Revision of monetary limits for investigations in loss and fraud cases by different authorities in the Departments of Posts (DOP) | Monetary limits for different postal authorities for conducting investigations and handling the loss/ fraud
Revision of the monetary limits for investigations in loss and fraud cases by different authorities in the Departments of Posts
The monetary limits for conducting investigations in the loss/ fraud cases by different authorities were revised vide this Directorate letter No. 8-01/2019-Inv dated October 24, 2019. During the various field visits and interactions with Circles, a need was being felt to consider further revision of the monetary limits in this respect.
2. It has, therefore, been decided to revise the monetary limits for different postal authorities for conducting investigations and handling the loss/ fraud cases as under:
|
Level
of investigating Officer |
Present
Monetary limit (in Rs) |
Revised
Monetary limit (in Rs) |
Inspector Posts/ASPOS |
Up to Rs 1,00,000 |
Up to Rs 2,00,000 |
|
Divisional Head/ Chief Postmaster/ Senior
Postmaster/ Deputy Director of Mumbai/ Kolkata GPO Assistant Director or
equivalent officer of HOs/GPOs in case of non-availability of Chief
postmaster |
> Rs 1,00,000 up to Rs 2,00,000 |
> Rs 2,00,000 to Rs 5,00,000 |
|
Assistant Director/APMG of Circle and Regional
Offices |
> Rs 2,00,000 to Rs 5,00,000 |
> Rs 5,00,000 to Rs 10,00,000 |
|
Director Postal Services and above |
> Rs 5,00,000 |
> Rs 10,00,000 |
*Note These limits will be based on 'Principal Amount of Loss/ Fraud including Temporary Misappropriation. Normal Interest and Penal Interest will not be part of amount involved for the purpose of deciding the investigating authority.
3. Further, it has now been decided that only those loss and fraud cases shall henceforth be reported by the Circle to the Directorate, in which the amount involved is more than Rs. 10 lakhs, instead of the present threshold limit of Rs. 5 lakhs.
4. Rest of the instructions contained in this office letter no. 8-01/2019-Inv dated October 24, 2019 hold good.
This issues with the approval of the Competent Authority.
