Regulatory Alerts2020-12-06
Added · Updated
DMD Circular Letter No. 08: Issuance of Duplicate of Lost, Stolen, Destroyed or Damaged Sanchaypatra through National Saving Scheme Online Management System
The document instructs scheduled banks in Bangladesh to implement the issuance of duplicate savings certificates (Sanchaypatra) for lost, stolen, destroyed, or damaged instruments via the National Saving Scheme Online Management System. This directive follows a letter from the Department of National Savings, which notes that a new menu has been added to the system to allow electronic issuance of these duplicates, replacing previous manual processes. Banks are required to follow existing rules and regulations and forward relevant correspondence to the issuing office to enable user access for duplicate issuance.
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