Printing of modified Standardized Uniform Savings Bank Pass Books for CBS post offices and change in text of information printed in the Passbook about Small Savings Schemes.

SB Order 01/2014

Department of Post F.No.114-02/2002-SB (Pt.) dated 06.01.2014

Printing of modified Standardized Uniform Savings Bank Pass Books for CBS post offices and change in text of information printed in the Passbook about Small Savings Schemes.

The undersigned is directed to say that the Standardized Uniform Savings Bank Passbook which is presently being used in computerized post offices needs some changes due to implementation of  CBS. It has been decided that for the new accounts opened in CBS post offices, this existing  passbook with some modifications should be issued. For, migrated accounts, as and when existing Passbook is presented at the counter, first page of the Passbook shall be re-printed on right hand side of the next blank page and further transactions happened in Finacle CBS shall be printed from next page. Blank space left if any on the page being used currently before migration, should be cancelled by drawing lines in red ink.

2. A sample Passbook to be used in CBS post offices is enclosed. On the title page, word "CBS" is to be printed. This Modified Passbook shall be of total 24 pages (excluding title page). First page will be blank, which, Finacle CBS application will print. Page 2-11 will be used for printing transactions and page-12 will remain blank. From page 13-24, salient features of various Small Savings Schemes will be printed. A list of changes (English Version) required to be done in the text of salient features printed in the sample passbook is also attached. Title of the Passbook will not be printed by Finacle CBS application and Counter Assistant has to fill the information by permanent marker.

3. This may please be brought to the notice of all field units where CBS is being implemented.

Change in Procedure of payment of commission to SAS/MPKBY agents & PRSG Leaders in the Post Offices to be migrated to Finacle CBS Application

The undersigned is directed to say that Finacle CBS application is being implemented in POSB in place of Sanchay Post. The first office is likely to be migrated on 30 Nov and will be live on 2 nd December 2013. Finacle CBS application docs not support at source payment of commission to agents. Therefore, the matter was taken up with Min. of Finance for allowing credit of commission to the savings accounts of the agents. Now, the Min. of Finance vide memo F.No.2/7/2012-NS-11 dated 23-10-2013 has allowed the payment of Commission to SAS/MPKBY/PRSG Agents through their Savings Accounts in Post Offices migrated to CBS platform.

Hence, it is requested to start a drive for opening of Savings Account by all the Active agents/PRSG Leaders. While opening Savings Accounts, agency number of the agent and his PAN number should be entered so that at the time of migration of data, the same can be automatically linked to the concerned agent. PRSG Group leaders can open savings account in their name.

While opening account for them, their personal PAN number and Authority Letter No. issue by their employer or any registration number assigned by post office should also be entered. If any agent is already having savings account in the post office where his agency is entered, that account can also be identified for credit of commission and agency number as well as PAN number of the agent can,be entered against the existing account number also. T.N Circle should take immediate action in this regard as Pilot is going to be started from that circle

This issues with the approval of the Member (tech.) 

Problem faced by Small Savings Agents