Complete verification of SB work in Branch Post Offices

 Complete verification of SB work in Branch Post Offices By Inspector Of Posts & ASP



The functioning of Savings Bank work at Branch Post Offices has evolved over the years particularly after implementation of RICT. Branch Post Offrces have been allowed to open accounts under aII the National (Small) Savings Schemes and accounts holders of PO Savings Accounts standing in Branch Post Offices have been allowed to operate the accounts in various channels viz. ATM,
IPPB, e-Banking and M-Banking.

2. AII India Association of Inspectors and Assistant Superintendents Posts in its letter No. CHQ/AIAIPASP/Corr-01'9712021 dated 13th September 2021, requested to issue a Standard Verifrcation Procedure (SW) for complete verification of SB work of selected RICT-CBS Branch Post Office.

3. Accordingly, a draft procedure for verification of savings bank passbooks during inspection and cent percent velification has been finalized on the basis of the draft procedure received from Kerala and Tamilnadu Circles.

4. A copy ofthe draft verification procedure is attached herewith for perusal. It is requested to provide your valuable inputs, comments and suggestions on the draft verifrcation procedure, keeping in view of various aspects of inspection and investigations related to savings bank, so as to enable this office to release the final version of the standard verification procedure. The inputs, comments an suggestions may be submitted on or before 25.07.2022 and if not received within 25.07 .2022, it will be treated as NIL.

5. This is issued with the approval of competent authority



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