IPPB is talks with multiple government departments and
other institutions of repute where there has been a requirement to track the
account opening.
IPPB
has already received mandates for onboarding beneficiaries of various schemes.
To
cater to the need of tracking of the account opening specific to mandates, IPPB
has come up with the customization in the account opening process. The End
User(EU) shall have the option to open all the accounts either in the normal
route or by tagging the accounts with specific mandates.
The
basic solutions which the mandate account opening provides are :
1.
It will provide the option to tag an account for single or multiple
DBT/Campaign scheme code for which the account has been opened.
2.
It will enable identification of accounts through the DBT/Campaign Scheme name,
the listing of all account opened for the customers under a specific DBT
Scheme for any Government department
3.
It will provide the provision for selection of relevant Government Scheme (or
any other Scheme beyond DBT as well) from an extended master list of Schemes
maintained in custom library for tagging the account at the account opening
stage or a later stage as well
4.
It will enable to capture specific beneficiary ID/identifier as per the scheme
for which the
account
is being opened.
5.
The mandate will also have the provision to validate The beneficiary ID if IPPB
has got a database
from the Govt department or institution whose mandate IPPB is implementing.
Note
:
Modification
rights of the custom table/library of the schemes with bifurcation of
national/state hierarchy to be provided to authorized users (at CO only).
As
and when a new scheme/campaign is added to the list, the modified library would
be replicated in the front end during the account opening process.
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