Section 2 in The Post Office Savings Bank General Rules, 1981
2. Definitions.
- In these rules, unless the context otherwise requires:-(a)[ 'Adhaar number' means an identification number as defined in clause (a) of section 2 of the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and services) Act, 2016 (18 of 2016); [Substituted by Notification No. G.S.R. 1242(E), dated 29.9.2017](aa)'Account' means a Saving Account, a Recurring Deposit Account, a Time deposit Account, Monthly Income Scheme Account, Sukanya Samriddhi Account or Senior Citizens Saving Account;]Note: - Clause (a) updated by adding the names of new schemes introduced after 1981.(b)"Authorised" means authorised by the Director General Posts;(c)"Balance" means the balance at credit of an account;(d)"Branch Savings Bank" means a Branch Post Office which is functioning also as a Savings Bank.(e)"Cumulative Time Deposit Account" means an account opened under the Post Office Savings Bank (Cumulative Time Deposits) Rules, 1959 or under the Post Office Cumulative Time Deposit Rules, 1981;(f)"Extra Departmental Sub Savings Bank" means a Sub-Savings Bank incharge of part time employee;(g)"Form" means a form appended to these rules;(h)"Guardian" in relation to a minor or a person of unsound mind means-(i)either father or mother; and(ii)where neither parent is alive or is incapable of acting, a person entitled under the law for the time being in force to have the care of the property of the minor, or as the case may be, the person of unsound mind.(i)"Head Postmaster" means an officer incharge of a head Savings Bank and includes a Deputy Postmaster or an Assistant Postmaster to whom the powers of the Head Postmaster have been delegated.(j)"Head Savings Bank" means a Head Post Office which is functioning also as Savings Bank but does not include a Head Post Office declared by the Director General Posts to be Sub Savings Bank;(k)"Joint Account" means an account opened by two adults or three adults, as the case may be, in their names;(l)"Post Office Savings Bank" means Head Savings Bank and includes a Sub or Branch Savings Bank.(m)"Prescribed" means prescribed by the Director General Posts;(n)"Recurring Deposit Account" means an account opened under the Post Office (Recurring Deposit) Rules, 1970 or under the Post Office Recurring Deposit Rules, 1981;(o)"Relevant Head Savings Bank" in a relation to an account, means the Head Savings Bank in which the account stands or to which the Savings Bank where the account stands, is subordinate;(p)"Relevant Rule" means a rule under these rules, the Post Office Savings Account Rules, 1981, the Post Office Term Deposit Rules, 1981, the Post Office Recurring Deposit Rules, 1981, the Post Office Cumulative Time Deposit Rules, 1981, the National Savings Scheme Rules, 1987, the Post Office (Monthly Income Account) Rules, 1987 or the National Savings Scheme Rules, 1992.(q)"Relevant Sub Savings Bank" in a relation to an account, means the Sub Savings Bank in which the account stands or to which the Savings Bank where the account stands, is subordinate;(r)"Savings Account" means an account opened under the Post Office Savings Bank Rules, 1881 or under the Post Office Savings Bank Rules, 1965 or under the Post Office Savings Account Rules, 1981.(s)"Savings Certificate" means a certificate issued under the Government Savings Certificates Act, 1959 (46 of 1959);(t)"Single Account" means an account opened by or on behalf of an individual person in his name;(u)"Sub Savings Bank" means a Sub Post Office which is functioning also as a Savings Bank and includes a Head Post Office declared by the Director General Posts to be a Sub Savings Bank but does not include Extra Departmental Sub Savings Bank;(v)"Time Deposit Account" means an account opened under an Post Office (Time Deposit) Rules, 1970 or under the Post Office Time Deposit Rules, 1981.
