Welcome to All Thanks for Visit this Blog Kindly Share your Suggestion to vikylove30@gmail.com

Monday, February 20, 2017

Meghdoot Update For ATM Cash Replenishment

This Update of Meghdoot consists the following applications:
ü Treasury
ü Account MIS Client

The pre-requisite for Update is Meghdoot Update 7.9.6 released by CEPT on 23.11.2016, which is available on ftp site at location ftp://cept.gov.in/Meghdoot7/Updates/meghdootupdate7.9.6/

General Instructions for Up-gradation :

Ø  Ensure that the office is upgraded with Meghdoot 7.9.6
Ø  Ensure that backups of all databases and mdb files are taken and securely preserved.
Ø  Ensure 100% successful running of the database up-gradation.  If any error occurs while executing any exl file, please send the log file to CEPT Help Desk.
Ø  Treasury database up-gradation has to be done only at the end of the day’s work (or) after doing day begin in Subaccounts/Treasury applications on the following day for updating the newly created account heads to the current date.
Ø  Please upgrade the applications in the following order:
v  Accounts MIS Client 
v  Treasury

Up-gradation Procedure (Please follow the order mentioned below strictly) :

v Accounts MIS Client
ü Stop Accounts MIS Client application if running.   
ü Rename the existing AccountHeads.xml and copy the new AccountHeads.xml in the same location.   
v Treasury
ü Rename the existing Treasurer.exe and copy the new Treasurer.exe in the same location.
ü Run the Treasury01022017.exl file using the script tool.

New Features/Modifications done in this Update : 

ü Creation of separate head of account ‘ATM Cash Pmts’ under General Payment’s category to account for the amount remitted to Bangalore GPO against the cash deposited in ATM.
ü Provision to account for the amounts of ‘ATM Cash Pmts’ in Post Office accounts in the relevant Daily Account, Summary, Cash Book etc.
ü Provision to show the Report of ‘ATM Cash Pmts’ in Accounts MIS website.


Thursday, February 16, 2017

After Upgradation SpeedNet 4.5 Issues & Solution

BOs Not Showing For Invoicing Article or Taking Returns of Article 

Reply From CEPT :
Please download office master from speednet MIS login  and update through speedent communication.

If the issue is not resolved , please check whether the BOs are available in the office master file. if not available , please forward a office addition request in the    proforma excel "Facility Master Template CSI.xls" available for download at  ftp://cept.gov.in/Proforma/ 

Alternative Solution :
Download Enable BO Tool From POTools.blogspot.in

Office Showing Not Upgraded on SpeedNet MIS

Even After Successful Upgradation of Office in Speednet Version 4.5 Office is Not Reflection on SpeedNet MIS

Reply From CEPT :
If you have already upgraded but the messages were lost due to some reason, please download & run the attached file , unzip and run the  script file using scripttool.exe after taking db backups. Otherwise, complete the upgradation for client/communication as per the pending status shown in Speednet MIS site for the said office(s) and check.

ZERO Value SPCOD Article

After doing data entry and then transferring the SPCOD article to meghdoot postman module, the amount against some articles appear to be 0 ( zero) and due to this we are unable to dispose these article in proper way. 

Reply From CEPT :
The reported error is due to closing of the transfer option window after data entry but before transferring the article. Please download the attached zip file, unzip the contents and execute the script using Meghdoot Scripter after taking database backups. Then login to Speednet and redo transfer of SP-COD article. Then check the Postman reports. Note: The solution is only for those articles for which invoicing is not done/updated in Meghdoot Postman module.

SpeedNet Ver 4.5 Released By CEPT Mysore


The list of major changes/updations incorporated in SpeedNet 4.5 are as follows:

