Verification Of Transactions In CBS Post Offices - An Important Order From Director (CBS) Read more at: http://www.palegacyblogspot.in/2016/06/verification-of-transactions-in-cbs.html Courtesy : PA Legacy (http://www.palegacyblogspot.in/)

It has been observed by Infosys Team from the back end that Supervisors of CBS Post Offices are not verifying transactions on regular basis which is resulting in pilling up of transactions for verification at the closing hours. This is also resulting in delay is starting and completion of End of Day operations. It is requested that instructions may be issued to all CBS Post Offices that every Supervisor to regularly verify transactions and should visit all Transaction Verification menus after every 30 minutes to see any pending transaction for verification. This should be strictly followed. Supervisors are also bound to verify all non financial modifications and it is observed that hundreds of such modifications are pending for verification. This is resulting in non picking up of such accounts by interest batches and customers are complaining that interest is not generated for his/her account. This should also be ensured that Supervisors should verify all non financial modifications and account opening regularly. It is also observed that some post offices start BO transaction posting very late resulting in delay in starting of EOD. It is requested that transactions of BOs should be either completed by 4.30 PM or should be posted on the next day. 

With regards, 
Sachin Kishore Director (CBS) 
Sansad Marg, Dak Bhavan

Courtesy : PA Legacy (http://www.palegacyblogspot.in/)

A patch has been deployed to enter SSA deposits through CPDTM menu. Read more at: http://www.palegacyblogspot.in/2016/06/a-patch-has-been-deployed-to-enter-ssa.html Courtesy : PA Legacy (http://www.palegacyblogspot.in/)

A patch has been deployed to enter SSA deposits through CPDTM menu.  CTM / CXFER menu cannot be used for SSA Account deposits henceforth. ​ SSA penalty collection will be possible through CPDTM similar to PPF accounts. This will be calculated on completion of SSA year-end batch execution only.  CPDTM This menu is used to deposit the PPF amount or repayment of loan or repayment of loan interest. Now it can be also used for accepting SSA deposits. Invoke the menu CPDTM and follow the following steps Select the function as "Add" 2. In the second step select the transaction type as "Cash normal payment" if mode of receipt is cash else select "Customer transfer " if it is a transfer. 3. In the third step select the type as normal contribution or loan repayment or loan interest repayment depending on the receipt you are accepting.  4. In the forth step give account number and amount then click on submit. 5. Then finally note the transaction id and verify in the supervisor login.If there is any default it will show at the generation of transaction id. 

Read more at: http://www.palegacyblogspot.in/2016/06/a-patch-has-been-deployed-to-enter-ssa.html
Courtesy : PA Legacy (http://www.palegacyblogspot.in/)

Solution for double deposit of SSA in DoP Finacle Read more at: http://www.palegacyblogspot.in/2016/06/solution-for-double-deposit-of-ssa-in.html Courtesy : PA Legacy (http://www.palegacyblogspot.in/)

Invoke CPWTM menu as Normal Withdrawal in TRANSFER mode  
Enter the SSA account number in both Credit and Debit Account number Fields 
and tran amount same as in Wrong transaction, 
Enter the report code as "REVRS", 
Click on Submit

Courtesy : PA Legacy (http://www.palegacyblogspot.in/)

Procedure for doing BO SSA transactions in DoP Finacle using CPDTM

BO SSA Transactions in DOP Finacle by using CPDTM Menu

DOP Finacle Menu CPDTM

Choose Function As - ADD

Transaction Type as - Bank Transfer

Sub Type - Normal Contribution

Go

Enter SSA A/c id in Cr account id.

Enter Amount

Enter Dr account id as SOL Id+ 0339

Post

The Supervisor should be verified by using the same menu. CPDTM

TOOL FOR SB CASH & SPM ROUGH A/C

SB CASH / SPM ROUGH BOOK TOOL

An easy way to tally the SB cash book and Rough book by using the above tool. This may be downloaded form the below link and pre-requisite this tool is MS Office Excel. Click below to download the tool.

