term deposit

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Module

Term Deposit

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MODULE : TERM DEPOSITS

• Open a TD Account • Add customer (if new):Without doing this

step, you can directly go to ‘Time Deposit Account opening’ option and if the customer does not exist, system will automatically pop up the customer addition screen.

• Open TD Account • Initial Pay in• Nominee Maintenance

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Contd..

• Specify Account operating Instructions

• Set Redemption / Interest Pay out instructions

• Waiver of TDS & TDS Remittance

• Receipt Printing

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TD Account Opening [Fast Path : 8054]PathTransaction Processing Customer Transactions Time Deposit Account Opening

Enter values for the following fields :Branch Name Product Name [Remember, there are different products

for staff & senior citizens]

A/c open date [If back dated deposit is to be opened, the

date should be set here]Customer IC, Category & RelationSelect ‘Val.Customer’ button

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Initial Pay-in / Deposit Opening [Fast Path : 1356]Transaction Processing Account Transactions TD account transactions Transfer TD Initial Pay in

• This option is for Opening a New Deposit under an existing account with a single or Multiple initial Pay-in. Pay in consists of Financial and Non-Financial transactions

• Type the account number and press TAB. • Customer name and value date will be displayed. But this Value date cannot

be prior to the Account Opening Date.• Click + button in the Payin Details tab sheet, one row will appear with Serial

Number 1. The fields displayed with underline are available for accepting values.

• To Choose the Payin Mode from the picklist, click on the field. The Options available are Cash, Cheque (Local clearing), Transfer from CASACASA, Transfer from GL, Banker’s Cheque, Demand Draft

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Contd: Pay in by Cash :To type amount in the Payin Amount, then press enter. Check the Txn Amount and click on SAVE.

Pay in by Cheque :To type the amount in Txn Amount, Same steps as above and in the displayed screen, fill in the Cheque Particulars and click on SAVE. By filling the particulars in this screen, the cheque gets included in the Outward clearing for the clearing type chosen. Hence, no need to book it again in outward clearing

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Contd..• Transfer from CASA :• Click on picklist button for the CASA accounts of the same customer and

choose from the list. Also give cheque number and date of cheque, if the transaction is by a cheque. Then click on SAVE.

• Transfer from GL :• Type the GL code and press tab, GL name will be displayed. Then click on

SAVE.

• Bankers Cheque (Pay Order) :• Click on Net Payin Amount, and in the displayed screen, Type the 12 digit

instrument number of the BC and press tab. BC amount will be picked automatically. After the details of the BC are displayed, click on SAVE. The amount of the BC will be displayed in Pay in /Txn Amount, in Payin Details screen.

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Contd..

• Demand Draft :• DD amount will be picked automatically. Click on Net Payin Amount, and

in the displayed screen, Type the 12 digit instrument number of the DD and press tab and click on SAVE. The amount of the DD will be displayed in Payin/Txn Amount, in Payin Details screen.

• If Multiple Pay in : When the initial Payin is from more than one source, For adding one next Row click on + button and then fill in the Particulars as explained above.

• For deleting the last row of Payin details click on ‘-‘(minus sign) button..• Click on Payin button to indicate financial entries are complete. Then

System will display the Deposit Details screen.

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Non-Financial (Term and Interest Related Particulars)

• Type Term in Months and Days and press TAB. Maturity date, Interest rate will be displayed. Though the variance field is displayed no entry is to be made there.

• Interest Pay out Frequency: This should NOT be changed for cumulative type of deposits like DCDC, DCDC(NRE), etc. This is meant for deposits under Monthly/Quarterly payout type of deposit products. For deposits under such products, Int Payout Frequency is to be changed accordingly.

• Click on SAVE and Click on OK button. On successful opening of the deposit, system will display deposit number

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REGISTRATION OF NOMINEE : [Fast Path : TD022]

• Path: Transaction Processing Account Transactions TD account transactions Other Transactions TD Nominee Maintenance.

