Use POSB cheque while opening new accounts

Date : 30.7.2017

Use POSB cheque while opening new accounts

Dear Sir/Madam

I am directed by competent authority to convey the following...

In Finacle, there was no option to enter the POSB cheque while opening new accounts. This issue is resolved now.

A patch has been deployed on 28/07/2017 to facilitate entry of POSB cheque details in account opening menu for MIS/TD/NSC/KVP schemes. Using this option, cheque details can be entered in addition to POSB account number while opening account and there is no need to mark the cheque as Passed or Destroyed separately.

This may please be circulated to Post offices.

Thanks and Regards

Gopinath S

Inspector Posts

DMCC

Chennai 600 002