Wednesday, November 9, 2016

SB Order 12/2016 - WOC Rs.500/- & Rs.1000/- Denominations

November 9th, 2016 shall be a non-business day for all Post Offices

ATMs will be configured  to disburse Rs.100/- and Rs.50/- denominations (maximum Rs.2000/- per day per card)

From 10th November, 2016 

HOs / SOs can accept deposits of WOS bank notes in individuals' own POSB Accounts without any upper limit and  exchange  up to an aggregate amount of Rs.4000/- per person against production of valid identity proof

B Os shall only accept deposits in individuals' own POSB Accounts

Withdrawal of by cheque / withdrawal slip will be restricted to Rs.10000/- per day at HO/SO and Rs.5000/- at BO up to 24th November, 2016 with maximum of Rs.20000/- per week

Click below link to Download in PDF format : Download

Download annexure in PDF format : Download

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