PAYMENT OF DEARNESS ALLOWANCE TO GRAMIN DAK SEVAKS (GDS) EFFECTIVE 01.01.2018 ONWARDS-REG.

PAYMENT OF DEARNESS ALLOWANCE TO GRAMIN DAK SEVAKS (GDS) EFFECTIVE 01.01.2018 ONWARDS-REG.

GDS Monthly Salary For Assistant Branch Post Master

Written By Admin,PoTools on Apr 16, 2018 | 9:46 AM

we all know that the GDS Committee Report is in final stage, within few days it will come to the Department of Post and Implementation process will start (GDS Committee Report Status – Confirmed). It ascertained that all the Gramin Dak Sevak of Department of Post that this process must be processed within may 2018 because if the cabinet approved the said report within April 2018 then we expect the enhanced salary with the salary of may 2018. As per the secretary of Post Shri A. N. Nanda said, Department will take time as less as possible.

GDS Monthly Salary For Assistant Branch Post Master

Here another expected “GDS Monthly Salary for Assistant Branch Post Master” with only Basic Pay and DA because the source said department has no intention to cut the prescribe salary recommended by GDS Pay Committee 2016 (Kamalesh Chandra Committee). There may be huge changes for allowances and other facilities like SDBS, CWF, Severance amount etc. recommended by GDS Pay Committee 2016.

GDS Monthly Salary may be various as because there will be 31 stages and two levels, according to the GDS Pay committee GDS will be divided into Branch Post Master, Assistant Branch Post Master and Dak Sevak and there will be Level I and Level II for each category. GDS Pay Committee has recommended that the GDS grade will be counted with their service experience like 12, 24 and 36 years service.

As per GDS Pay Committee report the minimum basic pay will be 10,000/- for Level 1 ABPM or Dak Sevak and 12,000/- for Level 2 ABPM ot Dak Sevak. It will be affected from 1st January 2016. The Committee also introduces 3% yearly increment with their basic pay.

Up to 12 Years Service, there will no additional increment GDS can normally get two increment with their basic pay.

for ABPM Level 1
Basic Pay : 10,000/-
Increment : 600/-
DA : 742/-

=================

Total : 11,342/- 

[Note : this pay only for base on Committee recommendation and addition 7% DA. As the present DA rate of CG Employee is 7%. Click Here to download present DA order]

up to 24 Years Service, there will two additional increment, GDS can normally get two increment with their pay.

for ABPM Level 1(Grade I GDS)

Basic Pay : 10,000/-

Increment : 1,200/-

DA : 784/-

=================

Total : 11,984/- 

[Note : this pay only for base on Committee recommendation and addition 7% DA. As the present DA rate of CG Employee is 7%. Click Here to download present DA order]

up to 36 Years Service, there will four additional increment, GDS can normally get two increment with their pay.

for ABPM Level 1(Grade II BPM)

Basic Pay : 10,000/-

Increment : 1,800/-

DA : 826/-

=================

Total : 12,626/- 

[Note : this pay only for base on Committee recommendation and addition 7% DA. As the present DA rate of CG Employee is 7%. Click Here to download present DA order]

Above 36 Years Service, there will four additional increments; GDS can normally get two increments with their pay.

for ABPM Level 1(Grade III BPM)

Basic Pay : 10,000/-

Increment : 2,400/-

DA : 868/-

=================

Total : 13,268/- 

[Note : this pay only for base on Committee recommendation and addition 7% DA. As the present DA rate of CG Employee is 7%. Click Here to download present DA order]

Assistant Branch Post Master or Dak Sevak Level 2 will get minimum 12,000/- with two normal increment (01.01.2017 & 01.01.2018) and senior ABPM will get Two Additional Increments.

