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IMPORTANT TIPS FOR SB PA KYC document must be obtained from investor at the time of opening of any a/c or purchase of certificate. Minor must attend post.

Published byCalvin Thomas Modified over 8 years ago

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Presentation on theme: "IMPORTANT TIPS FOR SB PA KYC document must be obtained from investor at the time of opening of any a/c or purchase of certificate. Minor must attend post."— Presentation transcript:

1 IMPORTANT TIPS FOR SB PA KYC document must be obtained from investor at the time of opening of any a/c or purchase of certificate. Minor must attend post office to open a/c in his/her name. Advise depositor/holder to make nomination Signature of witness is must in nomination. If depositor/holder does not want to make nomination, portion of nomination should be scored out by two red lines. If signature does not tally at the time of withdrawal from old a/cs KYC documents are compulsory. 3.7.43 1

2 In case of transfer of a/c KYC documents are compulsory All payments of Rs.20000/- and above in respect of closure of account or encashment of certificates must be made by crossed cheque only. Payment of amount for DD claim case by crossed cheque only. 3.7.442 IMPORTANT TIPS FOR SB PA…

3 Please preclude from taking assistance of agent in performing office tasks like making official entries in passbooks, posting transactions in Sanchay Post or manually and impressing date stamps Ensure that cash handling limit of Rs.10000/- at a time by SAS agent is scrupulously followed SAS/MPKBY/PPF agent should not be permitted to issue cheque from his/her own account on behalf of depositor 3.7.453 IMPORTANT TIPS FOR SB PA…

4 Agents should not be allowed to act as messengers for withdrawal of money of customers. No signature or endorsement required on the back side of A/C payee cheque presented at counter. Amount of A/c payee cheque is to be credited in payee’s a/c only. 3.7.464 IMPORTANT TIPS FOR SB PA…

5 Signature of all depositors in application for transfer of account or issue of duplicate passbooks are compulsory SB-28 receipt must be issued as and when PB is collected from depositor No provision for auto credit interest from MIS to RD a/cs Advise of transfer dispatched by service Insured only 3.7.475 IMPORTANT TIPS FOR SB PA…

6 Please ensure while crediting the matured amount of any scheme in SB a/cs that depositor of matured instrument and S.B. a/c are same. Issue Advice of payment (NC-10) while making payment of certificates purchased from other post office and send two copies thereof to office of issue by registered post. 3.7.486 IMPORTANT TIPS FOR SB PA…

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