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 14827 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 14827
       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 % 0.5 % Every Month          
    SCSS 0.5 % Nil    


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 1650 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 1650


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 28535 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 28535 

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 2140 1012 527 3679
2 Coimbatore 1314 2301 188 3804
3 Cuddalore 300 886 32 1218
4 Dharmapuri 375 720 9 1104
5 Dindugul 200 705 201 1106
6 Erode 820 1987 33 2840
7 Kanchipuram 551 1209 84 1844
8 Kanyakumari 227 490 4 721
9 Karur 226 424 25 675
10 Madurai 713 1390 86 2189
11  Nagai 316 373 8 697
12 Namakkal 455 998 10 1463
13 Perambalur 427 1240 5 1672
14 Pudukkottai 844 845 7 1696
15 Ramanathapuram 108 448 6 562
16 Salem 663 1295 72 2030
17 Sivagangai 294 716 16 1026
18  Thanjavur 215 477 37 729
19 Theni 232 573 6 811
20  The Nilgris 142 404 11 557
21 Tiruchy 733 1075 84 1892
22 Tirunelveli 839 1433 32 2304
23 Thiruvallur 605 715 75 1395
24 Thiruvarur 249 1191 5 1445
25  Thiruvannamalai 421 1156 21 1598
26 Tuticorin 369 742 14 1125
27 Vellore 446 978 23 1447
28 Villupuram 267 1667 5 1939
29 Virudhunagar 158 585 10 753
30 Krishnagiri 178 499 14 691
  Total 14827 28535 1650 45012