Up to 12 Years Service, there will no additional increment GDS can normally get two increments with their pay.

for ABPM Level 2

Basic Pay : 12,000/-

Increment : 720/-

DA : 890/-

=================

Total : 13,620/- 

[Note : this pay only for base on Committee recommendation and addition 7% DA. As the present DA rate of CG Employee is 7%. Click Here to know download present DA order]

Up to 24 Years Service, there will two additional increments; GDS can normally get two increments with their pay.

for ABPM Level 2 (Grade I BPM)

Basic Pay : 12,000/-

Increment : 1,440/-

DA : 941/-

=================

Total : 14,381/- 

[Note : this pay only for base on Committee recommendation and addition 7% DA. As the present DA rate of CG Employee is 7%. Click Here to download present DA order]

Up to 36 Years Service, there will four additional increment, GDS can normally get two increment with their pay.

for ABPM Level 2(Grade II BPM)

Basic Pay : 12,000/-

Increment : 2,160/-

DA : 991/-

=================

Total : 15,151/- 

[Note : this pay only for base on Committee recommendation and addition 7% DA. As the present DA rate of CG Employee is 7%. Click Here to download present DA order]

Above 36 Years Service, there will four additional increments; GDS can normally get two increments with their pay.

for ABPM Level 2(Grade III BPM)

Basic Pay : 12,000/-

Increment : 2,880/-

DA : 1,042/-

=================

Total : 15,922/- 

[Note : this pay only for base on Committee recommendation and addition 7% DA. As the present DA rate of CG Employee is 7%. Click Here to download present DA order]

Note : Increment has been taken 3%*2 for below 12 service, 3%*4 12 years and above, 3%*6 24 years and above and 3%*8 36 years and above.

Calendar of Departmental Examination scheduled to be held in the year 2018-19

300% rise in deposits in 2 years, 23 lakh accounts opened in 2018 in A.P. Circle

The Financial Resolution and Deposit Insurance (FRDI) Bill, 2017, seems to have a positive impact on the Postal department, if the increase in the total deposits in post offices across the Andhra Pradesh Circle in the last two years is any indication. People are apparently switching over to Postal service from commercial banks fearing flight of their savings.

The total deposits touched ₹16,132.28 crore in 2017-18 against ₹14,947.24 crore in 2015-16 financial year. The net deposits stood at ₹2031.78 crore in the last fiscal compared with ₹507.13 crore in 2015-16. The number of accounts being opened in the post offices has also increased considerably. Five lakh accounts were opened during 2017-18 financial year alone.

Though the Postal department did not conduct any study on the reasons for the ‘impressive growth in accounts and revenue’, senior officials, in private, say that the FRDI Bill is one of the factors, apart from attractive schemes. The number of term deposits increased to 7,09,642 in 2017-18 from 4,46,837 in 2015-16, they point out.

Bank reserves hit

On the other hand, bank officials also say that the proposed FRDI Bill has affected their cash reserves as customers, in general, preferred to withdraw cash from their accounts. “People seem to have developed some apprehensions about parking their funds in banks in the light of the FRDI Bill. They are looking for alternative investment avenues,” opines a senior official of Andhra Bank, who didn’t want to be quoted.

When contacted, Assistant Postmaster General (APMG) Jaffer Sadiq says post office deposits have been attracting incremental inflows. On an average, 1.9 lakh accounts were opened per month during the last fiscal. The figure rose to 2.8 lakh per month if the period from January to March 2018 is considered. A total of 22.77 lakh accounts were opened during the last fiscal, he says.

As many as 13,83,579 new savings bank accounts have been added in the last two years taking the total to 62.83 lakh accounts in 2017-18 as against 49 lakh in 2015-16, says Mr. Sadiq.

Except recurring deposits and monthly income scheme (MIS), all other major schemes have recorded a positive growth. A huge number of RDs and MIS accounts matured during the last two years, hence the negative growth. The interest rate on RD and MIS was reduced to 6.9% and 7.3% respectively in 2017-18 from 8.4% in 2015-16, he adds.

Charges for Aadhaar Services in Post Office

Charges for Aadhaar Services in Post Office

Post Office Saving Bank Interest ratesOffice Interest rates

1) Recurring Deposit(Qly Comp)

01.03.2003 7.50% Rs.728.90

01.12.2011 8.20% Rs.738.62

01.04.2012 8.40% Rs.746.51

01.04.2013 8.30% Rs.744.53

01.04.2014 8.40% Rs.746.53 

01.04.2015 8.40 % Rs.746.53

01.04.2016 7.40% Rs.726.97

01.07.2016 7.40 % Rs.726.97

01.10.2016 7.30% Rs.725.05

01.04.2017 7.20% Rs.723.14

01.07.2017 7.10% Rs.721.23

01.12.2017 6.90% Rs.718.00

01.01.2018 6.90% Rs.718.00

2) Time Deposit (Qly Compd.)

