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INDEX
1
1
2
3
4
5
6
INTRODUCTION
Finacle in Brief
Features
Why Finacle?
Security in Finacle
Maintenance of Password
Structure of Finacle
CUSTOMER MASTER
1 Creation of Customer ID
2 Verification of Customer ID
5
1
2
3
4
TRANSACTION MAINTENANCE
Types of Transactions
Methods of Transactions
Posting of Transactions though TM
Verification of Transactions
1
2
3
4
5
6
INVENTORY MAINTENANCE
Inventory Location Codes
Inventory Movement Authorisation
Inventory Movement Between Locations
Verification of Inventory Movement Between Locations
Inventory Split
Inventory Merge
8
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2
3
4
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2
3
4
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2
3
4
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1 Types of TOD
2 TOD Set-up in Account
3 Verification of TOD Set-up in Account
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3
4
5
CLEARING
Processing of Outward Clearing
Other Important Menu regarding Outward Clearing
Processing of Inward Clearing
Process of Inward Reject Cheque
Process of Outward Reject Cheque
1
2
3
4
5
6
7
8
9
ISSUE OF DD / PAYORDER
Issuing Single DD or PO
Issuing Multiple DD or PO
Verification of Multiple DD or PO Issued
Printing Single DD / PO
Printing Mass DD / PO
Cancellation of DD / PO
Verification of Cancellation of DD / PO
Marking DD / PO as Lost
Revert the Marking DD / PO as Lost
1
2
3
4
BILLS MAINTENANCE
Bills Maintenance OCC: Lodgment of Cheque
Bills Maintenance OCC: Realisation of Cheque
Bills Maintenance OCC: Dishonor of Cheque
Verification of Bills Maintenance OCC
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14
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STANDING INSTRUCTIONS
1 Standing Instruction Set-up
2 Verification of Standing Instruction
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2
3
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5
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19
1
2
3
4
20
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2
3
4
5
6
7
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BANK GUARANTEE
Classification of Bank Guarantees
Various Types of Registers in Finacle
LNM Set-up for Bank Guarantee
Verification LNM Set-up for Bank Guarantee
Issuing Bank Guarantee Set-up
Reversing Bank Guarantee
Invocation Bank Guarantee
Verification of Various Set-up of Bank Guarantee
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ANNEXURE
1 Menu Options in Finacle Version 7
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Introduction
Finacle in brief
A Financial Package, for Banking Solution developed by Infosys on a platform of Oracle, hence it
is called as FINACLE. Presently, many Indian Banks are having this software as banking solution
and it is highly flexible.
Prior to 1995 it was known as BANC 2000, a Total Branch Automation package with a distributed
network. After 1995 Infosys developed the same as FINACLE, a Core Banking Solution.
Features:
Finacle is a Relational Database Management Software (RDBMS) of Oracle9i.
It involves C and C++ programming language.
This software runs on UNIX Operating System (OS) as this is widely used platform across
the CBS environment.
Finacle is accessed through Browser Based Universal Client i.e. Internet Explorer.
SQL & PL SQL uses for generating MIS or Reports or Queries at Centralized Level.
Finacle facilitates anywhere banking
As this is menu driven software, it is very much easy for navigation.
Customization and parameterization are two special features of Finacle.
Finacle provides multi-lingual support
Finacle provides multi-level security i.e. operation, database and application level security
Why Finacle?
-Add Data
-Modify Records
-Delete Records
Verification Mandatory
Inquiry
(Read-only)
Printing
Printing Information
-PSP for Customer A/c
-ACLP printout is
chargeable. Waiver would
mean loss to Bank
-ACLPCA- Account Ledger
Print Customer A/c
- ACLPOA - Account Ledger
Print Office A/c
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Any change in default parameter is exception.
Security in Finacle:
Multiple levels of security
OS Level
No access to OS
OS and application level profile
Direct login to application menu
Database level
Protection from external updating
Application level
Menu level
User level
Product level
Account level
Transaction level
Dual control for all transactions
Maker-Checker Concept
Controlled error handling through exceptions
(1) Warning (2) Exception (3) Error
Maintenance of Password:
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Structure of Finacle in IDBI:
Customer Master (CUMM): HCUMM under ONS
Detail portfolio of every New Customer
Details like name, address, date of birth, introducer, TDS, financial details, identity
proof etc.
Details for MIS purposes
Customer ID is generated by system and it is a 9 Digit number.
Customer ID is universal and not Branch specific. It is generated across the bank
in a senrial order with zero padding in the beginning.
Customer ID is basic need for opening of every type of account
Account Master (OAAC): What does it contain?
After creation of CID account opening procedure can be initiated.
The Scheme Code needs to be provided
Details of mode of operation and other general details, scheme details, nomination
details, joint account details etc.
System generates the account number which is a 15-digit number.
Suppose an account number reads 183104000002382, the structure could be
classified as under:
183|10400|000238|2
3 Digits: 183 is SOL (Service Out Let) ID
5 Digits: 10400 is GL Sub-head
6 Digits: Serial Number
1 Digit: Check Digit
Account Ledger (ACLI): ACLI is a menu option which has the following advantage:
System created and holds dynamic data
It contains history of all transactions of every account
All the details of transactions like debit, credit and balance
Transaction: How do we make transaction in Finacle?
Transactions entered by users and posted in the leger
There are certain transactions which are system generated.
General Ledger:
The General Ledger has a three Tier structure viz - GL --GL Sub Head -- Account
Consolidation of transaction information at Branch level / GL Sub Head - currency
wise
No Hard coding and no conditions for defining GL or GL Sub Head
GL information at any level I.e. branch level or cluster (Set) level
Used for Non customer accounts
GL report can be generated for any day
All office accounts are same across all the branches except for variation in SOL Id
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Office Accounts Numbering System:
These are the 16 digits:
First 4digits represent the SOLID
The next 5 digits represent the GL Sub head code
The next 4 digits represent the basic number of the office account
The last 3 digits represent the segment code.
