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.