Rule 49(6) in POSB (CBS) Manual - Preparation of List for submission of PBs of SB and SSA standing at Branch Offices for entry of Interest

Insertion of Rule 49(6) in POSB (CBS) Manual regarding entry of Interest in Passbooks of Savings and SSA Accounts standing at EDBOs

Rule 49(6) :- After 31st on March of every Financial year, BPM should collect all SB and SSA irrespective of whether those were presented for transaction or not and issue receipt from SB28 to the depositors. These Passbooks should be sent to Account Office for Entry of Interest. BPM Shall prepare list of such accounts in duplicate in the below format separately for SB and SSA and retain one copy of such list in BOs:-

Serial No | Account Number | Name of the Depositor |Date of Receipt of Passbook(PB)| Date of which (PB) sent to AO| Date of which (PB) received from AO | Date of Delivery of PB to the depositor or return of PB to AO for safe custody | Acquittance of the depositor when the PB is delivered to him

On receipt of Passbook from Branch Office, Account Office shall tally the balance shown in the Passbook with the balance shown in the account in Finacle CBS/Sanchay Post and print the transaction of interest in the passbook using Passbook Printer. Difference if any in the balance  should be immediately be identified and passbook should be sent to Divisional Head for further inquiry. Those passbooks where there is no difference in balance should be returned to the Branch Office for delivery to the depositors.