Handling Fee or charges for POSB Services

Fee for Post Office Savings Bank Services

At present various fees /charges which are collected for National Savings Schemes are collected under UCR either through POS module or manually. Provisions for collecting the fees/charges are now made available in Finacle.

The detailed process for collection of various fee/charges in Finacle as prescribed in Schedule-II of 'Government Savings Promotion General Rules" 2018 is as under: -

GSPR 2018:

Sl.No	Nature of Fee/Charge	Amount (Rs.)	GST %	Manual/ Automated
1	Issue of duplicate pass book.	50	18%	Manual
2	Issue of statement of account or deposit receipt (each case)	20	18%	Manual
3	Issue of pass book in lieu of lost or mutilated certificate (per registration)	10	18%	Manual
4	Cancellation or change of nomination	50	18%	Manual
5	Transfer of account	100	18%	Manual
6	Pledging of account	100	18%	Manual
7	Issue of cheque book in Savings Bank Account - No fee for upto 10 leaves in a calendar year and thereafter at Rs. 2 per cheque leaf	2	18%	Automated
8	Charges for dishonour of cheque	100	18%	Automated for Inward /Outward Reject and Manual for Outward Reject for cheques lodged in office account 0382