1TD/2TD/3TD/5TD

01.03.2003 6.25/6.50/7.25/7.50%

01.12.2011 7.70/7.80/8.00/8.30%

01.04.2012 8.20/8.30/8.40/8.50%

01.04.2013 8.20/8.30/8.40/8.50%

01.04.2014 8.40/8.40/8.40/8.50%

01.04.2015 8.40/8.40/8.40/8.50%

01.04.2016 7.10/7.20/7.40/7.90%

01.07.2016 7.10/7.20/7.40/7.90%

01.10.2016 7.00/7.10/7.30/7.80%

01.04.2017. 6.90/7.00/7.20/7.70%

01.07.2017. 6.80/6.90/7.10/7.60%

01.12.2017. 6.60/6.70/6.90/7.40%

01.01.2018. 6.60/6.70/6.90/7.40%

3) Monthly Income Scheme 

01.03.2003 8.00% 6yrs

01.12.2011 8.20% 5yrs

01.04.2012 8.50% 5yrs

01.04.2013 8.40% 5yrs

01.04.2014 8.40% 5yrs

01.04.2015 8.40% 5yrs

01.04.2016 7.80% 5yrs

01.07.2016 7.80% 5yrs

01.10.2016 7.70% 5yrs Payable mly 

01.04.2017 7.60% 5yrs

01.07.2017 7.50% 5yrs

01.12.2017 7.30% 5yrs

01.01.2018 7.30% 5yrs

4) SCSS'2004

02.08.2004 9.00%

01.12.2011 9.00%

01.04.2012 9.30%

01.04.2013 9.20%

01.04.2014 9.20% 

01.04.2015 9.30%

01.04.2016 8.60%

01.07.2016 8.60%

01.10.2016 8.50% Payable Qly

01.04.2017. 8.40%

01.07.2017. 8.30%

01.12.2017. 8.30%

01.01.2018. 8.30%

5) PPF(Yly Comp)

01.12.2011 8.60%

01.04.2012 8.80%

01.04.2013 8.70%

01.04.2014 8.70% 

01.04.2015 8.70%

01.04.2016 8.10%

01.07.2016 8.10%

01.10.2016 8.00% 

01.04.2017 7.90%

01.07.2017. 7.80%

01.12.2017. 7.60%

01.01.2018. 7.60%

6)NSC(VIIIth Issue)5yrs(Yly comp)

01.03.2003 8.00% Rs.160.10 6yrs

01.12.2011 8.40% Rs.150.90 5yrs

01.04.2012 8.60% Rs.152.35 5yrs

01.04.2013 8.50% Rs.151.62

01.04.2014 8.50% Rs.151.62 

01.04.2015 8.50% Rs.151.62

01.04.2016 8.10% Rs.147.61

01.07.2016 8.10% Rs.147.61

01.10.2016. 8.00% Rs.146.93 

01.04.2017. 7.90% Rs.146.25

01.07.2017. 7.80% Rs.145.58

01.01.2018. 7.60%

7)NSC(IXth Issue)10yrs(HYly comp)

01.12.2011 8.70% Rs.234.35 10yrs

01.04.2012 8.90% Rs.238.87 10yrs

01.04.2013 8.80% Rs.236.60 

01.04.2014 8.80% Rs.236.60 

01.04.2015 8.80% Rs.236.60 

8) Kisan Vikas Patra(Yly Comp)

01.03.2003 8.40% 8yrs7mth 

01.12.2011 8.70% 8yrs4mth 

01.04.2016 7.80% 9yrs2mth

01.07.2016 7.80% 9yrs2mth

01.10.2016 7.70% 9yrs4mth

01.04.2017 7.60% 9yrs5mth

01.07.2017 7.50%. 9yrs7mth

01.12.2017 7.30%. 9yrs10 mth

01.01.2018 7.30%. 9yrs10 mth

9) Sukanya Samriddhi Account

01.04.2014 9.10% Yly Comp.

