Friday, 5 December 2014

How to handle Death closure of TD product.?

How to handle Death closure of TD product.?


During the death closure of a TD account, the User has to choose the previous completed year of TD tenure, as the closure value date in the menu HCAACTD. e.g. TD account was opened on 5-3-2010 for 5 years. The customer dies and the legal heir of customer asks for closure on 25-10-2013. Since TD has run for 3 years, 7 months and 20 days, during closure the user has to choose the completed year of the tenure as on date of death i.e. 3 years only and enter the closure value date as 5-3-2013. Once the user goes into the closure details page of the menu HCAACTD, Collect penal flag has to be chosen as ‘No’ and in closure exceptions tab, closure reason code has to be selected as ‘DTCLM’

Monday, 24 November 2014

Creation of MPKBY/SAS/PRS agents in finacle

Creation of MPKBY/SAS/PRS agents in finacle


Login  as Operator, Invoke HDSAMM menu. Click on Function Add. Enter the mandatory details. Select the appropriate Agent Type (MPB or SAS or PRS) by expanding the TAB. Agent Authority number to be captured in License No. free field.

Click on Product Tab – Select the appropriate scheme code from the searcher. Payment Frequency – D – Daily, Holiday, Next Day (No other options should be selected) Pay Commission should be Yes, select the appropriate subvention rev credit placeholder account number, Next Commission Date – Any date after migration date. 20 products should be linked to SAS Agent type, 1 product to MPB and 2 products to PRS agents). Supervisor to invoke HDSAMM menu to verify the newly created DSA ID.