📊 GDS BPM Time Deposit Commission Rates
This bulletin provides detailed information about the commission rates for Gramin Dak Sevak Branch Postmasters (GDS BPM) on Time Deposits and the corresponding account code for payment processing.
💰 Commission Structure for GDS BPM
Applicable rates for Time Deposit services
| Time Deposit Period | Commission Rate |
|---|---|
| 1 Year Time Deposit | 0.5% |
| 2 Year Time Deposit | 1.0% |
| 3 Year Time Deposit | 1.0% |
| 5 Year Time Deposit | 2.0% |
📝 Important Notes:
- Commission is calculated on the principal amount deposited
- Rates are fixed and non-negotiable
- Payment processed through designated account code only
- Commission payable upon successful deposit completion
🏦 Payment Account Details - Account Code in APT 2.0
Account Code:
8008004749
Description:
Payment of Commission To GDSBPM/SPM - Payment Side
🚀 Next Steps
Ensure all commission payments are processed using the correct account code mentioned above. For any discrepancies in commission calculation or payment issues, contact the respective departmental accounts office.
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