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Finacle Terms & Keys
After logging in to the Finacle Core following screen Appears
Menu Option
Block
Menu Block
Favorites
(User Defined)
Message Bar
Progress
Indicator
Action Bar
1) Menu Block: In this block user will find various menus of Finacle Core like
customer menu, accounts menu etc.
2) Menu Option Block: User has to type the required menu and execute the same
from this block.
3) Action Bar: User can execute the process of Finacle Operations by clicking on
various options on this bar. The Hot-Keys are also assigned for all options, which
appear on the bar.
4) Message Bar: At the time of processing of operations some messages of
warnings, exceptions or errors appear on this bar.
5) Favorites: You can put (paste) your regularly required menu under favorites by
copying from Menu Block.
6) Progress Indicator: It shows the progress of the action initiated.
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Important Function Keys
Physical Key
F1
F2
F3
F4
F5
F6
F8
F9
F10
F11
F12
TAB
ENTER
CTRL+
CTRL+
CTRL+
CTRL+
CTRL+F1
CTRL+F3
CTRL+F4
CTRL+F8
CTRL+F9
CTRL+F11
CTRL+D
CTRL+E
CTRL+F
CTRL+J
CTRL+K
CTRL+T
CTRL+U
CTRL+X
SHIFT+F1
SHIFT+F4
SHIFT+F11
SHIFT+TAB
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Commonly Used Menu Option:
Menu Option
Description
CUSTOMER MASTER RELATED
CUMM
CUMI
CUS
CUIR
CUMP
CUSTBALP
OAAC
OAACAU
ACM
ACLI
ACCBAL
ACS
INTTM
ACINT
AITINQ
TDSCALC
ACMP
PSP
TM
TI
FTI
TEI
IMAUM
IMC
IMI
ISI
ISIA
ICHB
ICHBAU
CHBM
SPP
SPPAU
INQACHQ
AFSM
ALM
ACTODM
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Menu Option
ACTODMAU
ACTODI
Description
For verification of TOD Set-up
Inquiry on TOD in accounts
DEMAND DRAFT / PAYORDER
DDPRNT
DDLOST
DDREVERT
DDMI
DDSM
DDII
DDIC
DDIP
DDID
DDPALL
DDC
Printing DD/ PO
Marking lost DD/ PO
Unmarking Lost DD/PO
Mass issue of DD/PO
Status of the DD/ PO
Inquiry on specific DD issued
Inquiry on credits to DD account
Inquiry on specific DD paid
Inquiry on debits to DD account
Mass DD Printing
DD Cancellation
CLEARING
MCLZOH
OCTM
ICTM
OIQ
OPQ
MARKPEND
REVPEND
MICZ
BM
BI
BRBPR
BRCR
BCSI
BCSO
SIM
SIE
CFLM
SIETR
SIRP
SIADVC
LNM
LTL
LNDI
LADGEN
ACLHM
LAGI
LALIEN
LAMOD
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Menu Option
LAMP
LAOPI
LADSP
LARSH
MAPD
MEAC
PAYOFF
SRM
AINTRPT
GMM
GI
BGPRINT
Description
Loan Account Master Print
Loans Overdue Position Inquiry
Loan Demand Satisfaction Process
Loan Repayment Schedule Report
Marking Accounts as Past Due
Modify Effective Asset Classification
Loan Pay Off Process
Security Register Maintenance
Interest Report for Accounts
BANK GUARANTEES
Issuance of Bank Guarantee
Guarantee Inquiry
Bank Guarantee Printing
ACCOUNT CLOSURE
CAAC
CAACAU
CACC
Closure of accounts
Verification of closed accounts
Account Closure Charges
TDS RELATED
TDSIP
TDSREP
RMTDS
PWMNT
Changing Password
PASSWORD RELATED
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CUSTOMER MASTER
CUMM
Fill in all details of above first screen and Press F6. Ensure in CBOP the short name
should contain the first 10 letters of the customers name. Ex: For Gurvinder Singh
Karbhanda, the short name shall read GURVINDERS.
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Input details of Community, Caste, Health Code, Tax Slab and PAN details etc. and Press
F6
Input the financial details, customer net worth if applicable and Press F6
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Enter Free Text. This relates to particulars which the user wishes to input
The General details of Customer Master are now completed at this stage. Press F6 and
Press F4 for accepting the General Details
Type E in the OPTION block for entering Currency Details and press F4. Following
screen will appear:
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Press F4 twice
In case the customer is neither Minor nor NRE nor Trade Finance Customer Press F10
for final commit, else proceed to enter the details as under:
If customer is a minor ENTER OPTION-- M and Press F4. Following screen will
appear:
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CUMM
Other Functions:
Purpose
For Modification in CID
For Cancel Created CID
(Only possible before verification)
For Copying details of an existing
Cust. ID
For Suspension of CID
For Revoking Suspension
Menu Option
CUMM
CUMM
Function
M
X
CUMM
CUMM
CUMM
D
U
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Account Opening: SB, CA
For any Type of Customer Account Opening
Menu Option
OAAC
This illustration is for opening of Saving Bank Account
Go to Menu option and enter option OAAC
The above 1st Screen of General Details will appear then enter the details like mode of
operation, location code etc.
Press F6 for next screen
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The above 2nd Screen of General Details will appear then enter the details like statement,
frequency, interest credit a/c flag etc. Press F6 for next screen
The above 3rd Screen of General Details will appear. Now enter the details and Press F6.
Then 1st Screen will appear again. Press F4 for accepting the General Details
Enter S in the Enter Option field and Press F4 to go in the Scheme Details Then
following screen will appear
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Input the details required in the fields and Press F4 for accepting Scheme Details.
