Friday, May 06, 2016

Finacle Training Lesson 12 [The power of HTM]

FINACLE TRAINING LESSON 12

Recap:

In the previous lesson we have studied in detail about PPF deposits. In this lesson we will learn about interest withdrawal procedures.

I recommend you to please read all the lessons before this lesson once again so that you remember well. From this lesson things will become a little tough. It’s important that you have everything in mind about what is taught till now.

Importance of Saving Accounts.

You guys might have observed in Banks, that if we go to make a fixed deposit they will first tell us to open a SAVINGS ACCOUNT. They will not accept any transaction from us until we open a savings account in their bank.

But that practice is not there in our post offices. If a customer comes for RD account we will open it without forcing the customer to open SB account. Same is the case for other account openings also.
I don’t say that the procedure we follow in our post offices is wrong, but it is not correct also. Since in this technologically advanced periods opening a Savings account will save lot of time and energy of counter staff. Wait do you think I have typed wrong by saying counter staff? Do you think opening of Savings account will only benefit customers? No absolutely not!

If customers open Savings accounts, then it will hugely reduce our work in the counters. Yes it’s true. You will know why I’m saying this after I complete this lesson.

MUST READ : STEPS TO FOLLOW TO PREVENT FRAUDS IN CBS POST OFFICES

If customer has a saving account, all the interests from MIS/TD/SCSS accounts will automatically get credited in the customers SB account. Customer can then withdraw the amount without coming to post offices also.

Yes they can withdraw the amounts from ATMs, they can transfer the amount using our Internet banking services, and they can use our mobile apps to make transactions. All these alternate ways of doing transactions are called as CHANNELS. So using different channels provided by Finacle, customers can complete their transactions without coming to post office also.

So since customers are not coming to post office to make all transactions, there will be huge relief for the entire counter PAs. So what we recommend is let’s work hard this one year and try to open SB accounts to all the existing customers. Even for new customers let’s first encourage them to open SB account before we do any other transactions.

Even in BOs thousands of accounts are opened. For 100 rs ten accounts are opened. Even for those accounts if you can open SB accounts and auto credit RD account from SB accounts, offices with BOs will be hugely relieved from work.

Now since we don’t have this practice of opening of SB accounts in office we will see the difficulties one by one.

Interest withdrawal transactions.

In case of SB withdrawal we would simply invoke CTM, enter account id and amount and click on submit. That’s it transaction is over. But here interest withdrawal is a lengthy process.

I hope you remember in the lesson 7 and 8 we have discussed about office accounts. If you don’t remember please refer to those lessons once.

In case of MIS/SCSS/TD the interest which is due every month/quarter/year will be automatically deducted from the respective account on the due date. This interest amount from MIS/SCSS/TD should actually be credited into the SB account of the customer. If it is auto credited to SB account we can use CTM to simply withdraw the amount from SB account.

But for those MIS/SCSS/TD accounts where SB accounts are not available the interest amount which is due will credited into the respective SUNDRY ACCOUNTS.

For example, MIS interest which is due every month will be credited into MIS Sundry account (SOL ID+0337) on the due date.

Similarly SCSS interest which is due every quarter will be credited into SCSS Sundry account (SOL ID+0338) on the due date.

Finally TD interest which is due every year will be credited into TD Sundry account (SOL ID+0335) on the due date.

Even for 1 year TD interest will be credited into TD sundry account on the date of maturity.
So the interest amount which is due in MIS/SCSS/TD accounts is actually should be withdrawn from MIS/SCSS/TD sundry accounts.
  • I hope you are getting my point.
MIS interest is withdrawn from MIS sundry account, SCSS interest is withdrawn from SCSS sundry account and TD interest is withdrawn from TD sundry account.

This process of withdrawing interest from respective sundry accounts is called as Interest Reversal. Interest is already withdrawn and credited into sundry account; we have to reverse this transaction from sundry account to make the payment to customer.

So let’s see how the reversal process is done.

Invoke the menu HTM and you will see the following screen. See the image below.


In this screen also we have to Choose Function Code and Transaction Type/Subtype. Here in HTM transaction type means whether you are making payment by cash or making payment by transferring the amount to customer’s POSB account or making payment by giving RBI cheque.
For making cash payments we have to select Transaction Type/ Subtype as C/NP – Cash/Normal Payment.
For payments by transfer to POSB accounts and payments by RBI cheque please select Transaction Type/ Subtype as T/CI Customer Induced.
We will see about the last option C/CT – Cash/Cash Transfer later. It is not used in interest withdrawal transactions.
So let’s do an MIS withdrawal transaction by cash first, and see how the process takes place.

