Introduction of new Scheme, "Sukanya Samriddhi Account" under Small Savings Schemes - SB Order No. 03/2016

Click here to view SB Order no 03/2016 on the above subject matter.

India Post Telecast - NDTV 24x7

NDTV 24x7 news channel has done a story on India Post on the recent initiatives of the Department. The revised Telecast timings are as follows :

Channel : NDTV 24x7

Telecast Date : Saturday 30 th April 2016

Telecast Time : 1900 hours

Repeat Telecast: Sunday, 1 st May 2016 at   1200 noon.

PO&RMS ACCOUNTANTS EXAMINATION TO BE HELD ON 22.05.2016

This examination is scheduled to be held on 22.5.2016.  Paper - I from 1000 Hrs to 1300 Hrs and Paper-II from 1400 Hrs to 1700 Hrs  Both Papers are with aid of books only.  The last date for receipt of applications from the eligible candidates of this division is 11.05.2016. Notification issued vide this office memo No. B5/8-6/2016 dated 19.04.2016.

MINUTES OF CBS REVIEW MEETING DATED 16.04.2016

The undersigned has conducted a review meeting on 16.04.2016 with technology team of Tirupati Division and reviewed the progress of the division on various technology and CBS issues. 

The following officials were attended the meeting. 

S/Sri

1.                  D.V.Ramana, OA, CBS, D.O, Tirupati.
2.                 K.Rupesh, System Administrator, Tirupati H.O.
3.                 S.Jeevan, System Administrator, Tirupati H.O.
4.                 S.Abhilash, System Administrator, Srikalahasti H.O.
5.                P.Naresh, SPM, G.K.Palle S.O
6.                K.Hemanth, PA, Renigunta S.O
7.         Srikanth, System Administrator, Tirumala LSG SO.

•             The SPOs has reviewed the minutes of the previous meeting dated 02.04.2016. SPOs congratulated all System administrators for submitting go live data of offices scheduled for 15.04.2016, 18.04.2016 i.e. Tirupathi North, Tirupathi south, Vayalpad SO, Varadhaiahpalem, Tarigonda SO, Perumallapalle SO, Cherlopalle and Rompicherla SO. SPOs also directed all system administrators to submit the go live data for offices scheduled on 21.04.2016 i.e. Piler SO, Renigunta SO, Nagari SO, Ekambarakuppam SO, Vadamalpeta and Mangalampeta SO by 18.04.2016. SPOs has requested to DMCC, Chennai to include Satyavedu SO for go live on 21.04.2016, and DMCC agreed and included Satyavedu SO for 21.04.2016, hence, Sreekanth, SA is directed to submit the go live data of Satyavedu SO by 18.04.2016, with this, Tirupathi Dn., completes 50 offices, out of 72 offices.            
• The CBS schedule of the remaining  offices is as fallows:

NON TNF LOCATIONS:
S.No	Name of the SO	Name of the System admin	Date of proposed go live
1	Panagal SO	Ajay Krishna	25.04.2016
2	Narasingapuram SO	Jeevan	25.04.2016
3	Damalacheruvu	Rupesh	25.04.2016
4	Pitchatur SO	Sreekanth	25.04.2016
5	Bhakarapeta SO	Jeevan	25.04.2016
6	Gurramkonda SO	Chandra Sekhar	25.04.2016
7	Karveti Nagar SO	Abhilash	25.04.2016
8	Pakala	Rupesh	25.04.2016
9	Kalikiri SO	Chandra Sekhar	25.04.2016
10	Nagalapuram SO	Sreekanth	29.04.2016
TNF LOCATIONS:
1	S.B.R.Puram	Hemanth	29.04.2016
2	Medikurthi	Naresh	29.04.2016
3	Akkurthi	Ajay Krishna	29.04.2016
4	Peddakannali	Abhilash	29.04.2016
5	Nindra	Jeevan	29.04.2016
6	Pallam	Sreekanth.	29.04.2016
7	Pannur	Hemanth	29.04.2016
8	G.K.Palle	Naresh	29.04.2016
9	Kovanur	Abhilash	29.04.2016
10	K.V.Puram	Rupesh	29.04.2016
11	Thondamanadu SO	Ajay Krishna	29.04.2016