Press F10 for final commits.
After pressing F10 the 15 Digits account number will be generated by the system
If the customer has nominated any body, at the time of account opening, keep the
Nomination Flag Y under Scheme Details and fill in the nomination details through
option N.
In case of a Joint Account add the Joint Account Holders through option A i.e.
Additional Party Details. The Customer IDs are necessary for all the Joint Account
Holders.
Now we will see Nomination Details as well as Additional Party Details in next
illustrations.
If you have entered Y in the field Availing Nomination facility then go to option N.
The following screen will appear:
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Input details and Press F4 for accepting Nomination Details.
If there are Joint Account Holders - Go to option A and Press F4
In the option A the details of the main a/c holder will appear, for adding joint a/c holders Press DOWN ARROW KEY.
Press DOWN ARROW keys to add more joint a/c holders and continue as explained
above.
Then Press F4 for accepting Additional Party Details
Other than General and Scheme Details for every additional detail you have to accept
those details with F4 and then Press F10 for final commit.
Note down the system generated account number for further verification
For Verification of Account Opening
Menu Option
OAACAU
Function: V (Verify)
Input Generated A/c No. in Temporary A/c No. Field and Press F4
If the nomination has been given then - enter option N and press F4.
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Verify the details and Press F4.
If account is Joint - Enter option A and Press F4.
Verify the details and press F4.
IMP:
CUSTOMER MASTER
Function
Screens to be filled
Minor
NRI
Trade Finance
Customer
ACCOUNT MASTER
Function
Screens to be filled
Nomination
Joint Account
Add
CUMM
A
G, E
M
N
T
Verify
CUMM
V
Inquiry
CUMM
I
Modify
CUMM
M
Verify
CUMM
V
OAAC
O
G, S
N
A
OAACAU
V
ACM
I
ACM
M
ACM
V
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Transaction Maintenance
In day-to-day banking operation various customers are making transactions in their accounts.
These transactions are either debit transactions or credit transactions. Customer makes these
transactions by the way of depositing cash, withdrawing the cash or issue the transfer from
one account to another account of himself or another customer. Finacle is having the layer for
different types of transactions.
In Finacle there are Financial and Non-financial Transactions
Financial transaction means the transactions made by the way of cash, transfer or
clearing.
A Non-financial transaction means every operation or process other than financial
transaction.
There are three types of transactions in banking operations.
Transaction
Cash
Transfer
Clearing
Type
C
C
C
T
T
L
L
Sub-type
NR
NP
CT
CI
BI
O
I
Description
Normal Receipt
Normal Payment
Cash Transfer
Customer Induced
Bank Induced
Outward Clearing
Inward Clearing
(3) Verified
(4) Deleted
Methods:
Method I
Maker
Enter
Checker
Post
Status of Transaction
Verified
Method II
Enter & Post
Verify
Verified
*The two persons must be involved in every transaction i.e. Maker & Checker
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For Adding Transaction
Menu Option
TM
At this stage, just omit the transaction and a Tran id is generated which starts with M.
Example of a Tran id is = M32
Enter P in the specify option field
Press F4 to post credit part of the transaction.
Press DOWN ARROW key to go to the next part of the transaction.
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Press F10 for commit.
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Flow of Transaction Process in Brief:
Cash Transaction (Receipt)
TM
Function: A--- F4
Type/Subtype: C / NR --- F4
Enter A/c No.: ---- F4
Enter Amount: ---[In case of cash receipt transaction
system takes C Credit Flag in 1st PartTran by default]
Enter Description: ----- F4
Specify Option: P ---- Down Arrow
In 2nd Part-Tran
Again in Specify Option: P
F10
Transfer Transaction
TM
After Pressing F4
Function: A--- F4
2nd Part-Tran will be generatedThen:
Type/Subtype: T / CI or BI --- F4
Enter A/c No.: ---- F4
Enter A/c No.: ---- F4
Enter Amount: ---Enter Amount: ---Enter Description: ----Enter Description: ----Enter Type of Transaction: D or C
Enter Type of Transaction: D or C
[Debit or Credit]
[Debit or Credit]
[If Debit Enter Instrument Type/ Number /
[If Debit Enter Instrument Type/ Number / Date etc.]
Date etc.]
Press F4
Press F4
Specify Option: P---F4 Up Arrow
Specify Option: E ---- F4
1st Part-Tran Specify Option: P --- F4
F10
In case of Transfer transaction we have to create new Part-Tran as per above flow.
You can post multiple Dr/ Cr transaction in single segment through TM.
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Inventory Maintenance
The concept of Inventory in Finacle mean handing of Security Items like Cheque Books, Demand
Drafts, Pay orders, Travelers Cheques etc. The Inventory Module is especially used for storage,
transfer of Security Items and release of security items to Front Office personnel for normal
Banking. There are various types of inventory locations as per below:
Location Code
ZZ EXT
Description
External to the System
DL - DL
Double Lock
EM- User ID
Employee Code
In Brief
Inventory receive by the branch from
Head / Administrative Office i.e. from
external location
It keeps in double custody of two
supervisors of branch
Supervisors allot or distribute the
inventories to the front desk tellers
for issuing to the account holders
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The menu option for transfer of Inventory from one location to another (from External to
branchs Double Lock and from Double Lock to Employees) is done through Option IMC.
The screen is as under:
Function A for transfer of Inventory from ZZ (External) to DL (Double Lock)
Verification is required for above step (the screen shot and process on next page)
F2 help available for first two columns leave 3rd column blank and enter the Serial
No. From *** to ----keep blank then put total quantity & press down arrow end Sr.
No. automatically generated by system & Press F10 to commit.
The Inventory Transaction number will be generated. Note down the number for
further verification.