So choose Function Code as ADD, and select Transaction Type/ Subtype as C/NP – Cash/Normal Payment since we are making interest payment by cash and click on GO. You will get the screen as shown in the image below. See the image below.


As you can see in the above image the form seems very complicated. For your information I’ll tell you that we can do all transaction like SB dep/wdl, RD dep, PPF dep etc can be done in HTM menu. But you need to know how to enter the correct debit and credit entries. Don’t worry we already have easy menus for those transactions.

In this screen there are so many fields. But the good news is you have to enter only 3 fields as I have shown in the image

Enter A/c ID as MIS Sundry account ID. (SOL Id +0337). Then enter the amount and lastly enter the actual MIS account number in Reference number field.

How to check the signature for making withdrawal then? Simple! If you want to check the signature of the customer, before entering the MIS sundry account ID in A/c Id field enter the actual MIS account number and press F9. System will show you the signature when you press F9. After confirming the signature delete the actual MIS account id in the A/c id field and then again enter the MIS Sundry account ID.
So
Enter MIS sundry ac number in A/c Id field.
Enter the amount in the Ref.CCY/Amt field. (Ref CCY means Reference currency. Since we are doing all transactions in rupees Ref.CCY will always be INR (Indian Rupees))
Enter actual MIS account number in Reference number as shown in the image.
Click on GO
Why click on GO instead of POST? In previous transactions we never clicked on GO. Let me explain why.
MIS sundry account will have deposits related to all those MIS accounts which do not have SB accounts linked to them. So while making reversal transaction from Sundry accounts we have to clearly mention about which MIS account, the reversal is taking place. So to tell Finacle about which MIS account we are making the reversal we have to enter some details which are called as ADDITIONAL PART TRANSACTION DETAILS.

If you see in the image it is already selected as Additional Part Tran Details. So when we click on GO a new screen will open where we can give the additional part transaction details about the transaction which we are doing.

So after you click on GO a new screen will appear as shown in the below image. See the image below.


The screen which we see above is the search screen. In MIS Sundry account there will be thousands of transactions relating to all those MIS accounts which do not save auto credit to SB. So to make it easy for us, a search screen will appear. Using this search screen we will search for that MIS interest transaction which was credited in MIS sundry account on the interest due date.

Before that Lets first know about the important terms in this screen

In this screen we are searching for all those transactions with reference to actual MIS account in MIS sundry account where transaction amount starts from 2000 to 2000.
Please understand the above statement carefully. If you see the image we have fields like START AMT, END AMT, REF NO, and FILTER.

We enter the actual MIS account number again in ref no field and Start amt, End amt fields automatically the amount which we entered in the first screen will come.

So what actually happening is System will search in MIS sundry account for transactions related to the MIS account which we entered in Ref no.

Sometimes an error will come as shown in the figure below.

  • I think many of you will be familiar with this error. When we get this error we simply delete the start amt and end amt. But why should we delete them?
  • The reason we are getting this error is, there are no transactions with reference to the MIS account number in Red No in sundry account where amount is 2000.
  • I hope you are getting my point.
  • So let’s say first we delete only Start amt. See the image below.
  • Since we have deleted Start amt. Finacle will now search for all those transactions in MIS sundry account with reference to the actual MIS account whose amount starts from 0 to 2000.
  • I hope you are following the point
  • Similarly let’s try deleting End amount and let’s see what finacle will do. See the image below.
  • When we delete the end amount Finacle will now search for all those transactions in MIS sundry account with reference to the actual MIS account whose amount starts from 2000 and it will show all transactions above 2000.
  • I’m sorry but this is all necessary. I know it’s a bit confusing. But to become an expert you should know all this stuff.
  • Now what will happen if we delete both Start amt and End amt? The answer is simple. Finacle will search for all the transactions in MIS sundry account with reference to the actual MIS account.
  • If you are getting confused, try these steps at your office. Try deleting Start amount once and End amount and both. See what happens. Check for different accounts. You will slowly understand what I’m trying to say.
  • Let’s complete this transaction first.
  • In the second screen just enter the Ref no and click on GO. The following screen will appear. See the image below.
  • In this screen we will see that interest entry which was deposited in MIS sundry account. To complete the transaction just click on the check box as shown in the image and click on accept.
  • Oh my god this single transaction is taking so much time to explain and the bad news is there is still so much to explain.
  • We will continue about this transaction in the next lesson. I request all of you to please read this lesson and the next lesson tomorrow so that you get good grip on all HTM transactions.
Read more

Source : poupdates.blogspot.com

Steps to prevent Frauds in CBS offices [PART I]

Steps to be taken by Counter Supervisors/Postmasters to prevent frauds in CBS post offices


To our utter disappointment we came to know that a PA from Ahmednagar Division has made manipulations in sanchay post data and in Finacle also using the ids and passwords of other officials. 

