Wednesday 28 December 2022

Clarification on continuation of SSA Accounts by NRI

 Clarification on continuation of SSA Accounts by NRI

FS-10/17/2020-FS-Part (1)
File No. FS-10/17/2020-FS-Part(1) 
Govt. of India
Ministry of Communications 
Department of Posts
(F.S. Division)
Dak Bhawan, New Delhi - 110001
Dated: 28.12.2022
The Chief Postmaster General
Karnataka Circle

Subject: Clarification on continuation of SSA Accounts by NRI - Reg. Reference: Lr. No. FS-POSB002(07)/1/2022 dated 13.12.2022.

In the reference cited above, it has been requested by Karnataka Circle to issue instructions on:

(a). Continuation of the SSA account after the account holder/guardian turn NRI and

(b). Provision for withdrawal from SSA accounts, in case the account holder is going abroad for higher studies.

2. In this connection, it is clarified that if the account holder or guardian or both becomes NRI subsequently after opening the account under National (Small) Savings Schemes including Sukanya Samriddhi Account in accordance with the provisions in Rules 4 (3) of Government Savings Promotion General Rules 2018 and accordingly, SSA account shall be operated till its maturity under the provisions of SSA Scheme 2019 if the account holder / guardian turn NRI.

This is issued with the approval of the Competent Authority.

Signed by Vijayan Tc
Date: 28-12-2022 16:05:27
Reason: Approved
(TC VIJAYAN) Asst. Director (SB-I)

Copy to:
1. All the Head of Circles other than Karnataka Circle, for kind information and further necessary actions at Circle level.


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