Transfer of money consequent on promotion of a GDS under SDBS to a regular Dept post......

DEPARTMENT OF  POSTS:INDIA

OFFICE OF THE DIRCTOR OF ACCOUNTS (POSTAL)

MAHANADI VIHAR, CUTTACK-753004

NO: SDBS(2010)/Corr/                                                                             Dated : 30/01/2017

To

            The SSPOs/SPOs/SSRM/SRM 

Sub:- Transfer of money consequent of promotion of a GDS under SDBS to a regular Dept.. post

  

            This is regarding  transfer of money of those GDS enrolled under SDBS   subsequently being absorbed /promoted  to a regular Departmental post. Under this circumstances the GDS are required to  quit the SDBS scheme immediately  and apply for transfer the accrued accumulations in their  PR Account under the SDBS as well as accrued severance amount earned till their date of such absorption/regular appointment to their new account under New Pension Scheme.

           Hence you are requested to identify such cases in the units under your jurisdiction &  supply them prescribed SDBS-1 to apply. SDBS-I forms duly filled by the applicant & enlisted by the Divn in form SDBS-2 may please be  sent to this office for onward submission to the NSDL  for transfer of money to the new account as well as deactivating the old one.

.

  Pl. find a copy of form  SDBS-I &  SDBS-2 with this letter.

                                                                            Asst. Accounts Officer

NPS / SDBS