What a disgrace! 

We pity those officials who are unknowingly got involved in this fraud. We bitterly condemn these kind of fraudulent activities. 

Even though we cannot control the minds of fraudsters but we can control their activities and kill the idea of fraud in their mind. Just follow the below steps seriously and save yourselves from getting caught up in frauds done by others.

Do not reveal your passwords to anyone 

To know who to trust and whom not to trust is battle long lost. Don't be in a hurry to run to homes by giving your passwords to others and ask them to complete your quota of work. Many of you may deny this but it is undeniable fact in our offices.

Save yourself by saving your passwords. Save yourself by properly discharging your duties. If you properly supervise your counters you can kill idea of fraud in the budding stage itself. Fraudster's will not mess up with sincere supervisors.

Supervisors/Postmasters Leave the office after everyone has left the office only

It's true that everybody wants to go home early. But waiting 5 more minutes after everybody has left the office won't get any late for you. Leave the office only after everybody has left. This action of yours will create a fear in the minds of fraudsters.
Don't blindly sign the LOTs and Consolidations generated by the counter PAs.

How many of us check all the transactions in LOT with vouchers? How many us add all the counter LOTs, auto lists and check with the consolidations? 

From now on wards follow this step. Because you will be leaving office after everyone has left the office. Take a couple of minutes to generate the CONSOLIDATION REPORTS of all schemes again and compare them with those accounted for by the counter staff. If you find any discrepancy you can immediately refer to take action.

At least generate the reports on the next day morning and check with yesterday's entries. Have a constant vigilance. 

Attention HO's SO SB staff

Apart from following above steps at HO SB counters do this also. Please generate the consolidation reports of all SOs and check those amounts with the figures in SO Summary. Don't just keep quite by checking with consolidations sent by SOs and comparing them with SO summary. 
Physical cash Should be tallied with that of Teller Cash amount
Many offices are not serious about checking cash position in Finacle with that of physical cash. Physical cash should compulsorily tallied with that of cash position shown in finacle. Supervisors should make sure to check teller cash positions of your counter staff using HTCPIAE and check whether they have correctly accounted for the cash.

We will give you more tips to check in the next part. 

Please be alert and be safe.
Source : poupdates.blogspot.in

MACP on Promotional Hierarchy – Associations Demand for Withdrawal of SLP from Supreme Court

Mr. SK. Mann President, National Head Quarters Confederation of Defence Recognised Associations (CDRA) has written a letter to the Prime Minister of India, regarding MACP on Promotional Hierarchy. here are the quotes :

1. With profound regards we on behalf of more than 50 recognized associations functioning in various directorates of MoD request your honour for redressal of our genuine and justified grievances with regard to the injustice about the financial up-gradation under MACP Scheme inflicted upon the weaker section of the subordinate employees by the Govt of India during 2009 quite wrongly and against all the canon of justice. During the regime of NDA Govt. heated by the then Hon’ble Prime Minister Shri Atal Bihar Vajpayee Ji an ACP Scheme to the employees of group B. C & D was granted in the form of two financial up-gradations in the promotional hierarchy after completion of 12 & 24 years service as a ‘safety net’ to deal with the problem of genuine stagnation due to inadequate promotional avenues. Alas! The above just and genuine scheme was ruthlessly distorted and destroyed during 2009 by the then UPA Govt by converting it into the MACP Scheme on Grade pay basis instead of the promotional hierarchy as it was in ACPS, resulting into the great detriment and huge financial and terminal benefit loss to the employees.

2. It is submitted with respect that the said scheme of MACPs was switched over from existing ACPS without having any consideration of anomalous consequences and awful repercussions in the matter of financial discriminations. With a view to further clarify the anomaly of this scheme it would be imperative to quote an example here that a Junior Engineer in MES who complete his 24 years service on 31-08-2008 shall be granted the 2rd up-gradation in pay scale of Executive Engineers i.e. in the PB-3 (15600-39100) + Grade Pay 6600/- in the erstwhile ACPs, where as the another Junior Engineers having completed the 30 years on 01-09-2008 is eligible for 3rd up-gradation in PB-2 (9300-34800) + Grade Pay 5400/- under the modified ACPs resulting in huge loss at least Rs. 20,000/- per month even after putting 6 years extra period of his services. Subsequently these anomalous and unjust projections were consequently brought into the notice of the authorities and persuaded vigorously but all in vain despite their admission about the said anomalies.