Download

Thanks to
M P SENTHIL M.Com, MCA
Postal Assistant Kollumangudi SO 609403
Mayiladuthurai Division Tamilnadu Circle

Solution for report generation as proposed by Infosys team is as under-

Solution for report generation as proposed by Infosys team is as under- 

Clearing Browsing History in Internet Explorer: 

1 . Select Tools Menu-> Internet Options-> Click on Delete button under Browing history column Then select all the options such as Temporary internet files and web site files , Cookies and website data , History etc., and click delete button 

( The Relevant Screen shot is attached) 

2. After deleting the browsing history. Add the Production URLhttp://172.16.20.44/DashBoard/loginPage.action​ in compatibility view settings 

Select Tools ->compatibility view settings -> Type production URLhttp://172.16.20.44/DashBoard/loginPage.action​ in Add this website text box and then click ADD button then Click Close button

(Relevant screen shot attached)

SB CIRCULAR 2/2016

S B Order No. 02/2016 : Acceptance of POSB business in the case of Finacle CBS application is not accessible or slow to accept transactions presented at the counter - invoking of Business Continuity Plan (BCP) regarding

PROCEDURE FOR ADDING NSC NEW PRODUCT TO AGENT IN FINACLE

At the time of issuing NSC certificates, we are facing an error, "The agent you Input has not linked with current scheme code. Please setup it proper"

Step by Step Procedure in Detail:

1. Invoke HDSAMM menu 

2. Function - Modify 

3. Enter DSA ID - Nothing but Agent id 

4. Click on GO(F4) 

5. A screen will be appeared as follows 

7. Click on Add Button then the system will show below screen as shown 

8. Click on Searcher beside Scheme Code 

9. Select NSN81 from the below screen shot 

10. After selection, a screen will be appeared as follows 

11. Select Pay Commission - Yes 

12. Subvention Reversal Credit Placeholder - 45089000 

13. Next Commission Date - 31-12-2099 

14. Payment Freq - D - Daily / Week / Day / Date / N - Next Day 

15. Again Click on Add 

16. Select NSN82 

17. Repeat the same process 

18. After Adding all scheme codes (NSN81/NSN82/NSN83/NSN84/NSN85), Click on SUBMIT(F10) 

19. Verify the same using same menu in supervisor login. 

Salary / Pension Credit in Finacle

DOP Salary / Pension Credit in Finacle

Uploading the Salary / Pension file in FinacleMENU - 

HTTUM 

This option is available only for SYSTEM ADMINISTRATOR

Pre-requisites

1. An excel file with the following columns to be prepared for Pension credit

2. An excel sheet with following columns to be prepared for Salary Credit

3. An exe will be provided to convert the above excel sheets to the prescribed txt formats.

4. The generated .txt files can be stored in the desired location.

(Please note: Uploading of salary and pension has to be done only after BEGIN OF DAY (BOD) of last working day ie 31/01/2014 January 2014)

Procedure to upload Salary / Pension 

1. In ‘Report to Field’, enter ‘DoP’.

2. Transaction subtype should be selected as ‘Transfer – Bank Induced’.

3. Select ‘POST’ option for Action.

Note : First Do the Action as Trial and Correct the Error before Post

4. Select ‘On successful upload’ for Rename File after Upload.

5. Select ‘Local File Path’ and click on ‘Submit’ button.

6. Next screen with ‘Browse’ button will be displayed; select the finacle format file. 

7. Click on Go/ press F4 using KeyBorad.

8. A message ‘Batch process initiated’ will be displayed.

9. Go to HPR to see the success report. Also check OFTI report for getting the details on posting. Note down the system generated Transaction ID.

10. Check whether the “SALARY UPLOAD ACCOUNT” (SOLID0409) is debited for the entire amount and also check the individual credit of salary for each account.

11. Check whether the “PENSION UPLOAD ACCOUNT” (SOLID0408) is debited for the entire amount and also check the individual credit of pension for each account.

12. Salary and Pension account will always be in Credit (-ve) to that extent of salary and pension payment made.

13. Take a print out of Ledger copy of SOLID0408 AND SOLID0409 using the menu 

HACLPOA

14. The Dr should be equivalent to the salary or pension credited for the month. It is the duty and responsibility of the Supervisor to ensure that the amount debited from Salary and Pension account is equivalent to the credits made in respective salary and pension accounts.

15. Check whether the system generated ID is posted using HTM. If it is not verified, Tran ID is to be verified by the Supervisor.

Source : http://dopfinacle.blogspot.in/

Refund of SCSS TDS amount in DOP finacle

• As per the DOP norms if the total interest amount on the SCSS principle exceeds Rs 10000/- then an amount of 10% TDS will be deducted.
• If the TDS amount is deducted for a particular SCSS account then the same can be inquired using the menu HTDTRAN.
• The total interest amount and TDS amount will be shown as in below figure by invoking the HTDTRAN menu as follows  

• If the customer submitted tax form(15G/15H) then we have to enter the same in account level and CIF level as mentioned below.

At CIF level

• Invoke the menu CMRC then select the function as "Modify" and enter the CIF id of the customer as shown

• Then click on Go in the next screen select the field tax deducted at source and fill the same with "NOTAX" from the searcher if the customer presents the tax form.

