Home India Ministry of Finance The Central Govt. hereby authorises the following 50 branche...
Date: 2014-08-01 Category: Extra Ordinary State: Union Government Country: India

The Central Govt. hereby authorises the following 50 branches of Punjab National Bank to receive, with immediate effect, subscriptions under the Public Provident Fund Scheme, 1968 and the Senior Citizens Savings Scheme Rules, 2004.

Issued by Ministry of Finance · Department of Economic Affairs

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Executive Summary & Key Takeaways

Executive Summary: This notification from the Ministry of Finance authorizes 50 branches of Punjab National Bank to receive subscriptions under the Public Provident Fund Scheme, 1968, and the Senior Citizens Savings Scheme Rules, 2004, effective immediately. It outlines conditions regarding remittances to the government account and penalties for delays. The notification emphasizes strict adherence to the Public Provident Fund Scheme rules and regulations. Key Points / Main Content: Authorization: * 50 branches of Punjab National Bank are authorized to receive subscriptions under the Public Provident Fund Scheme, 1968 and the Senior Citizens Savings Scheme Rules, 2004. Remittance Conditions: * All remittances must be credited to the Government Account at Reserve Bank of India, Central Accounts Section, Nagpur within three days of receipt, including holidays. * Delays in remittance will incur penalties based on the interest rate payable to the depositor, plus 0.5% for delays up to thirty days and plus 1% for delays beyond thirty days. Compliance: * Strict adherence to the rules and regulations of the Public Provident Fund Scheme, as amended, is mandatory. * Non-observance of rules will result in penal action, including de-authorization of the bank branch. * The bank will bear any financial liabilities arising from non-compliance. Impact Analysis: Punjab National Bank Branches: * Impact: Authorized to collect subscriptions under the specified schemes, subject to compliance requirements and remittance conditions. * Action Required: Ensure timely remittance of funds to the government account, adhere to all rules and regulations of the Public Provident Fund Scheme and Senior Citizens Savings Scheme Rules to avoid penalties and potential de-authorization. Subscribers/Depositors: * Impact: Can now make subscriptions at the newly authorized Punjab National Bank branches. * Action Required: Utilize the newly authorized branches for subscriptions. Reserve Bank of India, Central Accounts Section, Nagpur: * Impact: Receives remittances from Punjab National Bank branches. * Action Required: Process and reconcile remittances as per existing protocols. Government of India, Ministry of Finance: * Impact: Oversees the implementation of the authorization and ensures compliance. * Action Required: Monitor compliance by Punjab National Bank branches and enforce penalties for non-compliance.

Key Entities Referenced

Public Provident Fund Scheme, 1968: A savings scheme in India, mentioned as a scheme under which subscriptions are received by authorized branches. Senior Citizens Savings Scheme Rules, 2004: A savings scheme in India for senior citizens, mentioned as a scheme under which subscriptions are received by authorized branches. Ministry of Finance: The ministry responsible for the Department of Economic Affairs, which published the notification. Department of Economic Affairs: A department of the Ministry of Finance, Government of India, responsible for the notification regarding authorized bank branches. Punjab National Bank: The bank whose branches are authorized to receive subscriptions under the Public Provident Fund Scheme and the Senior Citizens Savings Scheme. Sambalpur, Odisha: A city in Odisha where a branch of Punjab National Bank is authorized. Reserve Bank of India: The central bank of India, where remittances are to be credited. Nagpur, Maharashtra: Location of the Central Accounts Section of Reserve Bank of India where remittances are to be credited.
