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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

TD Commission to BPM From business procured from the jurisdiction of the BO TD 1 Year 0.5 % TD 2 Year 1% TD 3 Year 1% TD 5 Year 2% SB Commission to BPMs: 1 % of the net Accretion (Deposit-W/L) in a Fin-Year SAS - MPKBY Agent Commission   Recurring Deposit (MPKBY) 4% National Savings Time Deposit 0.5% National Savings Monthly Income Scheme 0.5% National Savings Certificate 0.5% Kisan Vikas Pathra 0.5%

Odisha Circle Office asks AGM, IPPB Ltd., Odisha Circle for enquiry and action against intolerance and misbehaviour of IPPB personnel towards DOP staff members

Publication of result of recruitment of outstanding Sportsman in Sport Quota in PA/SA, PA(CO/RO), Postman/Mail Guard and MTS in Odisha Circle Click to view result

Frauds in Accounts of IndiaPost Payments Bank By Asstt. Manager (Territorial) Through Micro ATM By Accessing The Credentials Of GDS Staff & DoP Staff

Postal JCA, Odisha (NFPE,FNPO & BPEF) strongly protests mandatory opening of DoP Salary Account with IPPB Ltd by Odisha Circle administration

Odisha Circle Office reiterates its earlier instructions to all Divisional Heads to relieve all officials approved for inter/intra circle transfer under Rule-38 and ordered for deputation

No. P3NFPE-Odisha/05 - 01/2020 Dated at Bhubaneswar the 3 rd   May, 2020 To Com. R N Parashar Secretary General, NFPE  North Avenue P O Building, New Delhi – 110 001 Sub:-         Mandatory opening of Salary Account by DoP employees (both Departmental & GDS) with IPPB – Protest regarding. Respected Comrade, It has come to our notice that the Secretary (Posts) during V C on 01.05.2020 has directed all HoCs to ensure opening of Salary account by the employee of DoP (both Departmental and GDS staff) with IPPB within a week. Accordingly all the Divisional Heads have been requested by the Chief PMG, Odisha Circle to take such immediate action so that all the employees of Odisha Postal Circle have their salary account with IPPB and linked the same to his POSB account by 7 th  May, 2020 for adopting all necessary formalities in SAP to credit the salary for the month of May, 2020. Even daily progress...

Interest rate higher by 125 bps compared to India Post Payments Bank India Post Payments Bank (IPPB) has cut the interest rate on savings bank (SB) deposit thrice since February 2020 from 4 per cent to 2.75 per cent even as it parent, India Post, continues to hold the interest rate on the Post Office Savings Account (POSA) rock steady at 4 per cent. This differential of 125 basis points between the interest rate offered by IPPB and India Post (also known as Department of Posts) on the same product (SB account) could make it difficult for the former to attract fresh deposits. One basis point is equal to one-hundredth of percentage point. With the latest cut of 25 basis points in the interest rate on SB accounts from 3 per cent to 2.75 per cent with effect from May 1, 2020, IPPB’s SB interest rate is the same as that offered by State Bank of India, country’s largest bank. Before the latest cut, IPPB had reduced SB rate twice -- from 4 per cent to 3.50 per cent with effe...