• Select Add by Clicking on the radio button (At the Bottom of the screen).• Type account Number and press Tab. • Nomination (IC has to be created for the nominee before assigning to a

Deposit). a. Select deposit number from the picklist. Customer name etc. will be displayed.b. Select the search Criteria from the list and give the search string and press Tab. Nominee Name will be displayed.c. Type Nomination Registration number (Free Text Field) and date.

• ID Reference number, Operation Instructions ,Ref 1 and Ref2 : Optional Fields (free text fields)

• Click OK. Get it authorised in supervisor’s login.

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Multiple Pay Out Instructions for Interest Payments, Premature / Maturity payments [Fast Path : TD039]

• Path: Transaction Processing Account Transactions TD account

transaction Other Transactions TD Multiple Payout Instructions

• Select Add by Clicking on the radio button (At the Bottom of the screen).

• Type the Account number and press TAB. Customer Name, Product etc

will be displayed.

• To Select All Deposits click on the check box. For selecting specific

deposit click on the picklist available against Deposit No and select the

required deposit from the list displayed.

• Click + button, one row will appear for accepting values.

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contd..• Multiple Payout instruction can be set for both Principal and

Interest. The amount can be specified as a percent or as a

fixed amount. To change the Pay Type from percentage to

fixed click on percent, a small screen will popup with a

dropdown list. Choose required option and press tab.

• Click in the cell under Amount/Percent, a small screen will

popup to accept the Value. Type the Amount (when Pay in

Type is ‘fixed’) or percentage (when Pay in Type is

‘Percent’) and press Tab.

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contd..• To choose Payout/Renewal Mode click in the cell under Pay Mode a small

screen will popup with a dropdown list consisting of the following options.

Cash, Bankers Cheque, Transfer To CASA, Transfer to External Account

(This option is not being used), Transfer to Loans, Demand Draft, Transfer

to GL, Reinvest to Existing Account, Reinvest to New account and Add to

principal on Maturity (Only for Interest). Choose the required option from the

dropdown list and press Tab.

• After pressing the Tab at the end of the above, a screen appears for

accepting more particulars, depending on the Pay Mode. Type the required

information and click on SAVE.

• Click on OK button. Get it authorized by Supervisor going through the same

option by selecting ‘Authorize’ button.

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Waiver of TDS for all or some deposits of a Customer [Fast Path : TDS03]

• Path: Transaction Processing Account Transactions TD account transactions Other Transactions TDS tax waiver.

• Select Add by Clicking on the radio button (At the Bottom of the screen).• Select the search criteria, type search string and press Tab. A list

containing customers whose details match with search string pattern will appear. Select the customer from the picklist displayed.

• The Deposits of that customer will be displayed in a tabular form with Flag waiver/Delete as ‘N’. To mark waiver for the selected Deposits click on ‘N’ to make it ‘Y’ (Yes for Waiver).

• For marking waiver for all the Deposits of the customer, tick the Flag Waiver box appearing just below the search string. All the deposits will be marked as ‘Y’.

• Click OK and get it authorized by the supervisor.

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TDS Remittance [Fast Path : TDS10]

• Transaction Processing Account Transactions TD account transactions Other Transactions TDS Remittance

• The following details to be entered:• Branch Code, Period [from – to date], Challan Details [IT

Challan #, Date of remittance to IT and Bank name]• The system will display the number of accounts and total tax

amount deducted for the given period. Click ‘OK’ to confirm the same and the system will display the ‘record Added’ message. The TDS remittance report (adhoc-TS104) will show the remittance details.

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TD Certificate Printing / Duplicate Certificate Printing [Fast Path: TD043]

• Path: Transaction Processing Account Transactions TD account transactions Enquiries TD Certificate Printing

• Type the Account number and press TAB. Customer Name, Address etc will be displayed under Customer Details

• Click on Deposit Details. Particulars of all deposits under the TD account will be displayed. To print the certificate for a selected Deposit, Double click on ‘N’ appearing in the field. Certificate Details will be displayed for the selected deposit.

• In Certificate Details Tab-sheet Click on + button, one row will appear for accepting values.