3. Finding no way out, the employees from different departments of Central Govt including MoD sought for the legal intervention by filing the petitions in the Hon’ble CAT Chandigarh, New Delhi, Guwahati, Calcutta and Ernakulum etc. Wherein all the judgments were in favour of the employees directing the respondents to grants the MACPs in promotional hierarchy. In the appeals filed by the Govt. in the Hon’ble High Courts the orders of the various CAT stands upheld Unfortunately, the Govt. further preferred to file the SLPs in the Hon’ble Supreme Court against the orders of the Hon’ble High Courts admittedly, the Hon’ble Supreme Court would take a considerable time to deliver its judgment on the said SLPs. Such delay to deliver the justice shall adversely affect a large chunk of the poor employees who are not in position to contest the case in Supreme Court owing to their financial constraints. In this context it is pertinent to mention here that the Hon’ble Supreme Court opined that in case of service matters where the High Courts and benches of CAT delivered the judgements in favour of the employees, no appeal in the Supreme Court by the Govt. is desirable.

4. We would also like to draw your kind attention to the fact that earlier the status of CAT remained equal to High Court and an employee had to contest his case at two stages only i.e. in CAT and then in Hon’ble Supreme Court but later on the channel contesting the case became CAT then High Court and then further Hon’ble Supreme Court. Therefore the opinion of Hon’ble Supreme Court that way is quite genuine.

5. In view of the above mentioned circumstances we pray before your esteemed authority to kindly be graciously pleased to direct the concerned department of Govt, of India for withdrawal of SLPs from the Hon’ble Supreme Court in order to provide the relief to the weaker sections of the society and to meet the ends of justice as a special case. We do hope that your kind action in the matter will certainly bring the good days for the subordinate employees of the Central Govt.

Government takes strict action against defaulting / non performing tax officials / officers

Press Information Bureau 
Government of India
Ministry of Finance
05-May-2016 17:28 IST

Government takes strict action against defaulting/non performing tax officials/officers; 
For the First Time, 33 officials / officers including 7 Group ‘A’ officers prematurely retired for non-performance and 72 officers / officials including 6 Group ‘A’ Officers dismissed in other departmental / disciplinary actions in the last two years. 

There is a general perception that no action is taken against the defaulting tax officials for their non performance as well as in case of harassing the tax assesses among others. The present Government has taken various steps to change this perception following the principle of good governance. After the present Government took over two years back, it has taken strict action against such revenue officers/officials in order to fix their accountability. 

For the first time, 33 officers / officials of the Revenue Services, including seven Group ‘A’ officers, have been prematurely retired for non-performance under Rule 56(j) of CCS (Pension) Rules. Further, 72 officers / officials have been dismissed including six Group ‘A’ officers, in other departmental/ disciplinary actions in the last two years.

MINUTES OF THE MEETING HELD ON 28.04.2016 TO DISCUSS THE ISSUES RELATING TO REPEAL OF PENSIONS ACI,1871

MINUTES OF THE MEETING HELD ON 28.04.2016 TO DISCUSS THE ISSUES RELATING TO REPEAL OF PENSIONS ACI,1871



On PM Modi’s Orders, Centre Says Bye to 33 Non Performing Officials

On PM Modi’s Orders, Centre Says Bye to 33 Non Performing Officials – Over the last two years, 72 officials have also been dismissed.
Non-performance will no longer be tolerated: To drive home this Good Governance message of Prime Minister Narendra Modi, the Centre has ordered 33 senior officials of the revenue department to take premature retirement.

Over the last two years, 72 officials have also been dismissed following departmental and disciplinary action. But this was the first time that action was taken against such a large group. All 105 officers were Class 1 officers and are above 50 years in age.

Action against the revenue officials was part of several measures to change the officials’ perception that poor performance or harassing the public would not impact their job, said a senior personnel ministry official.

PM Modi had been regularly receiving complaints from various departments about officials who were either indifferent or harassed the public.

In January, PM Modi had asked all departmental secretaries to take stern action against non-performing officials during a meeting called “pragati interaction”. Secretaries were asked to draw up a list of officials who were non-performing as a rule.

