PoTools
News
Loading...
New Cash withdrawal Week from 13.01.17 to 19.01.17 - Configuration done in DOP Finacle RBI increases cash withdrawal limit to Rs.4500/- from 01Jan2017
Home » , , »

India Post to Start SBI Buddy Wallet Service in Post Offices

Jan 11, 2017 at 9:00 AM

India Post to Start SBI Buddy Wallet Service in Post Offices

Written By Admin,PoTools on Jan 11, 2017 | 9:00 AM



In order to move towards digitization of cash transactions at post offices for its Saving Bank Customers, Department of Posts (DoP) has approached the State Bank of India to provide customized services of State Bank Buddy wallet for branches of Post Offices. Cashiers/Postal Assistant at authorized Post Offices will accept two kinds of withdrawal forms from their Saving Bank customers. One for withdrawing cash and other for loading their Buddy wallet.

Draft of process flow is summarized below:

1. DoP would like to open wallets for their identified Post offices across India.

2. To begin with, DoP will start with 1000 Post Offices and then extend to larger no. of Post Offices. All these Post Offices will be provided with a smart phone, by the respective Divisional Heads/Chief Postmaster/Sr. Postmasters. These phones Will be the assets of the post Office concerned and Will be the deposited in the treasury at end of the day. At the beginning of the day the phone will be given to the SB Cashier handling the Buddy wallet.

3. State Bank Buddy wallet will be downloaded from Google play /Apple store and wallet account will be registered on these (Post Offices’ Official) Mobile Numbers.

4. Sansad Marg HO will be assigned as a nodal office for SBl buddy. DoP will share with SBl the list of mobile nos. to be used on Post Office counters. Against each mobile no. in the list, name & address of PO along with other details considered important for accounting and MIS.

5. SBI will prefund all 1000 post office e-wallet accounts with Rs.20,000 (each wallet to be topped up with Rs.20,000).

6. Cashiers/Postal Assistant at Post Offices will pay to their (PO) customers, through P2P facility (using “Send Money/Ask Money) against special withdrawal forms presented by the customers.

7. At 4.30 pm each day, Buddy Team at GITC will send MIS to NDMB (Sansad Marg) & Sansad Marg HO containing the amount consumed by each PO wallet during the day.

8. At the closure of Post Offices? customer dealing, 3:00 pm State Bank Buddy team will run a scheduled job and block all these wallets so that no further transactions can be made on that day.

9. Buddy team will generate Daily Transaction MIS of these wallets post office wise and share it with DoP

10. No PO wallet will be topped up during the day for increased requirement etc.

11. Buddy team will unblock these wallets in SOD (Start of Day) so that wallets will be operational for use.

1- Between Customer & Cashier/Postal Assistant

i. Customer should download buddy wallet from play store or apple store. Assistance may be required. The cashiers/Postal Assistant will be trained by SBI.
ii. Customer should use 'Ask Option" in Buddy giving mobile number of the Cashier.
iii. The statement of transactions on the wallet of the cashier can be made available by the Bank

At Post office
i. Debit SB account of customer
ii. Credit Wallet Account of customer

Reconciliation
The individual PO will download the Buddy report, check it against the transactions made and will

(A) Either confirm that the report tallied with the transactions done in the post offices, to the nodal office.

Buddy Wallet team (gmdigicomm@sbi.co.in) Sansad Marg HO will pay SBl Sansad Marg main branch at the end of the day as per demand raised by them. In the case of any dispute which is raised by post offices as per para B above, the adjustment would be made next day.
You may also visit: | |
Would you like this post please Register with PoTools for receiving latest updates on your inbox!
Share on Whatsapp via Mobile:: (Visit on mobile to see the share button) :

0 comments:

Post a Comment

You Might Like the following Tags in PoTools.

