F.No. 1/04/2016-NS.II
Ministry of Finance
Department of Economic Affairs
(Budget Division)
North Block, New Delhi
Dated 23.11.2016
To
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.
Sir,
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
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Notification No : 1/04/2016-NS.IIPublished in Community & General