1. General
Any
individual or existing Swavalamban Yojana subscriber who has completed 18 Years
of age and is below 40 Years of Age on the day of applying can open APY account
in any authorized CBS Post Office. The contribution for APY will be debited
every month (if opted for monthly) or the first month of a quarter (if opted
for Qtrly.) or first month of the Half Year (if opted for Half Yearly) from the
subscriber Savings Account based on the Standing Instruction provided by the
subscriber in APY Subscriber Registration Form. Under the APY, the subscribers
would receive the fixed pension from Rs. 1000 to Rs. 5000 per month (Rs. 1000,
2000, 3000, 4000 and 5000), at the age of 60 years, depending on their
contributions. The contributions would vary as per the age of the subscriber on
the day of joining APY and the pension amount opted by the subscriber. In
addition, Government co-contribution (50% of the total contribution or Rs.
1,000/- per annum, whichever is lower) will be made available for 5 years,
i.e., from the Financial year 2015-16 to 2019-20 for the subscribers who join
the scheme up to 31st March, 2016 and who are not covered by any Statutory
Social Security Schemes and are not Income Tax payers. GDS employees who are
members of SDBS are not eligible for APY enrollment under Swalamban Yojana.
However, these GDS employees if eligible as per age criteria, can enroll as APY
subscribers in addition to the membership of SDBS under normal enrollment but
shall not be eligible for Government Contribution. Similarly, Departmental
employees who are subscribers of NPS and eligible for APY as per age criteria
can also enroll for APY but shall not be eligible for any Government
contribution.
1.1 At
Post Office Level, following activities are to be undertaken:
- Acceptance of Subscriber
Registration Application and issuance of acknowledgement.
- Capturing of minimum registration
details in APY Module.
- Handle requests for the
subscribers such as Subscriber Details Modification, Issuance of Transaction
Statement to the subscriber (based on request received)
- Resolve the grievances/queries of
the subscribers, if any
1.2 At
Nodal Office Level, following activities are to be undertaken:
- Download of PRAN Library from CRA
system and updating in APY Module
- Preparation &Upload of
Subscriber Registration details in the CRA system
- Receiving Response File from CRA
system for Subscriber Registration
- Upload Subscriber Contribution
File (SCF) in the CRA system
- Remit the contribution amount to
the Trustee Bank as per the SCF uploaded in the CRA system
- (For APY, Sansad Marg HO of Delhi
Circle will be the Nodal Office)
2. Activities to be carried out at authorized
CBS Post Offices.
2.1 CBS
Post Offices are being registered as NLCC for accepting subscription to APY. In
first phase, all CBS HOs were registered and list of CBS HOs with their NLCC
number was sent to circles over mail from Director CBS. This is being extended
to CBS SOs and will be extended to BOs under CBS Hos and SOs in a phased
manner. Therefore, any Savings Account standing at any CBS SO or HO will be
eligible for subscribing in APY but registration can be accepted only at
authorized CBS HOs and SOs having NLCC number. For the time being, Accounts
standing at BOs attached to CBS HOs and SOs should not be accepted for APY. SOP
for handling Accounts standing at BOs attached to CBS SOs and HOs will be
circulated separately.
2.2 Any
Postal Official (including GDS attached to any CBS HO or SO) can pursue either
a depositor having Savings Account in any EDBO/SO/HO migrated to CBS Platform
or any Indian Citizen who is ready to open a Savings Account in any such post
office which is migrated to CBS, to fill Atal Pension Yojana (APY) Subscriber
Registration Form to get Guaranteed Pension after attaining age of 60 Year by
paying Monthly/quarterly/half Yearly contribution as given in the attached
table. Any existing Swavalamban Yojana Subscriber can also apply for APY
registration on the prescribed form for Swalamban Yojana Subscriber. GDS who
have already enrolled for SDBS and are in the age bracket of 18-40 years should
be encouraged to join APY as a fresh subscriber as there is no guaranteed
Pension in SDBS but in APY, Pension if guaranteed.
2.3 It
has to be ensured that the Savings Account holder or Indian Citizen who wants
to open new savings account for this purpose has already completed 18 Years of
Age but not yet completed 40 years of Age (as per Date of Birth mentioned in
any of the KYC Documents showing date of birth). The Account Holder has the
option to select Pension Amount of his/her choice between Rs.1000/-, 2000/-,
3000/-, 4000/- and 5000/- per month. Contribution amount (monthly/Qtrly/Half
Yearly) can be seen from the attached table.
