SB Order 4/2006 – Nomination Through Power of Attorney


Here It is SB order 4/2006 Which contains Clarification on Nomination through Power of Attorney in Senior Citizen Savings Scheme, SB order Dated 10.03.2006

SB Order 4/2006

No. 79-8/2004-FS(Vol.II)
Government of India
Ministry of Communications
Department of Posts
(F.S. Division)

Dated 10.03.2006

All Heads of Circles/Regions
Addl. Director General, APS, New Delhi

Subject:- Senior Citizen Savings Scheme-2004 – Nomination through power of Attorney.


  1. The undersigned has been directed to forward herewith a copy of clarification issued by Ministry of Finance, Vide letter no. F.No. 15/8/2005/NS-II dated 2nd March 2006 on the above subject.
  2. It is requested that the contents of this SB order may be circulated to all concerned for information, Guidance and necessary action.
  3. Kindly acknowledge receipt of this letter.

Yours faithfully
Manisha Mishra

Nomination through Power of Attorney- Ministry of Finance letter F.No. 15/8/2005/NS-II dated 2nd March 2006

No. F 15/8/2005/NS-II
Government of India
Ministry of Finance
Department of Economic Affairs
(Budget Division)

New Delhi , the 2nd March 2006

Shri P Loganathan
Assistant General Manager
Reserve Bank of India
Department of Government & Bank Accounts
Central office
Opp. Mumbai Central Railway Station

Subject:- Senior Citizens Savings Scheme-2004- Nomination through Power of Attorney.

I am directed to refer to your letter No. DGBA.CDD/15.15.001/H7232/2005-06 dated 6th Dec 2005 on above mentioned subject. The matter has been considered in Department of Consultation with Ministry of Law and it is clarified that a person holding power of Attorney cannot sign for the nominee in Nomination form.

Yours faithfully
(PC Singh)
Under Secretary to Govt. of India

Copy to : MS P Gopinath, DDG (FS) Department of Posts, Dak Bhawan, New Delhi:-
1. The issue raised was in case of a nominee residing abroad gives a power of attorney for signing on his behalf in Nomination form, Whether such Nomination form Signed by holder of Power of Attorney can be accepted.

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