The Electronic Clearance Service (ECS) scheme provides an alternative method of effecting bulk payment transactions like periodic (monthly/ quarterly/ half-yearly/ yearly) payments of interest/ salary/ pension/ commission/ dividend/ refund by Banks/Companies /Corporations /Government Departments. The transactions under this scheme move from a single User source (i.e. Banks/Companies /Corporations /Government Departments) to a large number of Destination Account Holders (Customers/Investors). This scheme obviates the need for issuing and handling paper instruments and thereby facilitates improved customer service by the Banks and Companies/Corporations/Government Departments effecting bulk payments.
The Scheme is in operation at 15 centers where Reserve Bank of India manages Clearing Houses, 21 centers where SBI is managing ECS on behalf of RBI and 29 other centers where PNB and other banks are managing ECS on behalf of RBI.
The ECS is being offered in the Department of Posts in connection with payment of monthly interest under “Monthly Income Scheme” (MIS). The Department of Posts introduced ECS scheme on a pilot basis in Mumbai City on 9th August 2003. Under ECS, the depositors have the facility of getting MIS interest automatically transferred and credited into their SB account on the due dates at the designated Bank of their choice. Currently, the service is available in the Department of Posts at 15 RBI locations and 21 SBI locations.
It indicates that the mailpiece is Undeliverable As Addressed (UAA). Insufficient address usually means a vital address component is missing or illegible, such as a building number, suite, apartment, unit, street name, etc.
This phrase intimation served typically refers to the formal notification or communication of something important or official. In legal contexts, it often indicates that a formal notice or communication has been delivered to inform someone about a specific action, decision, requirement, or legal proceeding.
How long will we keep it for? You have 7 days from the day it's delivered to your chosen Post Office branch. If you don't collect the item in that time, it'll be returned to the sender by DPD. What ID do I need to bring?
Item booked: The parcel has been booked, and a tracking number has been assigned to it. Item dispatched: The parcel has been dispatched from the origin post office and is en route to its destination. Item received: The parcel has been received at the destination post office and is being processed for delivery.
Usually, USPS will simply return the package to the sender. This is because they do not have many other options, as they don't have the intended address. They can only ship the item back to where it came from, allowing the sender to correct the address and ship it back out to the intended recipient.
Contact the person receiving the mail and double-check the house or apartment number, correct street name, and ZIP code. If all of the address seems correct, it may be best to contact USPS.
Sometimes, an address will not validate because the address is marked as "vacant" by the USPS. Additionally, a new address, an unregistered address, or one located within a postal code primarily serviced by PO boxes, would all fail to validate.
The address is incomplete, incorrect, or illegible. The addressee is unknown or deceased. The addressee refuses or fails to claim the mail. The necessary postage has not been paid.
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