{"id":969,"date":"2025-06-16T17:55:00","date_gmt":"2025-06-16T17:55:00","guid":{"rendered":"https:\/\/jbco.co.in\/review-of-instructions-issued-vide-master-circular-on-conduct-of-government-business-by-agency-banks-payment-of-agency-commission\/"},"modified":"2025-06-16T17:55:00","modified_gmt":"2025-06-16T17:55:00","slug":"review-of-instructions-issued-vide-master-circular-on-conduct-of-government-business-by-agency-banks-payment-of-agency-commission","status":"publish","type":"post","link":"https:\/\/jbco.co.in\/?p=969","title":{"rendered":"Review of instructions issued vide Master Circular on Conduct of Government Business by Agency Banks &#8211; Payment of Agency Commission"},"content":{"rendered":"<table width=\"100%\" border=\"0\" align=\"center\" class=\"td\">\n<tr>\n<td>\n<p>RBI\/2025-26\/57<br \/>      CO.DGBA.GBD.No.S168\/31-12-011\/2025-2026<\/p>\n<p align=\"right\">June 16, 2025<\/p>\n<p>All Agency Banks<\/p>\n<p>Madam \/Dear Sir,<\/p>\n<p class=\"head\">Review of instructions issued vide Master Circular on Conduct of Government Business by Agency Banks &#8211; Payment of Agency Commission<\/p>\n<p>Please refer to our <a href=\"https:\/\/www.rbi.org.in\/Scripts\/BS_ViewMasCirculardetails.aspx?id=12812\" target=\"_blank\" class=\"links\">Master Circular on Conduct of Government Business by Agency Banks &#8211; Payment of Agency Commission dated April 01, 2025<\/a> related to claiming of agency commission.<\/p>\n<p>2. The agency commission rates have been since reviewed and stands revised. Accordingly, paragraph 13 of the above-mentioned master circular may be read as follows:<\/p>\n<p class=\"head\">Rates for agency commission:<\/p>\n<p>13. As per agency bank agreement, RBI pays agency commission at rates determined by it. The rates applicable with effect from April 1, 2025 are as under:<\/p>\n<table width=\"90%\" border=\"0\" align=\"center\" cellpadding=\"0\" cellspacing=\"1\" class=\"tablebg\">\n<tr class=\"head\">\n<td colspan=\"2\" align=\"center\">Sr. No.<\/td>\n<td width=\"40%\" align=\"center\">Type of Transaction<\/td>\n<td width=\"27%\" align=\"center\">Unit<\/td>\n<td width=\"24%\" align=\"center\">Revised Rate<\/td>\n<\/tr>\n<tr>\n<td width=\"4%\">a.<\/td>\n<td width=\"5%\" align=\"center\">(i)<\/td>\n<td>Receipts &#8211; Physical mode<\/td>\n<td>Per transaction<\/td>\n<td align=\"center\">\u20b940\/-<\/td>\n<\/tr>\n<tr>\n<td align=\"center\">\u00a0<\/td>\n<td align=\"center\">(ii)<\/td>\n<td>Receipts &#8211; e-mode<\/td>\n<td>Per transaction<\/td>\n<td align=\"center\">\u20b912\/-<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">b.<\/td>\n<td>Pension Payments<\/td>\n<td>Per transaction<\/td>\n<td align=\"center\">\u20b980\/-<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">c.<\/td>\n<td>Payments other than Pension<\/td>\n<td>Per \u20b9100 turnover<\/td>\n<td align=\"center\">7 paise per \u20b9100<\/td>\n<\/tr>\n<\/table>\n<p>3. In addition to the above, it has been decided that agency commission may be paid on all payment transactions handled by the agency banks, except those which are pre-funded or where some compensation is paid by the Governments to the agency banks. Accordingly, para 8 (c) of the abovementioned circular may be read as follows:<\/p>\n<p>Payments which are pre-funded or where some compensation is paid by the Government concerned\u2019<\/p>\n<p>5. All other instructions of the said Master Circular remain unchanged.<\/p>\n<p>Yours faithfully<\/p>\n<p>(Subhash Chand)<br \/>General Manager<\/p>\n<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>RBI\/2025-26\/57 CO.DGBA.GBD.No.S168\/31-12-011\/2025-2026 June 16, 2025 All Agency Banks Madam \/Dear Sir, Review of instructions issued vide Master Circular on Conduct of Government Business by Agency Banks &#8211; Payment of Agency Commission Please refer to our Master Circular on Conduct of Government Business by Agency Banks &#8211; Payment of Agency Commission dated April 01, 2025 related [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-969","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/jbco.co.in\/index.php?rest_route=\/wp\/v2\/posts\/969","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jbco.co.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jbco.co.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jbco.co.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jbco.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=969"}],"version-history":[{"count":0,"href":"https:\/\/jbco.co.in\/index.php?rest_route=\/wp\/v2\/posts\/969\/revisions"}],"wp:attachment":[{"href":"https:\/\/jbco.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=969"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jbco.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=969"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jbco.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=969"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}