For Verification of Inventory Movement Between Locations
Menu Option
IMC
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After populating above screen two Auth. Users are to be entered their password in given
block in case of ZZ-EXT to DL-DL movement. And in case of DL-DL to EM-USER ID, two
supervisors as well as the Employee to whom the inventory is allotted has to enter the
password
For Inventory Split
Menu Option
ISI
Function: S (Split) Press F4 then Select Employee Code from Location Class / Code
Select Inventory Class / Type & Press F4.
Various ranges of inventory are appeared on screen. Choose appropriate range, which
you want to split by Shift + F4. Then following screen will appear
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Enter Start serial no. of the inventory in Start Serial No. Field
Enter Items Per Units required in one book in Items Per Unit Field.
Enter No. of Units in which total inventory is to be divided, in No. of Units Field.
Press F10 to commit and you will get the message Records Split Successful.
For Inventory Merge
Menu Option
ISI
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Scroll down to the appropriate cheque book by using Down Arrow Key
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Select the cheque book by using SHIFT + F4 then Press F10 for commit
For Verification - Issued Cheque Books to AccountHolders
Menu Option
ICHBAU
Go to the menu option ICHBAU. The following screen will appear.
The details of the cheque books issued to this account will be shown.
Verify the details. Press F4 twice and then Press F10.
The cheque book issue stands verified.
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For Inquiry of Cheque Books in Account
Menu Option
CHBM
Go to the menu option CHBM. The following screen will appear.
Function: I (Inquire) & Press F4. Then Enter Account No. Press F4
For Viewing further status of each cheque of particular series Press Ctrl+ E
Note:
It is necessary that the inventory should be available either at the issuers location or at the
verifiers location, without which system will not permit cheque book issue.
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Stop Payment of Cheque
SPP
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The screen shows default charges. You may change the charges if required.
For accepting charges Press F4
Press F10 for commit
Stop payment is registered.
For Verification of Stop Payment of Cheque
Menu Option
SPPAU
Go to the menu option SPPAU. The following screen will appear.
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Verify the charges and Press F4 for accepting charges and Press F10 for commit.
After verifying SDC will be generated by system. This SDC is for Stop Payment
Charges.
Inquire the same through TM menu, whether it is posted or not. If not, post it through
TM.
The Stop Payment instruction stands verified.
For Revoking Stop Payment of Cheque
Menu Option
SPP
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Account Lien Maintenance
In order to earmark funds for any reason the same needs to be blocked and not made available
for the account holder. To achieve this objective a lien for the purpose needs to be done. The
process of marking lien for an account can be done through menu option ALM.
Now we will see how to mark lien on account in Finacle:
ALM
Go to the menu option ALM and enter. Following screen will appear:
ALM
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Details of lien will appear. Verify it and Press F10 for commit.
Account Lien Set-up stands verified.
Now, we will see the procedure of removing the lien of account in Finacle:
For Removal of Account Lien
Menu Option
ALM
Go to the menu option ALM and enter. Following screen will appear:
Function: M (Modify) & Press F4
Then Enter Account No. and Press F4
Then modify Lien Amount as ZERO
Input remark, if any in Lien Remark field and Press F10 for commit
Removal of Lien is over now.
For Verification of Removal of Account Lien
Menu Option
ALM
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Account Freeze Maintenance
Bank need to freeze the account for various purposes as per the freezing orders by different
types of authorities. Bank itself also freeze the account of customer, if he/she would be a
defaulter. In the Lien marking, we have to put the same on amount, as it is amount specific.
Hence, in case of Freeze Set-up it is event specific mean we will restrict transactions i.e. debit
only, credit only or total freezing.
Now we will see the procedure of freezing the account:
For Account Freeze Set-up
Menu Option
AFSM
Go to the menu option AFSM and enter. Then following screen will appear:
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For Verification of Account Freeze Set-up
Menu Option
AFSM
AFSM
Go to the menu option AFSM and enter. Then following screen will appear:
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All details of freeze will appear. Now Press F10 for commits
Now Unfreezing of Account stands verified.
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TOD Maintenance
TOD means Temporary Overdraft, which is a credit decision and naturally, is normally
conscious. In contingencies Customer request to branch head for overdrawing his account for
temporary period.
As the events for TOD in the diagram shows, there can be 5 occasions for granting system
generated TOD. However only the following two system generated TODs and one User
Generated TOD are enabled in Finacle. Those are as follows:
Type
IC
DL
UG
Event
Interest Calculation
Drop In Limit
User Generated
Mode
Single
Single
Single / Running / Ad-hoc
Examples of Mode
Mode
Single (S)
How Operates
Applicable for specific Purpose and of use once only
Running
Allows the client to operate within the TOD Limit for the defined
period.
Allows those client, who is having their existing credit limit like
OD Limit or CC Limit etc. to operate within the TOD for the
defined period i.e. it is temporary extension of limit.
Ad-hoc
If both Running and Ad-hoc serves the same purpose, why both are necessary?
The system counts the number of TODs in an account. In case the cumulative number is
higher than predefined number (which is 1 per day at present), the system displays
exception. All TODs under Single and Running type are eligible for counting. However,
Ad-hoc is not included for this purpose.
ACTODM
Go to the menu option ACTODM and enter. The following screen will appear:
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Enter the Remark, if any, in the field of Remark
Then Press F4 for accepting the details
Again we will find you on 1st screen and curser is blinking in option A then Press F10
for commit.
Verify the details of TOD from above screen and Press F10 for commit.
Then following screen will appear:
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Clearing
There are two types of clearing in the Bank.
1. Outward Clearing
2. Inward Clearing
First we will see the procedure of Outward Clearing
OUTWARD CLEARING
In the branch, regularly customers are lodging the cheques for collection, which are
sending through the outward clearing. Initially, we need to open Outward Clearing zone for
lodgment of cheues. Following are some zones in outward clearing.
