Deployment of Patches for RD PPF & SSA Scheme as per SB Order No.16/2020 on 01.05.2020 || CBS - CEPT

Deployment of Patches for RD PPF & SSA Scheme as per SB Order No.16/2020 on 01.05.2020 || CBS - CEPT


Patch for implementing SB order No.16/2020 dated 11/04/2020 for RD default fee is deployed in Production.


RD default fee is to be collected only for the deposits defaulted on or before 29th February 2020.

👉 Default fee is waived off for RD installments from March 2020.

👉 This is implemented for deposits made through FINCORE / all channels (EB / MB / RICT / IPPB).

👉 Patch for accepting previous financial year transactions of PPF / SSA accounts without default fee through EBanking is now deployed.

👉 In EBanking, while depositing in PPF / SSA accounts, users need to select financial year (2019-2020 or 2020-2021) for which deposit is made. Customers are to be instructed to deposit​ for previous FY and current FY separately.

👉 For matured PPF accounts, deposits can be made only after the account is extended at the SOL.​

With regards
Giriraj Ponnambalam Deputy Manager (CBS)
Centre for Excellence in Postal Technology, Chennai 600002
044-28543481, +91 94441 08080
giriraj@indiapost.gov.in
Deployment of Patches for RD PPF & SSA Scheme as per SB Order No.16/2020 on 01.05.2020 || CBS - CEPT Deployment of Patches for RD PPF & SSA Scheme as per SB Order No.16/2020 on 01.05.2020 || CBS - CEPT Reviewed by National Association of Postal Employees Group 'C' Purulia Division, Purulia- 723101 on May 01, 2020 Rating: 5

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