Post office Savings Scheme w.e.f 12.12.2019
Showing posts with label Finacle news. Show all posts
Showing posts with label Finacle news. Show all posts
CHANGES AS PER THE GAZETTE NOTIFICATION || DATED 12.12.2019 ||SCHEMEWISE
SSA
Subsequent deposit multiples of Rs. 50/- .
FORM 1- ACCT OPENING
FORM 2- FOR PMC
FORM 3- FOR WDL
FORM 4- FOR CLOSURE
PPF
MIN INITIAL DEP FOR OPENING: RS. 500/- MINIMUM PER FY: RS. 500/-. MAX 150000
Subsequent deposit multiples of Rs. 50/-
Loan Int - 1 % (If the principal loan amt paid in within 36 months) , and 6 % if not paid or partially paid
FORM 1- ACCT OPENING
FORM 2- FOR LOAN AND WDL
FORM 3- FOR CLOSURE
FORM 4- FOR EXTENSION
FORM 5- FOR PMC
SCSS
NO LOCK UP PERIOD. ACCT HOLDER CAN CLOSE THE ACCOUNT AT ANY TIME.
PMC
a) Before 1 year- Already paid interest amount will be recovered.
b) 1 YR - 2 YR- Deduction at 1.5 % of Deposit
c) > 2 YR-Deduction at 1 % of deposit
d) During Extension period, after one YR-NIL.
FORM 1- ACCT OPENING
FORM 2- FOR PMC
FORM 3- FOR CLOSURE
FORM 4- FOR EXTENSION
MIS
MINIMUM INITIAL DEP FOR OPENING: RS. 1000/- AND MULTIPLES OF RS.1000/-
FORM 1- ACCT OPENING
FORM 2- FOR PMC
FORM 3- FOR CLOSURE
RD
MINIMUM DENOMINATION RS.100/- AND MULTIPLES OF 10/-
FORM 1- ACCT OPENING
FORM 2- FOR PMC
FORM 3- FOR CLOSURE/RENTION OF MATURITY AMT
FORM 4- FOR EXTENSION
FORM 5- FOR LOAN/WDL
NSC
MINIMUM DEPOSIT RS.1000/- AND MULTIPLES OF 100/-
FORM 1- ACCT OPENING
FORM 2- FOR CLOSURE
FORM 3- FOR PLEDGE
KVP
MINIMUM DEPOSIT RS.1000/- AND MULTIPLES OF RS.100/-
FORM 1- ACCT OPENING
FORM 2- FOR CLOSURE
FORM 3- FOR PMC
FORM 4- FOR PLEDGE
SB
MINIMUM DEPOSIT RS.100/- AND MULTIPLES OF RS.10/-
MINIMUM BALANCE TO BE MAINTAIN IS RS.500/-. ACCT HOLDER HAS TO DEPOSIT THE DIFFERENCE AMT WITHIN ONE YEAR.
FEE FOR NOT MAINTAINING MIN BALANCE IS RS.100/- WDL NOT LESS THAN 50/-
NO WDL permitted which has the effect of reducing the balance to less than 500/-
CHEQUE BOOK - FREE FOR 10 LEAVES IN A YEAR. RS.2/- PER SUBSEQUENT CHQUE
FORM 1- ACCT OPENING
FORM 2- WDL AND CLOSURE
TD
MINIMUM DEPOSIT RS.1000/- AND MULTIPLES OF RS.100/-
FORM 1- ACCT OPENING
FORM 2- FOR CLOSURE
FORM 3- FOR EXTENSION
FORM 4- FOR PMC
Major Changes in DOP Schemes - Gazette Notification dated 12.12.2019 for Postal Saving Scheme
For opening of new SB Account with minimum deposit of Rs.500/- and RD minimum deposit of Rs.100 & TD deposit minimum Rs.1000
In SB Penalty fee Rs 100 if the minimum of balance of Rs.500/- is maintained in the POSA Account
Old accounts which were opened on or before 12.12.2019 also have to be maintained with Minimum balance Rs.500/
1. Sukanya Samriddhi Account (SSA) can deposit multiple of Rs.50/-
2.Public Provident Fund (PPF) initial deposit must be Rs.500 and subsequent deposit can multiple of Rs.50/-
4. SCSS close at any time. Before one year means interest paid ( already) will be recovery
5. MIS Minimum Deposit Rs.1000/-
6. The minimum amount of monthly deposit in an account shall be one hundred rupees or any sum in multiples of ten rupees.
7. SB Account Initial Deposit Rs.500/- and subsequent deposit multiple of 10/- and minimum withdrawal Rs.50/-.
8. for additional cheque book Rs.2/- per cheque.