a)      Rationalisation of Discount Structure for Speed Post, Express Parcel and Business and revision of Operational Guidelines (Ref: BD&M Dte lr.no. 10-23/2013-BD&M dated 24.01.2017)
b)      BO Returns modification (Ref: eMail dated 24.10.2016 from MB Division, Directorate)
(i)  Removal of auto-population of date at the time of returns along with capturing of reasons for delay in updating BO returns with a delay of more than 2 days.
(ii) Pop-up for BO articles pending for more than 2 days.
c)       Segregating the delivery performance of BOs from the overall delivery performance of Account SO/HO (Ref: Directorate lr.no. 16-01/2016-D dated 08.11.2016)
d)      Bugs resolution:
(i)                 Capturing correct delivery office code in r/o SP articles for which delivery information is updated using the option – ‘Articles of Other Offices’ in Speednet
(ii)               Displaying correct office information in SP Mail list for FML.
e)      Capturing additional scan information for eCommerce Articles viz., Article Out for Delivery, Articles for which electronic data is not received, etc (Ref: 14-01/2015-BD&M Dte dated 09.01.2017)
f)       Provision for use of Dynamic Barcodes for SP-COD articles (Ref: MB Division lr.no. 30-35/2015-D (Pt I) dated 11.08.2016)
g)      Introduction of new remark – ‘Left Address’ for Speed Post articles (Ref: PO Division lr.no. 27-46/2015-PO (Pt.II) dated 09.01.2017)
h)      Provision for accepting new barcode series for APS DAPL service
i)        International EMS Service with Finland Post (IR&GB Dvn., Dte lr.no. 40-4/2016-DA dated 31.01.2017)

For information relating to the changes done in Speednet Version 4.5 for Dynamic Barcodes, please refer Annexure-II (Operational guidelines) and Annexure-III (Dynamic Barcode structure) document.

Download Release Document

Friday, April 1, 2016

Sify & CSI DNS Internet Connectivity Test Tool

Check Internet Connectivity with Sify_DNS Or CSI_DNS Tool

Download Attached file Save as per  Below Screenshot Location :

Text File Will be created after successful Execution of exe to C:\PING
Send The Created " Ping_Result.txt " File to
For Low Bandwidth Or Unstable Internet Connectivity Issue

Connectivity With Sify_DNS.exe  >>> Download
Connectivity With CSI_DNS.exe  >>> Download

Vikram M. Paraghi
System Administrator
Bilimora HO - 396 321

Saturday, January 9, 2016

SBCO Utility Ver 7.0 Released on 01.01.2016



1) Count and Display Accounts Opened between Two Dates for all Category.2) Count and Display Accounts Closed between Two Dates for all Category.
3) Count and Display Accounts Transferred IN between Two Dates for all Category.
4) Count and Display Accounts Transferred OUT between Two Dates for all Category.
5) List of Transaction (LOT) view for all Category.
6) Ledger View for All categories.
7) Live Accounts Report.
8) Accounts Without Date of Open Report.
9) Accounts Without Depositor Name.
10) Account Number Not in Index for All Categories.
11) Accounts Out of Ledger Chart.
12) Find Invalid Accounts List.
13) Find and Delete Duplicate Accounts.
14) Minus Balance Report for all Categories.
15) Closed Accounts With Balance for All Categories.
16) Silent Accounts List.
17) Binder Number Corrections.
18) Modify HO/SO Transaction Dates.
19) Update DLT for All Categories.
20) Query for All Categories.
21) Find Invalid Entries in ACC/TRA Files.
22) Accounts-Wise Balance Report.
23) Interest Statement for SB, PPF, NSS-87 and NSS-92 Category.
24) Delete Transactions for a Perticular Date for all Category.
25) Clear Temporary Files.
26) Backup of Database.
27) Delete CDX/IDX Files.
28) Consolidation (SB-72) (Only Amount) for All Categories.
29) Summary Report (SB-63) for All Categories.
30) Transaction Summary for All Categories.
31) OBC Register Query.
32) NREGS Features
      a) NREGS Live Accounts.
      b) NREGS With Balance and Without Balance Report.
      c) NREGS LOT.
      d) NREGS Summary.
      e) NREGS Transaction Summary.
      f) NREGS Consolidation.
33) SBCO OM Register.
34) Closed PB Register.
35) Missing SB-3 Cards Register.
36) Will Follow Vouchers Register.
37) POSB ICS (ICS => Interest Calculating Software).
38) View I.R. entries for SB and PPF category.
39) Data Entry Option for Finacle Migrated Offices.

