Changes made in Sanchay Post || Patch dated 20.12.2019

SANCHAY POST Init_Schemes_Dec2019

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