Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Deposit of old demonetized notes of Rs. 500 and Rs. 1000 in Small Savings Scheme

 Notice Date : 23 November 2016

F.No. 1/04/2016-NS.II
Ministry of Finance
Department of Economic Affairs
(Budget Division)

North Block, New Delhi
Dated 23.11.2016


1. The Chief general Manager
Reserve Bank of India
Department of Government and Bank Accounts
Central Office, Byculla Office Building
4th Floor, Opposite Mumbai Central Railway Station
Byculla, Mumbai-400008

2. The Deputy Director
Department of Posts
Dak Bhawan, Sansad Marg, New Delhi

3. The Joint Director & HOD
Natinal Savings Institute
ICCW Building
4, Deen Dayal Upadhyay Marg
New Delhi-110003

Subject: Deposit of old demonetized notes of Rs. 500 and Rs. 1000 in small Savings scheme.


In pursuance of this Ministry’s OM of even no. dated 22.11.2016,   on the subject. I am directed to clarify that the deposits into Post Office Savings Accounts are excluded from the bar imposed therein.

2. This has the approval of Secretary (Economic Affairs).

Yours faithfully

(Padam Singh)
Regional Director (Sr.)
Tele. No. – 011-23095155


on 24 November 2016
Notification No : 1/04/2016-NS.II
Published in Others
Source : ,

CAclubindia's WhatsApp Groups Link

Submit Notifications
Follow us
Course 2023 Course 2023