Postal Basics

No 17-31/2016-GDS  Government of India  Ministry of Communications  Department of Posts (GDS Section)  Dak Bhawan, Sansad Marg,  New Delhi-110001  Dated 22.01.2020  Office Memorandum  Subject: Limited Transfer Facility for all categories of Gramin Dak Sevake (GDS).  The undersigned is directed to convey approval of Competent Authority on the following guidelines to regulate the Limited Transfer facility of Gramin Dak Sevaks in supersession of all previous orders:-  1. Conditions of Transfer  The maximum number of chances to be provided for male GDSs is ONE only and TWO for female GDSs.  The transfer will be at his/her own request and own cost to a vacant post at his/her place of choice to his/her/spouse home village or home division or a place recommended for medical treatment.  A minimum engagement period of TWO years from the date of regular engagement on GDS Post will be mandatory for ma...

Loss-making India Post, having a size and workforce hugely disproportionate to its shrinking role, may reinvent itself by becoming a full-fledged bank.  India Post’s FY20 pay and allowances were estimated to be Rs 17,451 crore or in FY20 or 142% more than revenues of Rs 12,211 crore. Loss-making India Post, having a size and workforce hugely disproportionate to its shrinking role, may reinvent itself by becoming a full-fledged bank. According to a plan being discussed in the government, the 14,000 strong branch network of 45 regional rural banks (RRBs) will be brought under the fold of India Post, which itself runs 1.56 lakh post offices in the country. The Centre will wield control over the proposed bank via a holding company, of which the RRBs, where the Centre already holds 50%, will become subsidiaries. The existing India Post Payments Bank (IPPB)will also be made a subsidiary of the holding company. The other shareholders in the RRBs, namely public sector banks (...

ATM transaction / charge details Daily ATM cash withdrawal limit INR. 25000/- Cash withdrawal limit per transaction INR. 10000/- Charges for transactions done at DOP ATMs Free (Both Financial & Non Financial) with a limit of 5 Financial transactions per day Permissible free transactions at other Bank ATMs(per month) Metro Cities - 3 free transactions (Both Financial & Non Financial) Non Metro Cities - 5 free transactions (Both Financial &Non Financial) Charges after exceeding permissible free transaction limit at other Bank ATMs Financial & Non Financial Transactions - Rs 20 + Applicable GST