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L.-33004/99 vlk/kj.k EXTRAORDINARY Hkkx I—[k.M 1 PART I—Section 1 izkf/dkj ls izdkf'kr PUBLISHED BY AUTHORITY la- 190] ubZ fnYyh] 'kqØokj] vxLr 1] 2014@Jko.k 10] 1936 No. 190] NEW DELHI, FRIDAY, AUGUST 1, 2014/SRAVANA 10, 1936 ििििवववव(cid:3)(cid:3)(cid:3)(cid:3) मममम(cid:7)(cid:7)ंं(cid:7)(cid:7)ंं ााााललललयययय ((((आआआआ(cid:2)(cid:2)(cid:2)(cid:2)थथथथकककक ककककाााायययय (cid:8)(cid:8) (cid:8)(cid:8)ििििववववभभभभाााागगगग)))) अअअअििििधधधधससससचचूूचचूू ननननाााा नई (cid:4)द(cid:6)ली, 24 जून, 2014 फफफफाााा.... सससस..ंं..ंं 7777////8888////2222000011114444----एएएएनननन....एएएएसससस....II....————के(cid:11)(cid:12)ीय सरकार, भारत सरकार के िव(cid:21) मं(cid:24)ालय, आ(cid:26)थक काय(cid:28) िवभाग के तारीख 15 जून, 1968 क(cid:31) अिधसूचना सं$या सा.का.िन. 1136 %ारा &कािशत लोक भिव)य िनिध योजना, 1968 के पैरा 2 के ख+ड (ख) और भारत सरकार के िव(cid:21) मं(cid:24)ालय, आ(cid:26)थक काय(cid:28) िवभाग के (cid:4)दनांक 2 अग.त, 2004 क(cid:31) अिधसूचना सं$या सा.का.िन. 490(अ) के %ारा &कािशत व/र0 नाग/रक बचत योजना िनयमावली 2004 के िनयम 2 के खंड (ड.) के उप-खंड (ii) के अनुसरण म4 पंजाब नेशनल ब6क क(cid:31) िनEuिलिखत 50 शाखा काया(cid:28)लय7 को लोक भिव)य िनिध योजना 1968 और व/र0 नाग/रक बचत योजना िनयमावली 2004 के तहत अधीन अिभदाय &ा9 करने के िलए त;काल &भाव से &ािधकृत करती ह ै अथा(cid:28)त ्:— ससससााााररररणणणणीीीी (cid:1)म बीएस शाखा का नाम शाखा का पता िजला रा(cid:10)य िपनकोड सं(cid:6)या आर कोड (1) (2) (3) (4) (5) (6) (7) 1 300068 संबलपुर वीएसएस माग,(cid:15) संबलपुर संबलपुर ओिडशा 768001 2 301383 सुंदर ग<+ एटी / डाकघर : सुंदरग<+ डीटी: सुंदरग<+ सुंदरग<+ ओिडशा 770001 ओिडशा 3 303999 (cid:16)य(cid:17)झर मधापुर िजला: (cid:16)य(cid:17)झर (cid:16)य(cid:17)झर ओिडशा 758001 4 304473 बारीपदा केएमबीएम साही वाड(cid:15) न.ं 5, िजला बारीपाडा मयूरभंज ओिडशा 757001 5 304657 फूलबनी गणेश बाजार, मेन रोड, फुलबनी,िजला: कंधमाल ओिडशा 762001 फुलबनी 3062 GI/2014 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. 1] 6 300061 आसनसोल बसतीन ब(cid:25) तीन बाजार, डाकघर, आसनसोल ब(cid:27)व(cid:15) ान पि(cid:30)म बंगाल 713301 बाजार 7 301358 रायगंज हजारीलाल बाजार प!रसर, डाकघर : पि(cid:30)म पि(cid:30)म बंगाल 733134 "दनजपुर रायगंज 8 301563 बाँकुरा मचानताला, िब%ा भवान, बांकुरा बांकुरा पि(cid:30)म बंगाल 722101 9 301240 ’चसुराह नगर गाड(cid:15) रोड पी.ओ.: च*दननगर +गली पि(cid:30)म बंगाल 712136 10 302101 च*दननगर ल,मीगंज बाजार, डाकघर : च*दननगर +गली पि(cid:30)म बंगाल 712136 11 300117 पडरौना पडरौना कुशीनगर उ.र /दशे 274304 12 300118 तमकुही रोड़ तमकुही रोड़ कुशीनगर उ.र /दशे 274303 13 301022 (cid:25)टेशन आरडी. (cid:25)टेशन रोड़, दवे !रया दवे !रया उ.र /दशे 274001 दवे !