Later that month, the Centre had shortlisted 122 deputy secretary level officials in various ministries and departments. Of them, 17 were from the Defence ministry, 13 from higher education, 7 from the health ministry and 6 from commerce ministry. Even officials from critical units, like National Intelligence Grid and the National Scrutiny Council were on the list.

To scrutinise their records, the Department of Personnel and Training had written to the administrative officials of 34 departments seeking inputs.

The government said they are working on an exercise to rotate officers working in sensitive posts to improve efficiency.

LTC Norms Eased – Employees to get Reimbursement of Rail Fare for Children

LTC Norms Eased – Employees to get Reimbursement of Rail Fare for Children – As per norms, a government employee gets to and fro journey cost reimbursement when he avails LTC.

LTCRelaxing Leave Travel Concession (LTC) rules, the Centre will now reimburse full train fare incurred by its employees on purchase of tickets for their children aged between five and 12 years.

The move comes after Department of Personnel and Training (DoPT) received several references from various ministries seeking clarification as to whether the full fare charged by the railways for reservation of berth for children between 5 years and 12 years shall be reimbursable while availing LTC facility.

The move comes after Department of Personnel and Training (DoPT) received several references from various ministries seeking clarification as to whether the full fare charged by the railways for reservation of berth for children between 5 years and 12 years shall be reimbursable while availing LTC facility.

The matter has been examined in consultation with Department of Expenditure, Finance Ministry and it has been decided that for the family members of the government servant, aged between 5 years and under 12 years, the actual rail fare shall be reimbursed for LTC, as per the choice of rail tickets purchased by the government servant, an order issued by the DoPT said.

Ministry of Railways had earlier decided that in case of children above 5 years and under 12 years of age, for whom full berth or seat is sought at the time of reservation, full fare shall be charged.

The order said if a berth or seat has not been sought for such children at the time of reservation, then half of the adult fare shall continue to be charged. This would be effective for travel with effect from April 10, this year.

As per norms, a government employee gets to and fro journey cost reimbursement when he avails LTC.

Changing of Password of India Post eMail

Change of Password notification will available in the Top the Outlook web App. It will notify if the remaining days is less than 15. we can change password of the India Post Mail by click on Yes button otherwise we may go to the following option to change the Password.


  • By Click on Settings > Change Password. The following screen will appear while changing it.
It has been decided and repeat instructions are given by the DOP to use of India Post mail service for the official communication other than written communication to avoid the leakage of the Department confidential information.
Visit India Post Mail by using the below link

Fix Windows 7 OS Shutting down Problem

Problem With Windows 7 Shutdown and Solution

In Some critical situation we may face the issues on Windows 7 while shutting down the PCs as it takes more time to close the running application.

  • Normally if we click on Shutdown button in Windows it may close all the running applications then logged out from the current user then apply & save the changes in Operating System. It will invoke the shutdown once the above steps are completed.

Follow steps the below procedure :


Virtual Network Operators (VNOS)+ Adthaar Will Create robust Platform

A news clip of Financial Express dated 11the April 2016

Click here to Complete Order Copy Published in India Post

No leakage of email and mobile numbers from user profile data of IRCTC E-ticketing system – IRCTC

No leakage of email and mobile numbers from user profile data of IRCTC E-ticketing system – IRCTC

“About 5.48 lakh tickets were booked in a single day in April 2016 with 2.66 lakh peak concurrent users. About 13,600 tickets per minute were booked.”

Clarification regarding website of IRCTC Which sells E-Ticket of Indian Railways

News Reports have appeared in some Electronic and Print media regarding alleged leakage of email and mobile numbers from user profile data of IRCTC E-ticketing system. Indian Railway Catering and Tourism corporation (IRCTC) is a PSU of Indian Railways. Its website irctc.co.in is used for purchasing Railway E-Tickets.

Firstly, Indian Railways would like to clarify that there has been no hacking of the IRCTC website. The E-ticketing website has been working normally thereby eliminating any chances of unauthorized interference. As soon as the matter came to notice of Railways on 02/05/2016, thorough investigations were conducted to detect veracity of the news, however, no such incident has been detected. The Ministry would like to assure that all necessary Safeguards and security checks are in place for this website. There is a system of regular security audits by concerned departments of government of India. All the components of the system are functioning normal and no unusual activity has been discovered. All sensitive data like passwords etc are stored in encrypted form. In addition to this, 24×7 monitoring of the system is done throughout the year by technical team of experts. Hence there is no cause for any panic or concern. A Railway committee set up couple of days back, in its preliminary report has not found any indication of breach of security in any of the databases of the E‑ticketing system.

