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Showing posts from December, 2018

Important instruction for Opening of account and subsequent deposit by other Bank Cheque in Finacle

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This is regarding streamlining the transactions in office accounts 0382 (For opening of account and subsequent deposit by other Bank Cheque) and 0017 (CLEARING DR. A/C. OUTWARD CLEARING). This streamlining process is to resolve the below issues 1. 0017 office account is used both for outward clearing (by system) and subsequent deposits including RD agent transactions . 2. Several offices are not following cheque clearing process properly and debits for new account are made without proper credits resulting in huge debits in office account (0382). New Procedure to be followed 1. Cheques for New account Opening and Subsequent deposits should be lodged in office account 0382 ONLY (For opening of account and subsequent deposit by other Bank Cheque); from 01/01/2019 onwards. Cheque lodging will be allowed only in 0382. 2. Office account 0017 will be accessed by SYSTEM only for cheque clearing operations wef 01/01/2019 3. Balances in office account 0382 should always b...

Generate pay slip in Employee portal through SAP

Pay slips can be generated through SAP Logon in employee portal  Login to SAP ---) DOP Main screen ---) Employee Portal ---) Login again ---) Employee self service ---) Employee Payments ---) Salary statement ---) Select Month and Year ---) View Payslip

SB Order No. 14/2018 : Revision of interest rates for Small Savings Scheme

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SB Order No. 14/2018 : Revision of interest rates for Small Savings Scheme

Happy New Year 2019

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Revised charges for Aadhaar services w.e.f 01/01/2018

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RICT Day to Day Operations Flow Chart

How to open IPPB savings A/C in IPPB Finacle

Postal Life Insurance (PLI) - Death Claim Procedures

Documents required for processing Death Claim: 1. Original Premium Receipt Book 2. Original Policy Document 3. Death Certificate 4. LI-9 (b) (Claim application) 5. Medical certificate if the cause of death is other than Accident / Suicide/ Murder.  6. FIR & Postmortem Report in case of Suicide/Accident/Murder.  7. Claimant statement Procedure to be followed while processing Death Claim cases On receipt of claim application, the eligibility has to be checked along with the remission period. The Remission period is given below:  Death occurred (from date of acceptance of the policy) Remission period Within six months  Grace period (30 days) 6 – 12 months 30 days + Grace period 12 – 24 months 60 days + Grace period 24 – 36 months 90 days + Grace period More than 36 months 11 + 1 defaults Policy lapsed but having more than 36 credits. Eligible for auto paid up value.  1. If the death occurred within the remission period then th...

Retirement Age of CG Employees only 60 – No 58 and No 62

Retirement Age of CG Employees only 60! No 58 and No 62! There is also no proposal to increase or decrease the age of retirement of Central Government Employees GOVERNMENT OF INDIA MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS LOK SABHA UNSTARRED QUESTION NO: 1549 ANSWERED ON: 19.12.2018 Senior Citizen Entitlement of Employees RAVINDRA VISHWANATH GAIKWAD Will the Minister of PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS be pleased to state:- (a) whether the Government has worked out a plan to lower the age of senior citizen entitlement of employees to 58 years; (b) if so, the details thereof; (c) whether the Government is contemplating to increase or decrease the age for pension; (d) if so, the details thereof and if not, the reasons therefor; and (e) the details of salient features of pension policy? ANSWER MINISTER OF STATE IN THE MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS AND MINISTER OF STATE IN THE PRIME MINISTER’S OFFICE (DR. JITENDRA SING...

Duration of time fixed as 150 days after which the Speed Post articles is to be treated as lost [BD & MD - Directorate]

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The maximum period after which the Speed Post article will be treated as lost has been fixed as 150 days from the date of booking of article provided that a complaint is lodged within the period prescribed for lodging the complaint and e-search bill enquiry has been made and concluded as per instructions issued vide ibid letter of PG Division

USEFUL EXAM MATERIAL ON CCS CONDUCT FOR IPO EXAM

USEFUL EXAM MATERIAL ON CCS CONDUCT FOR IPO EXAM    Click here/download pdf

New Norms for Withdrawal of National Pension System (NPS)

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Minimum period for partial withdrawal has been reduced from 10 years to 3 years from the date of joining w.e.f. 10th August, 2017” NPS Withdrawal Norms The Pension Fund Regulatory and Development Authority (PFRDA) has changed the norms for withdrawal of National Pension System (NPS) subscribers. Keeping in view the possibility of sudden financial needs of the subscribers, the requirement of minimum period under National Pension System (NPS) for availing the facility of partial withdrawal from the mandatory Tier-I account of the subscriber has been reduced from 10 years to 3 years from the date of joining w.e.f. 10th August, 2017. The minimum gap of 5 years between two partial withdrawals has also been removed w.e.f. 10th August, 2017. A subscriber is eligible for three partial withdrawals during the period of subscription under NPS, each withdrawal not exceeding twenty-five percent of the contributions made by the subscriber and excluding contributions made by the emplo...