01.04.2015 9.20% Yly Comp.

01.04.2016 8.60% Yly Comp.

01.07.2016 8.60% Yly Comp.

01.10.2016 8.50% Yly Comp.

01.04.2017 8.40% Yly Comp

01.07.2017 8.30% Yly Comp

01.12.2017 8.10% Yly Comp

01.01.2018 8.10% Yly Comp

Andhra Pradesh Circle MTS Direct Recruitment for the year 2016-17 : Notification

CLICK HERE TO VIEW & DOWNLOAD NOTIFICATION

Terms and conditions of engagement of GDS

a) Tenure: Tenure of engagement is two years and there after extendable by one year, subject  to satisfactory performance.

b) Probation: GDS as Territory Officer shall be placed on probation for a period of three months during which the performance will be monitored with a view to determine their suitability as a Territory Officer. If not found suitable, the GDS may be repatriated.

c) Leaves: GDS as Territory Officer at IPPB shall be guided by the existing Leave Rules provided in the GDS Conduct & Engagement Rules, 2011. However, due payment of leave period shall be made by IPPB.

d) GDS on contractual hiring by IPPB will be treated on duty for his/her entire period of ad hoc engagement in IPPB. The ad hoc engagement with IPPB will be counted as service rendered in GDS post for the purpose of seniority, annual increase and determining discharge benefits in the GDS post. The GDS selected for engagement with IPPB may handover the BO accommodation to the provisional appointee till his/her period of engagement with IPPB.

e) Performance Appraisal: 

The appraisal of the engaged GDS will be carried out at the end of each Financial Year  and will be done by the Reviewing / Reporting/ Accepting Authorities as decided by the Managing Director/ CEO of India Post Payments Bank Ltd. provided the engaged GDS have completed a minimum of 3 months’ tenure in a financial year at India Post Payments Bank Ltd.

The format of appraisal will be designed and maintained by IPPB. 

Whenever demanded by DoP, IPPB shall provide performance reports in respect of the GDSs who are engaged in IPPB on ad hoc basis.

DoP may utilize appraisal reports shared by IPPB for its own records.

f) Code of Conduct: A GDS engaged shall continue to be governed by the GDS (Conduct and Engagement Rules) 2011. In case a GDS engages in misconduct during his/her tenure at IPPB, IPPB will raise the issue with concerned authority at DoP and suitable action, including repatriation, may be undertaken as per applicable rules.

g) During repatriation, IPPB shall transfer all records and evidence of the misconduct of the GDS (if any) to the parent organization. 

h) GDS should clearly know that this temporary arrangement does not confirm on him any right for regular absorption in the IPPB which will be done under the existing recruitment rules only.

i) In all matters relating the conditions of service in the bank not covered in the above-mentioned clauses, the GDS hired on contract at IPPB shall be covered by the rules, regulations and orders of IPPB.

j) The above-mentioned terms and conditions will be applicable till GDS remains engaged with the bank. On reversion from engagement, he / she will be governed by relevant rules as laid down by DoP.

k) IPPB shall reimburse the proportionate discharge benefits including DoP subscription to NPS etc. to DoP for the period for which the GDS serves at IPPB. This reimbursement shall be made every year at the end of 31 March.

 Terms and conditions of engagement of GDS

a) Tenure: Tenure of engagement is two years and there after extendable by one year, subject  to satisfactory performance.

b) Probation: GDS as Territory Officer shall be placed on probation for a period of three months during which the performance will be monitored with a view to determine their suitability as a Territory Officer. If not found suitable, the GDS may be repatriated.

c) Leaves: GDS as Territory Officer at IPPB shall be guided by the existing Leave Rules provided in the GDS Conduct & Engagement Rules, 2011. However, due payment of leave period shall be made by IPPB.

d) GDS on contractual hiring by IPPB will be treated on duty for his/her entire period of ad hoc engagement in IPPB. The ad hoc engagement with IPPB will be counted as service rendered in GDS post for the purpose of seniority, annual increase and determining discharge benefits in the GDS post. The GDS selected for engagement with IPPB may handover the BO accommodation to the provisional appointee till his/her period of engagement with IPPB.

e) Performance Appraisal: 

The appraisal of the engaged GDS will be carried out at the end of each Financial Year  and will be done by the Reviewing / Reporting/ Accepting Authorities as decided by the Managing Director/ CEO of India Post Payments Bank Ltd. provided the engaged GDS have completed a minimum of 3 months’ tenure in a financial year at India Post Payments Bank Ltd.

