENT BANK (IPPB)




Features of India Post Payments Bank

CLICK HERE FOR SEE DETAILS

 




1 India Post Payments Bank (IPPB) is setup under the Department of Posts, Ministry of



Communication with 100% equity owned by Government of India.



2 Since IPPB is a Payments Bank, it cannot lend but can only accept deposits.



3 IPPB can have third party tie-up to offer loans, insurance and mutual funds etc.



4 IPPB offers savings accounts and current accounts only at present.



5 For opening of IPPB account, no physical copies of KYC document or photo is necessary.



Account can be opened using the details fetched from Aadhar which is to be authenticated by the Biometric of customer (Finger print or Iris) and OTP received on registered mobile number.

6 Regular savings account is opened for customers with Zero minimum balance. Since it is a Payments Bank, as per RBI direction, maximum balance one can keep in this account is restricted to 1 lakh at EOD. But to overcome this limitation, there is an option provided to link POSB with IPPB. If POSB is linked with IPPB, amount exceeding 1 lakh will automatically be swept into POSB account at EOD. Please note if no POSB is linked with IPPB account, one cannot perform a transaction above 1 lakh at any given point of time. Icase  the  account  breaches  the  1 lakh limit by  way  of  interest addition,  amount exceeding 1 lakh will be moved to a sundry account and cheque will be issued for that amount. No such restriction is applicable to POSB linked accounts.

7 In case POSB linked accounts, Sweep IN and Sweep Out facility provided in IPPB enables customers to transfer fund from POSB to IPPB and vice versa. Sweep IN function works from 10.00 am to 5.00 pm on working days only. A settlement account is maintained by DOP to enable this Sweep IN service which is daily replenished by DOP. Once POSB account is linked with IPPB, it takes three working days, excluding the date of linkage, to get the Sweep IN function activated. IPPB savings account carries an interest of 4% per annum. Interest is calculated on a daily product basis and paid on a quarterly basis.

8 IPPB at present offers individual current accounts only which means current account in the name of firms cannot be opened. Current account requires a minimum monthly average balance of Rs.1000/-. Charges for non-maintenance of MAB is Rs.100/- per month and deducted quarterly. Current account holders will be provided with Cheque book provided specimen signature is updated in CBS. Getting the specimen signature in signature card is mandatory for opening IPPB account.

9.   IPPB offers salary account scheme option SBDOP for all regular staff of Department of Posts. For SBDOP account holders all fund transfers performed through IMPS, NEFT and RTGS via Mobile APP are absolutely free. If you are a DOP regular staff and your account scheme is not changed to SBDOP, please contact your divisional office or IPPB branch for the conversion of the scheme to SBDOP.