Clearing Zone Code
HV
IB
MICR
DW
NMICR
Description
High Value
Inter-Bank
MICR
Dividend Warrant
Non MICR Clearing
Function
O
Open Zone
A
Lodge Cheques
Description
OCTM
MCLZOH
Suspend Zone
Revoke Suspended Zone (if re-open of zone is
required
V
MCLZOH
R
MCLZOH
Release to Shadow Balance
*At this stage Outward Return Clearing process is to be done through Inward
Clearing Zone.
MARKPEND
REVPEND
MCLZOH
Regularise Zone
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Now we will see Outward Clearing process step-by-step in following manner:
STEP 1:
Menu Option
The above screen of Maintenance of Clearing Zone will always displays at the time of
execution of MCLZOH option.
After appearing of above screen Function: O (Open Zone) & Press F4
In Zone field: 1st Field enter Date & 2nd Field Zone ID, in which you are going to lodge
the clearing. Press F4 and Press F10 for commit.
Clearing Zone gets opened at this stage.
Now you have to lodge or enter the cheques in this Zone for that you have to go
through following step:
STEP 2:
Menu Option
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Function: A (Add), enter Date & Zone Code then Press F4. Then screen will appear as
follows.
Set number will auto-generated
Then enter Account No. Press F11
Enter Amount and Press F6 for next block of Instrument Details
Then enter Instrument No., Sort Code, Transaction Code, Amount and Press F10 for
commit.
Note Set No. Reverse side of Cheque as well as on Pay-in-slip.
Again start the lodgment of 2nd set from enter Account No. Press F11
After completion of entire lodgment send the instruments for verification.
Note: (1) If there are multiple pay-in-slips and single instrument, so after entering amount in 1st
Screen put down arrow for entering details of next pay-in-slip and so on.
Then after entering last details press F6 for going to next block for entering instrument details.
(2) If there are single pay-in-slip and multiple instruments, so after entering account no. and
amount in 1st Screen press F6 for going in next block
Then in next block enter instrument details upto amount and press down arrow for entering further
details of another instruments.
STEP 3:
Menu Option
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STEP 4:
Menu Option
Go to the menu option IOCLS and enter then the following screen will appear:
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Then enter Zone Date / Code in appropriate field
Enter Start Set No. & End Set No and Press F4. The following screen will appear:
Confirm that the status of all sets should be verified then go for suspending the Zone.
Note: In 1st Screen, if you enter Verified Status as N (NO) so in 2nd Screen only unverified
instruments would appear.
Now we will move on next step i.e. Suspend the Zone.
STEP 5:
Menu Option
Go to the menu option MCLZOH and enter. Then the following screen will appear:
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Now hereinafter the above screen will appear at every stage of MCLZOH menu option.
Function: S (Suspend Zone) then enter Zone Date and Zone Code and Press F4.
Details will appear then Press F6 two times and confirm that total number of instruments.
It should be tallied with physical instruments. Then Press F10 for commit.
The Zone Status is changed as Suspended.
After suspending the Zone you cannot add any instruments in this Zone. If you want so
please go through following step.
STEP 6:
Menu Option
Function: V (Revoke the Suspended Zone) then enter Zone Date and Zone Code and
Press F4.
Details will appear then Press F10 for commit.
The Zone Status is changed as Open Zone. Now you are able to enter the cheques in
the opened zone through OCTM.
STEP 7:
Menu Option
Function: R (Release to Shadow Balance) then enter Zone Date and Zone Code and
Press F4.
Details will appear then Press F10 for commit.
The Zone Status is changed as Release to Shadow balance.
*Note: Financial Transactions happens at this stage.
STEP 8:
Menu Option
Go to the menu option MARKPEND and enter. Then the following screen will appear:
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This option is very important and useful when information of lodged cheques being late
returned / bounced in clearing are received. The system withholds transfer from unclear
balance to clear balance of those cheques, which are selected under MARPEND. Such
withholding can be done on the basis of various criteria like Zone code or Instrument no. or
Bank Code or Amount etc. The system throws up all relevant entries based on the input
criteria. The user has to choose the relevant entry and MARKPEND the item by Pressing
Shift + F4 (after which a small * appears on the selected item) and then Press F10 to
commit the selection.
STEP 9:
Menu Option
Function: G (Regularise the Shadow Balance) then enter Zone Date and Zone Code and
Press F4.
Details will appear then Press F10 for commit.
*The Zone Status is changed as Partially Regularised in case of MARKPEND
*Note: If there are any O/W Returned Cheques, which marked through MARKPEND option
and then you have execute above option of regularisation so Zone Status will be changed as
Partially Regularised. Where MARKPEND cases have to be reversed do it through menu
option REVPEND and again regularise the zone. The status of the zone will be Closed.
Revoke the MARKPEND
Menu Option
REVPEND
Function: ------------
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IMP:
The Partial Regulerised Zone will be changed as Closed only after posting of O/W
Returned cheques through I/W Clearing.
Once you execute the MCLZOH- G for regularisation the Zone will be automatically
closed, if no one cheques are returned in O/W Clearing Zone.
Function: T
It may so happen that due to a sudden strike or non-participation by Banks, the clearing
operations would have been suspended at the clearing house. But till then branches may
have lodged cheques in a zone. It would be impractical to delete the cheques and re-lodge
them all over again. Hence by using the above option, all instruments which are lodged for
that days clearing under a particular zone can be moved to the next days clearing zone.
Initially, you have to open new zone before execution of above menu option
Then Function: T & Press F4
Then system asked you that: - From which Zone you have to transfer the sets and To
which Zone you need to lodge the cheques.
Fill appropriate information and Press F10 for commit.