• Pre migration activities of above said offices should be completed in the timelines stated above. No deviation of timelines will be entertained. CO/ RO may perhaps change the dates of CBS Mock / Go live according to national wide interest and therefore SAs should be ready with their preparation to alter mock migration dates either two days prior or postpone.
• This is the last month for CBS go live and PMG directed not to give leave to any official (SDHs/SPMs/Pas) till completion of go live of these offices. SDHs are directed to concentrate on their offices and to give full support in completion of pre migration activities of their offices and smooth conduction of mock / Go live migration. SDHs are directed to involve themselves in these offices and visit these offices frequently along with concerned SAs.
• The SAs should give SMS everyday to sub divisional head on progress of CBS preparation and SDHs should in turn give one SMS to Divisional head by 8 PM everyday as DH has to give consolidated SMS to PMG by 9 PM.  All SDHs to keep focus on these timelines and ensure completion of task without fail. All the SPMs are directed to take interest to complete the task of passbook verification in time. SDHs should give press note for public information to get their passbooks verified at post offices concerned. SDHs are directed to keep their Mail Overseers in CBS offices every day for supporting SAs as well as SPM in completion of pre migration activities.
• In charges of SBCO is directed to verify the last balances of accounts of these offices.

                                                                             sd/-                 

                                                                                                           Supdt. of Post Offices,

Tirupati Division, Tirupati – 517 501

Copy to:- //By Regd.//

1. All the System administrators for favour of information and necessary action. 
2. The Postmaster, Tirupati HO / Srikalahasti HO/Chandragiri HO for information and necessary action.
3. The SBCO In charge, Tirupati HO / Srikalahasti HO/Chandragiri HO. They are   directed to  check and certify the balances submitted to the SOs.
4. The OA, Staff I Branch, Tirupati D.O. for information.
5. All SDHs in Tirupathi Dn., for favour of information and necessary action.
6. The OA, Technology Branch, Tirupati D.O. for information & n/a for supply of hardware equipment to the concerned SOs in consultation with the SPMs/System Administrators. It is also directed to resolve Sify issues, if any, in respect of these offices, for smooth migration of these offices into CBS.
7. The OA, Stock Branch, Tirupati D.O. for supply of CBS forms to the concerned offices.
8. The Postmaster General, Kurnool Region, Kurnool – 518 002 (CBS Branch) for favour of information.                    

                                                                                                        sd/-

                                                                                                           Supdt. of Post Offices,

Tirupati Division, Tirupati – 517 501

FREE MEDICAL CAMP CONDUCTED AT TIRUPATI HPO ON 15.04.2016

CBS GOLIVE INAUGURATION OF TIRUPATI NORTH LSG SO ON 15.04.2016

CBS GOLIVE INAUGURATION OF TIRUPATI SOUTH NDTSO ON 15.04.2016

CBS GOLIVE INAUGURATION OF PERUMALLAPALLI C CLASS SO ON 15.04.2016

FREQUENTLY ASKED QUESTIONS ABOUT EPOST OFFICES

FAQ On EPost Office

Click here to View the ePost Office Manual, it contains the instructions for New / Already Registered User, Philately / PLI Register Users.

Click here to View FAQ on ePost Offices

FAQ ON POSTAL LIFE INSURANCE

Common FAQ's

What is PLI?

A contract entered into by the Government to pay a given sum of money on the death of an individual to his nominee or himself, if he survives that period.

When did PLI start?

PLI as a scheme is available since 01.02.1884.

What is the difference between PLI and other Insurance?

PLI is only for Government and Semi-Government employees. Moreover PLI is the only Insurer that offers low premium and high bonus.

Is PLI guaranteed? If so, by whom?

PLI is guaranteed by Government of India.

Is there any limit to the number of policies one can take for children?

One can take policies for two children.

When did PLI start?

PLI as a scheme is available since 01.02.1884.

What is the necessity of sending the PLI Policy Bond to office address of the Insurant? Why can this not be sent to the residence of Policy holder?

