Post Office Application for automatic transfer from SB to RD
Post Office Application for automatic transfer from SB to RD Download
The provided document is Form SB-83 from the Department of Posts, India Post (p. 1). It serves as a Standing Instruction (SI) mandate to automate fund movements within your postal accounts (p. 1). [1]
Key Purpose of Form SB-83
- Auto-Debit (SB to RD): It authorizes the automatic monthly transfer of a specified sum from your Post Office Savings Account (SB) to your Recurring Deposit (RD) account(s) (p. 1).
- Auto-Credit (Interest to SB): It allows automatic routing of monthly, quarterly, or yearly interest earned from MIS, SCSS, or TD accounts directly into your Savings Account (p. 1).
Essential Details Required in the Form
- Recipient Details: The name of the specific Post Office branch and its Postmaster (p. 1).
- Account Information: Explicit fields for your PO Savings Account number, target RD account numbers, and the name of the depositors (p. 1).
- Financial Details: The exact monthly debit amount, the denomination value of the RD, and the total consolidated sum (p. 1).
- Relationship Eligibility: Allows auto-credits to an RD standing in your own name, your spouse’s name, or a dependent child’s name (p. 1).
- Enclosures: Physical passbooks of all relevant accounts (Savings and RD/MIS/SCSS/TD) must be enclosed alongside the submission (p. 1).
- Legal Declaration: A signed confirmation stating you agree to the conditions listed under the POSB Manual and its binding amendments (p. 1).
Post Office Application for automatic transfer from SB to RD Download
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