Transactions cannot be done on INVALID PPF accounts As per the requirement, if the sum of contribution in the FY of account opening date is less than 500, then such account will be marked as INVALID in EOY. Only closure is allowed on such accounts. PPF account pre-closure issues PPF pre-mature closure : If PPF account is not yet matured, but due to some exceptional reason like transfer-out the customer opting for closing/full withdrawal. It is termed as Pre-mature closure. Same account number has been entered in Both Credit and Debit Account fields of CPDTM The screenshots shows that the user entered PPF account number in both the Credit A/c and Debit A/c fields. Solution: Two Transactions needs to be created, one is for reversal transaction and the second one for actual required transaction. 1. Reverse Wrong TXN : [01] Invoke CPWTM menu as Normal Withdrawal in TRANSFER mode [02] Enter the PPF account number in both Credit and Debit Account number Fields and tran amount same as in Wrong transaction, [03] Enter the report code as "REVRS", [04] Click on Submit 2. Enter new proper Transaction : [01] Invoke CPDTM menu as Normal Contribution, [02] Enter the Right account number in Credit A/c field and tran amount for the required new transaction , [03] Keep the report code as "CONTR", same as default populated value. [04] Click on Submit
Transactions cannot be done on INVALID PPF accounts As per the requirement, if the sum of contribution in the FY of account opening date is less than 500, then such account will be marked as INVALID in EOY. Only closure is allowed on such accounts. PPF account pre-closure issues PPF pre-mature closure : If PPF account is not yet matured, but due to some exceptional reason like transfer-out the customer opting for closing/full withdrawal. It is termed as Pre-mature closure. Same account number has been entered in Both Credit and Debit Account fields of CPDTM The screenshots shows that the user entered PPF account number in both the Credit A/c and Debit A/c fields. Solution: Two Transactions needs to be created, one is for reversal transaction and the second one for actual required transaction. 1. Reverse Wrong TXN : [01] Invoke CPWTM menu as Normal Withdrawal in TRANSFER mode [02] Enter the PPF account number in both Credit and Debit Account number Fields and tran amount same as in Wrong transaction, [03] Enter the report code as "REVRS", [04] Click on Submit 2. Enter new proper Transaction : [01] Invoke CPDTM menu as Normal Contribution, [02] Enter the Right account number in Credit A/c field and tran amount for the required new transaction , [03] Keep the report code as "CONTR", same as default populated value. [04] Click on Submit
DoP_CBS_FAQ_RD_NSC_PPF_SSA.docx