Showing posts from October, 2016
CLEARING FAQ’s 1. What is Inward Clearing? Inward clearing is a cheque drawn by a drawer (DoP customer) from a drawee bank (DoP) in favor of a customer belonging to other bank which is the presenting bank. 2. What is Ou…
Generally in DOP every HO concerned postmaster will prepare the list of higher value withdrawal accounts from all the SO's under that HO and including HO accounts. Every HO postmaster after preparation of list of higher …
Generally we will use the menu HCAAC for closure of SB accounts in DOP Finacle. HCAAC stands for A/c closure Transaction A/cs But in some cases when we try to close the SB account we will generally face the error- "The …
YOU CANNOT CHANGE THE CIF OF SECOND DEPOSITOR USING HCCA MENU What the FFFF bro? Then how do we change the cif id of the account. See guys the situation of changing the CIF arises a) when we are trying to close a join…
When we are opening BO accounts in DOP Finacle in SO/HO now we are getting the warning message “RICT Unique number is not entered. Do you want to proceed” This is only warning message and the root cause of the message is du…
In Finacle as we all know that while logging to the Finacle application there is no bio-metric detection of that user hence there might be chances of misuse of the user ids hence we have to strictly follow the below precautions…
SB Order No 10/2016 : Revision Of Interest Rates For Small Savings Schemes
ON 06 OCTOBER 2016 RBI ISSUED OPERATING GUIDELINES FOR PAYMENT BANK ( IPPB IS ALSO A PAYMENT BANK ) RBI/2016-17/80 DBR.NBD.No.25/16.13.218/2016-17 October 6, 2016 Chief Executive Officers of Payments Banks Madam /…
As per SB Order 9/2016 dated 23/09/2016, “commission under Pay Roll Savings Scheme (PRSS) will be discontinued with effect from 01/10/2016”. But most of them are having doubt whether we should accept PRSS lists from the a…
Runtime error /BUFFMAN error thrown during License expiry date modification in HDSAMM Error :- Runtime error /BUFFMAN error Solution :- It has been informed by Infosys that the issue will get resolved if the License ex…
Partly posted transaction will be created in the following scenarios as mentioned below If Teller has no cash while doing withdrawal / closure transaction If account involved in the transaction has no sufficient fund Se…
Generally in SCSS interest will be paid to the customer on quarterly basis in DOP. In DOP we generally HTM menu in order to withdraw the amount from the SCSS Sundry account(SOLID+0338). To check how much amount of inter…
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 …
APY stands for Atal Pension Yojana which in introduced for all the individuals or existing Swavalamban Yojana subscribers above 18 years and below 40 years of age only. APY is basically savings plan in which returns will come …
Generally in DOP we will give the interest for the SCSS accounts on quarterly basis on 1st of every quarter completion i,e., on 1st April,1st July,1st October and 1st January. In DOP Finacle we can check whether the SCSS inte…
Interest inquiry for MIS SCSS and TD accounts in DOP Finacle Usually most of us are confusing how much interest is generated and how much amount is revered and how much amount is pending for TDA accounts(SCSS,MIS and TD acco…
