When we are closing RD/MIS/TD/NSC/KVP/SCSS accounts by using the payment mode as cash then we have to process the transaction in HCASHPND. HCASHPND means Pending Cash Transactions which means that only after clearing these transactions in HCASHPND…
We have observed that many of you are not aware of the "PROCESS OF CLOSURE PAYOUT" after closing of accounts for which payment is made by cash. We see every day many cases where we close accounts and make payment by cash. But have you …