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Centralized Banking Transaction Through Customized Banking Application for Agriculture Technology Management Agency (ATMA) Powered By

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Centralized Banking Transaction Through Customized Banking Application for Agriculture Technology Management Agency (ATMA). Powered By. Process: Step By Step. Every offices of ATMA has been allocated drawing power within which they can issue payment instruction. - PowerPoint PPT Presentation

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Centralized Banking Transaction Through Customized Banking

Application for Agriculture Technology Management

Agency (ATMA)

Powered By

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Process: Step By Step

PD- ATMA – Will get an access to online application developed for issuing payment instruction through dedicated User ID and Password.

PD- ATMA – They will issue payment instruction on both online & offline mode by selecting various components/sub components wise financial allotment.

Once payment instruction is generated, various reports are updated automatically for reference & review.Payment instruction is than handed over to beneficiary if this is a Cheque Payment or to Bank, if it is a RTGS/NEFT payment.

Every offices of ATMA has been allocated drawing power within which they can issue payment instruction.

Provision of rectification has been made to take care of wrong entry.

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Drawing Power Allocated to Various Offices of ATMA

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PD- ATMA – Will get an access to online application through dedicated User ID and Password.

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PD- ATMA – Issuance of Payment Application.

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PD- ATMA – Generation of Various Reports.

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Axis Bank

PD- ATMA – Submission of Payment Instruction to Bank

System Generated Cheque/RTGS/NEFT Instruction Submitted to nearest Bank

Branch

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Provision of rectification of Payment

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Features

1. Access through User ID and Password for issuing instruction.

2. Mandatory selection of components under scheme.

3. Control to State Office on allocation of drawing power.

4. Mandatory printed instruction to banks for execution of

instruction.

5. Mandatory manual signing of cheque in order to comply with the

audit requirements.

6. Automatic updation of drawing power based on the cancellation of

payment instruction.

7. Capture of user wise activity details in order to address any

dispute in future.

8. Provision for addition/deletion of components/sub components.

9. Provision of office copy and beneficiary copy along with cheque

issuance for office records.

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1. Tracking & Monitoring of funds movements through customize

online software.

2. State Nodal office of ATMA can monitor the funds positions &

movements with individual district accounts on a real time

basis .

3. Capturing scheme details while issuing instruction there by

eliminating reconciliation issue later on.

4. Easy to operate through net connectivity across the state.

5. Dedicated helpline numbers for handling service issues.

6. Real time position of Utilization Certificate generation which

is essential for submission to Govt.

7. Flexibility to incorporate any changes in scheme in future.

8. Promotes green banking with the usage of less paper.

9. Increase in spending due to removal of manual cheque

issuance and monitoring.

Benefits

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Thank You