SB Order No. 36/2020: Revision of deceased claim sanction limit in National (Small) Savings Schemes

SB Order No. 36/2020: Revision of deceased claim sanction limit in National (Small) Savings Schemes

SB Order No. 36/2020: Revision of deceased claim sanction limit in National (Small) Savings Schemes where no nomination exists or no legal evidence is available.

SB Order No. 36/2020

e.F.No.113-02/2019-SB
Government of India
Ministry of Communications
Department of Posts

Dak Bhawan, Sansad Marg,
New Delhi-110001
Date: 06.11.2020

To,

All Head of Circles/Regions

Subject: – Regarding revision of deceased claim sanction limit in National (Small) Savings Schemes where no nomination exists or no legal evidence is available.

Sir / Madam,

Kindly refer to the SB Order No. 31/2020, issued vide this office letter No. 113-02/2020-SB dated 28.08.2020. This office has been receiving suggestions from Circles to revise sanction limit prescribed for various authorities for settlement of deceased claim cases in National (Small) Savings Schemes where no nomination exists or no legal evidence is available.

 

2. The issue has been examined in this office and the competent authority has accordingly decided to revise sanction limit prescribed for settlement of deceased claim cases.

3. Accordingly, the limit prescribed in Rule 60(4)(B) of POSB (CBS) Manual and Rule 87(4)(ii) of POSB Manual Volume I, in case of where no nomination exists or no legal evidence is available is revised as below: –

Sl.NoName of AuthorityExisting limit in (Rs.)Revised limit in (Rs.)
(i)Sub-Postmasters of Time Scale Departmental SOs Sub Postmasters of Lower Selection Grade Post Offices10,00050,000
(ii)Sub-Postmasters / Deputy Postmasters / Postmasters of Higher Selection Grade (all Non Gazetted) SOs and HPOs25,0001,00,000
(iii)Senior Postmasters/Deputy Chief Postmasters/ Superintendent of Post Offices / Deputy Superintendent of Post Offices.
(All Gazetted Group-B HPOs and Divisions)
Chief Postmasters in GPO/Head Offices, Senior Superintendents of Post Offices
(All Gazetted Group-A HPOs and Divisions) & equivalent authorities in GPOs
2,50,0005,00,000
(iv)Director HQ/Regional Directors/Director (GPO) [In Mumbai, Kolkata & New Delhi]5,00,000Not required

Note 1: -To ascertain limit for sanction of claim the status of the Post Office/Office should be taken into account.

2: – if the eligible amount in a deceased account is above Rs. 5 lakh where no nomination or legal evidence available, the amount shall be paid to the claimant on submission of ‘Succession Certificate’ issued by the court.

4. Summary of revised sanction limits applicable for various authorities is placed below for ready reference:-

 

Sl.No.Name of AuthorityWhere nomination exists.Where legal evidence availableWhere no nomination exists or no legal evidence is available
(i)Sub-Postmasters of Time Scale Departmental SOs Sub Postmasters of Lower Selection Grade Post OfficesNo Limit50,000/- Note:- Above this limit cases to be sent to Divisional Office.50,000 Note:- Above this limit cases to be sent to Divisional Office.
(ii)Sub-Postmasters/Deputy Postmasters/ Postmasters of Higher Selection Grade (all Non Gazetted) SOs and HPOsNo LimitNo Limit1,00,000
Note:- Above this limit cases to be sent to Divisional Office.
(iii)Senior Postmasters/Deputy Chief Postmasters/ Superintendent of Post Offices/ Deputy Superintendent of Post Offices.
(All Gazetted Group-B HPOs and Divisions)
Chief Postmasters in GPO/Head Offices, Senior Superintendents of Post Offices
(All Gazetted Group-A HPOs and Divisions) & equivalent authorities in GPOs
No LimitNo Limit5,00,000

Note:- 1. The Post Office where the account stands, on receipt of the claim either directly or by Insured Post will issue acknowledgment to the claimant on the same day. The claim case is to be settled within 1 (one) working day when nomination exists and within 7 working days in other cases, if the claim falls under its financial powers of the Post Office. If the claim case falls above the financial powers, it shall be forwarded to the sanctioning authority by service Insured Post on the day of its receipt.

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2. It is requested that this SB order may be circulated to all concerned including CBS/non-CBS Post Offices. In case where claims are not yet submitted or claims are already submitted but not yet sanctioned, these revised provisions should be made applicable.

This issues with the approval of competent authority.

Yours faithfully

(Devendra Sharma)
Assistant Director (SB)

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