• Then click on submit and verify the same CIF Id in the supervisor menu.

At Account Level:-

• Invoke the menu CSCAM then select the function as "modify" and enter the account number as shown below

Then click on Go system will open a new application in the next screen enter the following

• Enter the column Tax form as "15G/15H"
• Select the field Tax category as "N-No Tax"  as shown

Then click on Submit and verify the same in the supervisor login

Note:-If any account modification is pending for TDA accounts(SCSS/TD and MIS account) then the system will not generate interest on the due date which can be inquired by using the menu HAFI or Scheduled reports available for System Admin,So immediately verify the account modification done for TDA accounts for smooth functioning.

Procedure for Refund of SCSS Tax in DOP Finacle:-

• If the customer presented the tax form(15G/15H) even though tax is deducted we have to refund the amount by using the menu HRFTDS.
• Make sure that tax deducted is not uploaded in the income tax traces before refunding the amount to the customer by using the below procedure.

HRFTDS means Refund TDS

• Invoke the menu HRFTDS and enter the following fields

1. Enter the field Report To as "postmaster"
2. Enter the refund CIF if as __________
3. Enter the From a/c id __________
4. Enter the To a/c id _________
5. Select Include closed a/c as "yes"
6. Select Accrued TDS as "Yes"
7. Select the Tran. Type as "transfer" avoid selecting cash if we select the cash then it will be blocked and there will problem at the time of EOD so select the transaction type as transfer as shown

Then click on "GO" then the system will show the tax deducted in the next enter the Refund a/c id as "postmaster id(SOLid+0340) or Customer SB account" as shown

Then finally click on submit and note that there is no verification for refund of TDS done for SCSS account by the above procedure.

Source : http://pofinacleguide.blogspot.in/

S B Order No. 02/2016 : Acceptance of POSB business in the case of Finacle CBS application is not accessible or slow to accept transactions presented at the counter - invoking of Business Continuity Plan (BCP) regarding

Tips for FINACLE / CBS

Sukanya Samriddhi Account (SSA) Rules, 2016: Gezzette Notification

Sukanya Samriddhi Account (SSA) Rules, 2016: Gezzette Notification

The Gezzette of India

EXTRAORDINARY

PART II—Section 3—Sub-section (i)

PUBLISHED BY AUTHORITY

No. 181] NEW DELHI, FRIDAY, MARCH 18, 2016/ PHALGUNA 28, 1937

MINISTRY OF FINANCE

(Department of Economic Affairs)

NOTIFICATION

New Delhi, the 18th March, 2016

G.S.R.323(E).- In exercise of the powers conferred by section 15 of the Government Savings Banks Act, 1873 (5 of 1873), and in supersession of the Sukanya Samridhi Account Rules, 2014 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), dated the 3rd December, 2014 vide notification of the Government of India in the Ministry of Finance, Department of Economic Affairs number G.S.R. 863(E), dated the 2nd December, 2014, except as respects things done or omitted to be done before such supersession, the Central Government hereby

1.Short title and Commencement.-

(1) These rules may be called the Sukanya Samriddhi Account Rules, 2016.

(2) They shall come into force on the date of their publication in the Official Gazette.

2. Definitions.-   

In these rules, unless the context otherwise requires,-

(a) “Account” means the Sukanya Samriddhi Account opened in accordance with the provisions of these

(b) “Account holder” means a person in whose name the Account is held;

(c) “Act” means the Government Savings Banks Act, 1873 (5 of 1873);

(d) “Bank” means any branch of a public sector or private sector commercial bank authorized by the

(e) “beneficiary” means an eligible girl child who is a resident Indian citizen at the time of opening of the

(f) “deposit” means the money deposited by the guardian or by the Account holder in an Account ;

(g) “family” means a unit consisting of a person and his spouse (both or either of whom are alive or

(h) “financial year” means the period starting on the 1

(i) “guardian” means natural or legal guardian of the beneficiary;

(j) “Government” means the Government of India in the Ministry of Finance;

(k) “interest rate” means the rate, as may be notified by the Government, to be applicable for a complete or

(l) “maturity” means maturity of an Account on completion of a period of twenty-one years from the date of

(m) “post office” means any post office in India doing savings bank work and authorized to open an Account

(n) “notification” means a notification published in the Official Gazette;

(o) “CBS” means Core Banking Solution platform or any other electronic platform which electronically

3. Application of Post Office Savings Bank General Rules, 1981 and the Post Office Savings Account Rules,1981.-

The provisions of the Post Office Savings Bank General Rules, 1981 and the Post Office Savings Account Rules, 1981 framed under the Government Savings Bank Act, 1873 (5 of 1873) may be applied in relation to matters for which no Government to open an Account under these rules;

4. Opening of Account.-

(1) The Account may be opened by the guardian in the name of a beneficiary who has not attained the age of ten years as on the date of opening of the Account:

Provided that nothing in these rules shall affect a beneficiary born on or after the 2nd December, 2003, whose Account was opened on or before the 2nd December,2015.account and remains so till the maturity or closure of the Account;

(2) Every beneficiary shall have a single Account under these rules.