Special Thanks to SRIKANTA S.Postal Asst. ( SBCO )South Karnataka Region

Monday, November 9, 2015

Sovereign Gold Bond will be open for subscription from November 5 to 20, 2015

Sovereign Gold Bonds Issue Price ₹ 2684to be remain open from November 5 to 20

The Government of India has announced that the Sovereign Gold Bond will be open for subscription from November 5 to 20, 2015. The issue price of the Sovereign Gold Bond for this tranche has been fixed at ₹ 2684 (Rupees Two Thousand Six Hundred and Eighty Four) per gram of gold. The rate has been fixed on the basis of simple average of closing price for gold of 999 purity of the previous week (October 26-30, 2015) published by the India Bullion and Jewellers Association Ltd (IBJA). (GoI notification F.No.4(19)-W&M/2014 and RBI circular IDMD.CDD.No.939/14.04.050/2015-16 dated October 30, 2015)

Alpana Killawala
Principal Chief General Manager
Press Release : 2015-2016/1063

Download Notofication in PDF

FAQ : All About Sovereign Gold Bond

Sovereign Gold Bond Scheme 2015
1. What is Sovereign Gold Bond (SGB)? Who is the issuer?
SGBs are government securities denominated in grams of gold. They are substitutes for holding physical gold. Investors have to pay the issue price in cash and the bonds will be redeemed in cash on maturity. The Bond is issued by Reserve Bank on behalf of Government of India.
2. Why should I buy SGB rather than physical gold? What are the benefits?
The quantity of gold for which the investor pays is protected, since he receives the ongoing market price at the time of redemption/ premature redemption. The SGB offers a superior alternative to holding gold in physical form. The risks and costs of storage are eliminated. Investors are assured of the market value of gold at the time of maturity and periodical interest. SGB is free from issues like making charges and purity in the case of gold in jewellery form. The bonds are held in the books of the RBI or in demat form eliminating risk of loss of scrip etc.
3. Are there any risks in investing in SGBs?
There may be a risk of capital loss if the market price of gold declines. However, the investor does not lose in terms of the units of gold which he has paid for.
4. Who is eligible to invest in the SGBs?
Persons resident in India as defined under Foreign Exchange Management Act, 1999 are eligible to invest in SGB. Eligible investors include individuals, HUFs, trusts, universities, charitable institutions, etc.
5. Whether joint holding will be allowed?
Yes, joint holding is allowed.
6. Can a Minor invest in SGB?
Yes. The application on behalf of the minor has to be made by his / her guardian.
7. Where can investors get the application form?
The application form will be provided by the issuing banks/designated Post Offices/agents. It can also be downloaded from the RBI’s website. Banks may also provide online application facility.
8. What are the Know-Your-Customer (KYC) norms?
Know-Your-Customer (KYC) norms will be the same as that for purchase of physical form of gold. Identification documents such as Aadhaar card/PAN or TAN /Passport / Voter ID card will be required. KYC will be done by the issuing banks/Post Offices/agents.
9. What is the minimum and maximum limit for investment?
The Bonds are issued in denominations of one gram of gold and in multiples thereof. Minimum investment in the Bond shall be two grams with a maximum buying limit of 500 grams per person per fiscal year (April – March). In case of joint holding, the limit applies to the first applicant.
10. Can I buy 500 grams in the name of each of my family members?
Yes, each family member can hold the bond if they satisfy the eligibility criteria as defined at Q No.4.
11. Can I buy 500 grams worth of SGB every year?
Yes. One can buy 500 grams worth of gold every year as the ceiling has been fixed on a fiscal year (April-March) basis.
12. Is the limit of 500 grams of gold applicable if I buy on the Exchanges?
The limit of 500 grams per financial year is applicable even if the bond is bought on the exchanges.
13 What is the rate of interest and how will the interest be paid?
The Bonds bear interest at the rate of 2.75 per cent (fixed rate) per annum on the amount of initial investment. Interest will be credited semiannually to the bank account of the investor and the last interest will be payable on maturity along with the principal.
14. Who are the authorized agencies selling the SGBs?
Bonds are sold through scheduled commercial banks and designated Post Offices either directly or through their agents like NBFCs, NSC agents, etc.
15 Is it necessary for me to apply through my bank?
It is not necessary for the customer to apply through the bank where he/she has his/ her account. A customer can apply through another bank or Post Office.
16. If I apply, am I assured of allotment?
If the customer meets the eligibility criteria, produces a valid identification document and remits the application money on time, he/she will receive the allotment.
17. When will the customers be issued Holding Certificate?
