Tuesday 28 March 2017

Posting of PPF/SSA Intersol deposits by PM at HO conifgured in DOP Finacle

Posting of PPF/SSA Intersol deposits by PM at HO conifgured in DOP Finacle




Implementation of 25,000 intersol limit

  • Cheques accepted for subsequent deposits in Sub Office PPF / SSA accounts are lodged at HO in 0017 account of HO and posting is carried out at HOs after clearance, to facilitate posting, as per SB order 5 of 2016 intersol limit has been configured as 1.5lakhs on 07/01/2017 as a temporary solution. 
  • Now Patch is deployed for implementing intersol limits from today.
  • POs are instructed to follow the below procedure for posting high value PPF/SSA deposits.
  • Postmaster role users at HO are given access to CPDTM/CPWTM menus (for PPF/SSA accounts) for posting the subsequent deposits through cheques of sub offices.
  • The high value deposits for PPF/SSA will be done by Postmaster instead of PA handling Cheque clearance.
  • Sol's may be advised to handle the PPF/SSA transfer transactions (in respect of clearing for amounts greater than Rs.25000) from PM role id using CPDTM/CPWTM.

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