Saturday, 12 December 2015


Modification In McCamish W.E.F 08.12.2015

Infosys has furnished details of functionalities/ fixes deployed in production yesterday (08.12.2015) EOD through email is enclosed below.
It is requested that newly created approver queues should be assigned to the officers concerned only.

Below mentioned Major changes (new functionalities/changes in existing Functionalities) has been moved to production in 08th Dec Deployment.

  1. Change in Sum assured limits for PLI and RPLI
  2. Revised Approver Limits for financial transactions due to change in Sum assured limits of PLI & RPLI
  3. Customer Portal Day End Collection Report ( New Format )
  4. Changes in Meghdoot Upload/ Bulk Upload for Service Tax Changes
  5. Proposal Transfer Functionality
  6. Excess Refund Functionality
  7. Revised Loan Quote ( Loan Ledger )
  8. Extension of Withdrawal request for Revival and Surrender till Collection Stage, Disbursement Stage respectively

Expected Activities at User’s end :-

  • Access for New Approver queues – Approver 3, Approver 4, Approver 5
  • Usage of Meghdoot Upload/Bulk Upload for Service Tax changes


Click Below link to download/ view the individual limits at HO/DO/RO/CO level regarding settlement of PLI/RPLI claims.


Exclusive Service Tax Calculator and Mc-Camish RPLI /PLI tally sheet and schedules.

Download Revised PLI / RPLI Service Tax


Central Employees submit charter of demand to Cabinet Secretary

Financial Impact on Employees Under National Pension Scheme (NPS)

The National Pension System (NPS) has been designed giving utmost importance to the welfare of the subscribers under NPS. There are a number of benefits available to the employees under NPS. Some of the benefits are enlisted below: 

• NPS is a well designed pension system managed through an unbundled architecture involving intermediaries appointed by the Pension Fund Regulatory and Development Authority (PFRDA) viz, pension funds, custodian, central record keeping and accounting agency, National Pension System Trust, trustee bank, points of presence and annuity service providers. It is prudently regulated by PFRDA which is a statutory regulatory body established to promote old age income security and to protect the interests of subscribers of NPS. 

• Dual benefit of low cost and power of compounding – The pension wealth which accumulates over a period of time till retirement grows with a compounding effect. The all-in-costs of the institutional architecture of NPS are among the lowest in the world. 

• Tax Benefits – The tax benefits are available to the NPS subscribers under the provisions of the Income-tax Act, 1961. These were further increased in the Finance Bill, 2015. 

• Transparency and Portability is ensured through online access on the pension account by the NPS subscribers, across all geographical locations and portability of employments. 

• Partial withdrawal – subscribers can withdraw upto 25% of their own contributions before attaining superannuation age, subject to certain conditions. 

Some representations have been received from certain quarters against the implementation of the NPS. The main demand in these representations is that NPS may be scrapped and the Government may revert to old defined benefit system. But the Government does not propose to reimplement the old pension scheme by doing away with NPS. 

This was stated by Shri Jayant Sinha, Minister of State in the Ministry of Finance in written reply to a question in Lok Sabha today.

Source : PIB Release, 11.12.2015

Fully Automated Single Click Finacle SSA Lot ( Updated on 11/12/2015)

Fully Automated Single Click Finacle SSA Lot is enclosed h/w as excel sheet.( New Options: automated amount in words and statistical information) 
Go through the Help file before use. 
  • After Copy the Finacle SSA Data From Finacle go to the Help page in the excel sheet and press the button "PREPARE SSA LOT" To Prepare the LOT.
  • Checked with current date data

Developed and Shared by S. Thiyagarajan, SPM, KILAIYUR S.O