रया 14 302425 जुबलीरोड़ गोरखपुर जुबली रोड़, गोरखपुर गोरखपुर उ.र /दशे 273001 15 302488 िसिवल लाइंस िसिवल लाइंस, ितलक रोड दवे !रया उ.र /दशे 274001 16 304805 िवकास भवन िवकास भवन, रावतपुर कानपुर उ.र /दशे 208002 17 301080 /ेम नगर 105/198, /ेम नगर कानपुर िसटी उ.र /दशे 208001 18 303602 गोिव*द नगर, के- 125/62, के- 4लॉक, गो’वद नगर कानपुर उ.र /दशे 208002 4लॉक, कानपुर 19 302182 जागे6र कानपुर 27, लखनपुर, हाउ’सग सोसायटी अवधपुरी कानपुर उ.र /दशे 208002 डबल रोड कानपुर 20 301757 कोलेनेजगंज कानपुर 103/2A-1, बकर मंडी, कानपुर कानपुर उ.र /दशे 208002 21 304941 आ"दलाबाद गादवे ार कॉ9प लै(cid:16)स 4-5--56 / 5, रा;ीय आ"दलाबाद हदै राबाद 504001 राजमाग(cid:15) स.ं7, िव%ानगर, आ"दलाबाद टाउन 22 304942 अनंतपुर डी सं. 15/604 एसएस टावस,(cid:15) भूतल, राजू अन*तपुर हदै राबाद 515001 रोड कमलानगर, अन*तपुर 23 304789 भीमावरम डी. सं. 3-1-186 से 192, भूतल, आरपी रोड पि(cid:30)म हदै राबाद 534202 गोदावरी भीमावरम 24 300720 इलु= 22सी -14—9/3, पुनयामुरथुला (cid:25)?ीट, पि(cid:30)म हदै राबाद 534002 गोदावरी पावरपेट, एलु= 25 300722 गुंटूर (cid:25)टेशन रोड गुंटूर गुंटूर हदै राबाद 522001 26 300767 जीबी रोड पल@ड खरीफ भवन, जीबी रोड, पाल@ाड पाल@ाड केरल 678014 27 304142 बोदागरा पीबी नं. 5, मेन रोड बोदागरा, कालीकट कोझीकोड केरल 673010 28 304144 केपीके मेनन रोड पंजाब सं. 11, केपीके मेनन रोड, कालीकट कोझीकोड केरल 673001 कोिझकोड 29 304145 बAक रोड कBौर सुशील टावस,(cid:15) बAक रोड, कBौर कBौर केरल 670 001 30 304146 च*Dनगर 7/1808 रैम आकEड, भारत माता हाई (cid:25)कूल पल(cid:16) कड केरल 678007 के सामने, च*Dनगर 31 300655 अकोला ितलक रोड, उदय टॉकHज के सामने, अकोला नागपुर महारा; 444 109 32 300653 अमरावती (महारा;) Iयाम चौक अमरावती, िजला-वधा (cid:15) नागपुर महारा; 444601 33 300648 ग(cid:17)"दया (महारा;) गु= नानक रोड, ग(cid:17)"दया, िजला-ग(cid:17)"दया नागपुर महारा; 441601¹Hkkx Iµ[k.M 1º Hkkjr dk jkti=k % vlk/kj.k 3 34 300660 जलगांव (महारा;) 46/47 नवी पेठ जलगांव नागपुर महारा; 425001 35 300656 खामगाँव (िजला.- अकोला बाजार, खामगाँव, िजला.-बुलधाना नागपुर महारा; 444303 बुलधाना) महारा; 36 302537 नजीबाबाद केडीआर िनकट डबल फाटक, नजीबाबाद िबजनौर उ.र /दशे 246701 37 300218 स9भल आय(cid:15)समाज रोड, स9भल स9भल उ.र /दशे 244302 38 303185 अमरोहा लाकड़ा एमओएच:लाकड़ा, अमरोहा जे पी नगर उ.र /दशे 244221 39 301242 रामपुर िसिवल िसिवल लाइंस, रामपुर रामपुर उ.र /दशे 244901 लाइंस 40 300203 िसिवल लाइंस, िसिवल लाइंस, िबजनौर िबजनौर उ.र /दशे 246701 िबजनौर 41 300388 बंगा रेलवे रोड रेलवे रोड, बंगा एसबीएस पंजाब 144506 नगर 42 300418 गरशंकर रेलवे रोड़ रेलवे रोड, गरशंकर होिशयारपुर पंजाब 146001 43 300420 मिहलपुर मु(cid:6)य शाखा, महीलपुर होिशयारपुर पंजाब 146001 44 300422 मुके!रयन थाना रोड, मुके!