9.TD minimum Deposit Rs.1000/- with multiple of Rs.100/-
10. TD Account PMC allowed after 6 month
11. NSC and KVP Minimum Deposit Rs.1000 and multiple of Rs.100/-.
[Download Official Gazette Notification]
Instruction to be followed after CBS-GL integration-reg
The GL Integration with CBS transaction is proposed to be rolled out from 16.10.2019.
The following instructions may be followed until standard DOP received from Directorate.
1. From 16.10.2019, All SOLs should not upload the finacle figures either through ZBF07 of F-02. This is strictly to be followed.
2. From 16.10.2019 finacle transactions will be incorporated with daily account automatically which can be generated only on next day.
3. All counter PAs should login to finacle through POS counter module only, so that POS cash will get tallied on next day.
4. Automatic GL posting in POS cash will happen through GL file which will be created after successful DC (Data Center) closure. Timely EOD by every office will be an important aspect for this. Hence all SOLs should initiate EOD before 1800 Hrs daily without fail. Explanation will be called for from the defaulters.
5. There is new report included in finacle namely, GL daily transaction report- summary which can be used to tally account instead of LOTs.
6. POS cash will get tallied only on the next working day. However SOLs should tally their cash balance without fail on the same day.
7. All SOs are instructed to not to use the BO settlement account (SOLID+339). In BOs, all CBS transaction should be done through DARPAN device only. Transactions not done in devices cannot be accounted as BO transactions. BOs should be strictly instructed in this regard.
8. The cheques which are pending for SB related payments must be paid on or before 15.10.2019 as liability creation for such payments will differ from 16.10.2019 as instructed below.
Debit: Postmaster Cheque account: 420030013
Credit: POSB Onetime Customer: 7000000294
9. Issuing of Cheques remains same through F-58 & ZFF110.
The ATM cash loading/removing procedure will be as follows from 16.10.2019
| Function | Finacle Menu | Finacle Function | Debit account in SAP | Credit Account in SAP |
| Cash Loading | CTM | Withdrawal | ATM Cash Account(SL ID+0006) | Teller cash of ATM SOL |
| Cash Removal | CTM | Deposit | ATM Cash Account(SL ID+0006) | Teller cash of ATM SOL |
10. PLI/RPLI transaction uploads/Bills paid uploads can be continued in the existing procedure until further orders.
Doubts in this regard may be clarified with SB order 09/2019 which was communicated through mail.
Procedure to activate DOP Mobile Banking in DOP Finacle
!! Full procedure to activate IndiaPost mobile banking !!
Step 01 : first complete all formalities like mobile banking register and form used for it ( @Post Office SB Counter )
Step 02 : update CIF with Aadhar, PAN, mobile ,email id, mother name, click on yes for internet banking, mobile banking both
Step 03 : verify CIF modification from supervisor
Step 04 : next day mobile banking for CIF will be activated
Step 05 : download latest version of mobile banking app of DOP from Google play
Step 06 : in login screen you will see user id and MPIN screen .leave these fields blank and click on activate
Step 07 ;: you will see a new screen
User id : enter your CIF id
Date of birth : dd-mm-yyyy
Mobile number: your registered mobile number
CIF id : YOUR CIF id
Step 08 : click on submit and 4 digit OTP will come to your mobile number .enter that OTP and next then you will be asked to set 4 digit MPIN
Step 09 : after setting MPIN click on submit
Now you are ready for login in DOP mobile banking app
Now login
User id : your CIF id
Mpin : 4 digit code that is set by you
Enjoy DOP mobile banking app
Mobile Application Link below
https://play.google.com/store/apps/details?id=src.com.dop
NON SEEDING OF MOBILE NUMBER - SSA - Report in MIS SERVER
This is regarding the report regarding NON SEEDING OF MOBILE NUMBER in SSA accounts. We are getting requests from Circles for generation of this report from backend. Due to non availaility of report generation window we will not be able to generate these reports immediately. It is hereby intimated that the below report is available in MIS SERVER. This report can be generated SOLWISE and ALSO SCHEMEWISE.
Report of Active CIF not Seeded with Mobile Number or Email
This report cannot be generated CIRCLE SET ID OR HO SET ID as these reports are huge reports.
