ECS Process in DOP Finacle as per SB Order 09/2021

 Monthly/Quarterly/Yearly Interest payment and Premature/Maturity closures for TDA type of accounts(MIS/SCSS/TD/RD/KVP/NSC) to Account Holder’s BANK ACCOUNT through ECS mode Pre Requisite 1. ECS Mandate form2. POSB Passbook3. A cancelled cheque leaf or first page of Bank passbook of customer4. Counter PA will check the name of depositor on cancelled cheque leaf or first page of passbook with respective … Read more