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