• Type Series Number and Start number in relevant fields if to be changed from the displayed values and press Tab. Click on Validate button. Click on Print button. Printer window opens, choose the printer and click on Print button. System will prompt “Do you want to Print Again”, Click on NO.If printing is successful, click on OK in the TD043 screen for saving the particulars of TD certificate number etc., in the database.

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Interest Pay out by Cash [Fast Path : 1302]

• Type the TD account number and press Tab. Account holder’s name will

be displayed. • Click on the Pick list for Deposit number. Interest Payout amount will be

displayed. For making Payment Click on OK. System will prompt “Do You Want to Continue” click on OK.

• TD Interest Payout by Cash screen will be displayed with the amount. Click OK to make payment. On successful completion system will display

transaction number.

Select: Transaction Processing Account Transactions TD account transactions Cash Interest Payout by Cash

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Interest Payout by Bankers Cheque [Fast Path : 1304]

• Select: Transaction Processing Account Transactions TD account transactions Remittances Interest Payout by Bankers Cheque

• Type the TD account number and press Tab. Account holder’s name will be displayed.

• Click on the Pick list for Deposit number.

• Interest Payout amount will be displayed. For making Payment Click on OK. System will prompt “Do You Want to Continue” click on OK.D. TD Interest Payout by BC screen will be displayed with the amount. Fill up the particulars required for issuing Bankers Cheque and Click on OK. Transaction number will be displayed. Click on OK, BC serial number will be displayed

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Interest Payout by Savings [ Fast Path : 1328 ]


• Click on the Picklist for Deposit number and click on the deposit (for which Interest to be paid) in the picklist. Interest Payout amount will be displayed. For making Payment Click on OK. System will prompt “Do You Want to Continue” click on OK.

• TD Interest Payout by SAVINGS screen will be displayed with the amount. Fill up the particulars required for crediting to CASA and Click on OK. Transaction number will be displayed. Click on OK.

Select: Transaction Processing Account Transactions TD account transactions Remittances Interest Payout by Savings

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Interest Payout by Loan [Fast Path : 1329 ]


• Click on the Picklist for Deposit number Interest Payout amount will be displayed. For making Payment Click on OK. System will prompt “Do You Want to Continue” click on OK.

• TD Interest Payout by LOANS screen will be displayed with the amount. Fill up the particulars required for crediting to CASA and Click on OK. Transaction number will be displayed. Click on OK.

Select: Transaction Processing Account Transactions TD account transactions Remittances Interest Payout by Loan

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Interest Payout by GL [ Fast Path : 1331 ]



• TD Interest Payout by GL screen will be displayed with the amount. Fill up the particulars required for crediting to GL and Click on OK. Transaction number will be displayed. Click on OK.

Select: Transaction Processing Account Transactions TD account transactions Remittances Interest Payout by GL

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Interest Payout by GL [ Fast Path : 1331 ]



• TD Interest Payout by GL screen will be displayed with the amount. Fill up the particulars required for crediting to GL and Click on OK. Transaction number will be displayed. Click on OK.

Select: Transaction Processing Account Transactions TD account transactions Remittances Interest Payout by GL

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Interest Payout by Transfer to TD Product [Fast Path : 1337]

Select: Transaction Processing Account Transactions TD account transactions Remittances Interest Payout by Transfer to TD Product

• This Option is for Opening a new Deposit (under a new TD account) under a chosen TD product with the Interest Payout amount.


• Click on the Picklist for Deposit number.• Interest Payout amount will be displayed. For making Payment

Click on OK. System will prompt “Do You Want to Continue” click on OK. Interest Payout by Transfer to TD Product will be displayed with the amount. Fill up the particulars required for crediting to a new product as a new deposit under it and Click on OK. Transaction number will be displayed. Click on OK.

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Online Renewal (Renewal on maturity) – [Fast Path : 1316]

• Select: Transaction Processing Account Transactions TD account

transactions Other Transactions Online Renewal

• Type the Account number

• Select a Deposit number

– Click OK to continue and

– TD Post Maturity Renew screen Opens with amount.

