General Information:

Small Savings Agents play vital role in Small Savings collection. At present there are 3 kinds of Agencies.

Standardised Agency System, (SAS)

Mahila Pradhan Kshetriya Bachat Yojana, (MPKBY)

Agents (Public Provident Fund) , (PPF)

Standardised Agency System:

These agents canvass deposits in Small Savings scrips like Kisan Vikas Patra (KVP), National Savings Certificate VIII issue (NSC- VIII issue), Post office Time Deposit (POTD), Post Office Monthly Income Scheme – (POMIS), SCSS). All Collectors, P.A.(SS &R) to Collectors, BDOs, Thasildars etc. in respect of Districts and Dy. Director of Small Savings, Corporation of Chennai in respect of Chennai city are the appointing authority of SAS agents. At present there are 8315 numbers of SAS agents in Tamilnadu.

Commission payable details:

SL.
No.
AGENCY Schemes
can be
canvassed
Rate of
Commn.by
G.O.I.
Rate of
Incentive by State
Govt.
Periodicity No. of agents
1. SAS NSC    1 % 0.5 % Every Month 8315
       POMIS 1 % 0.5 % Every Month   
      KVP 1 % 0.5 % Every Month  
 

 

POTD                       
    1 yr. 1 % 0.5 % Every Month  
    2 yr. 1 % 0.5 % Every Month       
    3 yr.  1 % 0.5 % Every Month      
      5 yr.  1 %   Every Month          
    SCSS 0.5 %      


Public Provident Fund:

These agents canvass deposits only in Public Provident Fund Scheme. The District Collectors and P.A. ( SS & R) to Collectors, Deputy Directors of Small Savings, Corporation of Chennai  are the appointing authority of PPF agent in Tamilnadu. At present there are 971 numbers of PPF agents in Tamilnadu

SL.
No.
AGENCY Schemes
can be
canvassed
Rate of
Commn.by
G.O.I.
Rate of
Incentive  by State Govt.
Periodicity No. of agents
1. PPF PPF 1 % Nil Every month 971


Mahila Pradhan Kshetriya Bachat Yojana:

These agents canvass deposits in Post Office Recurring Deposits Scheme (PORD). Only women are eligible to become MPKBY agent. All Collectors, in respect of Districts and Dy. Director of Small Savings, Corporation of Chennai in respect of Chennai city are the appointing authority of MPKBY agents. At present there are 22904 numbers of MPKBY agents in Tamilnadu

SL.
No.
AGENCY Schemes
can be
canvassed
Rate of
Commn.by
G.O.I.
Rate of
Incentive by State Govt.
Periodicity No. of agents
1. MPKBY PORD 4 % 2 % Every month 22904 

Note: The GOI commn. is being paid at the respective post office and incentive is payable by Commissioner Corporation of Chennai in the Chennai city and the collectors within respective districts.

 
The District wise Agents strength is as follows:

Sl.No.

DISTRICT  

No. of agents as on  date  

SAS MPKBY PPF TOTAL
1 CHENNAI 1323 833 503 2659
2 Coimbatore 336 1271 25 1632
3 Cuddalore 260 760 26 1046
4 Dharmapuri 50 350 4 404
5 Dindugul 191 976 21 1188
6 Erode 460 1006 13 1479
7 Kanchipuram 182 708 5 895
8 Kanyakumari 614 1292 95 2001
9 Karur 69 304 7 380
10 Madurai 570 1368 65 2003
11  Nagai 117 472 8 597
12 Namakkal 269 799 4 1072
13 Perambalur 52 419 0 471
14 Pudukkottai 101 616 5 722
15 Ramanathapuram 504 1241 34 1779
16 Salem 174 694 9 877
17 Sivagangai 173 791 9 973
18  Thanjavur 175 425 17 617
19 Theni 75 181 2 258
20  The Nilgris 103 633 2 738
21 Tiruchy 473 1066 22 1561
22 Tirunelveli 117 499 6 622
23 Thiruvallur 220 335 21 576
24 Thiruvarur 432 1297 3 1732
25  Thiruvannamalai 67 440 5 512
26 Tuticorin 144 660 11 815
27 Vellore 868 1861 26 2755
28 Villupuram 98 668 7 773
29 Virudhunagar 73 533 9 615
30 Krishnagiri 25 406 7 438
  Total 8315 22904 971 32190