Inquiry of Zone
Menu Option
MCLZOH
Function: I
This option gives details on the status of a zone, what amount is under shadow balance etc,
whether regularized or not.
There are some option for inquiry as well as Printing Reports. Now, we will see the same:
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This option gives the following details
Function: -------
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Function: -------
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Print Clearing Waste
Menu Option
PWO
Function: -------
INWARD CLEARING
The branch customers are regularly issuingcheques as payments to third parties.
Those collecting banks also lodged these chques through their outward clearing to
Clearing House. On daily basis Clearing House distributes these collected cheques to
all Bank-Branches. Every Bank-branch receives the cheques of their customer for
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payment from RBI through Inward Clearing. There are also some Zones in Inward
Clearing.
Apart from that every Bank-branch gets Outward Return cheques with this
Inward Clearing. These cheques are also debited to customers accounts through
Inward Clearing Zone i.e. Outward Reject Zone.
Clearing Zone Code
MICR
NMICR
MIRTN
NMIRTN
Description
MICR I/W Clearing
Non MICR I/W Clearing
MICR Outward Reject
Non-MICR Outward Reject
Description
ICTM
MICZ
Suspend Zone
MICZ
MICZ
Validation Run
MICZ
Post Run
MICZ
Close Zone
MICZ
Validation Report
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The above screen of Maintenance of Inward Clearing Zone will always displays at the
time of execution of MICZ option.
After appearing of above screen Function: O (Open Zone) & Press F4
In Zone field: 1st Field enter Zone ID & 2nd Field Date, in which you are going to lodge
the clearing. Press F4.
Then enter Total Instruments Received in the Field Tot Inst BAR and Total Amount of
Instruments Received in the Field Tot Amt BAR
Now Press F10 for commit
Clearing Zone gets opened at this stage.
Note: The cursor shifts to the option box where you have the choices as under:
G - General details. (The default screen)
S - Statistics (gives break up of postings into various a/cs, useful after Posting
Run)
T Transaction Details
Now you have to lodge or enter the cheques in this Zone for that you have to go
through following step:
STEP 2:
Menu Option
Add Instruments
ICTM
Function: A
Go to the menu option ICTM and enter then following screen will appear:
Function: A then In Zone field: 1st Field enter Zone ID & 2nd Field Date, in which you
are going to lodge the clearing. Press F4. Then following screen will appear:
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and
Press F6. Then the system will prompt you to enter certain details which
have been explained later under Inward Rejects
You will also notice that the following fields values are default populated:
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Note:
(1) After all cheques have been entered or if you want to quit the data entry and perform
other tasks you can either press F3 or F10.
(2) If there are any further cheques to be entered after you have quit, then use the ICTM
(A) option and continue with the data entry of the additional cheques.
(3) If you wish to modify any particulars of previously entered cheques use the ICTM (M)
option.
(4) In case of Demand Drafts and Pay orders additional details screen will have to be
visited wherein details like Issuing Bank/ Branch etc. will have to be input.
Tips:
In case the account no. is repetitive (same) over a number of postings and the chq amount
may or may not be the same then instead of pressing F4 after entering the payees name
you should press F8. You will notice that the previous entry gets updated in the system
and the same line gets repeated again. You may now change only the instrument no. or
the payees name as applicable.
STEP 3:
Menu Option
Go to the menu option ICTM and enter then following screen will appear:
Function: V (Verify) then In Zone field: 1st Field enter Zone ID & 2nd Field Date and
Press F4.
The details of entered cheque are appear serially and system would have selected all
records for verification by default (* mark in the beginning).
In case you would not want to verify a particular record take the cursor to that record
by pressing <Down Arrow> and then deselect it by pressing Shift + F4.
All * marked records will be verified on pressing F10.
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Tips:
The ICTM option I (inquiry) and V (verify) are very powerful search tools. While verifying /
inquiring you can narrow down the selected records based on the criteria entered in the
above screen. For e.g. you would like to view all cheques debited / carved in inward
clearing for a particular account only, then use the Account no. Criteria. If you would like to
view / verify records with exceptions only use the Select All X
(option), without
Suspend Zone
MICZ
Function: S
After all records are entered and verified, the user has to suspend the zone by using the
above option. This step is mandatory and is done to prevent any unauthorized
modification/additions into the zone and to enable further process to take place as explained
below.
Go to the menu option MICZ and enter
Function: S (Suspend Zone) then In Zone field: 1st Field enter Zone ID & 2nd Field Date
and Press F4 twice.
In option type S for Statistics and see whether accounting has made properly or not. If
yes, Press F3 for come on 1st General Screen and Press F10 for commit.
Clearing Zone gets Suspended at this stage.
STEP 5:
Menu Option
If you need to re-open the suspended zone for entering the cheques or any
modification you have to execute the above menu option. For that purpose take the
following steps.
Go to the menu option MICZ and enter
Function: R (Revoke Suspended Zone) then In Zone field: 1st Field enter Zone ID & 2nd
Field Date and Press F4.
Then Press F10 for commit.
Clearing Zone gets Open at this stage. Now you can make necessary changes
through ICTM menu. Verification is also necessary and for further process you have to
take Step-3 again i.e. Suspend Zone.
STEP 6:
Menu Option
Validation Run
MICZ
Function: V
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This process is to be exercised by the user before initiating the process of posting the
cheques into the account. This process generates a report, which indicates all the possible
errors/ exceptions, which the system is going to meet when trying to create transactions
and post the same into the various accounts .The user has to carefully go through the
report and take appropriate actions to overcome the errors/exceptions without which the
transactions cannot be posted. Such exception transactions will be in entered status only
and the user has to initiate the transaction maintenance screen and post it separately.
The validation run can be run any number of times. The report file is available in the
background menu option (F5).