The complete facts about the matter is given below :-

The News Reports have appeared in some Electronic and Print media regarding alleged leakage of email and mobile numbers from user profile data of IRCTC E-ticketing system. Indian Railway Catering and Tourism corporation (IRCTC) is a PSU of Indian Railways. Its website irctc.co.in is used for purchasing Railway E-Tickets-ticketing system is managed in-house by CRIS, the IT arm of Indian Railways. The Data centre is in the premises of CRIS. As soon as the matter came to notice of Railways on 02/05/2016, thorough investigations were conducted to detect veracity of the news, however, no such incident has been detected by the technical teams of Centre for Railway Information Systems (CRIS) and Indian Railway Catering and Tourism Corporation (IRCTC).

No “Denial of Service attack” (DoS/DDoS) has been successful and the E-ticketing website has been working normally thereby eliminating any chances of unauthorized interference. About 5.48 lakh tickets were booked in a single day in April 2016 with 2.66 lakh peak concurrent users. About 13,600 tickets per minute were booked.

The E-ticketing system has several components viz., internet gateway, network security devices such as gateway router and Firewall, Application Delivery Controller, Security Information Event Management System (SIEM) web server and database server access logs. Each of the components has been checked and none of the components has been found to have unusual activity. Technical investigations have also not indicated any unusual activity with respect to various system components.

The IT security of E-ticketing system is ensured through regular security audits by Standardization Testing Quality Certification (STQC) directorate of Department of Electronics and IT, Government of India. The entire traffic flowing on E-ticketing system internet gateway is also forwarded to CERT-In in real-time for monitoring and alerting. The gaps reported by STQC in their penetration testing have been addressed. However, auditing is an ongoing process and security audit of E-ticketing system is undertaken biannually.

Audit trails are maintained for access to the system and all sensitive data like passwords etc are stored in encrypted form. In addition to this, 24×7 monitoring of the system is done throughout the year by technical team of experts. Strict physical checks are already in place in the Data centre like restricted access to Data centre, CCTV cameras at entry and exit points of Data centre.

The data of E-ticketing system can be broadly categorized into two categories viz., sensitive information like Debit/Credit Card details, Login ID, Passwords, which could cause potential financial risk. PAN card detail is not required for booking E-ticket. No sensitive data has been alleged to have been leaked.

It is clarified that other data like mobile number and email ids is available with a large number of electronic service providing entities viz., E-commerce firms, telemarketers etc. Email and mobile numbers have to be shared with service providers for providing catering services, cab services, hotel bookings, SMS services, etc. Till now, leakage of data through none of the service providers of IRCTC has been established.

A joint committee comprising of officers from both CRIS and IRCTC has been set up. The committee in their preliminary report has not found any indication of breach of security in any of the databases of the E‑ticketing system. Further investigations by this committee is in progress and once the purported leaked data is made available, further checks will be conducted.

Source: PIB News

Small towns help Speed Post double revenue in 5 years

Growing commerce in small towns is expanding the business of Speed Post - the express mail service from India Post. Despite dividend payments and annual reports moving to electronic transfers, Speed Post revenues have doubled in five years, partly due to e-commerce and also due to the postal department's near monopoly status in smaller centres.

For the year ended 2015-16, Speed Post's revenue touched Rs 1,645 crore, an increase of 10% over the previous year, and the number of parcels shipped crossed 43 crore, which translates into 3,400 deliveries a minute considering the working hours. The average annual revenue growth over this five-year period has been 17.7%, probably the highest among the domestic express-courier services in the country.

"Nearly 30% of business is now coming from small towns and mofussil centres," said P N Ranjit Kumar, postmaster general, Mumbai region. The department's business is concentrated among the top 15 cities. "Part of the reason is because printing and bulk mail is concentrated in some cities like Manipal," said Kumar.

To tap new segments, the department is now offering services such as cash on delivery, SMS alerts, login id to corporate customers to track bulk articles and API (application programming interface) to e-commerce companies that allows them to get raw data regarding their consignments. "In coming years, we see express delivery being super-specialized. Customers will expect consignments to be delivered within a specific time frame in a defined location. This will be possible with postmen carrying hand-held devices. We are also introducing new technology such as parcel-vending machines," said Kumar.

