Now deposit more than Rs 25,000 in your PPF account at non-post office home branch

The revision was made after many complained about the difficulty in depositing cheques of more than Rs 25,000 for their small savings accounts. This move will allow account holders to deposit cheques of any amount in any non-home post office branch.

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The move will help post office savings account holders to deposit cheque of any amount in any non-home post office branch.
The Department of Post has announced that you can now deposit a cheque of any amount into your post office small savings account at any non-home post office branch. Earlier, as per the rule, you weren't allowed to deposit a cheque worth more than Rs 25,000.

In an order dated December 2, 2019, the department has revised this rule regarding limit for accepting post office savings account cheques in savings account, Public Provident Fund (PPF), Sukanya Samriddhi Account (SSA) and Recurring Deposit accounts.

The revision was made after many people complained about the difficulty in depositing cheques in their PPF, RD, and Sukanya Samriddhi accounts of more than Rs 25,000 in any other CBS post office branch. The move will help post office savings account holders to deposit cheque of any amount in any non-home post office branch in their savings account, RD, PPF, Sukanya Samriddhi Account.


As per the order, cheque of Post Office Savings Bank (POSB) issued by any CBS or core banking solutions branch, if presented at a post office can be accepted at any other post office branch for the credit in savings account, RD, PPF and SSA. However, if the cheque is presented for withdrawal at any other post office CBS branch, then in such a case maximum Rs 25,000 can be withdrawn.

The order states, "AII POSB Cheques issued by any CBS Post Office, if presented at any CBS Post Office should be treated as AT PAR cheques and should not be sent for clearing. No POSB Cheque for more than Rs.25000/- should be accepted for cash withdrawal at other SOLs in a day. However, POSB cheque can be accepted at other SOLs without restriction of amount, for credit in POSB/RDIPPF/SSA accounts, subject to the limits, if any, prescribed in the scheme."

(All Department Post Offices are called Service Outlets (SOL) in Core Banking Solution.)

The order can be accessed here.
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