At the close of each month, the position of outstanding amount involved in the Small Savings Scheme, Government Loan Bonds and the balance held in the accounts of Grama Panchayat in the Postal Savings Bank, Government Treasury and other Banks and the cash balance in hand shall be verified with the concerned Cash Book and a certificate given by the Sarpanch about the results of the verification within six months from the date of advance the unspent amount should be refunded to the Grama Fund.