According to the Express Industry Council of India, the size of the country's express-courier segment is estimated at Rs 10,000 crore. The industry is expected to grow at 25% annually. The key drivers are seen to be e-commerce and the eventual passage of the Goods and Services Tax, which will bring down trade barriers within the country.

"Revenue from Speed Post has been growing at an average annual rate of about 17.7% over the last five years. The product has managed to this by competing in an open market without any government protection," said Kumar. He added that in the past two decades, there has not been a single year when revenue has dipped

33 defaulting/non performing Income Tax Officials prematurely retired and 72 dismissed in disciplinary action in last two years

Government takes strict action against defaulting/non performing tax officials/officers; For the First Time, 33 officials/officers including 7 Group ‘A’ officers prematurely retired for non-performance and 72 officers/officials including 6 Group ‘A’ Officers dismissed in other departmental / disciplinary actions in the last two years.

There is a general perception that no action is taken against the defaulting tax officials for their non performance as well as in case of harassing the tax assesses among others. The present Government has taken various steps to change this perception following the principle of good governance. After the present Government took over two years back, it has taken strict action against such revenue officers/officials in order to fix their accountability.

For the first time, 33 officers / officials of the Revenue Services, including seven Group ‘A’ officers, have been prematurely retired for non-performance under Rule 56(j) of CCS (Pension) Rules. Further, 72 officers / officials have been dismissed including six Group ‘A’ officers, in other departmental/ disciplinary actions in the last two years.

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 

6. Click on Product Tab then the screen will appear as shown 

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. 

Revised CSV uploading tool for use of CPCs (PLI/RPLI)

Revised CSV uploading tool for use of CPCs (PLI/RPLI)

Username: apco
Password : apco

Option of Age Proof in McCamish with reference to RPLI Proposals

Option of Age Proof in McCamish with reference to RPLI Proposals

Finacle Training Lesson 11 [RD Deposit by Cheque, PPF Deposit by Cash/ Cheque]

Finacle Training Lesson 11 RD and PPF Deposit in Detailed version

FINACLE TRAINING LESSON 11
Recap:
In the previous lesson we have learnt about verification of transactions and how to do RD deposit by cash. If you did not read the previous lesson, please read it first and come back to continue. In this lesson we will continue about RD deposit in different modes.

RD Deposit by POSB cheque

  1. Invoke the menu CRDP. After invoking CRDP menu you will get a new screen. In the new screen choose Function as ADD, and this time choose Transaction Type as T/CI – Transfer Customer Induced. Now click on Go (or press F4).
  2. In the new screen that appear after clicking on GO; enter RD account number and Total amount. Now see the image below.

  • Since customer is paying the deposit amount by cheque we have to choose mode of payment as cheque as shown in the figure above. After that, enter the remaining details about the cheque (cheque date, cheque number, account id) and transfer amount. Transfer amount should be same as transaction amount.
  • Since transfer amount should be same as transaction amount, we should note that, if customer is paying a defaulted subscription, then cheque should be given for the amount including default amount.
  • For example: Customer is paying RD installment of a defaulted month. Let’s say denomination is 1000, so default amount will be Rs.10/-. So customer should give a cheque for Rs.1010/-. We cannot accept cheque for Rs.1000/- and default as cash. This is because the while doing RD deposit by cheque Finacle will automatically debit the SB account related to that cheque.
  • Similarly if the customer is making advance deposits, then cheque should be accepted for amount deducting the rebate amount.
  • For example: Customer is paying 12 installments of an account with denomination 1000. So rebate will be 400. In this case we have to accept cheque for Rs.11600/- only.
  • Same caution should be exercised while accepting bank cheques also. Amount should include default if paying for defaulted month; rebate should be deducted if paying advanced deposits.

RD Deposit by Bank Cheques

  • Rd deposit by bank cheque is same as RD deposit by POSB cheque, except for the following points.
  • Choose mode of payment as Transfer
  • Enter Account ID as Sol ID+0017 ( I’ll explain later why we are entering account number as Sol Id+0017)
  • Enter Value date as Cheque clearance date.
  • See the image below and you can observe the differences.

  • So this is how we do RD deposit by bank cheque.

Verification of RD Transactions.

  • To verify RD transactions invoke the menu CRDP. Choose Function as POST. Then enter the transaction ID and click on GO. Verify the entries on the screen with those on the RD voucher. If everything is found correct, then click on SUBMIT. That’s it verification is over.
  • Note: If anything is found incorrect in the transaction, we can delete the transaction and re enter the transaction. Care should be exercised while verifying RD deposits. Because counter PA has done any mistake in RD deposit and supervisor verifies it by mistake we cannot do anything in that case.