– Interest rate will be Lower of the Two interest rates applicable as on the Value

date and as on the Transaction Date

– If no Interest Variance for the deposit, type ‘0’. Press Tab, Net Interest Rate

will be displayed. Click OK. Transaction number will be displayed.

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Marking of lien on a Deposit [Fast Path : TDM24]

• PathTransaction Processing Account Transactions TD account transactions Other Transactions Lien Master

• Select Add by Clicking on the radio button . Type account Number and press Tab.

• To Choose the Deposit, Type the number or click on the Picklist button (appearing adjacent to Org Deposit Number) and select from the list.

• Transaction date and Maturity Date of the Deposit will appear as Lien Date and Lien Expiry Date, respectively.

• Type the Lien amount and Description and choose appropriate Reason for Lien from the dropdown list.

• Click on OK. Requires Authorisation. Get it authorised locally

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Deleting of lien on a Deposit [Fast Path : TDM24]

• PathTransaction Processing Account Transactions TD account transactions Other Transactions Lien Master

• Select Delete by Clicking on the radio button (At the Bottom of the screen).

• Type account Number and press Tab. • To Choose the Lien to be deleted, click on the Picklist button

(appearing adjacent to Account Number) and select from the list.

• Particulars will be displayed and Click on OK to delete the lien. Get it Authorised (local).

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Block a TD account / Deposit [Fast Path : TD028]

• PathTransaction Processing Account Transactions TD account transactions Other Transactions TD Toggle Status

• Type Account number and press Tab. Customer name, Account status etc. will be displayed.

• For Blocking all the Deposits under the account, tick the ‘Account Blocked’ Box

• Select the reason from the pick list click on OK.• Unblock (To Remove the existing Block)• For Unblocking the Account, remove the tick in the Account Blocked box

and click on OK.

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TD Product parameters – Inquiry [Fast Path :TDM01]

• Global Definitions TD TD Product Definition

• Select the Product code from the picklist. Product Parameters used to set the product will be displayed in various Tab sheets.

• TD Product Rates – Inquiry [Fast Path : TD060]• Global Definitions TD TD Product Rates

• Interest Index rates – Inquiry [Fast Path : BAM13]• Global Definitions Master TD Product Rates

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Account Level Inquiry Modules

• TD Balance Enquiry [Fast Path : 7020]• PathTransaction Processing Account Transactions

TD account transactions Inquiries TD Balance Inquiry

• Account Status Audit Trail Enquiry [Fast Path : BAM24]

• PathTransaction Processing Account Transactions TD account transactions Inquiries Account status Audit Trail enquiry

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Contd..

• TD Account Master enquiry [Fast Path : TD020]• Path: Transaction Processing Account Transactions TD account

transactions Inquiries TD Account Master• TD Deposit Details [Fast Path : TD021]• Path: Transaction Processing Account Transactions TD account

transactions Inquiries TD deposit details • TD Rates History Enquiry [Fast Path : TD023]• Path: Transaction Processing Account Transactions TD account

transactions Inquiries TD Rates History.

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• TD Rates History Enquiry [Fast Path : TD023]• Path: Transaction Processing Account Transactions TD account transactions

Inquiries TD Rates History Enquiry

• TD Audit Trail Enquiry [Fast Path : TD031]• Path: Transaction Processing Account Transactions TD account transactions

Inquiries Audit Trail Inquiry

• TD Account Ledger Enquiry [Fast Path : TD037]• Path: Transaction Processing Account Transactions TD account transactions

Inquiries TD Account Ledger Inquiry• Useful for knowing the Interest and Redemption Payout Particulars.• TD Maturity Amount History [TD040]• Path: Transaction Processing Account Transactions TD account transactions

Inquiries TD Maturity Amount History• TD Deposit Certificate History [Fast Path : TD041]• Path: Transaction Processing Account Transactions TD account transactions

Inquiries TD Deposit Certificate Inquiry• Interest and Principal Payment History [Fast Path : TD042]• Path: Transaction Processing Account Transactions TD account transactions

Inquiries Interest and Principal Payment History

term deposit

Documents

type account number

deposit number

displayed screen

cheque number

deposit details screen

date of cheque

clearing type

open td account initial