रयन होिशयारपुर पंजाब 144304 45 300391 नवांशहर दोआबा नवांशहर, दोआबा एसबीएस पंजाब 144506 नगर 46 303190 ब(cid:25) ती दािनश मं"दर ब(cid:25) ती दािनश मं"दर, जालंधर जाल*धर पंजाब 144001 जालंधर 47 302068 डीएवी कालेज, डीएवी कालेज, जाल*धर जाल*धर पंजाब 144001 जाल*धर 48 304559 एचएमवी एचएमवी कालेज, जाल*धर जाल*धर पंजाब 144001 कालेज,जाल*धर 49 303887 केएमवी कालेज, केएमवी कालेज, त*दा रोड जाल*धर पंजाब 144001 जाल*धर 50 300987 अनुशिK नगर 1-ए, अनुशिKनगर, मु9बई मु9बई महारा; 400 094 2. उ@ &ािधकार िनEuिलिखत शतA के अBयधीन ह,ै अथा(cid:28)त:्-- (i) सभी िव&ेषण भारतीय /रजव(cid:28) ब6क, क4(cid:12)ीय लेखा अनुभाग (सी.ए.एस) नागपरु ि.थत सरकारी खाते म4 छु/Eय7 सिहत &ाि9 से 3 (cid:4)दन के भीतर जमा (cid:4)कए जाएंगे। (ii) उ@ उि(cid:6)लिखत अविध स े अिधक िवलंब क(cid:31) दशा म,4 ऐस े िवलंिबत िव&ेषण7 पर तीस (cid:4)दन तक िवलंब के मामल े म4 पंजाब नेशनल ब6क %ारा संदेय जुमा(cid:28)ना जमाकता(cid:28)H को संदाय क(cid:31) जान े वाली Iयाज क(cid:31) लाग ू दर जमा 0.5 &ितशत तथा तीस (cid:4)दन से अिधक िवलंब के मामल े म4 Iयाज क(cid:31) &योJय दर जमा एक &ितशत होगा। (iii) समय-समय पर यथा: संशोिधत लोक भिव)य िनिध (पी.पी.एफ.) योजना के िनयम7 एवं िविनयम7 का अनुपालन (cid:4)कया जाएगा। िनयम7 एवं िविनयम7 का अनुपालन न (cid:4)कए जाने क(cid:31) ि.थित म 4 शाखा अथवा ब6क का &ािधकार रK (cid:4)कए जाने सिहत दांिडक कार(cid:28)वाई क(cid:31) जाएगी। इन अननुपालन7 से उMभूत धनीय दािय;व7 का वहन, य(cid:4)द कोई हो, तो पूण(cid:28)तः ब6क %ारा (cid:4)कया जाएगा। डॉ. रजत भाग(cid:28)व, संयु@ सिचव4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. 1] MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 24th June, 2014 F. No. 7/8/2014-NS.II.—In pursuance of clause (b) of paragraph 2 of the Public Provident Fund Scheme, 1968 published in the Government of India, Ministry of Finance, Department of Economic Affairs’ notification number G.S.R. 1136, dated the 15th June, 1968 and sub-clause (ii) of clause (e) of rule 2 of the Senior Citizens Savings Scheme Rules, 2004 published in the Government of India, Ministry of Finance, Department of Economic Affairs’ notification number G.S.R. 490(E), dated the 2nd August, 2004, the Central Government hereby authorises the following 50 branches of Punjab National Bank to receive, with immediate effect, subscriptions under the Public Provident Fund Scheme, 1968 and the Senior Citizens Savings Scheme Rules, 2004, namely:— TABLE S. BSR Name of Pin Address of Branch District State /UT No Code Branch Code (1) (2) (3) (4) (5) (6) (7) 1. 300068 Sambalpur VSS Marg, Sambalpur Sambalpur Odisha 768001 2. 301383 Sundergarh At/PO: Sundergarh, Dt: Sundergarh Sundargarh Odisha 770001 Madhapur, Dist: Keonjhar, 758001 3. 