PPF Deposit by Cash

  • Since all offices have become online, a dilemma has come whether C class offices should accept PPF deposits or not. Customers will be coming to all post offices now because all offices are becoming online.
  • I’m not sure but I think we can accept PPF deposits of any office at any office. But to open, close or any other modification of PPF accounts should be redirected to home office only. That means even single hand may accept PPF deposits. Because customers may come to all offices for PPF deposits it’s better to learn how we do PPF deposits in Finacle.
  • Let’s see how we do PPF Deposits in Finacle. Invoke the menu CPDTM and you will see the following screen.
  • As we have seen in RD deposit screen, this PPF deposit screen also has Function Code , Transaction Type initiating sol id etc.
  • Choose Function Code as Add. We have seen in RD deposit that transaction type means whether the customer is paying by cash or POSB cheque or by bank cheque. Since in this transaction we are doing PPF deposit by cash we will select Tran Type as C/NR- Cash Normal Receipt. For deposits by POSB cheques and bank cheques choose Tran Type as T/CI- Customer Transfer.
  • There is another field Type in this screen. What does it mean? Do you remember in CTM menu there was a field Function Type? Type and Function Type are same. Since CTM menu was used for both deposit and withdrawal transactions, we select Function Type as either deposit or withdrawal to tell Finacle which transaction we are doing.
  • Similarly, CPDTM menu is used for normal PPF deposit, Loan principle repayment and loan interest repayment. So to tell finacle which transaction we are doing, we choose appropriate option in Type.
  • It would have been better if Infosys people used the same terminology in all menu screens. But what we can do? Let’s just learn in this way only.
  • Now if you have our book Pineapple in your hand, please refer to the section 5.1 once. Notice the first 4 steps in the book.
  • Read the steps in the above image and once read the present topic of PPF deposit by cash from the beginning. You will notice that both are very much same. Except in this training lesson we elaborated each option and in the book steps are short and to the point.
  • In the book we just gave instructions so clear and to the point that it would be easy for you in the counter to quickly do the transaction. But unfortunately many of us did not know what is meant by invoke the menu, function, transaction type/sub type, type and all this stuff.
  • I hope you understand my point. Now after these training lessons using the book will be very easy. You can easily understand every step in the book.
  • So after selecting all the options, click on GO or press F4. Make habit of pressing F4. Minimize the use of mouse. Always keep your left hand on F4 so that as soon as you complete filling up the forms, quickly press F4. Use right hand to enter numbers, pressing F10 (to submit/post) and minimum use of mouse.
  • You will see the screen as shown in the below image after pressing F4. See the image below.

  • As we have done in previous deposit and withdrawal transactions, just enter the account number and amount and press on submit. Your transaction will be completed.
  • In this screen see PPF subscription paid field. In this field finacle will show us the amount of subscription paid in the current financial year.
  • That’s it PPF deposit by cash is over.
  • I’ll not explain the verification procedure for easy transactions from now onwards. Take it as challenge and try yourselves. People will laugh at me for saying verification as challenge. Because it so easy. So try yourself. But having said that verification is easy, you need to properly check whether all the entries made by counter PA are correct before you press the submit button.
  • Let’s move on to the next topic.

PPF deposit by POSB/Bank Cheques.

  • Just follow the same steps as I said in the above transaction. The only difference will be choose Transaction Type as T/CI – Customer Transfer.
  • Choose all the options and click on GO. You will see the screen as shown below. See the image below.

  • As usual enter the PPF account number and amount. Only extra step in this transaction is to enter the debit account number. In the image it is shown as Account Number (Dr). In this field we have to enter the SB account number if customer gives POSB cheque for withdrawal. If the customer gives bank cheque, then we have to enter SOL Id+0017 as account number. That too after clearance of the cheque and enter clearance date in value date.
  • I’ll tell in detail why we have to enter Sol ID+0017 as account number for bank cheques while explaining the process of sending bank cheques for clearance.
  • That’s it click on submit, note down the transaction ID and verify the transactions.
  • With this lesson we complete the basic deposit and withdrawal transactions which we do in the counter. Tomorrow we will start learning about MIS/TD/SCSS interest withdrawal transactions.
  • Points to be remembered
  • Just read this lesson while you are doing transactions tomorrow. You will feel you have learnt new things. That will improve your confidence of working with finacle.
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Source : poupdates.blogspot.com

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