Seeding of Mobile Number in POSB Account is Mandatory [DO Letter]

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Major Points in DO Letter: Display in Notice board on benefits of Mobile linking with POSB Accounts. To Enable Internet banking intra fund transfer Help to curb fraudulent transactions and activities as the Customer will be kepy updated of each financial transactions

Revised Recruitment Rules for the post of MTS and Postman and Mail Guard

Revised Recruitment Rules for the post of Multi Tasking Staff and Postman and Mail Guard      Download

DARPAN CSI Work Process at Sub Office [RICT in SO CSI]

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DARPAN CSI Work at SOs/AOs Click below link to download the complete process about RICT (DARPAN) work at Sub Offices/Account Office:        Download

Internet Banking for POSB Customers launched on 14.12.2018

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Hon'ble Minister MOC (IC) is launching the Intra Operable Internet Banking of DOP on 14th December 2018.

Adhoc promotion of PAs to LSG Cadre in Odisha Circle

Click here  to view the complete memo issued by CO,Bhubaneswar on 14.12.2018

Regular promotion of eligible PAs to LSG Cadre in Odisha Circle

Click here  to view complete memo issued by CO,Bhubaneswar on 14.12.2018

Standard Operating Procedure, Application form and FAQ for DOP Intra Operable Internet Banking [India Post eBanking]

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Standard Operating Procedure – Internet Banking Introduction: Department of Posts has introduced Internet Banking facility for Post Office Savings Bank customers for CBS migrated Post Offices.  Eligibility Criteria for availing Internet Banking a. Customer should have Savings Bank account in CBS Office b. Either Single or Joint “B” account are eligible c. Joint “A”, Minor, Lunatic, Illiterate, BO accounts are not allowed for availing Internet Banking Pre-requisites a. Customer should provide a valid Email ID. b. Customer should provide a valid PAN number c. Customer should provide a valid mobile number d. CIF ID should be updated with correct First name, Last name, DOB, Father’s Name, Gender,  valid Identity and address proof, Correct present address, Mobile number, PAN Number and Mother’s Maiden Name Procedure to be adopted by the CBS POs for enabling internet banking facility for eligible Savings Bank account holder is as under: ...

How To Open Kisan Vikas Patra Account: Return, Minimum Investment Rules And Other Details

Money invested in a Kisan Vikas Patra 2018 account doubles in nine years and four months Kisan Vikas Patra (KVP) is one among nine small savings schemes offered by India Post. Investment in KVP at present fetches a return of 7.7 per cent. Interest on money deposited in the KVP account is compounded on an annual basis. The annual return of 7.7 per cent on the KVP small savings scheme is applicable for the quarter ending December 31, 2018, according to India Post's website - indiapost.gov.in. Money invested in Kisan Vikas Patra doubles in a period of 112 months (nine years and four months), according to India Post, which has a network of more than 1.5 lakh post offices in the country. Here are 10 things you need to know before invest in Kisan Vikas Patra 2018 in a post office: Minimum balance needed: A Kisan Vikas Patra account can be opened in a post office against a minimum of Rs. 1,000. The investor can pick any amount in multiples of Rs. 1,000 to invest in Kisan Vika...

About DoP Internet Banking

My Profile: 1. Change 'Sign-on' and Transaction Password. 2. Set Preferences. 3. Update channel id. 4. View personnel details. Accounts: 1. Accounts Summary. 2. Savings accounts details. 3. RD account details. 4. PPF accounts details. 5. TD accounts details. 6. NSC Account details. 7. Loan on RD details. 8. Loan on PPF details. 9. Tax deducted at source details. Transactions: 1. Manage Payee. 2. Manage Billers. 3. Initiate funds Transfer with in DOP. 4. Funds transfer outside DOP. 5. PPF account withdrawal. 6. View scheduled transactions. 7. Pay PPF Account/Repay Loan on PPF. 8. View recurring instructions. 9. Pay RD account. 10. View All Transactions. 11. Repay Loan on RD. General Services: 1. Mails. 2. Inquiry Facility. 3. Service Requests.

Transaction using CTM in IPPB Finacle

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This post will explain how to deposit/withdraw/transfer transaction in IPPB and to familiarize screen for transaction  Command used for the above mentioned transaction is same as in DOP Finacle but the interface is quite different. CTM Following screen will appear Select the Authentication Type (1). Any one of this (Aadhaar number/QR card No/Mobile number/Customer ID) can be selected to proceed.  Enter the unique ID of the Authentication type selected and click on Fetch Customer Details (2) Details of the customer will be fetched and following screen will appear All information of the customer will get fetched and will be displayed. For proceeding further OTP should be generated and validated. Though Capture Finger Print option is available to validate, it is now disabled and is directing to proceed with OTP validation.  For this click on Generate OTP (3) Six digit OTP will be generated to the customer mobile number This...