The customers will be issued Certificate of Holding on the date of issuance of the SGB. Certificate of Holding can be collected from the issuing banks/Post Offices/agents or obtained directly from RBI on email, if email address is provided in the application form.
18. Can I apply online?
Yes. A customer can apply online through the website of the listed scheduled commercial banks.
19. At what price the bonds are sold?
Price of bond will be fixed in Indian Rupees on the basis of the previous week’s (Monday – Friday) simple average price for gold of 999 purity published by the India Bullion and Jewellers Association Ltd. (IBJA). The issue price will be disseminated by the Reserve Bank of India
20. Will RBI publish the rate of gold applicable every day?
The price of gold for the relevant tranche will be published on RBI website two days before the issue opens.
21. What will I get on redemption?
On maturity, the redemption proceeds will be equivalent to the prevailing market value of grams of gold originally invested in Indian Rupees. The redemption price will be based on simple average of previous week’s (Monday-Friday) price of closing gold price for 999 purity published by the IBJA.
22. How will I get the redemption amount?
Both interest and redemption proceeds will be credited to the bank account furnished by the customer at the time of buying the bond.
23. What are the procedures involved during redemption?
  • The investor will be advised one month before maturity regarding the ensuing maturity of the bond.
  • On the date of maturity, the maturity proceeds will be credited to the bank account as per the details on record.
  • In case there are changes in any details, such as, account number, email ids, then the investor must intimate the bank/PO promptly.
24. Can I encash the bond anytime I want? Is premature redemption allowed?
Though the tenor of the bond is 8 years, early encashment/redemption of the bond is allowed after fifth year from the date of issue on coupon payment dates. The bond will be tradable on Exchanges, if held in demat form. It can also be transferred to any other eligible investor.
25. What do I have to do if I want to exit my investment?
In case of premature redemption, investors can approach the concerned bank/Post Office/agent thirty days before the coupon payment date. Request for premature redemption can only be entertained if the investor approaches the concerned bank/post office at least one day before the coupon payment date. The proceeds will be credited to the customer’s bank account provided at the time of applying for the bond.
26. Can I gift the bonds to a relative or friend on some occasion?
The bond can be gifted/transferable to a relative/friend/anybody who fulfills the eligibility criteria (as mentioned at Q. no. 4). The Bonds shall be transferable in accordance with the provisions of the Government Securities Act 2006 and the Government Securities Regulations 2007 before maturity by execution of an instrument of transfer which is available with the issuing agents.
27. Can I use these securities as collateral for loans?
Yes, these securities are eligible to be used as collateral for loans from banks, financial Institutions and Non-Banking Financial Companies (NBFC). The Loan to Value ratio will be same as applicable to ordinary gold loan mandated by the RBI from time to time.
28. What are the tax implications on i) interest and ii) capital gain?
Interest on the Bonds will be taxable as per the provisions of the Income-tax Act, 1961(43 of 1961). Capital gains tax treatment will be the same as that for physical gold.
29. Is tax deducted at source (TDS) applicable on the bond?
TDS is not applicable on the bond. However, it is the responsibility of the bond holder to comply with the tax laws.
30. Who will provide other customer services to the investors after issuance of the bonds?
The issuing banks/Post Offices/agents through which these securities have been purchased will provide other customer services such as change of address, early redemption, nomination, etc.
31. What are the payment options for investing in the Sovereign Gold Bonds?
Payment can be made through cash/cheques/demand draft/electronic fund transfer.
32. Whether nomination facility is available for these investments?
Yes, nomination facility is available as per the provisions of the Government Securities Act 2006 and Government Securities Regulations, 2007. A nomination form is available along with Application form.
33. Is the maximum limit of 500 gms applicable in case of joint holding?
The maximum limit will be applicable for the first applicant in case of a joint holding for the specific application.
34. Are institutions like banks allowed to invest in Sovereign Gold Bonds?
There is no bar on investment by banks in Sovereign Gold Bonds. These will qualify for SLR.
35. Can I get the bonds in demat form?
The bonds can be held in demat account.
36. Can I trade these bonds?
The bonds are tradable on stock exchanges from the date to be notified by RBI. The bonds can also be sold and transferred as per provisions of Government Securities Act.
37. Can I get part repayment of these bonds at the time of exercising put option?
Yes, part holdings can be redeemed in multiples of one gm.