The format of appraisal will be designed and maintained by IPPB. 

Whenever demanded by DoP, IPPB shall provide performance reports in respect of the GDSs who are engaged in IPPB on ad hoc basis.

DoP may utilize appraisal reports shared by IPPB for its own records.

f) Code of Conduct: A GDS engaged shall continue to be governed by the GDS (Conduct and Engagement Rules) 2011. In case a GDS engages in misconduct during his/her tenure at IPPB, IPPB will raise the issue with concerned authority at DoP and suitable action, including repatriation, may be undertaken as per applicable rules.

g) During repatriation, IPPB shall transfer all records and evidence of the misconduct of the GDS (if any) to the parent organization. 

h) GDS should clearly know that this temporary arrangement does not confirm on him any right for regular absorption in the IPPB which will be done under the existing recruitment rules only.

i) In all matters relating the conditions of service in the bank not covered in the above-mentioned clauses, the GDS hired on contract at IPPB shall be covered by the rules, regulations and orders of IPPB.

j) The above-mentioned terms and conditions will be applicable till GDS remains engaged with the bank. On reversion from engagement, he / she will be governed by relevant rules as laid down by DoP.

k) IPPB shall reimburse the proportionate discharge benefits including DoP subscription to NPS etc. to DoP for the period for which the GDS serves at IPPB. This reimbursement shall be made every year at the end of 31 March.

GDS Pay Commission Latest Update 04.04.2018: Kamalesh Chanra Committee report is currently awaiting approval from Government of India

Written By Admin,PoTools on Apr 4, 2018 | 5:28 PM

The recommendations of Kamalesh Chandra Committee are currently  under the Approval within the Government. Once approval is obtained, it will be implemented. Communication Minister told Parliament today

How to use Rural ICT BO Device?

How to use Rural ICT BO Device?

Written By Admin on Apr 3, 2018 | April 03, 2018

Latest Position on GDS Pay Committee

Latest Position on GDS Pay Committee

Written By Admin on Apr 2, 2018 | April 02, 2018

Latest position on GDS Committee: Finance ministry has approved the proposal and will reach MOC mostly tomorrow. Within 3-4 days it will go to Cabinet for approval and implementation.

G.V.K.G.RAMAIAH

Account Opening Procedure in RICT Devices

Account Opening Procedure in RICT Devices

Written By Admin on Mar 31, 2018 | March 31, 2018

Below video clearly explaining about account opening process in RICT Devices by the GDS BPM.

G.D.S.COMITTEE LATEST ROPOR4T

 DEAR COMARADE                                                                                                                                                         FINANCE MINISTAR APPROED GDS COMMITTEE CABINET NOTE  JUST NOW  IT WILL BE SENT  TO CABINET WITHIN TWO OR THREE DAYS                                                                             G.V.K.G.RAMAIAH

DECLARATION FORM FOR NEW MEMBER

DECLARATION FORM FOR NEW MEMBER

No Business day for POSB i.e Finacle and RICT

W

As per CEPT reports, all menus in Finacle are already disabled and link for RICT is also down till 23:59 tonight (02.04.2018) in connection with year end closing.

India Post Offers doorstep banking - Postmen, GDS to get complete makeover

Written By Admin,PoTools on Apr 2, 2018 | 7:03 AM

Banking with convenience : IPPB

• India Post Payments Bank Offers Savings and Current Account 
• IPPB Facilitates internet and mobile banking 
• Biomatric Cash Deposit / withdrawals 
• Electricity bill payments, mobile recharge, DTH, Insurance premium 
• Doorstep banking through postmen and Branch Post Master in rural Areas