Changes Made In Sanchay Post Patch Dated 20.12.219 • Init_Schemes_Dec2019

Following CHANGES Have Been Done In Sanchay Post

(a) PPF - Initialization for minimum deposit amount (Rs.500)in account opening, subsequent deposit (Rs.50), multiple factor has been incorporated.

(b) SSA - Initialization for minimum deposit amount (Rs.250)in account opening, subsequent deposit (Rs.50), multiple factor has been incorporated.

(c) SB – Initialization w.r.t to account opening(Rs.500) , subsequent withdrawal of Minimum Rs.50 have been incorporated. 

(c) Opening of MIS account with minimum deposit of Rs.1000/- and in multiples of Rs.1000/- has been incorporated.

 (d) Opening of RD accounts with minimum deposit of Rs.100/- has been incorporated. Multiples of Rs.10/- could not be incorporated in sanchay post now. Patch is expected from FSI vendor.

(e) TD accounts with minimum deposit of Rs.1000/- has been incorporated. Multiples of Rs.100/- could not be incorporated in sanchay post now. Patch is expected from FSI vendor.

(f) KVP accounts can be opened with minimum deposit of Rs1000/- and in multiples  of Rs.1000/-.In Multiples of Rs.100/- could not be incorporated in sanchay post now. Patch is expected from FSI Vendor

Minimum, multiples deposits as per SB order 13/2019 are to be handled procedurally by Post offices. Below said Configurations are to be handled manually as Patch is expected from FSI Vendor. 

1. NSC accounts with minimum of Rs.100/- and in multiples of Rs.100/- can be opened in Sanchay Post. Hence Post Offices are requested to ensure manually ensure that,  accounts of less than minimum deposit of Rs.1000/- are not opened.

2. Savings Account - Acceptance of subsequent deposits not less than Rs.10/- to be ensured manually.