10. IPPB transactions can be performed through 3 channels viz Finacle at Sub offices/Head office, Micro ATM (Mobile device and Biometric device) of Postmen/ GDS working at HO/SO/BO and Mobile APP of customers. Customers can deposit any amount at HO/SO through Finacle without incurring any charge. But withdrawal per customer per day is limited to Rs.20000/-. Through Postmen M-ATM and at BOs, a customer can deposit and withdraw only Rs.5000/- per day. A customer can transact through his Mobile APP also.
11. A customer having IPPB account can transfer funds to other banks, perform Sweep IN/ Sweep Out from and to POSB, perform bill payments (Electricity bill, Mob recharge, DTH recharge etc) and pay DOP products online (RD, SSA, PPF and Loan against RD).
12. A customer can deposit/withdraw funds to and from IPPB account by visiting any access point (HO/SO/BO) or Postman.
13. If a customer performs any transaction from M-ATM of end users (BPM/ABPM/DAK SEVAK/POSTMEN) outside a radius 300 mtr from the access point (HO/SO/BO) to which they are tagged, door step charges will be levied from the customer. If the transaction involved is cash (deposit/withdrawal) Rs.25 + GST will be deducted from the account. If the transaction does not involve any physical cash (Fund transfer/Bill payment etc) Rs.15
+ GST will be deducted from the account in addition to the charges for fund transfer charges.
14. Customer can transfer funds to IPPB accounts from other banks using the IPPB Account number anIFSC code IPOS0000001. IPPB has a single IFSC code all over India. Customer can also send funds to IPPB using MMID and Mob number or using VPA ID of IPPB account number.
15. For transfer of fund from IPPB to other banks using IMPS, NEFT or RTGS charges are applicable. Schedule of charges are attached in a separate sheet. Fund transfer from IPPB to IPPB and IPPB to POSB attract no charges.
16. While UPI is not available in mob APP at present, IPPB offers the same through assisted mode. ie through Post office counter and delivery staff. You transfer and receive funds using the VPA I'd of your bank account through these assisted modes without incurring any charges. However, it is expected to roll out UPI in Mobile banking in near future. At present the account cannot be added to UPI based apps like Gpay, Phone pay, Paytm etc.
17. Four DBT Mandate options are available while opening IPPB accounts. Please be very clear with these options as incorrect selection can even lead to DBT not being received in any bank accounts. Option is also available to change the DBT mapping from other banks to IPPB.
18. A current account holder can download two Mob APPs. One the normal IPPB Mob App for his personal use and the other is the merchant App for his business purposes. Merchant App  can  be  activated  using  the  registered  mobile  number  only  after  receiving  a
confirmation message within 48 hours of opening of account. Merchant APP is very helpful for merchants to receive the payment digitally. Scanning the QR code or using the VPA ID of merchant, customers can easily transfer funds to his account.
19.  An end user who opens a funded (Rs.100/-) IPPB savings account will get an incentive of Rs.7/- for each account provided the account is linked with POSB within 30 days or a cumulative revenue generation of Rs.30/- happened in that within 90 days of opening.
20.  An end user who opens a current account will get an incentive of Rs.45/ - for each account provided average monthly balance of Rs.1000/ - is maintained in that account for a period of 3 successive months beginning with the month subsequent to the month in which account opened & cumulative revenue generation of Rs.50/- from transactions within 90 days of account opening.
21.  In addition to the above incentive end user will continue to earn 5% of the revenue generated in the whichever account opened by him.
22. At HO/SO level counter rush can be largely reduced due to DOP products'(SSA, PPF, RD) payment being routed through IPPB. If the customer performs fund transfer and bill payments through Mob APP, end user who opened the account will continue to receive
5%  of  revenue  earned  by  IPPB  as  incentive.  The story  of  shri. Senthil  Kumar,  PA, Coimbatore is an example for this. He received Rs.4500/- as incentive, the highest among all finacle end users pan India when incentive was first released by IPPB.
23. We have seen that customers lining up at large numbers at BOs just for the payment of

electricity Bill's. Though many of them are uneducated also, they can still operate smart phones. If we guide them to properly use the Mob APP, instead of visiting BO counter they can make the bill payment on self-mode (Using Mobile APP) and we can earn still earn revenue and incentive on that.
24. Payment of mail products (Registered/Speed/Money order etc) can be done using IPPB

accounts at HO/SO. Dispute regarding tendering exact changes at counter can be largely avoided due to this facility. Customer need not bring any change and still perform hassle free transactions at HO/SO counters.
25. AEPS (Aadhar Enabled Payment System) has been launched by IPPB on 01.09.19. Now

from any Post office (HO/SO/BO) customers can withdraw amount from their Aadhar linked bank account. They can also check their bank account balance/ generate account statement etc. from Post office counter or end users. This is possible through Micro ATM also. For completing this transaction biometric authentication of customer is mandatory and bank account shall be linked with Aadhar. AEPS works under the aegis of NPCI (National Payments Corporation of India). Withdrawal limit of AEPS is capped at Rs.10000/-  in IPPB. But each member bank  can set their own withdrawal limit and
transaction limit. We can target migrant labourers and areas where ATM penetration is low for AEPS transactions. AEPS works like a Mobile ATM.
26. No charges for AEPS will be levied from customer. Charges will be bank to bank only.



The issuer bank pays interchange fee @ 0.50% of the transaction value subject to a maximum of Rs.15/- per transaction. No commission is paid for Txn value less than or up to Rs.100/-. The issue bank pays flat Rs.3/- per transactions for mini statement services. No commission is paid for balance enquiry transactions. DOP will be eligible for 30% pay outs of the net interchange income earned by bank. The distribution split will be 25% of the net interchange income to end user; 4.5% of income to supervisor of end user & 0.5% to L2 super user. (This will be for cash withdrawal transactions).

27. IPPB  is  planning  to  roll  out  virtual  debit  card  (Not  physical  debit  card)  to  its customers. Once the same is launched, customers can perform online shopping using this account. Virtual debit card will be made available in the Mobile APP itself. Currently the same is under testing period.
28. Last but not the least IPPB focuses on transactions while DOP focuses on number of


accounts. Each transaction is important to IPPB however small it may  seem as each transaction is a potential revenue generating transaction. Hence it is important to make the customer download the Mobile App and explain the features and make him perform the transactions while opening accounts for them.



Prepared By, Tony Rajan,

Asst. Manager (Area Operations),

India Post Payments Bank,

Coimbatore Branch,


Mob: 7012151358















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