Necessary configuration have been done in Finacle as per SB Order 10/2018.
- Minimum deposit for a financial year is Rs.250/-
- Deposit at the time of account opening has to be validated procedurally, as being done now.
- The change in RICT CBS Client Version is not yet done; hence devices will expect a minimum deposit of Rs.1000/- at the time of account opening. In such cases where the customer is opening account with a deposit below Rs.1000/-, the concerned account office can open the account in Fincore.
- For defaulted accounts, previous year arrears will be calculated at the rate of Rs.1000/- only and for the current year, minimum deposit of Rs.250/- will be accepted along with penalty of Rs.50/-. Eg. for an account in which no deposit was done during 2017-18, Rs.1300/- will be expected as deposit during this year instead of Rs.2050.
Issues if any may kindly be reverted immediately.
Thanks and Regards
Gopinath S
Inspector Posts
DMCC
Chennai 600 002
7 comments
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