Docstoc

Process Oriented -SBCO

Document Sample
Process Oriented -SBCO Powered By Docstoc
					PROCESS ORIENTED – NATURE OF WORK IN SBCO BRANCH

SL     NATURE OF WORK                              POSB – VOL –
                                                   IV -RULE
1      Receipt of Returns                          Rule -3
2      Checking List of Transactions [SB -60/76]   Rule – 4
3.a    Will follow items                           POSB Rule: 45
3.b    Un-posted Items                             Rule – 6
4      Register of Non-cash transactions           Rule – 7
       SB-62 [a]/85 [a]
5      Register of Office wise [SB-63/RD85]        Rule – 8 & 10
6      Consolidated Journal [SB-72/86]             Rule – 9
7      General check of vouchers & checking of     Rule – 11 & 15
       vouchers
8      Checking of Non-cash Transactions           Rule   –   12
9      Revival of Accounts pre to 01.01.2003       Rule   –   12 [3]
10     Objection Register                          Rule   –   13
11     Reporting of Minus balance                  Rule   –   13 [2]
12     Verification of binder balances             Rule   –   14
13     Checking of Annual Interest                 Rule   –   16
14     Preparation of Interest cum Silent          Rule   –   16
       Accounts SB/NSS/PPF
14.a   Annual Listing balances RD/MIS/TD/SCSS      Rule   - 39
15     Silent Account Revised Procedure            Rule   – 17 – 3
16     Un-used Cheque Foils                        Rule   – 18
17     Un-deliverable & spoilt Pass books          Rule   – 19
18     Statistical Register                        Rule   – 20
19     Custody and preservation of records         Rule   – 25
20     Monthly Progress Report                     Rule   - 26
21     Checking of Agents Commission bill
22     Submission of returns to AO & DAP           Rule – 21


            MAINTENANCE OF REGISTERS IN SBCO

SL       TYPE OF CATEGORIES         NAME OF REGISTER
1        SB/NSS/PPF                 SB-63 – OFFICEWISE
                                    SB-62a – Non-cash Register
2        RD/TD/MIS/SCSS             SB-85 – OFFICEWISE
                                    SB-85a – Non-cash Register
    GENERAL CHECK OF VOUCHERS & VOUCHER CHECKING FOR HO

SL       CATEGORY    GENERAL            % CHECK WITH LEDGER
                     CHECK
1        SB          All Vouchers       4% Deposit check
                                        10% Withdrawal [Compulsory
                                        above Rs.5000/=]
                                        20% of closed accounts
2        RD          All vouchers       4% of deposit transactions
                                        All vouchers of withdrawals,
                                        closures, refund of interest,
                                        interest recovered on defaulted
                                        installments or on withdrawals
                                        repaid and rebate paid on advance
                                        deposits
3        MIS         All vouchers       a.4% of deposit transactions
                                        b. All vouchers of premature
                                        and final closures.
                                        c. 10% vouchers of monthly
                                        payment of interest
4        TD          All vouchers           a. 4% of deposit
                                                transactions
                                            b. 20% of vouchers
                                                relating to payment of
                                                annual interest
                                           c. Warrant of payments of 20%
                                             of closed accounts of heavy
                                                        amounts.

5        PPF         All Vouchers         a. 4% of deposit transactions.
                                        b. All vouchers relating to
                                        loans, withdrawals, interest
                                        recovered on loans and final
                                        closures
6        NSS 87/92   All vouchers          a. Warrant of payments of 20%
                                             of closed accounts of heavy
                                                       amounts.
                                          b. All withdrawals above
                                          Rs.5000/=
7        SCSS        All vouchers           a. All vouchers of premature
                                        and final closures.
                                            (b) 10% of vouchers of
                                        monthly payment of interest.
                                            (c) 4% of deposit transactions.
                                             (d) The amount of Interest
                                        calculated for new accounts with
                                        reference to interest rate to
                                        ensure correctness.

                                    2
GENERAL CHECK OF VOUCHERS & VOUCHER CHECKING FOR SUB OFFICES

SL       CATEGORY         GENERAL                 % CHECK WITH LEDGER
                          CHECK
1        SB               All Vouchers            4% Deposit check
                                                  10% Withdrawal [Compulsory
                                                  above Rs.5000/=]
                                                  20% of closed accounts
2        RD               All vouchers            All Closures with passbook in r/o
                                                  sub offices B & C class w.e.f
                                                  15.02.2008
3        MIS              All vouchers            All Closures with passbook in r/o
                                                  sub offices B & C class w.e.f
                                                  15.02.2008
4        TD               All vouchers                c. 4% of deposit
                                                         transactions
                                                      d. 20% of vouchers
                                                         relating to payment of
                                                         annual interest
                                                    c. Warrant of payments of 20%
                                                    of closed accounts of heavy
                                                    amounts.

5        PPF              All Vouchers           a. 4% of deposit transactions.
                                               b. All vouchers relating to
                                               loans, withdrawals, interest
                                               recovered on loans and final
                                               closures
6        NSS 87/92      All vouchers             a. Warrant of payments of 20%
                                                 of closed accounts of heavy
                                                 amounts.
                                                 b. All withdrawals above
                                                 Rs.5000/=
7        SCSS           All vouchers             All Closures with passbook in r/o
                                                 sub offices B & C class w.e.f
                                                 15.02.2008
                 [D.G Posts letter No. 5-2/99-SB dated 5.3.2003]


               CHECKING OF ANNUAL INTEREST
    SL     Name of Scheme            Revised checks
    1            SB        20% checks for all schemes where
                                         calculations are done manually and 5%
                                          where calculations are done on computers.
     2        PPF/NSS-87/92                                  - DO -




                                           3
                       VERIFICATIONS OF BALANCES

  SL          Name of Scheme                              Cut of Month
  1          SB/ PPF/NSS-87/92                        Once in six months – as on
                                                        30th Sept & 31st March
   2              TD/MIS/SCSS                         Once in six months – as on
                                                         30th June & 31st Dec


             VERIFICATION OF BALANCES RD CATEGORY
   The sub office will prepare six monthly lists of balances as on the dates fixed for the
agreement and intimated by the Head office

   The verification of balances of an office should be completed in all respects by the
end of second month following the month as on which the agreement is to be conducted.

   On receipt of list of balances from the sub office, the SBCO will take action to verify
the balances as prescribed in letter No: 113-1/2003-SB dated 05.05.2003 and complete
the verification by the end of the month
   Due date of        Offices to be agreed    No of       Total no of accounts
   Agreement          Sl      Name of the      account     to be agreed during
                       No      office                         the month
      st
   31 January
   31st July
   28th February
   31st August
   30th April
   31st October
   31st May
   30th November
   30th June         Head Post Office
   31st December
   GRAND TOTAL




                                            4

				
DOCUMENT INFO
Shared By:
Categories:
Tags:
Stats:
views:18
posted:11/17/2012
language:Unknown
pages:4