303999 Keonjhar Keonjhar Odisha Po:Keonjhar, KMBM Sahi,Ward No.: 5, Dist: 757001 4. 304473 Baripada Mayurbhanj Odisha Baripada, Baripada Ganesh Bazar, Main Road, Phulbani, 762001 5. 304657 Phulbani Dist: Phulbani Kandhamal Odisha 6. 300061 Asansol Bastin Bastin Bazar, PO : Asansol Burdwan West Bengal 713301 Hazarilal Market Complex, PO : West 733134 7. 301358 Raiganj West Bengal Raiganj Dinajpur 8. 301563 Bankura Machantala, Bidya Bhawan, Bankura Bankura West Bengal 722101 9. 301240 Chinsurah Town Guard Road, PO : Chandannagar Hooghly West Bengal 712136 10. 302101 Chandan Nagar Laxmiganj Bazar, PO : Chandannagar Hooghly West Bengal 712136 11. 300117 Padrauna Padrauna Kushinagar U.P. 274304 12. 300118 Tamkuhi Road Tamkuhi Road Kushinagar U.P. 274407 Station Rd., 274001 13. 301022 Station Rd., Deoria Deoria U.P. Deoria Jublee Road, 273001 14. 302425 Jublee Road, Gorakhpur Gorakhpur U.P. Gorakhpur Civil Lines, 274001 15. 302488 Civil Lines, Tilak Road, Deoria Deoria U.P. Deoria Vikas Bhawan, Rawatpur, GT Road, 208025 16. 304805 Vikas Bhawan Kanpur U.P. Kanpur Prem Nagar, 208012 17. 301080 105/198, Prem Nagar, Kanpur Kanpur City U.P. Kanpur Govind Nagar, 208001 125/62, K-Block, Govind Nagar, 18. 303602 K-Block Kanpur U.P. Kanpur Kanpur Jageshwar, 27, Lakhanpur, Housing Society, 208024 19. 302182 Kanpur U.P. Kanpur Awadhpuri Double Road, Kanpur Colonelganj, 208001 20. 301757 103/2A-1, Bakar Mandi, Kanpur Kanpur U.P. Kanpur Gadewar Complex, 4-5-56/5, NH 504 001 21. 304941 Adilabad Adilabad Hyderabad No.7, Vidyanagar, Adilabad Town¹Hkkx Iµ[k.M 1º Hkkjr dk jkti=k % vlk/kj.k 5 D.No.15/604, SS Towers, Ground Anantapur Hyderabad 515 001 22. 304942 Anantpur Floor, Raju Road, Kamalanagar. Anantapur D.No.3-1-186 to 192, Ground Floor, West 23. 304789 Bhimavaram Hyderabad 534202 R.P. Rd, Bhimavaram Godavari 22C-14-9/3, Punyamurthula Street, West 24. 300720 Eluru Hyderabad 534002 Powerpet, Eluru Godavari 25. 300722 Guntur Station Road, Guntur Guntur Hyderabad 522 001 GB Road, 26. 300767 KMS Building, GB Road, Palakkad Palakkad Kerala 678014 Palakkad PB No.5, Main Road, Bodagara, 673010 27. 304142 Bodagara Kozhikode Kerala Calicut KPK Menon PB No. 11, KPK Menon Road, 28. 304144 Road, Kozhikode Kerala 673001 Calicut Kozhikode Bank Road, 29. 304145 Sushil Towers, Bank Road, Kannaur Kannaur Kerala 670001 Kannaur 7/1808 Ram Arcade, Opp. Bharath 30. 304146 Chandra Nagar Palakkad Kerala 678007 Mata High School, Chandranagar 31. 300655 Akola Tilak Road, Opp. Udai Talkies-Akola Nagpur Maharashtra 444001 Shyam Chowk Amravati Dist.- 444601 32. 