Tuesday, March 31, 2015

Sanchay Post Patch 11 & 12 Released by SDC

Features Provided in Patch 11 & 12– Sanchay Post

Irrespective of features, Patch 11 & Patch 12 should be installed in all computerized post offices (both HO & SO(s)) and in both Server & client(s)

 List of modifications incorporated in Sanchay post 7.5 Patch 11 & Patch 12

1 Provision for Initializing the account no(s) for SSA in SOSB Online Module for SO(s)

2 Provision for SSA account open feature in SOSB DE for normal and BO accounts

3 Provision for Transactions feature in SOSB DE – Deposit, Defaulted deposit and interest.

4 Provision for scanning, storing, verifying and viewing signatures of SSA accounts in Online Module
Prefix : ‘za’

5 Provision for generating IBB report , Calculating annual interest , Posting annual interest, Printing annual interest and viewing/printing passbook for SSA account in SOSB Online module. (for SO(s))

6 Provision to open Haryana Social Security Pension Accounts under NREGA Category. (applicable to Haryana Circle)

Click Here to Download the Patch

Sanchay Post Annual Interest Calculation 2015

 If you intend to transfer interest calculated at the HO for SOs to the respective SOs electronically, then download and execute Int_Seq_2015.exe at both the SO and HO, before calculation of interest at HO. This will enable generation of interest file with sequence number 1 at HO and will enable its subsequent import / posting at SO.
The file ‘Int_Seq_2015.exe’ can be executed on or after 30/03/2015 only.

Interest calculation and posting should be done only on or after 01/04/2015

Friday, March 27, 2015

India Post surfs e-commerce wave.

E-commerce seems to have given a new lease and look to the once-familiar India Post. Its Karnataka Circle, which ranks number 5 by revenue, says it has risen to the demands of the large, growing community of online buyers and sellers by starting same-day delivery in Bengaluru and reaching into remote rural areas.
Next, it plans to lease about 2.5 acres of land at the Kempegowda International Airport to support inward and outbound e-commerce deliveries, according to M.S. Ramanujan, Chief Post Master General, Karnataka Circle.
For the circle, e-commerce means Rs. 2-crore monthly revenue from a lakh consignments. Around 50 big and small e-tailers use its network to ship electronic and domestic goods, apparel, footwear and books. Among them are Amazon, Flipkart, Snapdeal, Myntra and mVikarsha, he told members of the Federation of Karnataka Chambers of Commerce & Industry.
A new e-commerce business centre is being started at Yelahanka, exclusively for north Bengaluru e-shoppers.
Same day delivery
Come April, Bengaluru is set to be the first city in the country for India Post to offer same-day delivery for e-tailers.
Mr. Ramanujan said, “We will bring all 104 pincodes in Bengaluru under same-day delivery for bookings made up to 2.30 p.m. We have put in the infrastructure and technology. My boys are already doing deliveries up to 9 p.m. every day.”
He added, “It is a great time for e-commerce and we are excited as it is translating into a lot of revenue.” The rural rollout was equally promising. “There is no one else [to deliver] beyond tier-1 and -2 cities. Our reach goes up to tier-6 which is the gram panchayat.” he said.
First postal ATM
April will also see the launch of Karnataka’s first postal ATM at the General Post Office, to be followed by four more in Bengaluru. ATM cards are already being issued to postal account holders. Once core banking comes to its 2,500 computerised post offices these postal ATMs would work for banking customers, too.
FKCCI centenary stamp
A special stamp will be released in May to mark the year-long centenary celebrations of the Federation of Karnataka Chambers of Commerce & Industry, its president S.Sampathraman said.
A new e-commerce business centre is being set up


at Yelahanka, exclusively for north Bengaluru e-shoppers

courtesy:http://www.thehindu.com

Tuesday, March 3, 2015

Sukanya Samriddhi Account / Yojana - Highest fetching interest scheme across all schemes

Sukanya Samriddhi Account/Yojana is a Small Savings Special deposit Scheme for girl child. This scheme is specially designed for girl’s higher education or marriage needs.

Highest fetching interest scheme across all schemes.

The Scheme launched for the welfare of the girl child, to save and educate the girl child.






·           Who can open the account? – Sukanya Samriddhi a/c (or Khata) can be opened on a girl child’s name by her natural (biological) parents or legal guardian.
·           What is the Age limit? – SSA can be opened in the name of a girl child from the birth of the girl child till she attains the age of ten years.
·           How many accounts can be opened? – A depositor may open and operate only one account in the name of same girl child under this scheme. The depositor (or) guardian can open only two SSA accounts. There is one exception to this rule. The natural or legal guardian can open two or three accounts if twin girls are born as second birth or triplets are born in the first birth itself.
·           How to open a SSA account? Accounts in name of the girl child can be opened in post offices or in any branch of a commercial bank that is authorized by the Central Government to open an account under this scheme rules.
·          What is the minimum deposit to open the account? – The account may be opened with an initial deposit of one thousand rupees. The minimum contribution in any financial year is Rs 1000. Thereafter the contributions can in multiples of one hundred rupees.
·          What is the maximum deposit amount? – a minimum of one thousand rupees shall be deposited in a financial year but the total money deposited in an account on a single occasion or on multiple occasions shall not exceed Rs 1.5 Lakh in a financial year.
·          Deposits in an account may be made till the child completes fourteen years, from the date of opening of the account.
·           Is there any penalty? – If minimum (Rs 1000 pa) amount is not deposited, the account will be treated as an irregular account. This can be regularized/renewed on payment of Rs 50 per year as penalty. Along with this, the minimum specified subscription for the year (s) of default should be paid.
·          What is the mode of deposit? – The deposits in Sukanya Samruddhi scheme can be made in the form of Cash or Demand Draft or Cheque. Where deposit is made by cheque or demand draft, the date of encashment of the cheque or demand draft shall be the date of credit to the account. The cheque or DD should be drawn in favour of the postmaster of the concerned post office or the Manager of the concerned bank.The depositor (parents or guardian) has to write the account holder’s name (child’s name) and the account number on the backside of the instrument.
·          What is the Rate of Interest on Sukanya Samriddhi Account? – The applicable rate of interest on SSA for the financial year 2014-2015 is 9.1%. This is one of the highest rates of interest offered by Government on small savings scheme