PLI policy is issued to people who are employed under Government/Semi-Government sector etc. That is why the policy bond is sent to the Office address of the Insurant.

How can a policy be transferred from one PO to other?

The system of transfer of PLI policy is very simple. The policy holder can apply to the Chief Post Master General through the Post Office where the policy stands or the PO in which he desires to pay the premium. The PO will accept the application and send to the CPMG (PLI).

Which type of PLI policy among your scheme is more beneficial to opt for without hesitation?

All policies in PLI are beneficial. Every scheme has some unique features. In EA policy, you will get your savings along with bonus after the prescribed number of years.

Eligibility

Who are eligible for obtaining a PLI Policy?

The employees of following are eligible for PLI policy:

Central Government

Defense Services

Para Military Forces

State Government

Local Bodies

Educational Institutions/ Government-aided

Reserve Bank of India

Public Sector Undertakings

Financial Institutions

Nationalized Banks

Autonomous Bodies

Extra Departmental Agents in Department of Posts

Whether salaried professionals in Private Sector can join PLI?

Such categories are not eligible but they can have RPLI policies subject to fulfilling other conditions.

If one spouse is working in a Government Organization but the other is not, is there any scheme in PLI for both?

We have 'Yugal Suraksha' scheme under which both can jointly get a policy. After paying a little more premium, both can be covered under this assurance scheme.

Can one continue the policy if one quits the Government service?

One can continue by making payment at any one of the 1, 55,000 post offices throughout the country, even after quitting service.

Premia Payment

What is the mode of premium deposit?

The Premium Receipt Book is issued to the Insurants for the deposit of Premium in any departmental PO, and there is a facility of recovery from pay for all employees belonging to the Central Government.

Is there any other mode of payment?

The premium can be paid through Cheque.

Is premium recovered through salary?

Yes, recovery of the premia through salary is possible, in offices where it is remitted directly to PLI. In case where it is not, it is possible by appointing a Group Leader, who collects the premia from the insurants and deposits in a post office along with PR book. However, premia are to be deposited in any post office as per convenience i.e. monthly/half yearly/ yearly where there is no recovery through salary.

Why is the premia for children's policy higher?

As both children's and parent's risk is covered.

Can one revive a lapsed policy?

If the premia are not paid for 6 months in case policy is in currency for 3 years (or) 12 months in case policy is more than 3 years old, then the policy becomes void. This needs revival to make it active. Revival shall not be allowed on more than two occasions during the entire term of the policy. Policy can be revived any time one year before maturity.

What happens if one forgets to pay one's premium in a month?

One can pay the premium in the subsequent month, by paying a minimum fine of Re. 1/- per hundred of sum assured.

Loan

Is loan facility available in PLI?

Loan can be taken from EA policy after completion of 3 years and in respect of Whole Life after completion of 4 years. Loan facility is available in AEA policies.

Is Home loan available?

No

What are the terms on which loan can be availed? 

1. EA policies after 3 years from date of issue of policy
2. WLA policies after 4 years.
3. Interest 10% p.a. Calculated on six monthly basis
4. Loan entitlement is calculated on a prefixed proportion of these surrender value
5. Interest should be paid on(or) before 21st of due month (i.e. 6 monthly once)
6. Surrender

What is surrender value of a policy?

"Surrender value" of a policy, means the amount that is payable to an assured, when he foregoes the contingent benefit of his policy and surrenders it for an immediate cash payment.

What will be the surrender value of the policy?

Surrender value depends on the surrender factor and type and term of policy.

Can one get the full amount paid with accrued bonus, if policy is surrendered prematurely?

• Endowment Assurance policy can be surrendered after 36 months
• WWLA policy can be surrendered after 48 months
• Children policy can be surrendered after 60 months.
• No surrender for AEA policy

Bonus will be taken into account after 5 years for surrender value calculation on the paid up value. But surrendering any policy prematurely is always a loss to the insurant. Hence, it is suggested not to go for surrender.

It is not a simple saving scheme but it aims to give risk coverage also. It provides immediate Insurance coverage from the date of acceptance. Full policy amount with accrued bonus will be given even if death occurs on the very next day of acceptance of the proposals for all bonafide cases.