300653 Amravati (MH) Nagpur Maharashtra Wardha Guru Nanak Road, Gondia Dist.- Nagpur Maharashtra 441601 33. 300648 Gondia (MH) Gondia 34. 300660 Jalgaon (MH) 46/47 Navi Peth, Jalgaon Nagpur Maharashtra 425001 Akola Bazar, Khamgaon, Dist.- Nagpur Maharashtra 444303 Khamgaon, 35. 300656 Buldhana Buldhana 36. 302537 Najibabad KDR Near Double Fatak Najibabad, Bijnor Bijnor U..P. 246763 37. 300218 Sambhal Arya Samaj Road, Sambhal Sambhal U.P. 244302 38. 303185 Amroha Lakra Moh:Lakra, Amroha J.P. Nagar U.P. 244221 Rampur Civil Rampur U.P. 244901 39. 301242 Civil Lines, Rampur Lines Civil Lines Bijnor U.P. 246701 40. 300203 Civil Lines, Bijnor Bijnor Banga Rly. S.B.S. Nagar Punjab 144506 41. 300388 Rly. Road, Banga Road Garshanker Hoshiarpur Punjab 144527 42. 300418 Rly. Road, Garhshankar Rly. Road 43. 300420 Mahilpur Main Branch, Mahilpur Hoshiarpur Punjab 146105 44. 300422 Mukerian Thana Road, Mukerian Hoshiarpur Punjab 144211 Nawanshahr 45. 300391 Nawanshahr, Doaba Doaba S.B.S. Nagar Punjab 144514 Basti Danish 46. 303190 Mandir, Basti Danishmanda, Jalandhar Jalandhar Punjab 144002 Jalandhar DAV College, 144008 47. 302068 DAV College, Jalandhar Jalandhar Punjab Jalandhar HMV College, 144008 48. 304559 HMV College, Jalandhar Jalandhar Punjab Jalandhar KMV College, 144004 49. 303887 KMV College, Tanda Rd., Jalandhar Jalandhar Punjab Jalandhar Anushakti 50. 300987 1-A, Anushaktinagar, Mumbai Mumbai Maharashtra 400 094 Nagar6 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. 1] 2. The above authorisation is subject to the following conditions, namely :— (i) All remittance shall be credited to the Government Account at Reserve Bank of India, Central Accounts Section, Nagpur within three days of the receipt, including holidays; (ii) In case of delay beyond the above mentioned period, the penalty payable by Punjab National Bank on such delayed remittances shall be applicable at the rate of interest payable to the depositor plus 0.5% in case of delays up to thirty days and plus one per cent in case of delays beyond thirty days; (iii) Observance of rules and regulations of the Public Provident Fund Scheme as amended from time to time shall be strictly followed. Non-observance of rules and regulations shall attract penal action including de-authorisation of the branch of bank. Pecuniary liabilities, if any, arising from such non-observance shall be borne entirely by the bank. Dr. RAJAT BHARGAVA, Jt. Secy. Printed by the Manager, Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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