2.4
First Contribution amount (as per table) will be deducted from the Savings
Account Balance on the day of successful registration. For, subsequent
contribution, the Savings Account Holder should be pursued to maintain balance
(minimum balance+ Contribution amount as per table) in his/her Savings Account
on any working day of the month (if contribution is to be deducted monthly) or
any working day of the first month of a quarter i.e January or April or July or
October ( if contribution is to be deducted quarterly) or any working day of
the first month of a Half Year i.e April or October (if contribution is to be
deducted Half Yearly as half year in APY starts from April to Sept. and Oct. to
March every year). If sufficient balance will not be available in Savings
Account in the required month, penalty fee will (@Rs.1/- per Rs.100/-
contribution per month) will be added to the amount of contribution be charged
and deducted from the Savings Account.
2.5.
Postal Official (including GDS) who collects APY Subscriber Registration Form
has to ensure that the depositor is above 18 Years and below 40 Years of age
and has filled all fields with * mark. The official will fill his/her own
details in the Form at “ To be filled by the official who collects form” part
of the form and sign to become eligible for incentive. Incentive will be
payable only on the successful registration of the subscriber.
2.6
When any POSB Account Holder or new customer attends post office either
directly or through any messenger, Counter PA has to very carefully examine the
Subscriber Registration Form and see that all the mandatory fields are filled
by the depositor/customer. If Form is received through a Postal Official who
has already filled details for becoming eligible for incentive, the Counter PA
or BPM has to countersign the Form with name, designation, office of posting
and HO from where pay is drawn to become eligible for incentive of their part.
2.7
Counter PA or Designated PA (CPA) at SO/HO will receive Subscriber Registration
Forms for APY or Subscriber Registration Form of Swavalamban Yjana Subscribers
either at the Counter or from other Postal Officials. Before doing data entry
into the Finacle menu CAPY, CPA will go to IES menu and verify signatures on
the Form (if depositor is literate) and tally signatures with signatures in
Finacle. If signatures are tallied, he will invoke Finacle menu CAPY and select
functions as ADD. Then enter Account Number in the relevant Field as shown in
the below screen shot:-
2.8 All
account holders of Joint'B' account can apply for registration with same
Savings Account number but Account holders of Joint "A' type of account
are not eligible for registration through same Savings Account. In case any of
the joint account holder of a Joint'B' type of Savings Account applies for
registration, CPA, in addition to Account number, has to enter CIF ID of the
account holder also who wants to enroll for APY as shown in the below screen
shot:-
CPA
will click on "GO" and following fields will be auto-populated:-
2.9 If
any of the mandatory field is not auto-populated or date of birth is populated
as 1.7.1960 and Gender as OTHERS, PA has to go to CCRC to modify the CIF. While
modifying CIF, user has to modify date of Birth as written on the Subscriber
Registration Form, Correct the Gender, enter Mobile Number, E mail ID, Aadhar
Number etc. and Supervisor has to verify the CIF Modification. Once this is
done, PA will again go to the CAPY and enter Account Number and CIF ID (in case
of Joint Account) to get all these fields Auto-Populated.
2.10
CPA has to ensure that account stands in any CBS Post Office i.e SO or HO (not
in BOs attached to CBS SO or HO) and fill the following fields from the
Subscription Registration Form as shown below:-
(a) If
Married is ticked in the Form, Spouse (husband or wife) name entered in the
Form has to be entered in the SPOUSE NAME field. In the field Nominee Name,
name of spouse has to be entered and in the field, Nominee Relationship, Wife
or Husband has to be selected.
(b) CPA
should note that Nomination is mandatory. If subscriber is unmarried, he/she
has to fill nominee name and relationship in the form. From the Form, CPA has
to fill the details of nominee. If depositor has already made nomination in
Savings Account, that will be populated but these fields will be in editable
form and CPA has to replace the nominee details as mentioned in the
Subscription Form.
(c)
Date of birth is a mandatory field and will be populated from CIF level. If it
is shown as 1.7.1960, it should be first corrected in CIF Modification as
mentioned above.
(d)
Guardian's name is mandatory if nominee is minor. CPA has to see the date of
birth mentioned in the Form for minor and enter Guardian Name mentioned in the
Form in the relevant field.
(e)
Income Tax Payer Field will be shown as "NO" by default. CPA has to
see the tick mark entered in the Form in the relevant row and if it is ticked
as "Yes", CPV has to change this field to "Yes".
(f) In
the field "Pension Amount", CPA has to select the amount of pension
as selected by the subscriber in the form.
(g) CPA
has to select Frequency of Installment in the relevant field i.e
Monthly/Qtrly/Half Yearly based on the Frequency of Contribution selected by
the Subscriber in the Form. CPA should not select the frequency of
"Yearly" in the system.
(h)
Based on this selection, system will display the contribution.
Customer/depositor may be told that this amount will now be debited from
his/her account and for subsequent period, he/she has to keep this amount in
the savings account over and above the minimum balance.
(i)
There is a field of "Beneficiary of other Social Security Scheme" and
default value is "NO". CPA has to see the subscription form and if
subscriber has ticked as "Yes", the CPA has to modify the same to
"YES" in the relevant menu.
