SB ORDER 05 /2024 dtd 21.08.2024
01. Regularisation of SSA opened by Grand parents , other
than Guardians.
a) The SSA account can be
opened under the guardian ship of natural guardian or legal guardian only.
b) If any SSA accounts
opened under the guardianship of grand parents, these accounts will come under
this category.
c) The guardianship of
such accounts shall be transferred either to natural or to legal guardian .
d) The account shall be
continued after the change of the guardianship from the grandparents.
e) If more than 2
accounts opened in a family then the account opened after the eligible 2 will
be closed and no interest will be paid.
f) So , the counter PAs
must be careful at the time of opening of SSA accounts.
02. As the regularization
will be performed by the MoF , the request must be sent to Directorate .
03. Before sending such
proposal to the Directorate, obtaining PAN and Aadhar details made mandatory.
04. It is our foremost
duty to identify such accounts and brought to the notice of the administration
for regularization.
05. After getting concurrence from the MoF, only the Post Offices can settle those accounts opened irregularly.
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