(3) An application for opening of an Account in the Post Office or the Bank under these rules shall be accompanied with the birth certificate of the beneficiary in whose name the Account is to be opened, along with other documents relating to identity and residence proof of the guardian.

(4) An Account under these rules shall be opened for a maximum of two girl children in one family:

Provided that more than two Accounts may be opened for girl children in a family if such children are born in

the first and/or in the second order of birth, on production of a certificate to this effect from the competent medical authority regarding the birth of such multiple girl children in the first two orders of birth in a family:

Provided further that the above proviso shall not apply to girl children of the second order of birth if the first order of birth in a particular family results in two or more surviving girl children.

5. Deposits. -

(1) The Account may be opened with a minimum initial deposit of one thousand rupees and thereafter any amount in multiples of one hundred rupees may be deposited in an Account subject to the condition that a minimum of one thousand rupees shall be made as deposit in a financial year in one Account.

(2) The total money deposited in an Account shall not exceed one lakh fifty thousand rupees in a financial year:

Provided that the deposit in excess of one lakh fifty thousand rupees in any financial year shall, if accepted due to any accounting error, not be eligible for any interest:

Provided further that such amount, which is deposited in excess of an annual ceiling of one lakh fifty thousand rupees, may be withdrawn anytime by the depositor.

(3) Deposits may be made in an Account till the completion of a period of fifteen years from the date of opening of such Account.

(4) An Account in which minimum amount as specified in sub-rule (1) has not been deposited shall be considered as an Account under default:

Provided that an Account under default may be regularised on payment of a penalty of fifty rupees per year along with the such minimum specified amount for the year or years of default .

(5) If in the case of any Account, the default is not regularised within fifteen years of the opening of the Account,then the whole deposit, including the deposits made prior to the date of default, shall be eligible only for interest rate prescribed for Post Office Savings Bank at the time of its maturity and any amount credited wrongly by way of interest into an Account under default shall be reverted to the Government account as soon as it comes to the notice of the Bank or the post office concerned.

(6) Sub-rule (5) shall not apply if the default occurred because of the death of the guardian of the Account holder who opened the account and in such cases, the Account shall be eligible for interest under rule 7.

6. Mode of deposit and date of credit.-

(1) The deposit in the Account may be made by the guardian or by the beneficiary concerned if such beneficiary has crossed the age of ten years.

(2) The deposit may be made.-

(a) in cash; or

(b) by cheque or demand draft drawn in favour of the postmaster of the post office concerned or the Manager of the Bank concerned where the Account is opened, with an endorsement on the back of such instrument made and signed by the depositor indicating the name of the Account holder and Account number in which the deposit is to be credited; or

(c) through electronic means (e-transfer) in the concerned post office or Bank if such post office or bank has access to the facility of CBS.

(3) The date of credit of the deposit to the Account shall be determined as under:

(a) where the deposit is made by cheque, the date of encashment of the cheque;

(b) where the deposit is made by demand draft, the date of submission of the same to the Bank or post office; and

(c) where the deposit is made by e-transfer, the date of deposit.

7. Interest on deposit.-

(1) The interest on deposit shall be compounded yearly at the rate notified by the Government in the Official Gazette from time to time and shall be credited, rounded off to the nearest rupee, to the Account of the beneficiary at the end of each financial year.

(2) The interest shall be calculated for the calendar month on the lowest balance in an Account on the deposits made between the close of the tenth day and the end of the month.

8. Operation of Account.-

(1) The Account shall be operated by the guardian till the beneficiary Account holder attains the age of ten years or till the beneficiary Account holder attains the age of eighteen years.

(2) The Account shall be operated by the beneficiary Account holder after such Account holder attains the age of eighteen years:

Provided that the Account may be operated by the beneficiary Account holder after such Account holder attains the age of ten years.

9. Premature closure of Account.-

(1) In the event of death of the Beneficiary Account holder, the Account shall be closed immediately, on the production of death certificate issued by the competent medical authority, and the balance at the credit of the Account and interest due thereon till the date of death shall be paid to the guardian.