(j)
After entering all the data, CPA has to click in "VALIDATE" button.
If any mandatory field is still not filled or populated, system will go to that
field. Once system validate, the CPA has to click on "SUBMIT" and
handover the Form to Supervisor.
(k)
Supervisor will go to CAPY menu and select the function as "Verify".
All the data fed by CPA will be displayed. Supervisor should tally the data fed
by CPA with the Form and click on Submit. At this time, contribution amount
will be debited from Savings Account and PRAN No. will be generated and added
in the data.
(l)
Supervisor will note down PRAN NO. on the top of the form and sign in the
portion "FOR OFFICE USE" and put his/her designation stamp.
(m) CPA
will go to CAPY and inquire with the account number. He/she can see all the
data including PRAN No. on the screen. CPA will fill the ACKNOWLEDGMENT portion
of the Form from the data and place the same before Supervisor for signature
and stamp.
(n) CPA
will cut the acknowledgment portion and hand over to the subscriber or who
brought the form. In case of BOs, Acknowledgment portion will be sent through
BO Slip.
(o)
Subscription Registration Form should be kept in the Guard File of A4 size and
preserved with Supervisor.
(p) If
Form presented is of Swavalamban Yojana Subscriber, User will click of the
relevant field as YES and enter PRAN number in the relevant field.
2.11
Accounting of the Amount Deducted.
(a)
Amount deducted for the new registration will be shown in the SB LOT and SB
Consolidation as withdrawal in the CBS HO where entry is made.
(b) CPA
will go to HFINRPT and generate report POST OFFICE REPORT OF SOCIAL SECURITY
SCHEMES by selecting date and scheme type as APY to see the total amount
collected under APY and mention the amount in SB Cash to tally the accounts.
(c) For
subsequent deposits, an Auto Debit batch will run from 1st January 2016 at all
CBS Offices on daily basis which will deduct the required amount from Savings
Account of the subscriber (as and when balance is there in the account). This
amount will not be included in the SB LOT and Consolidation of the SOL where
account stands instead, it will be accounted at Sansad Marg HO. A report has
been configured in HFINRPT which will show the account numbers from which amount
is debited. This Auto Credit report need to be generated by CBS Offices as and
when required and this amount should not be accounted in the SB Withdrawal and
APY Deposit.
(d)
This amount debited from Savings Accounts through batch will be accounted at
Sansad Marg HO by tallying the same with the extraction batch. As and when any
depositor/customer comes for inquiry about the contribution deducted, CPA of
any CBS Post Office can go to HACLI and provide information to the deduction to
the customer.
(e) If
any customer wants ledger copy of the APY Account, CPA has to go the NSDL Web
Site and generate the same. This can be saved in the desktop and print out can
be given to customer free of cost. Detailed procedure for this is attached with
the SOP.
2.12
Process for claiming INCENTIVE for handling APY.
(a) At
CBS HO, all Forms presented at the HO Counter and successfully accepted would
be handed over to designated PA(s) who will enter these forms in MS Excel in
the following format:-
Headers
Date-
Scheme:-APY
Data to be entered:-
Sl.No., Account Number, Name/Designation/Office of Posting/HO from where pay is drawn of Postal Employee including GDS who collected Form.
At the end:- Total No. of Forms
Date-
Scheme:-APY
Data to be entered:-
Sl.No., Account Number, Name/Designation/Office of Posting/HO from where pay is drawn of Postal Employee including GDS who collected Form.
At the end:- Total No. of Forms
(d)
Special Monitoring Cell at each CBS HO at the end of each Year will prepare
incentive bill of APY showing no. of forms collected by each Postal Official
(including GDS) and amount of incentive against each official or set of
officials before 15thApril of each Year. Format of Incentive Bill is given
Below:-
Year
Name of Postal Official (including GDS)
No. of Forms collected/Handled in the Year
Amount of incentive
Total Number of Forms collected in the Year
Amount of incentive of HO Monitoring Cell
Name of Postal Official (including GDS)
No. of Forms collected/Handled in the Year
Amount of incentive
Total Number of Forms collected in the Year
Amount of incentive of HO Monitoring Cell
e) This
bill will be sent to Divisional Head who will issue sanction against the
Incentive Head of Account subject to availability of funds (will be circulated
in Accounting Procedure) and sent back to HO. Divisional Office will send
yearly statistics to its RO/HO by 20th of April alongwith its Incentive Bill to
RO/CO. RO will maintain yearly statistics of the Divisions under it and issue
sanction of incentive bill of DO subject to availability of funds under
relevant head of account. RO will send its yearly data to CO by 30th of April
of the Year which will issue sanction of incentive Bill of RO subject to
availability of funds under relevant head. CO will maintain data of Forms
collected by all the Regions and issue sanction of Incentive for its own staff
subject to availability of funds under relevant head. CO will send yearly
statistics of Forms collected and incentive sanctioned to F.S Division of
Directorate and DAP by first week of the month of May.
