OKCL on Social Media

Payment of New center registration 2017 process can be done by NEFT Only.

Q1
What is NEFT?
A

National Electronic Fund Transfer (NEFT) is online payment interface offered by all nationalize banks for transferring the payment from one bank to another bank.

Pre-requisite for NEFT Process:

  • AO must have account in any IFSC enabled nationalize bank.
  • AO must be having username and password for online banking facility of that particular bank.

 

Procedure of NEFT:

  • AO has to apply for new center on the website communicated by OKCL.
  • AO has to complete all data entry and follow the steps on SOLAR till successful completion of payment transfer.
  • AO has completed following steps while doing the NEFT.
    • Enter Bank Details from below mentioned AO SOLAR Link :

 

Channel Partner Network >Center Information>Register Bank Account Details for NEFT Payment

(Only IFSC enabled banks and their respective branches are available in above mentioned link on SOLAR)

  • Select NEFT mode for payment transaction and Generate the Mandate
  • Deposit the Exact amount (As Appear in Mandate) in the Bank from account number added as per point No. a Mentioned above.

    (Amount deposited in the bank will reflect on SOLAR within 48 hrs during working days)

  • Click on the below mentioned AO SOLAR “button” available on Home page to reconcile the NEFT transaction.

Online Transfer

 

After Application cross-verification:

  • AOs are requested to verify the payment status on SOLAR after successful completion of NEFT process.
  • AOs are requested to verify the online balance in respective Bank account after successful completion of NEFT process.

 

Q2
What is IFSC?
A
Indian Financial System Code (IFSC) is provided by RBI to every branch of all nationalize bank. IFSC code is unique. Bank and Branch wise IFSC code in available on RBI Site.
Q3
Which bank accounts are allowed for doing transaction through NEFT
A
All nationalized banks except HDFC which are listed in the dropdown options in the Payment process step of NCR.