Please refer to BPRD Circular No.23 dated July 04, 2003 and BPRD Circular Letter No.02 dated January 07, 2005 on the above subject.

We are in receipt of representation from Government of Sindh that most of the School Management Committee (SMC) accounts become dormant and closed in the concerned bank branches due to non operation of these accounts and they are facing difficulties for transfer of funds in these SMC Accounts. These SMC accounts are opened for the purpose of transferring public funds for smooth functioning of primary schools.

In view of noble national cause, banks are advised to reactivate SMC accounts (if any) immediately. They are further advised that accounts opened and maintained by School Management Committees (SMCs) duly constituted by Education Department, Government of Sindh shall be exempted from levy of service charges on account of non-maintenance of minimum balance requirement.

Above instructions are applicable with immediate effect.

All other instructions on the subject shall remain unchanged.

Please acknowledge receipt.