RTI replies for related POSB Products /GDS BPM related and Commission @ RTI

RTI replies for related POSB Products /GDS BPM related. 

No.SB/60-1/1/RTI 2019/MA dt at Madurai-625002 the 05.03.2021

Sub: Furnishing information under RTI  Act 2005-reg
Ref: Your RTI Appeal application dt 05.02.2021 received at the office on 09.02.2021.

        Please refer to the RTI application cited above for furnishing information under the provision of RTI Act 2005. The information sought for is furnished below.

Point No	Information Sought	Reply
1	Whether PPF subscription paid statement for the period from March 2020 to Feb 2021 is issued by Post Offices?	Yes
2	Whether any fee is to be paid for getting statement?	Yes. Rs.20/- + 18%GST
3	Whether account statement will be given only for financial year?	NO
4	Who is ther authorized person for issuing account statement?	Postmaster/Sub Postmaster of concerned Head Post Office/Sub Post Offices.
5	Whether TD account can be opened at BO?	Yes
6	What is the rate of interest for RD/TD Accounts?	Rate of interest (From 01.01.2021 to 31.03.2021) for RD-5.8% 1/2/3 Years TD-5.5% 5 Year TD -6.7%
7	Whether RD /TD Accounts Can be opened by authorized agents?	Yes.
8	What is the commission for authorized agents?	For MPKBY agents 4% of deposited RD principal amount.   For SAS agents 0.5% of principal amount.
9	What is the commission for RD/TD accounts opened by BPM’s?	No Commission for RD accounts opened by BPM’s For TD accounts opned by BPM’s commission is as below 1 year TD 0.5% 2/3 year TD 1% 5 year TD 2%
10	What is the commission for RD/TD accounts opened by substitute BPM’s(outsiders)?	No commission for RD/TD accounts opened by substitute BPM’s (outsiders)
11	Whether RPLI/PLI premium paid in BO’s?	RPLI/PLI premium can be paid at BO’s through DARPAN device.
12	What is period for sanctioning TD Bills for PA’s?	Subject to the fund availability.