Frequently Asked Question - Savings Bank Account

Question	Answer
What is the current rate of interest on savings accounts ?	3.5 %
How many single Savings accounts may be opened by an adult in his own name in any post office ?	Only Once
How many adults may open a joint savings account?	2 or 3
Where is the minimum age for opening a single savings account by a minor  himself in his name	10 year
How many savings accounts can be opened by a minor in his  own name ?	Only once
In which form the amount for opening a savings account can be presented whether by a cash or cheque or demand draft	By  Cash
What is the fee for making nomination in a  savings account first time ?	No Fee
What is the fee for getting the nomination altered in a savings account	One Rupee
In what manner the fee for getting the  nomination cancelled in a savings account to be  paid ?	A fee of Rs 1/-  ( This will be paid in the shape of Postage Stamp and affixed on the application form)
How many times withdrawal can be made from a savings account standing at a BO in a day ?	Only Once
How many time withdrawal can be made from a savings account standing at HO or SO	Any number of times
Up to what amount payment order for withdrawal from savings account  may  be sanctioned by   a Branch Postmaster ?	Rs  5000/-
What minimum balance should remain in a savings account without cheque book after withdrawal	Rs 50 /-
What minimum balance should remain  in a savings account with cheque book facility after withdrawal ?	Rs  500/-
Whether nomination facility  is available in savings account opened in the name of a minor by his guardian	No
Whether a minor can appoint a messenger for making withdrawal from the savings account opened  by him in his /her name ?	No, minor has to attend the post office personally to withdraw money from his/her account
Whether it is compulsory to present the pass book on the counter of the post office at the time of making withdrwal by cheque from a savings account with cheque book facility ?	No
What minimum amount  may be withdrwan by a cheque from  a cheque   from savings account	Rs 20/-
While calculating interest in a single savings account , what may be the maximum IBB in a calander month ?	Rs  100000/-
While calculating interest in a joint  savings account , what may be the maximum IBB in a calander month ?	Rs 200000/-
By which post office  annual interest is calculated in savings account ?	By  HPO
After how many  consecutive financial years without any trancsation a savings account is treated as silent account	3 years
Whether the amounts of annual interest affed in a savings account may be treated as  transactions in that account ?	No
If  in a savings account , the balance has reached prescribed maximum, whether it may be treated as silent account after no transaction having taken place during three consecutive financial year ?	No
What  is  the fee for issue of duplicate passbook of a savings account ?	Rs 10/-
Which office issues duplicate passbook of a savings account standing at department SO ?	Same SO where the accounts stands .
Whehter a pension savings account may be closed itself by LSG  SO  by calculating current  year’s interest ?	No  closure is to be permitted by  HO
What is the fee for getting a savings account transferred from one post office to another PO	No Fee
Whether one of the depositors of a joint B  savings account can get that account transferred from one post office to another by signing the application for transfer himself only?	No  all the account holders are required to sign
Whether a savings account deceased depositor can be transferred from one post office to another	No
Whether a savings account which has been ordered to be closed , may be got transferred from one post office to another ?	NO
How many persons can be nominated by the depositor of a savings account ? ------------------------------------------------------ prepared  by  ----  S  JAYACHANDRAN  SA, DIVISIONAL OFFICE , MAVELIKARA DIVISION	Any  number of persons can be  nominated

Different Kinds of Mail Bags - Handled at Post Office

Class   of Bag	Abberviation	Contents
Account Bag	A	Accounting Docments, Cash/Stamps ( Exchage Between HO- SO)
Branch Office bag	B	Accounting Documents , Cash/Stamps and mail Exchanged between A/C office – BO
Station Mail Bag	D	Mail Bag without parcel List
Letter Bag	L	Unregistered mails On ly
Station Mail Bag	M	Mail bag with parcel List from RMS to PO
Parcel Bag	P	Regd/VP Parcels/insured Bag
Packet bag	PKT	Empty Canvas Bag Exchanged between PO and RMS
Regd Bag	R	Regd/VP Letters, Ins Envelope , MOS
Regd Packet Bag	RP	Bulk Regd/VP Packets
Sorting Mail bag	S	Mail Bag with Parcel List from PO to RMS
Speed Post Bag	SP	Speed Post articles /Spe Post Mos
Transit Bag	TB	Several bags with Mail List intendend  to give protection and reduce number  of bags

Schedule Of Forms - Post office

MO1( H )	Book of MO(HO)
MO1(B)	Book of MO (SO)
MO 51	VPMO  form
NC-(A)	Prelimanary receipt to be issued by a Postmaster when savings certificates applied for are not available (HO)
NC -4 ( a)	Prelimanary receipt to be issued by a Postmaster when savings certificates applied for are not available (SO)
NC- 51	Form of application for nomination
NC-53	Application form for cancellation of varation or variation of nomination
NC- 60	PO Certificate claim aplication
NC -61	Bond of Identiity
NC-69	Form of application for purchase of KVP
NC-71	Application for purchase of NSC VIII Issue
RP-13	Customers Decleration form
RP-36( Medium)	Insured envelope
RP-54	Axknowledgement Card
RP-55	VP article Receipt
RP- 58	Delivery Slip
RP-69	Speical Journal ( Parcel Branch)
RP-70	Speical Journal (  Registration Branch)
SB-5	Savings Bank Pass Book
SB -5 (g)	Recurring Bank Pass Book
SB -5 (h)	Time deposit Pss Book
SB -5 (J)	Public provident fund pass Book
SB -5 (k)	Pass Book for security Account
SB-5 (q)	MIS Pass Book
SB-6	Specimen Signature Book
SB-7	Application for withdrawal
SB-25	Indeminity Bond
SB-26	Prelimenary Receipt
SB-103	Pay –in Slip
SB-107	Public provident ledger cards
ACG -2	Treasures Cash Book
ACG-3	Sub office Summary
ACG -1	HO summary
ACG-4	Heaf Office Cash Book
ACG-14	Memo of Authorised Balance
ACG-84	Memo of Monthly Cash Balance
ACG-108	Bill for provisional  pension/family pension/DCRG/Gratuity
APP-56	History Sheet
Corr-22	Docket form
CPT-1	Register of  Complaints
CPT-5	Acknowledgement of Complaints
CPT-7	Intimation of transfer of compliants
CPT-21	Disposal of Public complaints
Est-55	Verification  memo of services
Form D	Nomination for death cum retirment gratuity
FMO-8	List of Void MOS
FP-19	Customs decleration form
Genl-29	Application for  final withdrawal from GPF
LI-35	Application for PLI Loan
LI-10 (a)	Proposal for PLI
M-1	Mail List
M-10	Check Slip
M-26	Test Post card
MO-12	Redirection Slip
MO-19	List of Void money order
MO-60	Stock Book of IPOs
MO-62	Journal of Indian Postal orders sold
MO-66	Journal of Indian Postal Paid
MO-75	HVMO List
MS-2	Error Book
MS-18	Book of Post marks
MS-27	Postman ‘s Book
MSOT-27	Service Book
NC-10	Advice of payment of cash certificates
NC-18	Journal of PO Certificate issued (HO)
NC-18(S)	Journal of PO Certificate
NC-19	Journal  of PO certificate Discharged
NC-19(s)	Journal of PO Certificate Discharged (s)