Friday 27 January 2012

Clarification regarding default fee in RD and calculation of Post Maturity Interest.

SB ORDER NO. 31/2011
F.No.113-01/2011-SB
Government of India
Ministry of Communications & IT
Department of Posts
Dak Bhawan, Sansad Marg,
New Delhi-110001, Dated: 20.01.2012
CORRIGENDUM-III
To
All Heads of Circles/Regions
Addl. Director General, APS, New Delhi.
Subject:- Clarification regarding default fee in RD and calculation of Post Maturity Interest.
Sir / Madam,
The undersigned is directed to refer to this office letter of even number dated 13.12.2011 (SB Order No.31/2011) and Corrigendum-I issued on 20.12.2011 and Corrigendum-II issued on 02.01.2012 on the subject. This office is still receiving phone calls regarding charging of default fee in RD from 1.1.2012 under modified rules and calculation of PMI. Following further clarifications are issued on the subject:-
In case of RD
Since the rule of default fee and the software have not been amended, no default fee is to be charged if the above rule is not followed till the rule and software is amended. Default fee provision will remain the same. This rules has been got modified to avoid rush of RD work in the last week of a month. Amendment in the rule for charging default fee shall be taken up with Min. of Finance once the work of putting stamps on all the RD Passbooks is completed and depositors become familiar about the change.
In case of PMI
It is further clarified that PMI is to be calculated for the complete month from the date of maturity and remaining part of the month is to be ignored. Revised example is given below:-
if an account was matured on 26.8.2009 and the depositor attends the post office on 30.01.2012, he/she will be paid PMI at the rate 3.5% from 26.08.2009 to 25.12.2011 (28 complete months) and at the rate 4% from 26.12.2011 to 25.01.2012 (one complete month). Period from 26.1.2012 to 30.1.2012 (being part of month) will be ignored.
Yours faithfully,
(Kawal Jit Singh)
Assistant Director (SB

The new version of iMO Website is being released

                                                                       


The new version of iMO Website is being released

on 25 January 2012

with the following URL:

https://www.indiapostimo.gov.in/nic




PREREQUISTIES

1)      NIC lease line required.
2)      This new software will run on following machines :-
ü      Windows XP                                              
ü      Windows Server 2003                
ü      Windows Server 2008                
ü      Windows 7      
      3)   Dot Matrix Printer or Laser Printer required.
      4)   Users have to add this https://indiapostimo.gov.in/nic

o All activeX Radio Button Should be anable
o Steps
o Open Internet Explorer Click on Tools Menu->Internet Options->Security->Trusted Sites->Custom level




SUPERVISOR

Before starting the transactions, check carefully following points.

1) 
NIC lease line required.
2) Users have to add this https://indiapostimo.gov.in/nic under  
     Trusted sites. 
3) 
Supervisor – Id required (for getting new id see below diagram).
    Example : SU<PO PINCODE>XX (SU110001011)

If Old ID exists

Can logged in -> Get New ID

Can’t logged in -> Contact to Circle Admin to get new ID and Password

If Old ID doesn’t exists

Contact to Circle Admin to get new ID and Password

4) A) If Supervisor is able to login (with old user id) and no other message  
         displays, then supervisor will automatically get a new ID. Please note down
         your New ID and Password.     
   
     B) If Supervisor is not able to login (with old user id) and following message   
          displays U are not authorized for this machine”   or You are not    
          authorize for getting new Id  then contact to Circle Admin for getting 
          new id and password.
     C) After getting new ID and Password, and after successfully login please 
          register your machine first.
OPERATOR

Before starting the transactions, check carefully following points.
1) NIC line required.
2) Users have to add this https://www.indiapostimo.gov.in/nic under  
     Trusted sites. 
3) Operator – Id required (for getting new id see below diagram).
              Example : OP<POSTOFFICE CODE>XX (OP110001011)


If Old ID exists
Can logged in ->Get New ID
Can’t logged in ->Contact to Supervisor to get new ID and Password

If Old ID doesn’t exists
Contact to Supervisor to get new ID and Password

4) A) If Operator is able to login (with old user id) and no other message displays,
          then Operator will automatically get a new ID. Please note down
          your New ID and Password.     
   
     B) If Operator is not able to login (with old user id) and following message   
          displays U are not authorized for this machine   or You are not    
          authorize for getting new Id  then contact to supervisor for getting 
          new id and password.
     C) After getting new ID and Password, and after successfully login please 
          register your machine first.