Previously, the commission to the agent credited after opening
of an account before verification. This is not a correct method as per rule.
Scenario: If the agent code is wrongly entered at the time of
opening of an RD account through Agent, the Commission will be credited before
verification of account. The reversal of commission is not possible even after
cancellation of transactions and temporary account number.
The message has been received from CPC regarding credit of agent
commission only after verification of new account by the supervisor.
Agent commission will
be generated for agent linked accounts only after verification of new account.
Patch deployed for the same with effect from 02.08.2019. Please circulate this
update to all the sols.
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