Posting of PPF/SSA Intersol deposits by PM at HO

Sir/Madam,

Kindly refer trail mail dated 03/02/2017 on handling of PPF/SSA Intersol deposits by HO Postmaster.  

SOLs may be advised to handle the PPF/SSA transfer transactions (in respect of clearing for amounts greater than Rs.25000) from PM role id using CPDTM/CPWTM.

Thanks and Regards

Gopinath S

Inspector Posts

DMCC

Chennai 600 002

Subject: POSTING OF PPF/SSA Intersol deposits by PM at HO

Sir/Madam

I am directed by competent authority to convey the following

Implementation of 25,000 intersol limit

Cheques accepted for subsequent deposits in Sub Office PPF / SSA accounts are lodged at HO in 0017 account of HO and posting is carried out at HOs after clearance, to facilitate posting, as per SB order 5  of 2016 intersol limit has been configured as 1.5 lakhs on 07/01/2017 as a temporary solution. Now Patch is deployed for implementing intersol limits from today.

POs are instructed to follow the below procedure for posting high value PPF/SSA deposits .

Postmaster role users at HO are given access to CPDTM/CPWTM menus (for PPF/SSA accounts) for posting the subsequent deposits through cheques of sub offices.

The high value deposits for PPF/SSA will be done by Postmaster instead of PA handling Cheque clearance.

Please revert immediately in case of any issues.

Thanks and Regards

Gopinath S

Inspector Posts

DMCC

Chennai 600 002