Standing Instruction (Automatic) From SB to PPF

Standing Instruction (Automatic) From SB to PPF

Today, we learn how to fix standing instruction from SB to PPF. 

Many customer want to operate their PPF account automatically credit from their SB account without coming Post office. 

So the process of standing instruction is given below

Menu Shortcut - HSSIM

Function - Add

GO

The following screen will be displayed.

Fill CIF ID - 

Standing Instruction Frequency - M-Monthly, 0, Week, Day, 15, P-Previous Day

Next Execution Date - 15th of Next Month 

Click on Instruction Detail TAB

 A/c ID (Debit) - SB A/c

Amt Type - Fixed

Amt  - As desired by customer. 

(For Exa, 1000 / 2000/ 5000/ 10000 upto 12500.)

But mind the total ceiling amount Rs 150000/- in financial year. 

So put monthly amount according to ceiling.

Collect Fee - No

Report To- choose anyone option from this searcher

Click Add

A/c ID (Credit) - SSA A/c

Amt Type - Fixed

Amt - as per 1st debit entry.

Report To- PPF Subscription deposit report.

Collect Fee - No

Click on Validate

Submit

Note the instruction no and verify from supervisor in same menu.

Now the Standing instruction is created successfully.

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PPF Automatic Process