This report list the details of active CIF which are not seeded with Mobile Number or Email. This report can be generated SOL wise and scheme, Mobile/Email are given as input criteria. The following columns are available in this report:-
(a) Mobile as input criteria
S No
|
CIF ID
|
CIF Created Date
|
Customer Name
|
E-Mail
|
Address as per KYC
|
Date of Birth
|
Minor if any
|
Guardian CIF ID, if any
|
This reports can be accessed by following role users through HFINRPT menu
ROLE_ID
|
ROLE_DESC
|
ASP
|
ASSISTANT SUPERINTENDENT POST
|
AU
|
AUDITOR(Inspector)/SBCO/ADMIN
|
CPC
|
CPC SUPERVISOR
|
CPI
|
CPC INCHARGE
|
PM
|
POST MASTER
|
This information may please be circulated to POs. Please revert in case of any clarifications.
Thanks and Regards
Gopinath S
Inspector Posts
Data Migration Command Centre(CBS)
Chennai 600 002
9962067155
Finacle DESKTOP SETTING FOR WINDOWS 8 and above
his is regarding Internet Explorer setting for Finacle for OS Windows 8 & above. We are getting several mails from circles and tickets are also being raised.
Kindly follow steps in attached documents for Finacle IE settings followed by subsequent steps
1. Please uninstall current Java version ( 32 bit only) and install Java version 7 update 21 provided with Infy Certificate as a part of prerequisite installation. After that you may allow to upgrade to latest version.
2. After completion of IE settings add indiapost.gov.in in compatible view settings
For step by step procedure of desktop settings for Windows 8 and above users can CLICK HERE
For step by step procedure of Finacle UBS settings users can CLICK HERE
For step by step procedure of Finacle UBS settings users can CLICK HERE
Tallying accounts when HFINRPT is disabled by CEPT
For checking values in HFTI following steps to be done
- Go to HFTI
- Enter the SOL ID
- Enter start date and end date
- Give the ledger code for ex. To check SB
- give Ledger code as 30001
- Uncheck the “Today transaction only” box.
- Click on “Go
- Once it is done the data will be displayed
- Copy the whole content with the headers and paste it in an excel sheet
- Go to the small pad like icon and choose “Match Destination Formatting”
- To tally the amount create one more column after J th column in excel
Select J th column> Go to Data> Text to column> Delimited tick space and other check box and in other check box give the value as “.” (dot)>Finish
Now you have the values which can be summed according to credit and debit.
- To calculate the credit first create filter for the 1st row by clicking ctrl+shift+L
- Then go to K th column then select 00 C for credit transaction and 00 D for debit transaction.
- Credit and debit transaction are now tallied
Migration of ECS Outward credit to NACH
Dear Sir/Madam,
I am directed to convey the following
This is regarding migration of ECS Outward Credit (MIs & SCSS Interest) from RECS (RBI Platform) to NACH.
As per RBI instructions, we need to migrate existing Outward credit from RECS platform to NACH. As part of this activity, ECS Outward credits which were happening from ECS Nodal offices from the below circles are being centralised at Chennai GPO, being Nodal office for NACH wef 14/12/2018.
Andhra Pradesh
Bihar
Karnataka
Kerala
Madhya Pradesh
Maharashtra
Odisha
Telangana
Tamilnadu
Uttar Pradesh
Patches for updating Chennai GPO as Service SOL has been deployed on 13/12/2018. The POs which were earlier generating ECS txt file need not generate the files from 14/12/2018.
It is also seen from first day's file that several long dated transactions were included in the ECS txt file. We wil be forwarding list of OUTWARD credits entries pertaining to older periods for confirmation from PO on whether these payments were made manually.
Revised process for uploading ECS Credits
1. Chennai GPO has been configured as Service branch for all existing ECS enabled accounts.
2. Circle ECS Nodal centres will not generate ECS outward files from 14/12/2018.
3. Chennai GPO being nodal office will generate single ECS file invoking menu HEGOC everyday without fail.
4. Chennai GPO will upload these files to NACH platform as per the existing procedure
5.Chennai GPO will account these ECS Outward credits MIS Wdl/ SCSS Wdl in their HO Summary .
6. Circle Nodal offices / HOs will not account these ECS Outward credits.
7. Rejections if any due to Invalid account number will be uploaded thru RECS till such time new account numbers are updated against old account number.
8. NACH Rejections if any due to ACCOUNT CLOSURE at other bank end, will be communicated by Ch GPO to respective Circle / POs.
9. Concerned SOL will effect payment for NACH rejections on the day when customer visits respective PO by Debiting Chennai GPO ECS Suspense account (600001000098) till such time solution is automated.
10. The above instructions may please be communicated to ECS POs immediately .
Please revert immediately in case of any issues on the above
This has approval of competent authority.
Thanks and Regards
Gopinath S
Inspector Posts
Data Migration Command Centre(CBS)
Chennai 600 002
9962067155
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