Saturday, November 12, 2016

Regarding opening of Head Post Offices (HOs) on 13.11.2016 (Sunday) for the exchange of Withdrawn Old Series (WOS) bank notes and for opening SB Counters

No. 24-01/2016-PO
Government of India
Ministry of Communications
Department of Posts
(PO Division)
Dak Bhawan, Sansad Marg
New Delhi-110 001

Dated: 11.11.2016

To
All Chief Postmasters General
All Postmasters General

Subject:  Regarding opening of Head Post Offices (HOs) on 13.11.2016 (Sunday)  for the exchange of Withdrawn Old Series (WOS) bank notes and for opening SB Counters

The competent authority has ordered that all the Head Post Offices across the country will remain open on 13.11.2016 (Sunday) for exchange of Withdrawn Old Series (WOS) of bank notes in denominations of Rs. 500/- and Rs. 1000/- with new currency/ prevalent notes, and for opening SB Counters. 

2. The Head Post Offices should arrange for drawal of sufficient cash from the linked Banks in advance. The purpose of keeping the Post Offices open on 13.11.2016 is specifically for exchange of WOS notes with the new/prevalent ones and opening SB counters and not for other operations. Sufficient number of counters should be operationalized to avoid any kind of inconvenience to the public. The information about availability of cash for exchange purpose may be displayed on the notice board of respective Post Offices well in advance. This may also be widely published through the press. Requirement of staff shall be as per local assessment.

3. A compliance report in this regard may be sent to this Directorate by 1100 hrs of 15.11.2016 on email id po@indiapost.gov.in

Sd-
(M. S. Rana)
ADG (PO)

1 comment:

  1. Drawal of cash from Banks has been a matter of great concern for HOs and SOs.Some Banks traet Post office staff as formal customer in cash dealings and allowing funds as per their whims and fancies. They often forget that POs spread over the rural places of the entire nation cal play a vital role in the process this purification of our economy. Eventhough Pos are working on Sundays/Holidays, functioning is not in full swing due to poor financing by Banks. Issuing Orders is not enough but we have to ensure provision of fund as per requirement of POs. If necessary, PO Heads of Circles/or Directorate should meet RBI authorities and get some amount pooled to HOs for further distribution to SOs also. In many offices bank drawings will be completed only by 11 am and the received cash will exhaust by 1pm or 2pm and after that the public approaching POs have to go back without exchanging their WOS bank notes. Immediate steps to be taken to improve the funding system to POs

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