RBI Operational Guide Notification For Sovereign Gold Bond : DownloadRBI Press Release For Launch of Sovereign Gold Bond : Download

" SOVEREIGN GOLD BOND " : Operational Details , Forms & Guidelines

Operational Instruction By DOP For SGBs
Application form
Nomination Form
SGB Certificate of Holding
Office Memorandum For SGBs By Min. of Finance
Latter of RBI For SGBs
Notification For SGBs By Min. of Finance

Friday, November 6, 2015


Goverment of India to Issue Sovereign Gold Bonds W.e.f. 26th November,2015 

 Bonds To Be Sold Through All Head Post Offices in India

In continuation of the Press Communiqué dated 30th October, 2015 on Sovereign Gold Bond 2015-16, the Government of India, in consultation with Department of Post, has decided to issue the list of designated Post Offices to issue Sovereign Gold Bond Scheme, 2015. The designated Post Offices are authorized to receive the applications either directly or through agents. 
Government of India, in consultation with Reserve Bank of India (RBI), has decided to issue Sovereign Gold Bonds. The Bonds will be issued on November 26, 2015. Applications for the bond will be accepted from November 05, 2015 to November 20, 2015. The Bonds will be sold through banks and designated post offices as may be notified. The borrowing through issuance of the Bond will form part of market borrowing programme of Government of India.
It may be recalled that the Finance Minister had announced in Union Budget 2015-16 about developing a financial asset, Sovereign Gold Bond, as an alternative to purchasing metal gold.

The Major Features Of The Bond Are Given Below:

Sl. No.
Product name
Sovereign Gold Bond
To be issued by Reserve Bank India on behalf of the Government of India.
The Bonds will be restricted for sale to resident Indian entities including individuals, HUFs, trusts, Universities, charitable institutions.
The Bonds will be denominated in multiples of gram(s) of gold with a basic unit of 1 gram.
The tenor of the Bond will be for a period of 8 years with exit option from 5th year to be exercised on the interest payment dates.
Minimum size
Minimum permissible investment will be 2 units (i.e. 2 grams of gold).
Maximum limit
The maximum amount subscribed by an entity will not be more than 500 grams per person per fiscal year (April-March). A self-declaration to this effect will be obtained.
Joint holder
In case of joint holding, the investment limit of 500 grams will be applied to the first applicant only.
The Bonds will be issued in tranches. Each tranche will be kept open for a period to be notified. The issuance date will also be specified in the notification.
Issue price
Price of Bond will be fixed in Indian Rupees on the basis of the previous week’s (Monday–Friday) simple average of closing price of gold of 999 purity published by the India Bullion and Jewellers Association Ltd. (IBJA).
Payment option
Payment for the Bonds will be through electronic funds transfer/cash payment/ cheque/ demand draft.
Issuance form
Government of India Stock under GS Act, 2006. The investors will be issued a Stock/Holding Certificate. The Bonds are eligible for conversion into demat form.
Redemption price
The redemption price will be in Indian Rupees based on previous week’s (Monday-Friday) simple average of closing price of gold of 999 purity published by IBJA.
Sales channel
Bonds will be sold through banks and designated Post Offices, as may be notified, either directly or through agents.
Interest rate
The investors will be compensated at a fixed rate of 2.75 per cent per annum payable semi-annually on the initial value of investment.
Bonds can be used as collateral for loans. The loan-to-value (LTV) ratio is to be set equal to ordinary gold loan mandated by the Reserve Bank from time to time.
KYC Documentation
Know-your-customer (KYC) norms will be the same as that for purchase of physical gold. KYC documents such as Voter ID, Aadhaar card/PAN or TAN /Passport will be required.
Tax treatment
The interest on Gold Bonds shall be taxable as per the provision of Income Tax Act, 1961 (43 of 1961) and the capital gains tax shall also remain same as in the case of physical gold.
Bonds will be tradable on exchanges/NDS-OM from a date to be notified by RBI.
SLR eligibility
The Bonds will be eligible for Statutory Liquidity Ratio.
Commission for distribution shall be paid at the rate of 1% of the subscription amount.