Go to the menu option MICZ enter and
Function: V (Validation Run) then In Zone field: 1st Field enter Zone ID & 2nd Field Date
and Press F4. Then following screen will appear:
Press F4 then Printing screen will appeared in the field Background/ Foreground put F
then Print Y and Press F10. The report validation will be generated.
Press F5 for Background Menu and Select Print Queue Inquiry or (Menu Option PR).
Press F10. Now you can view / print the report.
STEP 7:
Menu Option
Post Run
MICZ
Function: P
When all the above processes are over, the user can initiate posting of the zone. Please
note this process creates transactions into the account i.e. it debits the customer accounts
and credits system interim inward clearing account (dummy suspense a/c). Posting of
transactions depends on the availability of funds, exceptions encountered etc. This
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process also generates a report of the transactions posted, failed etc. The file will be
available in the background menu (F5). Post run also can be initiated any number of
times.
Close Zone
MICZ
Function: Z
This is the last step in the inward clearing process. The user has to close the zone to
ensure that no further operation is initiated on that zone. By exercising this option the
system reverses the amount lying in the Interim System Inward Clearing a/c by debiting
the System Interim Inward Clearing account and crediting the branch Inward Clearing
Account.
Go to the menu option MICZ and enter
Function: Z (Close Zone) then In Zone field: 1st Field enter Zone ID & 2nd Field Date
and Press F4.
Then Press F10 for commit.
Status of Clearing Zone changed as Close Zone at this stage.
Inward Clearing Process end at this stage.
Note:
Short Claim: (Cheques received unlisted).
In the event of cheques being received in excess of the RBI control figure (i.e. total
debits to the client is more than the bar amount under Finacle) then:
Modify the Tot Inst BAR and Tot Amt Bar in MICZ M option to include the totals
of unlisted cheques.
In the ICTM option A screen debit the cheques and after inputting the payees
name press F11 and then F6 and go to the next screen
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The system will automatically debit the client and park the amount in your Clearing
Payable account.
Excess Claim: (Cheques received less than RBI listing)
In the event of cheques being received less than the RBI control figure (Bar amount is
greater than the total debits to clients) then on closure of the zone the system will
automatically debit your clearing receivable with the shortfall.
INWARD REJECT: (Return of cheques issued by your customer)
Cheques which are received in Inward Clearing and are to be returned due to
reasons like post dated, signature differs etc. are termed as Inward Rejects.
In the ICTM option A when you are inputting details of the cheque (as explained
earlier) modify the field Carve = N and the field Reject = I (i.e. Inward Reject)
press F4.
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Then input the reason code (press F2 for the various return codes) press F4.
The next screen flashes showing the charges recovered for the return press
F4 and press F6
Then input the presenting Bank / Branch details press F4 and F10 to
commit.
The creation of Zone and process is same as per Inward Clearing Process.
Before Staring the process you have to unmark the unregularised cheques if any,
which we have marked as pending through MARKPEND option.
Open the concerned return zone by using the option MICZ [O].
Input only the cheque no. and Reject field as O (i.e. outward reject) press F6.
The system will automatically pick up the relevant cheque based on the information
input and flash all the details as regards the drawee Bank / branch /client a/c no.
etc. press F6
Input the return reason code (of the other Bank) press F6 to return to the main
screen and press F10 to commit.
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Run all the processes applicable under the Inward Clearing module.
The system automatically debits the client and credits the branch Outward Reject
account and also deducts the necessary charges.
Menu: PICW
Chq
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Issue of DD / Payorder
The banks provides ancillary services like remittances, safe deposit locker, credit card services
etc. The remittances services are most important ancillary services in Banking Industries. There
are different types of remittances like Demand Draft, Payorders, Telegraphic Transfer, Mail
Transfer, and Travelers Cheques etc.
Now we will see the entire procedure regarding issuing Demand Draft / Payorder in Finacle.
For Issuing Single DD or PO
Menu Option
TM
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In specify option put M-Modify & Press F4 then insert Instrument Type, number and
date. Press F4 again. Then put P-Posting Requested in specify option & Press F4 in
every part-tran. Finally, Press F10 for commit.
Now, DD Set-up is over. Send the transaction for verification.
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For Issuing Multiple DD or PO
Menu Option
DDMI
Go to the menu option DDMI and enter then following screen will appear:
The same screen as above will appear then do the process as under:
Function: P (Post) enter Transaction ID and Press F4
Verify the details of all DDs one-by-one by pressing Down Arrow continuously.
After verifying all details Press F10 for commit.
For Printing Single DD / PO
Menu Option
DDPRNT
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Go to the menu option DDPRNT and enter then following screen will appear:
The same screen as above will appear then do the process as under:
DDPALL
DDC
Go to the menu option DDC and enter. The following screen will appear:
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Then do the procedure as under:
DDLOST
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Enter DD No. and Date of Issue of that DD, which you had marked as LOST.
Then Press F4.
All details appeared as above then Press F10 for commit.
The DD Tran Status will be changed as Issued.
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Bills Maintenance
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Realisation of Cheque:
Go to Menu option and enter option BM. The following screen will appear:
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See the transactions and Press F3 for quitting from inquiry
Then following screen will appear:
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Account Opening Term Deposit
For Every Type of Account Opening
Menu Option
OAAC
Go to Menu option and enter option OAAC. The following screen will appear:
Function: O (Open) and Press F4. Then following screen will appear:
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The above 1st Screen of General Details will appear then enter the details like mode of
operation, location code etc. Then Press F6 for next screen.
The above 2nd Screen of General Details will appear then enter the details like Interest
Credit Account No. The Deposit Receipt field is by default in case of Term Deposit. Press
F6 for next screen.
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The above 3rd Screen of General Details enter the TDS Operative Account if applicable.
