Yes, most of the reports are customizable according to the requirements of the post office. But these URLs will be maintained in a single location of CSI. Since Finacle and McCamish are two different softwares with different architecture two different URLs will be provided for banking and insurance operations.

No, banking transactions will be maintained/ operated through Finacle software and insurance transactions will be handled in McCamish software. Will There Be A Single Window (url) For Banking And Insurance Transactions? Circles may have to identify space that could be scalable in future based on the volume of accounts to be handled. The standard requirement area of CPC is 1000sqft (for POSB) to begin with and will increase (along with staff) as the volume of work increases. CPC will perform tasks like scanning of documents, updating account details, KYC check etc.įor CBS, 22 CPCs are planned across India, one for each circle. Explain The Concept Of Cpc With Respect To Pli And Cbs?ĬPCs or Circle Processing Centres are envisioned to do all bulk operations related to accounts opening and processing. The idea is to have all accounts in digitized form in the new software system. So, digitalized & manual certificates will definitely be migrated to the new Finacle software. Certificates (nsc & Kvp) Being Digitalized As A Part Of Cbs Project? What Type Of Schemes Will Be Digitalized?Īll (schemes) types of accounts will be digitized as a part of CBS project even discontinued schemes will be stored in the centralized server after digitalization.

Interbank and Intra bank transfers are in scope of CBS project. Yes, Finacle supports all modes of electronic transfer of funds like NEFT, ECS, and RTGS. Can The New Finacle Application Handle Automatic Transfer Of Funds Between Accounts (electronic Transfer Of Funds Between Accounts)?

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