What is the procedure for withdrawal of security deposited by an emigrant?
An emigrant is entitled to withdraw the security deposit after lapse of a period of three years from the date of deposit. The emigrant is required to personally present his/her passport and the used ticket along with the Bank Receipt to the POE concerned. The deposit can be withdrawn from the Bank after taking approval from the POE. Kindly note that no security deposit is obtain for the emigrant since the launch of PBBY in 2003. As such, withdrawal of security is applicable only for those workers who emigrated before 2003.