(2) If, after the opening of an Account, the Account holder becomes a non-citizen or non-resident of India, intimation to this effect shall be given by the guardian or the Account holder to the post office or the Bank concerned, as the case may be, within a period of one month from the date of such status of the Account holder’s citizenship or resident status.

(3) In the event of change of status of the Account holder’s citizenship or residential status, no interest shall be deemed to accrue to the Account from the change of such status and the Account shall be deemed to be closed prematurely from that date.

(4) The balance at the credit of an Account on the date of deemed closure under sub-rule (3) shall -

(a) be returned, along with interest due, to the Account Holder and if the account holder is not alive, then to the guardian;

(b) in case, any interest was credited to the Account after the change of resident status or citizenship of the Account holder, be reverted to the Government account by the post office or the Bank concerned, immediately on being informed of such change in the status of the Account holder.

(5) Where the post office or the Bank concerned is satisfied, in cases of extreme compassionate grounds such as medical support in life-threatening diseases of the Account holder or death of the guardian, that the operation or continuation of the Account is causing undue hardship to the Account holder, it may, after complete documentation, by order and for reasons to be recorded in writing, allow premature closure of the Account:

Provided that no premature closure of an Account under this sub-rule shall be made before completion of five years of the opening of such Account:

Provided further that premature closure of an Account may be permitted, anytime after the opening of an Account, for any reason other than provided under this sub-rule, and in which case the whole deposit shall be eligible only for the interest rate prescribed for the Post Office Savings Bank.

10. Pass book.-

(1) On opening an Account, the guardian shall be given a pass book bearing the name, address and date of birth of the Account holder, date of opening of Account, Account number, name and address of the guardian, relationship with the Account holder and the amount deposited.

(2) A duplicate passbook may be subsequently issued in the event of loss, mutilation, etc., of the original passbook, on the written request of the guardian or the Account holder, on payment of a fee of fifty rupees and such fees shall be creditable to the Government account.

(3) The guardian or the Account holder shall have the option to maintain the Account records exclusively in electronic form, provided the post office or Bank concerned has access to the facility of CBS.

11. Transfer of account.-

(1) The Account may be transferred anywhere in India and from or to post offices and from or to Banks and between post office and Bank, free of cost on furnishing of proof of shifting of residence of either the guardian or the Account holder and otherwise, on payment of a fees of one hundred rupees to the post office or the Bank to which the transfer is made.

(2) The process of transfer shall be effected electronically if the post office or the Bank concerned, has access to the facility of CBS.

12. Withdrawal.-

(1) Withdrawal of upto a maximum of fifty per cent of the balance in the Account at the end of the financial year preceding the year of application for withdrawal, shall be allowed for the purpose of higher education of the Account holder:

Provided that such withdrawal shall not be allowed unless the Account holder attains the age of eighteen years or has passed tenth standard, whichever is earlier.

(2) The application for withdrawal under sub-rule (1) shall be accompanied by a documentary proof in the form of a confirmed offer of admission of the Account holder in an educational institution or a fee-slip from such institution clarifying such financial requirement.

(3) The withdrawal under sub-rule (1) may be made as one lump sum or in instalments, not exceeding one per year, for a maximum of five years, subject to the ceiling specified in sub-rule (1):

Provided that the amount of withdrawal shall be restricted to the actual demand of fee and other charges required at the time of admission as shown in the offer of admission or the relevant fee-slip issued by the educational institution.

13. Closure on maturity.-

(1) The Account shall mature on completion of a period of twenty-one years from the date of its opening:

Provided that the final closure of the Account may be permitted before completion of such period of twenty-one years, if the account holder, on an application, makes a request for such premature closure for reasons of intended marriage of the Account holder and on furnishing of age proof confirming that the applicant will not be less than eighteen years of age on the date of marriage:

Provided that no such premature closure shall be made before one month preceding the date of the marriage or after three months from the date of such marriage.

(2) On maturity, the balance including interest outstanding in the Account shall be payable to the Account holder, on an application by the Account holder for closure of the Account, and on furnishing documentary proof of her identity, residence and citizenship.

(3) No interest shall be payable once the Account completes twenty-one years from the date of its opening.

14. Power to relax.-

Where the Government is satisfied that the operation of any of the provisions of these rules causes undue hardship to the Account holder, it may, by order and for reasons to be recorded in writing, relax the requirement of that provision or provisions in respect of such Account holder, in a manner not inconsistent with the other provisions of these rules.

[F.No.2/3/2014.NS-II]

PRASHANT GOYAL, Jt. Secy.