Wednesday, September 5, 2018

India Post Payments Bank interest rates, facilities in 10 points


The India Post Payments Bank (IPPB) will be like any other bank but its operations will be on a smaller scale without involving any credit risk.

A look at some of the facilities provided by the IPPB:

1. India Post Payments Bank accounts can be opened instantly through their respective mobile apps just by providing details like Aadhar number with KYC verification.

2. Doorstep banking service is one of the most distinct features of the IPPB, making it very accessible. The IPPB’s doorstep banking facility will offer the following services: account opening; cash deposits/withdrawals; money transfers; recharge and bill payments; third-party services like insurance, loans and investments; and other account-related services like updating PAN/nomination details, requesting account statement, and issuing standing instructions.

3. India Post Payments Bank doesn’t charge any fee for withdrawals made from its own ATM or any Punjab National Bank ATM.

4. India Post Payments Bank will offer 4 per cent interest rate in savings accounts.

5. India Post Payments Bank can offer forex services at charges lower than banks.

6. Most banks levy a charge in case one fails to hold a minimum balance in the account. In the case of the IPPB, there is no need to maintain a minimum quarterly average balance.

7. QR card is another service the IPPB is offering. With the help of a QR card, you can access your bank account and make transactions without having to remember the account number. All transactions will be authenticated via biometric verification.

8. India Post Payments Bank offers a free debit card with annual maintenance fee of Rs 100 from the second year.

9. India Post Payments Bank is expected to reach customers mainly through their mobile phones rather than traditional bank branches.

10. The IPPB has teamed up with financial services providers like PNB and Bajaj Allianz Life Insurance for third-party products like loans and insurance.

Prime Minister Narendra Modi on 1 September 2018 launched the payments bank of the Department of Posts that will take banking to the doorstep of every citizen through an unmatched network of post offices and almost 3 lakh postmen and ‘Grameen Dak Sewaks’.

IPPB services are now available at 650 branches and 3,250 access points and will be quickly scaled to all 1.55 lakh post offices by December 2018.


Tuesday, September 4, 2018

Resolution - 15 : Regarding reorganization of Sub Divisions.


No. CHQ/AIAIASP/CWC-Reso/15/2018                                                                   Dated 03.09.2018.
To,
The Secretary Posts,
Department of Posts
Dak Bhawan, Sansad Marg,
New Delhi-110001.

Subject :   Regarding reorganization of Sub-Divisions.

Respected Sir,

                The CWC meeting of ALL India Association of Inspectors and Assistant Superintendents Posts was held at Ranchi on 17th and 18th August 2018 and above subject was discussed in detail. After discussion, following  resolution was passed unanimously by the house in the said CWC meeting.

                “Central Working Committee at Ranchi unanimously resolved to request Secretary (P) to have a revised workload norms for Sub-Division establishment considering present workload scenario and to consider  reorganization of Sub-Divisions”.

                It is therefore requested to kindly consider the resolution in the interest of service to enhance the productivity and efficiency in quality of service.

                We hope that an early action will be taken by the department.

                                                                                                                                                                Yours Sincerely

                                                                                                                                                                (Rajiv Kumar)
                                                                                                                                                                General Secretary

Resolution - 14 : Regarding withdrawal of provision of Money Order Payment verfication.


No. CHQ/AIAIASP/CWC-Reso/14/2018                                                   Dated : 03.09.2018.         
To,
The Secretary Posts,
Department of Posts
Dak Bhawan, Sansad Marg,
New Delhi-110001.

Subject :   Regarding withdrawal of provision of Money Order Payment verification.

Respected Sir,

                The CWC meeting of ALL India Association of Inspectors and Assistant Superintendents Posts was held at Ranchi on 17th and 18th August 2018 and above subject was discussed in detail. After discussion, following  resolution was passed unanimously by the house in the said CWC meeting.

                “Remittance of Money through MO/eMO has now come down drastically as there are availability of various other modes of remitting money. Therefore, it is difficult to find out required number of paid MOs for verification of MO payments as prescribed. Therefore, Central Working Committee at Ranchi unanimously resolved to request Secretary (P) to withdraw the provision of MO Payment verification.”

                It is therefore requested to kindly consider the resolution in the interest of service to enhance the productivity and efficiency in quality of service.

                We hope that an early action will be taken by the department.

                                                                                                                                                                Yours Sincerely

                                                                                                                                                                (Rajiv Kumar)
                                                                                                                                                                General Secretary




Resolution - 13 : Regarding provision of office assistant of Sub Divisional Offices.


No. CHQ/AIAIASP/CWC-Reso/13/2018                                                                   Dated 03.09.2018.
To,
The Secretary Posts,
Department of Posts
Dak Bhawan, Sansad Marg,
New Delhi-110001.

