Monday, February 14, 2011

What are conditions of EL encashment along with LTC?

11:45 PM SA

Some queries received regarding  Leave Travel concession Advance, EL Encashment, Home town Declaration etc.
 LTC-Encashment-Conditions
1. What are EL Encashment conditions for LTC ?

  1. A Maximum of 10 Days EL can be encashed with each LTC .
  2. 60 days EL can be encashed in the entire Service.
  3. EL encashment has to be taken before the travel of the journey.
  4. 10 Days EL can be enchased, If the duration of the Journey is less than 10 days also.
  5. If EL is encashed for LTC, then there will be No change in the number of ELs which can be encashed after retirement.
  6. If both Wife and Husband are central government employees, then only one can avail EL encashment while availing LTC and
  7. For entire service, both Husband and Wife can avail 60 days EL each.
2. Can an Employee change his Home Town more than once ?

  1. If an Employee has given the declaration of Home Town, and his higher authority has approved it , then that Home Town can not be changed.
  2. But in some special cases, the Higher Authority can allow the employee to change his home town, but he has to give the declaration that for the entire service, he will not apply for the change of Home Town again.
3. What are the conditions for Home Town Declaration ?

  1. By the term home town means, the place where an employee / official has to go occasionally for discharging / carrying out his family as well as social responsibilities.
  2. Generally a Home Town means the birth place of the employee.
  3. Higher authority has the power to decide the home town of an employee.
4. If both wife and husband are govt employees, can they avail LTC separately ?

  1. Both wife and husband got the option to give declaration of  Home Town separately.
  2. If husband has given wife as a family member, then wife cannot take LTC her own.
5. What are the conditions for LTC for Freshly recruited Employees ?
 
  1. Minimum 1 year continuous service required.
  2. One All India LTC  and  3 Home Town LTC instead of 1 Home Town LTC .
  3. This is valid for First two block years.
6. What are the conditons for availing advance for LTC ?

  1. Maximum 90 % of the fare.
  2. Admissible for both outward and inward journey.
  3. Employee should furnish Railway tickets / PNR nos with in 10 days of drawal of advance.
  4. Can be drawn Separately for self and family.
  5. When advance is taken claim should be submitted with in three months from the date of journey.
  6. When advance is not taken the claim should be submitted with in six months from the date of journey.


Posted in No comments

Postal Bank and Postal ATM

7:08 AM SA

Postal Bank and Postal ATM
Department of Posts is going to introduce Banking service through Post Offices. All post offices will also work as  Post Banks. ATMs will also be introduced along with Postal Banks.

Department of post is going to launch post bank and prepaid card scheme very shortly all the regional heads of all circles have been directed to personally identify and expedite the manner of installation of ATM,s in Head post offices. RBI approval and License is awaited. As part of core banking process all existing accounts are now updated in computers. The circle heads are frequently stressed to complete the signature scanning of all A/c holders as early as possible. A centralized server possibly at Ghaziabad is proposed to be constituted  which will automatically extract data from all HO & SO as when the counter clerk enters a transaction. The role Of SBCO will be minimized. The preservation of records at all Hos  will be considerably reduced.

Under Prepaid card scheme which is to be launched in collaboration with banks,. all expenses are to be borne by banks. Cards will be issued to customers who have Savings account only and later expanded to other customers. With help of card one can withdraw money in POs/ Any ATM/make purchase in any merchant outlets. A minimum charge will be levied for each operation. Minim um load is Rs 1000 maximum reload to card is Rs50000. Maximum withdrawal is 10000 per day and only four times can a card be used in a single given day.
Source: www.imyideas.com


Posted in No comments

Sunday, February 13, 2011

Sanchaya Passbook Printer Installation & Configuration

8:07 AM SA

PassBook - Printer Settings
1. Press station 1 + local +station2 & ON the printer (30sec)& insert the paper.
2. it shows station1=continue,station2=skip,local=config
3. Press local, it shows Menu : config
4.. Press station1 to continue until the printer name display as OLEVETTI
5. Press station2, the display changes to IBM
6. continue press station1 button until it displays save changes to Y
7. switch off the printer and swith on
Add New PASSBOOK PRINTER(It is for COM1 / Serial Port)
Start -> Setting -> printer -> Add Priner -> next -> Local Printer -> Next -> Select COM1 - Serial port -> Manufacturer ( IBM) -> Printers ( IBM Pro Printer 1 or 2) Give Name as ( PASSBOOK PRINTER) -> Next -> Next -> Finsih
* for Vista OS : Select Gereric -> 9 Pin Compatible Wide
Papper Settings:
Printer and Fax (Inside the Window) Right Click in the Blank space -> Server Properties -> Tick on the Create New Form -> Form Name ( give name as "PASSBOOK" ) -> Measurement ( in Inch)Width: 8.20 Left : 0.20 Top : 0.70Hight : 5.80 Right: 0.00 Bottom : 0.20
Save
Right Click Installed PASSBOOK PRINTER-> Properties -> 1. Devise Setting -> Select PASSBOOK and Apply2. Devise Setting -> Printing Preferences -> Advanced -> Select Paper size PASSBOOK3. Right Click -> properties -> Ports -> COM1 -> configure port -> Flow Control -> Xon / Xoff -> Apply -> OK
Set as " PASSBOOK PRINTER " as DefaultTry to Print SB Passbook Best


Posted in No comments

ACCOUNTS MIS CLIENT

7:30 AM SA

SEQUENCE OF DAY END must be followed before running Accounts MIS Client.

1.     Speednet
2.     Postman
3.     Despatch
4.     Point of Sale
5.     Sanchaya
6.     Subaccounts
7.     Treasury

Please ensure that Treasury module's Day end is done, even though you transmit the accounts successfully it does not reflect in the website. Hence, it is a mandatory that all the modules should be ended in a sequence order only.


Posted in 1 comment

Treating of Old RD Accounts in c/w CBS

6:14 AM SA

Subject: Treating of
Old RD
accounts in c/w CBS-reg.
                        Ref: RO SK/CBS/Review Meeting dtd 04.02.2011
                                                             * * * * * * *
            Refering to DO letter No. SK/CBS/9-1/CBS/Dlgs/KW dated                                02-02-2011 of DPS(SK) & above mentioned instruction regarding completion of preparatory work to CBS in c/w implementation of Core Banking Solutions in Department of Posts wherein you are suggested to charge the amount of RD discontinued accounts which are opened between 1980 and 2004 to UCR.  
2.         As per Rule-115 (1) (ii) of POSB MAN VOL I, if the maturity value of a discontinued RD account is retained after the date of maturity, post maturity simple interest at the rate applicable per annum for a full completed year and at SB rates for completed months if the period is less than a year will also be paid on the value payable on the date of maturity. The post maturity interest may be paid up to a maximum period of 5 years from the date of maturity of the account. 
3.         In view of above, the following guidelines are issued for necessary action:
i.              RD discontinued accounts which are opened prior to 01-01-2001 may be taken for closure and crediting of amount to UCR.

ii.            Interest may be calculated as per provisions in r/o all such RD discontinued accounts before crediting to UCR & entire amount (principal + interest + post maturity interest etc.,) may be credited to UCR.
iii.           Maintain necessary records for future reference.

iv.           If any claim is received on later date, amount charged to UCR may be paid to the depositor/claimant by per contra adjustment.  

v.            Other procedure if any may be followed scrupulously.

vi.           These actions should be completed before 15.02.2011 without fail.


Posted in No comments