DMCC Instructions regarding configuration of Interest rate for Small Saving Schemes in DOP Finacle

Dear Sir/Madam

I am directed by competent authority to convey the following

New Small Savings Interest rates with respect to TD, MIS, SCSS, NSC, PPF and SSA schemes have been configured in Finacle with reference to the rates received wef 01/07/2017. 

As per orders of Directorate, Opening of NEW ACCOUNTS IN RD/KVP/NSC has been disabled temporarily till receipt of fresh maturity tables from Ministry/Directorate.

Hence opening of NEW ACCOUNTS in RD/KVP/NSC with account open date as 01/07/2017 or later, will not be allowed till the interest rates are configured.

Infosys has been asked to put up an appropriate ticker in Finacle regarding disablement of account opening in RD, KVP and NSC for the information of the users accessing the application from 01/07/2017.

This may please be brought to the notice of Post offices immediately

Thanks and Regards
Gopinath S
Inspector Posts
Chennai 600 002