Subject :   Regarding provision of office assistant to Sub Divisional Offices.

Respected Sir,

                The CWC meeting of ALL India Association of Inspectors and Assistant Superintendents Posts was held at Ranchi on 17th and 18th August 2018 and above subject was discussed in detail. After discussion, following  resolution was passed unanimously by the house in the said CWC meeting.

                “The work load on Sub Divisional Head has been tremendously increased with the introduction of new services and launch of new products/business and technology implementation at grass root level at Branch Post offices. There is requirement of a clerical assistance to Sub Divisional head to cope up with the ever increasing burden. Therefore, Central Working Committee at Ranchi unanimously resolved to request Secretary (P) to consider provision of at least one post of Office Assistant in Sub-Divisional Offices to assist the Sub Divisional Head”.

                It is therefore requested to kindly consider the resolution in the interest of service to enhance the productivity and efficiency in quality of service.

                We hope that an early action will be taken by the department.

                                                                                                                                                                Yours Sincerely

                                                                                                                                                                (Rajiv Kumar)
                                                                                                                                                                General Secretary

Resolutin - 12 : Regarding allotment/ re- allotment of PSS Gr. B officers and quashing of personnel Division Letter No. 9-23/2014-SPG dated 18.05.2018.


No. CHQ/AIAIASP/CWC-Reso/12/2018                                                                   Dated 03.09.2018.
To,
The Secretary Posts,
Department of Posts
Dak Bhawan, Sansad Marg,
New Delhi-110001.

Subject :   Regarding allotment/re-allotment of PSS Gr. B officers and quashing of Personnel Division Letter No. 9-23/2014-SPG dated 18.05.2018 in this regard.

Respected Sir,

                The CWC meeting of ALL India Association of Inspectors and Assistant Superintendents Posts was held at Ranchi on 17th and 18th August 2018 and above subject was discussed in detail. After discussion, following  resolution was passed unanimously by the house in the said CWC meeting.

                “Central Working Committee at Ranchi unanimously resolved to request Secretary (P) to revisit the revised guidelines for allotment/re-allotment of Postal Service Group ‘B’ Officers from one Circle/Unit to other Circle/Unit issued vide Personnel Division Letter No.9-23/2014-SPG dated 18-05-2018 to relax the norm of three years for consideration of re-allotment and for special relaxation for those who shall be posted N-E Region. Further, the CWC unanimously resolved to request Secretary (P) to consider for allotment of Postal Service Group ‘B’ Officers in same Circle if the Posts in Home Circle are lying vacant and no other officer is there for repatriation.”

                It is therefore requested to kindly consider the resolution in the interest of service to enhance the productivity and efficiency in quality of service.

                We hope that an early action will be taken by the department.

                                                                                                                                                                Yours Sincerely

                                                                                                                                                                (Rajiv Kumar)
                                                                                                                                                                General Secretary

Resolution - 11: Regarding early completion of GDS Recrutuitment through GDS On line Recruitment.


No. CHQ/AIAIASP/CWC-Reso/11/2018                                                                   Dated 03.09.2018.
To,
The Secretary Posts,
Department of Posts
Dak Bhawan, Sansad Marg,
New Delhi-110001.

Subject :   Regarding early completion of GDS Recruitment through GDS Online Recruitment process.

Respected Sir,

                The CWC meeting of ALL India Association of Inspectors and Assistant Superintendents Posts was held at Ranchi on 17th and 18th August 2018 and above subject was discussed in detail. After discussion, following  resolution was passed unanimously by the house in the said CWC meeting.

                “Online recruitment for GDS has not been completed in most of the Circles due to different issues. As a result a huge number of GDS Posts are lying vacant and the responsibility lies with Sub-Divisional Heads for managing the vacant Posts by combination of duties or allowing substitutes in deserving cases. A lot of difficulties are being experienced by the Sub-Divisional Heads apart from resentment among GDSs against combination of duties. Therefore, Central Working Committee at Ranchi unanimously resolved to request Secretary (P) to consider for early initiation and completion GDS recruitment preferably in all Circles at a time so that the candidates will apply for their choice Circle only.” 

                It is therefore requested to kindly consider the resolution in the interest of service to enhance the productivity and efficiency in quality of service.

                We hope that an early action will be taken by the department.

                                                                                                                                                                Yours Sincerely

                                                                                                                                                                (Rajiv Kumar)
                                                                                                                                                                General Secretary

Resolutin - 10 : Regarding correction in Inspection Questionnaire of CBS SO.


No. CHQ/AIAIASP/CWC-Reso/10/2018                                                                   Dated 03.09.2018
To,
The Secretary Posts,
Department of Posts
Dak Bhawan, Sansad Marg,
New Delhi-110001.

