RPLI VEDIO OF TENALI DIVISION

Monday 17 August 2015

List of Post Offices Migrated to Core Banking Solution (CBS)

Post Offices all over India are preparing for Core Banking Solution.  Now India Post employees are frequently saying or using one word i.e. “Migration” in all their conversations.  Here migration means changing the POSB platform from Sanchay Post to Finacle, Core Banking Solution (CBS) from Infosys.

India Post started Migration to Core Banking Solution by the end of 2013. The first migration was happened on 16.12.2013 at Greams Road S.O under Thygarayanagar HO in Chennai City Region of Tamil Nadu Circle.

Now Post Offices from all 22 Postal Circles have been included in the migrated list.  Total of 2148 Post offices including 725 Head Post Offices and 1423 Sub Offices have been rolled out for CBS until now.  All Head Post Offices in India will be migrated to CBS by the end of March 2015.

Compared to nationalised banks that switch over to CBS in earlier stage especially SBI, the migration process of India Post was very speedy and it was within the time frame work.  You can read the process of CBS implementation in SBI in my postSuccess story of CBS implementation in State Bank of India.


Following table shows the status of CBS migration in India Post up to 13.03.2015

Number of Post Offices migrated to CBS till 13.03.2015
SL
Name of the Circle
HO
SO
Total
1
Tamilnadu
94
425
519
2
Rajasthan
48
295
343
3
Karnataka
58
278
336
4
Uttarpradesh
69
229
298
5
Maharashtra
58
107
165
6
Andhrapradesh
94
2
96
7
Delhi
11
54
65
8
Kerala
47
0
47
9
Madhya Pradesh
39
0
39
10
Odisha
35
1
36
11
Assam
17
19
36
12
West Bengal
33
0
33
13
Punjab
20
10
30
14
Bihar
22
1
23
15
Gujarat
20
0
20
16
Haryana
14
1
15
17
Himachal Pradesh
14
0
14
18
Jharkhand
13
0
13
19
Chhattisgarh
8
0
8
20
Jammu & Kashmir
5
0
5
21
Uttarakhand
4
1
5
22
North East
2
0
2

Total
725
1423
2148

The account wise count and total deposit value of migrated offices are shown in the following table.

SL
Product
Number of Accounts
Balance
1
MIS
38,30,489
438813069258.00
2
PPF
14,02,784
369541987921.92
3
KVP
2,82,24,529
281205388565.00
4
NSC 8th ISSUE
4,38,89,629
249994835755.00
5
RD
1,66,39,776
216009822896.00
6
SBSGP
2,03,70,701
107190620399.22
7
TD
24,87,262
95916127634.00
8
SCSS
2,95,331
78651428917.00
9
NSS -87
1,12,554
21061722671.71
10
NSC 9th ISSUE
22,26,773
16678023800.00
11
DISCONTINUED PRODUCTS
11,59,491
13301202615.46
12
NSS -92
29,189
3266384259.57
13
SB – PENSION GROUP
1,62,867
2844961134.57
14
RD LOAN A/C
2,55,803
2522884714.15
15
SBDIGP
10,78,669
1430898746.81
16
SSA
83,215
218466335.00
17
SB – BASIC
2,88,533
148764986.74
18
PPF LOAN A/C
3,497
64087521.75
19
SB SANCHAYKA – PRODUCT GROUP
3,310
47301352.70
20
SB – GENERAL PRODUCT
401
2899835.35

TOTAL
12,25,44,803
1898910879319.95

(Count and balances as on 13.03.2015)
12.25 Crore
189891.08 Crore

The detailed list of Post Offices that have been migrated to CBS can be seen from the following link.

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