7thCPC Aadhaar Card Aadhar Software Accounts Accounts MIS Active Directory AD Rollout Adware Removal Tool Agent Portal Agent software Agreement Tool Allowance android indiapost antivirus APAR Atal Pension Yojana ATM AV Rollout Bandwidth of Post Offices Bhuvan India Post bnpl Parcel BO Account verification Tool BO Finacle Bonus News Bonus Order Bootable USB BPM Browser Cadre Review CAT Judgement CBS CBS Addon CBS Migration CC Bridge CCC ccleaner CCS Rules CCTV Central Government Employees Central Pensioners CEPT FTP cept Mysore Certificate CGEGIS CGHS Cheque Child Care Leave Children Education Allowance Chrome Addon Circular and Orders CIS Clarification Coaching Class COD Collection of SB Orders Compassionate Cases Compensation Conference Config file generator Constitution Consumer Price Index Court Case CPC CPC Software CPGRAMS CPMG CPSMS Fund Transfers CRC RMS CSI CTS Scan Customer Care DA News DA orders Data Migration Centre Data Profiler Data Profiling Tool Database Backup Tool DB Tools DBA Consolidated report DBA Updater DBA Updater and Mailer DBAnalyzer DCL error Dearness Relief Department of Personnel & Training Departmental Examination Deputation despatch despatch error & Solution DET Dharna Programme Digital Certificate Digital India Digitization Directorate Order Discrepancies tool Discripencies tool Disk Cleaner DM Tool DM Utility dmcc DOP Browser DOP Clients Configuration dop corner dop news DOP Order DOP Tools dopcalc DoPT Downloader Downloads DPC DPT Fix drivers backup e- Newsletter e-Service Book eBooks eCommerce EFMS Election Commission of India email emfs Sanchaypost eMO eMO Client emo client error emo error Employment News Encashment of EL EOD ePayment ePayment Cheque ePayment error ePayment updates EPF EPFO ePost ePost Office EST Tool Exam Result examination Festival Advance File Rename finacle Financial Powers Firefox Fixit FMenu Foreign Articles Foreign Postage forms Franchised outlet Gangajal Gazette Notification GDS General GEO Tagging Gmail GO Live Gold Bonds google Google Chrome google drive Google input Tools GPF GPS Enabled Vehicle GPS Tracker in Letter Box Grade Pay Greetings Group A Group B Group D GUP Handheld Device HDMS Hijackthis Hiren Boot History of Post Offices holiday HP Drivers HP Support HRA IFS eMO IFS MO IMO IMT Incentives Income Tax India Post India Post Logo India Post Mail India Post Mobile Application Indian Economy Indian Science Congress IndiaPost Mail infosys Patch for DOP Inspection of Posts Inspector Inspector of Posts interest calculation interest calculator interest Posting Interest Posting error Interest Posting Tool interest Rate International Balloon Festival Internet Explorer IP Scanner IPO IPoS IPPB IPR IPS bridge ISRO IT Modernisation Java Jeevan Pramaan Just for you Kendriya Vidyalayas KVP Lok Sabha Q &A LPG Subsidy LSG Promotion LTC MAC ID Changer MacCamish MACP MACP in Pay Commission malware fighter Mapping of Post Offices Maternity Leave McCamish MDE Media Player Meghdoot Printer Meghdoot Update MGNREGS Microsoft Edge MM 7 Update 8 MM 7 Update 9 MM 7 Update 9.1 MM 7 Update 9.2 MM 7 Updated 9.4 MM 7.0 Update-8 MM Solutions MM Update MM Update 7.9.3 MM Update 7.9.4 MM Update 7.9.5 MM Updater MM7.0 Update 6 error mm7.3 errors MNOP MO Compilation Mobile Banking Mobile Money Transfer Mobile tracking Money gram Money Order Form ms office MS Word MSDTC MTS MTS Results Mutual Transfer MyStamp National Postal Week NDTV Negative List Updation Net Banking network Network migration New Pension Scheme New Services News newupdate NIC PLI Bridge NISM NJCA Meeting NPS NREGAEMO error NREGAEMO update NSC NSC Data Entry Tool OBC Office of Memorandum Online Training Oracle OROP PA 17 Tool Parcel Hub Parcel Net Parcel Revenue Partition Tool passbook printer Passbook Verification Pay Commission Pay Commission Calculator Pay Revision Payment Bank Payments Bank PDF Converter Pension Pension Calculator Penta Mobile Periodical Review PF Interest PFRDA News PG Portal Philately pincode PLI PLI Calculator PLI Customer portal PLI Online