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Mandate of National Savings Institute
- To function as front office and public/customer relations unit of Department of Economic Affairs, Ministry of Finance and assist the Ministry in mobilization and management of Small Savings Schemes of Govt. of India.
- To collection, collate, manage and maintain data with regard to Small Saving Schemes for MIS and to generate studies.
- To provide policy inputs and assist Ministry of Finance in affairs of Small Savings as may be required from time to time.
- To function as inspection wing of Department of Economic Affairs for conducting inspections of Post Offices/Banks to check implementation of small savings rules and compliance under AML/CFT norms.
- To keep liaison and coordination with operating agencies i.e. Department of Post, Banks and other institutions for smooth and investor oriented operations of small savings schemes.
- To attend to public/ investors queries and grievances and attending court cases relating to small saving schemes and their operations on behalf of Ministry of Finance.
- To undertake national level publicity of National Savings Schemes.
- To train of officials of operating agencies and authorized agents on small saving products, rules, procedures and marketing.
- To manage of authorized agents on e-platform.
- To print and supply, monitor utilization, payment of printing charges for AAR books, ASLAAS-5 cards and savings bank cheque books.
- To handle international cooperation with WSBI and its member countries, banks and Institutions in the field of promotion, mobilization and management of savings.
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