Discontinuance of NSC KVP from 1.4.16

From: FSI (CBS) Team, CEPT <cbs-cept@indiapost.gov.in>

Date: 2 April 2016 at 11:22

Subject: Re: Discontinuance of NSC KVP from 1.4.16

Dear CPC Teams,

As per gazette.NIC.in, MoF has decided to discontinue issue of Physical NSC / KVP certificates from 01/04/2016 and hence the menus for account opening of NSC / KVP (CSCOAAC / HOAACTD)  ​have been disabled in Finacle. 

Guidelines to open NSC / KVP for back-value date (for those accounts accepted through BCP / offline till 31/03/2016) will be provided shortly after receipt of the same from Infosys Team. 

Thanks & regards,

CEPT - FSI Team

 

From: Kawaljit Singh

Sent: Saturday, April 2, 2016 09:53

To: Sakthivelu VM; Giriraj Ponnambalam; FSI (CBS) Team, CEPT; Director (CBS)

Subject: Discontinuance of NSC KVP from 1.4.16

 

Dear Sir,
We came to know from notification published on egazette.NIC.in that MOF has decided to. Discontinue issue of Physical NSC KVP from 1.4.16.

Please disable NSC KVP account opening menus in Finacle and Sanchay Post immediately till further orders and communication should go to all post offices not to issue any NSC KVP from 1.4.16.