Subject :   Regarding correction in Inspection Questionnaire of CBS SO.

Respected Sir,

                The CWC meeting of ALL India Association of Inspectors and Assistant Superintendents  Posts was held at Ranchi on 17th and 18th August 2018 and above subject was discussed in detail. After discussion, following  resolution was passed unanimously by the house in the said CWC meeting.

                As per para-12 of Inspection Questionnaire of CBS SO issued vide Department of Posts (Inspection Unit) No.16-1/2017-inspn dated 21-08-2017, SB-46 is to be issued for all TD Accounts in “C “class offices. The time allotted for inspection of “C” Class NDSO is one day and for “C” class DSO it is two days. It is time consuming to find out the Account No., balance, full address of the TD Account holders in Finacle and issuing of SB-46 thereafter. It is, therefore, practically not possible to complete the inspection in the allotted time for “C” class SOs. Central Working Committee at Ranchi unanimously resolved to request Secretary (P) to revisit the above Inspection Questionnaire and to limit the number of TD Accounts to be verified / SB-46 to be issued in ‘C’ Class offices”.
                It is therefore requested to kindly consider the resolution in the interest of service to enhance the productivity and efficiency in quality of service.

                We hope that an early action will be taken by the department.

                                                                                                                                                                Yours Sincerely

                                                                                                                                                                (Rajiv Kumar)
                                                                                                                                                                General Secretary

Resolution - 9 : Regarding grant of Non Functional Upgradation to ASPOs


No. CHQ/AIAIASP/CWC-Reso/09/2018                                                                   Dated 03.09.2018
To,
The Secretary Posts,
Department of Posts
Dak Bhawan, Sansad Marg,
New Delhi-110001.

Subject :   Regarding grant of Non Functional Upgradation to ASPOs.

Respected Sir,

                The CWC meeting of ALL India Association of Inspectors and Assistant Superintendents  Posts was held at Ranchi on 17th and 18th August 2018 and above subject was discussed in detail. After discussion, following  resolution was passed unanimously by the house in the said CWC meeting.

                “Central Working Committee at Ranchi unanimously resolved to request Secretary (P) to cause necessary action to grant benefit of Non-Functional Upgradation in Pay Level 9 to Asst. Supdt. of Posts on completion of 4 years of regular service in the cadre from the date of joining as Asst. Supdt. of Posts as in case of Accounts Cadre and as per judgments issued on subject by various Hon’ble Courts ”.

                It is therefore requested to kindly consider the resolution in the interest of service to enhance the productivity and efficiency in quality of service.

                We hope that an early action will be taken by the department.

                                                                                                                                                                Yours Sincerely

                                                                                                                                                                (Rajiv Kumar)
                                                                                                                                                                General Secretary

Resolution - 8 : Regarding target of IPPB


No. CHQ/AIAIASP/CWC-Reso/08/2018                                                                   Dated 03.09.2018.
To,
The Secretary Posts,
Department of Posts
Dak Bhawan, Sansad Marg,
New Delhi-110001.

Subject :   Regarding target of IPPB.

Respected Sir,

                The CWC meeting of ALL India Association of Inspectors and Assistant Superintendents  Posts was held at Ranchi on 17th and 18th August 2018 and above subject was discussed in detail. After discussion, following  resolution was passed unanimously by the house in the said CWC meeting.

                “The work load on Sub Divisional Head has been tremendously increased with the introduction of new services and launch of new products/business in the Department. Central Working Committee at Ranchi unanimously resolved to request Secretary (P) not to assign any target related to IPPB to Sub-Divisional Heads as they are overloaded with other targets and there are separate Managers and Field Officers of IPPB for exclusive IPPB work. They may be utilized optimally for the purpose”.
                It is therefore requested to kindly consider the resolution in the interest of service to enhance the productivity and efficiency in quality of service.

                We hope that an early action will be taken by the department.

                                                                                                                                                                Yours Sincerely

                                                                                                                                                                (Rajiv Kumar)
                                                                                                                                                                General Secretary


Resolution - 7 : Regarding supply of desktop computer to Sub Divisional Head.


No. CHQ/AIAIASP/CWC-Reso/07/2018                                                                   Dated 03.09.2018.
To,
The Secretary Posts,
Department of Posts
Dak Bhawan, Sansad Marg,
New Delhi-110001.

Subject :   Regarding supply of desktop computer to Sub Divisional Head.

Respected Sir,

                The CWC meeting of ALL India Association of Inspectors and Assistant Superintendents  Posts was held at Ranchi on 17th and 18th August 2018 and above subject was discussed in detail. After discussion, following  resolution was passed unanimously by the house in the said CWC meeting.

