PLI IPPB Integration SOP | PLI/RPLI - IPPB Integration SOP | CSI SAP On PLI IPPB Integration Standard Operating Procedure (SOP)
PLI/RPLI IPPB Integration SOP. PLI (Postal Life Insurance) and IPPB (India Post Payments Bank) Integration for collecting premium through IPPB Mobile Banking App.
1.INTRODUCTION:
PLI/RPLI Collection are collected through IPPB through integration between IPPB & Mc. Camish. At the time of payment through IPPB app, the policy is updated instantly. Accounting entries are posted on a daily basis by the nodal Post Office i.e.,Sansad Marg HO, based on the Mc.Camish Reports and the amount received in Government Remittances to Bank Account of Sansad Marg HO.
2. NODAL OFFICE:
Sansad Marg HO will function as Nodal office to Accounting PLI/RPLI premium collection through IPPB.
3. HEAD OF ACCOUNTS & GL ACCOUNTS:
Manual voucher posting to be made till PLI-IPPB Integration.
5. ROLE OF NODAL POST OFFICE (Sansad Marg HO)
1. Amount received from IPPB towards PLI/RPLI premium collection to be verified with bank statements for the day.
2. Report of PLI/RPLI premium collected through IPPB, is to be taken from McCamish and the same should be tallied with Bank credit by IPPB.
3. Posting of accounting entries as per Standard Accounting procedure
4. Clear the balance in the (4866103300) -HOA-866100140370000 on daily basis.
5. Bank reconciliation to be carried out for the amount received from IPPB as per existing process.
6. Maintain proper records for the daily accounting and to facilitate audit
7. Submit a monthly report to PAO, Delhi for monitoring the accounting and reconciliation
6. ROLE OF NODAL PAO (PAO), DELHI
1.Ensure that Nodal Post Office (i.e..sansad Marg HO) clears the balance in the (4866103300) & HOA-866100140370000 regularly
2. Deviations in Accounting to be monitored and corrective action to be taken by taking up with the Nodal PO / Circle
3. Any issues in IPPB reports / Mc. Camish reports which impacts the accounting and reconciliation, to be referred to PLI Directorate to resolve the issue.
7. ROLE OF OTHER PAOs THAN NODAL PAO (Except PAO, Delhi)
1.Ensure that no bookings found in the 4866103300 in their Circle .
2. Ensure that no bookings found in the HOA-866100140370000 in their Circle
8. ROLE OF PLI DIRECTORATE
Review the implementation of the Service as per Accounting Procedure Any changes in SoP impacting Accounting/Reconciliation, to be intimated to PA Wing (CSI Section) Provide required User access to Mce.Camish to PAO, Delhi and coordinate for any issues with Mc, Camish / IPPB
This issues with the approval of Sr. DDG (PAF)