(f) On
receipt of Sanction from Divisional Head, Accounts Branch of HPO will prepare
Incentive Payment Bills for the staff and charge these bills (after payment) in
the APY Incentive. (Accounting Head will be circulated in accounting
procedure).
(g) F.S
Division of Directorate would maintain statistics of Forms Collected by all the
Circles and raise its incentive bill to Delhi Circle which will issue sanction
from the relevant head.
(h) DAP
will issue sanction of Incentive Bill for its own staff engaged for this
activity and book the amount under APY Incentive head.
(i)
DDG(PAF) Directorate, on yearly basis, collect information from DAPs on number
of new APY Accounts Opened, number of live APY Accounts as on 31st March,
Amount of APY Contribution Collected, Amount of APY Contribution sent to PFRDA.
PA Wing will intimate these figures to FS Division which will raise the claim
to PFRDA for release of APY Account handling charges. Once this amount in
credited into Sansad Marg HO remittance account, intimation will be sent to
DDG(PAF) and PAO(DElhi) for booking the incentive amount i.e Rs.60/- per new
account opened into Incentive Head of Account and remaining in the income head
of the Department (accounting heads shall be intimated through Accounting
procedure). PA wing will issue sanction of its own incentive bill.
2.13
Activities to be carried out at Nodal Office i.e Sansad Marg HPO (Delhi Circle)
.
(a)
Sansad Marg HO (designated PA/SA) will run APYX1 batch job at 1015 AM in the
morning for the batch date of previous day. After getting extraction file of
Registration, it will be first uploaded into Off Line NSDL Utility. If there is
any error, it will be rectified either at Sansad Marg HO or by relevant Post
Office through respective CPC (by CPC Delhi) or by Infosys L2 Team through a
Meops Ticket raised by CPC Delhi.
(b)
Once the file become error free, it should be uploaded into NSDL website. After
getting success message, in CUUTR menu, registration flag has to be updated and
verified. After this, Sansad Marg user has to run APYX2 batch job for
subscription. After getting extracted file, again this has to be uploaded into
Off Line NSDL Utility. If there is any error, process given in point (d) has to
be followed. Once, file becomes error free, it has to be uploaded into NSDL Web
Site. After successful upload, a NEFT/RTGS Challan is generated from the NSDL
site.
(c)
User has to go to CUUTR and update subscription flag and verify the same.
NEFT/RTGS Challan has to be given to Treasurer for remittance of APY collection
to NSDL. Treasurer will account for the amount as Drawn from Bank and APY
Collections Remitted to NSDL. For its own collections, Sansad Marg HO will
account for the amount as mentioned in para 2.11 (b).
(d) For
subsequent contribution, Sansad Marg HO will generate a CUUTR report from
Finacle. This will show total amount collected through Auto Credit Batch and
new registrations. Sansad Marg user will run AYX3 batch Job and after getting
extraction file, this has to be uploaded into offline NSDL utility. Once it is
error free, it has to be uploaded into NSDL Web site. After successful, upload,
another Challan will be generated by NSDL system. Amount of both the challans
will be equal to the amount shown in CUUTR Report. Separate NEFT/RTGS has to be
sent for this subsequent contribution to NSDL by the Treasurer. Amount remitted
for subsequent contribution will be shown as SB W/D and APY Collection
(Accounting Head will be given by PAF Division of Directorate through
accounting procedure) and Drawn From Bank and APY Contribution Remitted to NSDL
at Sansad Marg HO.
(e)
Accounting Heads of APY Collection and APY income (to be received from PFRDA on
annual basis) are to be created and intimated by PA Wing of Directorate through
Accounting procedure.
COLLECTION OF
REGISTRATION FORMS FROM POSB CUSTOMERS
Incentive
structure (per successful registration) for Atal Pension Yojana (APY)
APY :-
Any
Postal Official including GDS who bring APY Form- Rs.30.00
GDS
BPM(additional work as BPM if form is brought by any other official)-Rs.6.00
Counter
PA (additional work as Counter PA if form is brought by any other official)-
Rs.6.00
Counter
Supervisor/SPM (For verification of forms presented at counter or received from
BO)- Rs.6.00
HO
Special Monitoring Cell Officials- Rs.4.00
Accounts
branch of HO:- Rs.1.00
Divisional
Office Monitoring Cell:- Rs.3.00
Ro/Co
Monitoring Cell:- Rs.1.00
Directorate
Monitoring Cell.:- Rs.1.00
DAP
Monitoring Cell:- Rs.1.00
Directorate
Monitoring Cell (PAF)- Rs.1.00
Post a Comment
Thanks for your views.....