Deposit limit increase updates Post Office Savings Bank rules and replaces authority-wise caps effective on publication. The Post Office Savings Bank General (Second Amendment) Rules, 2003 amend rule 13(4) of the 1981 Rules by increasing the overall monetary ceiling and substituting the authority-wise Table that assigns maximum deposit handling or sanctioning limits to specified categories of post office officials; the amendment takes effect on publication in the Official Gazette.
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Deposit limit increase updates Post Office Savings Bank rules and replaces authority-wise caps effective on publication.
The Post Office Savings Bank General (Second Amendment) Rules, 2003 amend rule 13(4) of the 1981 Rules by increasing the overall monetary ceiling and substituting the authority-wise Table that assigns maximum deposit handling or sanctioning limits to specified categories of post office officials; the amendment takes effect on publication in the Official Gazette.
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