PLI RPLI PLI/RPLI PLI/RPLI Ledger view PLi/RPLI Service Tax Calculator PMJJBY PO Tools point of sale pos error POSB Calculator Post Bank of India Post Info Post Shoppe Postal Calenders / Diaries Postal ID Card Postal interest calculator Postal Life Insurance Postinfo Postman postman error Postman Mobile Application Postman Result Postmaster Cadre PoT Intimation PoTools Android PPF Pradhan Mantri Fasal Beema Yojna Preservation and Disposal of Records printer Printer drivers Project Arrow Project Management Promotions Provident Fund PT Tools PTC ptc exl for errors ptc solutions R Net Communication R Net MIS rabin Rail Booking System Railway rajesh Rates of DA RBI RD RD Bulk Account Open RD Customer Package rd Deposit error Recovery tools Recruitment Recruitment rules Register dll tool remote desktop Retirement Revenue RICOH RMFS RNet Communication Road Mileage Rotational Transfer RPC error RPLI Bonus RPLI Calculator RRB RTI Rules Rules for SC/ST Rural ICT Salary Sales and Marketing Sanchay Post Sanchay Post 7.5 Sanchay Post Tools Sanchay Post View Mode Sanchaypost error Savings Scheme SB Apptitude SB Discrepancies Tools SB Live Account Report SB Orders SB Statistical Tool SB46 Intimation tool sbco SBCO Utility Scan to PDF Scanner drivers schedule schedule backup script Tool SCS SI Entries sdc updates Security Service Tax services Sexual Harassment SGB Shortcut Shortcut Keys Sify Signage board Signature Scanner Signature Tools smart driver backup SMR SMS so to ho softwares Solar Panel for BOs Solution for DM Utility Solution for DPT Discrepancies SOSB Tools Sovereign Gold Bond SP Patch updater SPARROW SPCC Data SPCOD Special Arrangements Special CL Special Cover special journal Special RTI Stamps Speed Net 3.1.2 Speed Net 4.0 Speed Net 4.1 Speed Net 4.1.1 Speed Net 4.2 Speed Net 4.3 Speed Net 4.3.1 Speed Net 4.4 Speed Net 4.4 Update 1 Speed Post Speednet Communication SpeedNet error Speednet Tool Speednet update SpeedNet Update Status speedpost tariff revision Sports SQL SQL 2000 Suspect sql 2008 SQL and windows sql backup sql error SQL Recovery SQL Restore SR Tools SSA SSA Calculator SSC CHSL 2015 ssms Stamps Standard Operating Procedures State Bank of India statement Stenographers strike Sub Account sub accounts Sub Division Subscribe Sukanya Samriddhi Yojana Supplementary Survey Swachh Bharat Campaign Swachh Bharat Service Tax Switch to retry error switchto error symantec sysadmintools System Administrator System Utilities TA Allowance tariff revision Tariff updation Tax Deduction at Source TDS TDS Software Team viewer full version Tender TeraCopy Theft cases Thunderbird Timeout Error in SQL tips TNEB error Tool bar remover Tool for DOP Employee Tool for eMO Tool for Holidays 2014 Tool for Holidays 2015 Tool for Holidays 2016 tournaments Track and Trace tracking Trade Union Trail Closure Training Training Centre Training Materials Transaction Holiday Transfer Transfer / Posting of IPS Transfer Mobile Contacts Transport allowance Treasury treasury error TTUM tutorial UA Clearance UIDAI uninstaller Union News UPSC USB Format USB Port usefulpost User Registration v2sbco Value Added Services VBDET VC on CBS VC on Technical Issues Vehicle for Postman Verification tool Version Regeneration Video Tutorials Virtual bag Virus Removal tool VP Intimation Web Links Weblink Welfare WhatsApp window 7 Windows 10 windows 2003 server windows 2003 server update Windows 7 windows 7 error Windows 8 Windows Application Windows Edge windows error windows server 2008 windows server troubleshooting windows troubleshooting Windows XP winrar WNX WNX Tariff Revision Woman Post Offices Workman Workshop writer WTC WUMT Youtube

Gazette Notification dated 26.07.16

Follow by Email

Register with PoTools to Get Updates
    This is a required question
    This is a required question
    This is a required question
    Must be a valid email address
    This is a required question
    This is a required question
    This is a required question
Edit this form Just Click "Submit Button to Register"