Opening of Individual account of a child of 10 years or more in DOP Finacle

Please note that in Finacle entering of DOB is mandatory while opening an account. Finacle treats all depositors as minor if age on the date of opening an account is less than 18 years and asks Guardian CIF. In some schemes, a child of 10 years and more age can open and operate account independently without guardian.   To accommodate this, following procedure should be followed:-

Depositor should not be asked to fill Guardian details in the Account Opening Form (AOF).

Signature and Photograph of minor of 10 years or more is to be taken on the Account opening form.

Create Minor CIF and note down Minor CIF ID in Account Opening Form in place of Depositor CIF ID.

In the column of Guardian details and guardian CIF, Counter PA should enter CIF ID as 300668762

In Finacle, when account is opened, select mode of operations as SELF and in the field of guardian CIF, enter 300668762. 

In CPC, while scanning the AOF, CIF ID of minor is to be entered.

Note:-  CIF ID 300668762 has been created centrally with dummy data. When CIF ID will be entered, system will show following details :-

Last Name / Short Name - GUARDIAN

DoB - 01/07/1960 

Document type - ADPRF with unique id 3dec2014email.

Document code -PSBID

Nationality- Indian

Tax deducted at source as - NOTAX