National Savings at Glance
in Siwan District
National Savings as a department was formed in 1967
in Bihar, In Siwan district it established on 26 Jan, 1975 From that year it is
functioning for better performance.
The main moto of National Savings department is to promote
savings attitude to the people and the main theme of our department is " AAJ KI
BACHAT- KAL KI MUSKAN" and " SAVE TODAY FOR SAFE TOMORROW"
Main functions
of our department through employee is -
(i)
To review the position of investment through
the Agent's
(ii)
Block level meeting with the Agent's
(iii)
Appointment and renewal of authority to the Agent's
(iv)
Make Co-ordination with the post offices.
(v)
Observation of postal materials in different
post offices which linked with investment.
(vi)
To Promote small savings scheme in different post
offices and other human beings.
There
are three Agency system to promote post offices small savings Schemes -
(i)
S.A.S - standard Agency system
(ii)
P.P.F - Public Provident fund
(iii)
M.P.K.B.Y - Mahila Pradhan Kshetriya Bachat Yojana.
A female agent can obtain all the three agencies,
while a male agent can have only first two. At present in siwan district the number
of Agent's are -
(i)
S.A.S. - 431
(ii)
P.P.F.- 1
(iii)
M.P.K.B.Y- 180
Post office
savings schemes and its Properties :-
|
Sl. No
|
Name of Schemes
|
Properties
|
Rate of Interest
|
|
1
|
Savings Accounts
|
No. of A/C that can be opened one in each post offices Maximum Balance
Single A/C - 1 Lack
Joint A/C - 2 Lack
|
3.5%
|
|
2
|
R.D. Account
|
Without Limit Minimum Rs. 10
|
7.5%
|
|
3
|
T.D. 1/2/3/5 year Account
|
Without Limit One or More Account can be opened
|
1Y- 6.25%
2Y- 6.50%
3Y- 7.25%
5Y- 7.50%
|
|
4
|
Monthly Income Scheme Account
|
One or more A/C
Single A/C - Rs. 4.50 Lack
Joint A/C - 9 Lack
|
8%
Maturity Bonus -5%
|
|
5
|
P.P.F 15 Year A/C
|
Rs. 70000 Maximum and Rs. 500 Minimum in One F.Y
|
8% (Compounded Yearly)
|
|
6
|
Senior Citizens savings Account 5Year A/C
|
Maximum - 15 Lack
Single or Joint A/C
|
9%
(Payable Quartly)
|
|
7
|
Kishan Vikash Patra
|
No limit to be issued to individuals
|
8.4% (Compounded)
|
|
8
|
6th Year N.S.C
|
No limit to be issued to individuals
|
8.16% (Compounded)
|
Target's - and achievements for previous three Year's -
|
Year's
|
Target's
|
Net Deposit
(Figure are in Crore)
|
|
F.Y- 2005-06
|
140.00
|
87.11
|
|
F.Y- 2006-07
|
140.00
|
65.46
|
|
F.Y- 2007-08
|
70.00
|
38.40
|
The Central government gives 100% long term loan on
net deposit to the states in every financial year.
Over all the role of national savings department is
very important for developing state like Bihar. It full fill the requirements of
more revenue to develop the infrastructure of our state.
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