                “In CSI system Sub-Divisional Heads are functioning as approver and immediate Supervisor (forwarding Authority) for certain cadres viz. Postmen and MTS for leave, GPF etc. It is now highly essential for a Sub-Divisional Office to have Sify connectivity and Desktop Computer loaded with software like Finacle, SAP etc. Therefore, Central Working Committee at Ranchi unanimously resolved to request Secretary (P) for considering supply of Desktop Computers to Sub Divisional Offices apart from the Laptop”
                It is therefore requested to kindly consider the resolution in the interest of service to enhance the productivity and efficiency in quality of service.

                We hope that an early action will be taken by the department.

                                                                                                                                                                Yours Sincerely

                                                                                                                                                                (Rajiv Kumar)
                                                                                                                                                                General Secretary


Wednesday, August 29, 2018

Resolution - 6 : Regarding reimbursement of paper bill to ASPOs.



No. CHQ/AIAIASP/CWC-Reso/06/2018                                                                    29.08.2018
To,
The Secretary Posts,
Department of Posts
Dak Bhawan, Sansad Marg,
New Delhi-110001.

Subject :   Regarding reimbursement of paper bill to ASPOs.

Respected Sir,

                The CWC meeting of ALL India Association of Inspectors and Assistant Superintendents  Posts was held at Ranchi on 17th and 18th August 2018 and above subject was discussed in detail. After discussion, following  resolution was passed unanimously by the house in the said CWC meeting.

                As per the Department of Expenditure, Ministry of Finance Office memorandum No. 25(12)/E.Coord.-2018 dated 03rd April, 2018 circulated vide Department of Posts (Establishment Division) Letter No. 34-01/2018-PAP dated 11-06-2018, Director/ Deputy Secretary / Under Secretary/ Section Officer or equivalent level of Officers are entitled for reimbursement of Rs.500/- per month towards purchase of News Paper at their residence. Asst. Supdt. of Posts in Department of Posts are of equivalent level of Section Officer in Govt. of India. Therefore, Central Working Committee at Ranchi unanimously resolved to request Secretary (P) to issue clear instruction to Circles for reimbursement of Rs.500/- per month to Asst. Supdt. of Posts towards purchase of News Paper at their residence”.

                It is therefore requested to kindly consider the resolution in the interest of service to enhance the productivity and efficiency in quality of service.

                We hope that an early action will be taken by the department.

                                                                                                                                                                Yours Sincerely

                                                                                                                                                                (Rajiv Kumar)
                                                                                                                                                                General Secretary

Resolution - 5 : Regarding writing of confidential report on RPLI proposals procured by direct agents.


No. CHQ/AIAIASP/CWC-Reso/05/2018                                                                   Dated 29.08.2018
To,
The Secretary Posts,
Department of Posts
Dak Bhawan, Sansad Marg,
New Delhi-110001.

Subject :   Regarding writing of confidential report on RPLI proposals procured by direct agents.

Respected Sir,

                The CWC meeting of ALL India Association of Inspectors and Assistant Superintendents  Posts was held at Ranchi on 17th and 18th August 2018 and above subject was discussed in detail. After discussion, following  resolution was passed unanimously by the house in the said CWC meeting.

                “Central Working Committee at Ranchi unanimously resolved to request Secretary (P) for withdrawal of instruction issued vide Postal Directorate, Financial Services Division, which directs writing of confidential report on the RPLI proposals procured by Direct Agents”.

                It is therefore requested to kindly consider the resolution in the interest of service to enhance the productivity and efficiency in quality of service.

                We hope that an early action will be taken by the department.

                                                                                                                                                                Yours Sincerely

                                                                                                                                                                (Rajiv Kumar)
                                                                                                                                                                General Secretary

Resolution - 4 : Regarding training on CBS and CSI



No. CHQ/AIAIASP/CWC-Reso/04/2018                                                                   Dated 29.08.2018
To,
The Secretary Posts,
Department of Posts
Dak Bhawan, Sansad Marg,
New Delhi-110001.

Subject :   Regarding training on CBS and CSI

Respected Sir,

                The CWC meeting of ALL India Association of Inspectors and Assistant Superintendents  Posts was held at Ranchi on 17th and 18th August 2018 and above subject was discussed in detail. After discussion, following  resolution was passed unanimously by the house in the said CWC meeting.

                Central Working Committee at Ranchi unanimously resolved to request Secretary (P) for impartation of necessary Training to Inspecting Authorities urgently to familiarize them with the tools required for inspecting CBS SOs and CSI HOs and visit to HOs/SOs/BOs as per the revised Questionnaire”.

                It is therefore requested to kindly consider the resolution in the interest of service to enhance the productivity and efficiency in quality of service.

                We hope that an early action will be taken by the department.

                                                                                                                                                                Yours Sincerely

                                                                                                                                                                (Rajiv Kumar)
                                                                                                                                                                General Secretary