- In case, depositor wants re-investment from one scheme's maturity value to another scheme, total maturity value+interest should be credited/deposited under Office Account (SOL ID + 0387).
- And then amount to be invested should be debited/withdrawn from this account and credited/deposited in the concerned new account. Remaining amount can be paid by cash/cheque from this account to the customer.
- One Supervisor/SPM should take print out of the ledger copy of this office account by invoking HACLPOA or Office Account LOT.
- Cross verify all debits and credits with corresponding re-investment entries in the LOTs on daily basis.
- Supervisor has to ensure that balance at the end of each day in this account is Zero i.e against all the credits entered for re-investment, amount should be debited from this account and concerned accounts are credited or remaining amount is paid.
Monday, 13 July 2015
Re-Investment of Matured Amount in CBS Post Office : Finacle Solution
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