01Overview
Main Tasks(1) Physical verification of Gold Packets, Cash including Vault Cash and Foreign Currency as to its correctness with the system records.
(2) Checking of ornaments as to its quantity, weight, quality and purity taken for pledge during the current gold inspection period.
(3) Checking of greater than 5 months gold packets as to its quantity, weight, quality and purity for which gold inspections were done earlier.
(4) Verification of Gold Loan pledge/release documents and reporting of anomalies if any observed.
(5) Verifying whether the ornaments pledged under all schemes are solid ornaments and LP/SP ornaments are not accepted for pledge under any schemes.
(6) Verification and reporting of any overdue gold loans, Low Purity and Spurious accounts are re-pledged or re-pledged under higher rate.
(7) Verification of Documents and ornaments/coins for Swarnavarsham/Shwethavarsham Loans disbursed.
(8) Verification of all Gold Loan related products/Packets, MSME Packets, Mahilamitra Loan Packets and Chitty Security Packets etc.
(9) Conducting Handing over/Taking over of branch as and when required by the Management and sending reports of the same to BAI Dept.
(10) Purity Index updation in the system
(11) Verification and sealing of auction related packets.
(12) Participating in the Gold Auction conducted in various branches as per the instruction from the Department Head
(13) Conducting Special Inspection in Selected branches along with Internal Auditors as per instruction from HO Audit.
(14) Verification of Bulk Pledge Packets, Balance Transfer Pledges, Doubtful Pledges as per the instruction from HOD.
(15) Conducting Gurukul Training and Appraisal training to be given to Branch staff during Gold Inspection.
(16) Other Key activities instructed by the Management on Demand.Areas Of Responsibility(1) Timely Reporting of discrepancies observed from the recent & old packets Verification.
(2) Reporting of observations/anomalies which are not rectified by the branch from the .
