NEW PROCEDURE OF ACCOUNT TRANSFER IN DOP FINACLE AFTER SB ORDER 05/2016

New Procedure of Account Transfer in DOP Finacle after SB Order 05/2016 

• According to SB Order 5/2016. The SOL Transfer will be proceeded at Head office only. 
• Customer will visit the home branch and submit the request for A/c transfer of his account from his branch to another CBS branch. 
• Home SOL will send the request of A/c Transfer in SB-10 B to Head office. 
• Supervisor of SO will validate the account details and then invoke HACXFSOL (Transfer Menu between CBS Sol’) menu and choose option “T-Transfer” and click Go button. 
• The screen appears like as

• Super will then fill in the following details such as account number, Target sol id (To Sol (CBS Branch) where the account is going to be transferred) and press the submit button. 
• The screen appears like as

• System will do all basic validation on the account during this process such as Pending transaction on the account not authorized includes teller transaction, clearing transaction, standing instruction, account related transaction etc. This error message will be shown on the report. 
• Super can invoke HPR menu and see all the details and authorize all the transaction which are pending for the account. Once all pending transaction are verified, Maker will again reinitiate the process of transfer by invoking the menu HACXFSOL. 
• A transfer request number will be generated on submitting the request. Supervisor user will see HPR report and check there are no pending transaction for the account. If the report has no pending transaction for the account. Supervisor can submit to Postmaster for authorization via email include instruction No.
• Postmaster of HO can check all details such as account number, from branch, to branch and verify the transfer request through the menu HACXFSOL menu (V-Verify option). 
• On press of verify button, the account get transferred from the CBS home branch to CBS branch as requested by customer. 
• Customer can visit the new CBS branch where he has requested for the account and collect the passbook and operate the account. 
• Account number remains the same, as the transfer happens between the CBS branches. 
• There will not be any interest application during account transfer. 
• It was discussed that account can be transferred by the SOL also where the customer wants transfer. That process also needs to be shown here.

Courtesy : https://finaclesolution.blogspot.in/

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7th CPC: Govt to set up anomalies committees

The Centre will set up anomalies committees to examine individual, post and cadre-specific anomalies arising out of implementation of the recommendations of seventh Central Pay Commission.

The Department of Personnel and Training (DoPT) has been authorized to take action regarding pay and related issues concerning officers of all India services--Indian Administrative Service (IAS), Indian Police Service (IPS) and Indian Forest Service (IFoS).

"Anomalies committees will be set up by Department of Personnel and Training to examine individual, post-specific and cadre-specific anomalies arising out of implementation of the recommendations of the Commission," the Finance Ministry said in an order notifying implementation of the pay panel's recommendations.

The three-member Seventh Central Pay Commission, which had submitted its report on November 19, 2015, was divided over the issue of financial and career-related edge given to IAS officers as against those belonging to the other services.

IAS officers presently get a two-year edge over other services for getting empanelled to come on deputation at the Center.

Besides, they also get two additional increments at the rate of 3 per cent over their basic pay at three promotion stages i.E., promotion to the Senior Time Scale (STS), to the Junior Administrative Grade (JAG) and to the Non-Functional Selection Grade (NFSG) after putting in about four, eight and 13 years of service, respectively.

A confederation representing thousands of officers of 20 civil services, including the IPS, have been demanding pay parity and other benefits enjoyed by IAS officers.

"Regarding pay and related issues concerning All India Services, appropriate action will be taken by Department of Personnel and Training to give effect to the decisions on these matters as may be applicable to them," the latest order issued yesterday said.

Source : Business Standard

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Dearness Allowance Calculation in 7th CPC Gazette Notification

Dearness Allowance Calculation in 7th CPC Gazette Notification

The Recommendations on Allowances (except Dearness Allowance) will be referred to a Committee comprising Finance Secretary and Secretary (Expenditure) as Chairman and Secretaries of Home Affairs, Defence, Health and Family Welfare, Personnel and Training, Posts and Chairman, Railway Board as Members. The Committee will submit its report within a period of four months. Till a final decision on Allowances is taken based on the recommendations of this Committee, all Allowances will continue to be paid at existing rates in existing pay structure, as if the pay had not been revised with effect from 1st day of January, 2016.

V. Dearness Allowance:

Sl. NO	Recommendation of the seventh Central Pay Commission	Decision of the Government
1	Existing formula and methodology for calculating Dearness Allowance to continue (Para 8.17.37 of the Report)	Accepted. The reference base for calculation of Dearness Allowance after coming into force of the revised Pay structure shall undergo change accordingly and will be linked to the average index as on 01.01.2016.

Source:http://egazette.nic.in/WriteReadData/2016/170924.pdf

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