Some SCSS Accounts are not getting
extended because of error Error W0205 - Acct balance [ 99990.00] after
lien [ 0] not sufficient for Renewal Amt [ 100000.00]" . It is informed
that due to excess interest credit in some SCSS Accounts during Interest
batch run on 31st December, an IAR entry has been made in such accounts
so that customer may not close the account without refunding the excess
interest. In case of closure, this IAR amount is getting deducted from
closure amount but in case customer wants extension, system is not
allowing this because the balance amount will not be in multiple of
1000/-.
To allow renewal of such accounts, following procedure should be followed:-
Post office first go for renewal and see
the amount of IAR entry in the screen and ask depositor to pay this
amount as it was excess paid in last quarter. Amount collected should be
credited into UCR and receipt be given to customer. Renewal application
should be retained. A letter/mail is to be sent to SBCO mentioning the
ACG-67 number and amount collected for removing IAR entry.
Incharge SBCO will Go to HIARM menu and
follow the process mentioned in the enclosed document. Once entry is
removed, an intimation should be sent to post office which will renew
the account as usual.
SBCO Incharge should maintain a register for the IAR entries removed for future reference.
Step of HIARM (Inter Adjustment Register Maintenance) Menu
- Menu Shortcut - HIARM
- GO
- Function - Modify
- A/c./Bill/Disbursement - A-A/Cs
- A/c./Bill/Disbursement ID field - SCSS A/c
- SOL ID
- GO
- Click Del Square button
- Reports - Daily_Factor_Int_Correction
- Submit
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