Press F6 again. Then you will come on 1st Screen of General Details.
Now Press F4 for accepting General Details.
In Enter Option input S for filling Scheme Details and Press F4. Then following Screen
will appear:
Enter Deposit Amount. Then enter Period of Deposit- 1st Field for Months and 2nd for Days.
Fill appropriately.
In Value Date the current date is displayed by default, but in case of back-dated effect you
may input effective date.
Enter Repayment Account no. If given by customer.
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If customer have appointed nominee at the time of account opening, so you have to make
the Nomination Flag Y in the Scheme Details and fill the details of nomination from the
option N.
Press F6 for next screen. Then following screen will appear:
Enter Auto Closure N (No) or Y (Yes), as applicable and another concerned field like
Auto Renewal / Max. Auto Renewal etc. Press F4 for accepting Scheme Details.
In Enter Option input F for filling Flow Details and Press F4. Then following Screen will
appear:
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In the option A Additional Party Details the details of the main a/c holder will appear, for
adding joint a/c holders - Press DOWN ARROW KEY.
Press DOWN ARROW keys to add more joint a/c holders and continue as explained
above.
Then Press F4 for accepting Additional Party Details
Note down the system generated account number for further verification
If you have chosen any Flexi Fixed Deposit (FFD) Scheme, so you have to fill one more
screen i.e. FFD Link Details - Go to option B and Press F4.
Enter Operative Account No. In which Auto-Sweep of Fund need to be transferred.
Sweep-Out In Steps of: Enter the required amount.
Press F4 for accepting FFD Details
Other than General and Scheme Details for every additional detail you have to accept
those details with F4 and then Press F10 for final commit.
For Verification of Account Opening of Term Deposit
Menu Option
OAACAU
Function: V (Verify)
Input Generated A/c No. in Temporary A/c No. Field and Press F4
For visiting all screens of General Details Press F11 continuously
After coming on 1st Screen Press F4 for accepting General Details
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Enter option S and press F4 for verifying Scheme Details
Verify details and Press F4.
Enter option F and press F4 twice for verifying Flow Details
If the nomination has been given then - enter option N and press F4.
Verify the details and Press F4.
If account is Joint - Enter option A and Press F4.
Verify the details and press F4.
If account is FFD Type - Enter option B and Press F4.
Verify the details and press F4.
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Standing Instructions
Banks render services to their customers by complying with given standing instructions. Customer
gives these instructions to their banker, which relates to certain financial dealings like transfer of
funds. These instructions are meant either for a specific period mentioned by the customer or until
further instructions from the customer in the matter.
Now we will see the procedure to maintain the Standing Instructions in Finacle:
For Creation of Standing Instructions
Menu Option
SIM
Go to the menu option SIM and enter. The following screen will appear:
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Function V (Verify) and Input SI Srl. No. Then Press F4
Accept General Details with pressing F4
1st Debit Part-Tran Screen will appear verify and accept with F4
2nd Credit Part-Tran Screen will appear verify and accept with F4
Press F10 for commit.
SI stands verified.
Note: In cases where for credits to say Recurring Deposit type of account then the user has to
visit additional screen for Flow ID by pressing of F6 key, before final commit by F10 key.
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Limit Node Maintenance
Limit Nodes In Finacle
Credit Limits can be set at Account Level as well as at Node Level for deriving the Drawing Power
for a customer. In case the limits are set at Node Level then the following are the advantages:
Managing two or more accounts with drawing power deriving from the same
security.
Limit Node Maintenance helps you to build these requirements in the limit management
Limit Node Concept
Limit nodes are used to group accounts under one node to enable easy monitoring and
organization. A limit node can be linked to a security for deriving drawing power. Distribution of
overall group (group may be a group of clients or a group of accounts) limits to individual
members (members may be accounts or clients) is possible through creation of Parent Node and
Child Nodes. It would be interesting to note that limits of every child node can further be
distributed to group of accounts or clients. This is diagrammatically explained below.
The diagram represents the limits sanctioned to a client with the following conditions
Facility
Funded
Particulars
1
Term Loan
2
WCDL
3
CC
4
BP
Total Funded Facilities
Non-Funded
1
LC
2
BG
Total Non- Funded Facilities
TOTAL COMPANY EXPOSURE
Limit (Rs.Lakhs)
200
100
150
150
500
300
300
500
1000
Remarks
Total of 1 to 4 not to exceed Rs.
500 Lakhs & 2 to 4 not to
exceed Rs.300 Lakhs
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FLOW -CHART OF LIMIT NODE MAINTEANCE
NON-FUND
BASED
Rs.50,00,000/-
FUND BASED
Rs.50,00,000/-
TERM LOAN
Rs.20,00,000/-
WCDL
Rs.10,00,000/-
LETTER OF CREDIT
Rs.30,00,000/-
CASH CREDIT
Rs.15,00,000/BANK GUARANTEE
Rs.30,00,000/BILLS PURCHASED
Rs.15,00,000/Note: In the above chart every node is having the upper limit. The Company Exposure Limit
Node is Parent Limit for Fund Based and Non-Fund Based Limit Node. Then the Fund Based
Limit Node is Parent Limit for TL, WCDL, CC and BP Limits, which are child limits. And NonFund Based Limit Node is Parent limit for LC and BG Limits, child limits.
Limit Node Set-up in Finacle:
In case of following set-up in Limit ID 1st Block enter Customer ID and in 2nd Block put the
Code as under:
Main Parent Limit i.e. Company Exposure: COEXP
Fund Based Limit Node: FBEXP
The Code for Child Lines of above is as CC, BP, BD, TL, and WCDL etc.
Non-Fund Based Limit Node: NFEXP
The Code for Child Lines of above is as LC, BG etc.
For Limit Node Maintenance Set-up
Menu Option
LNM
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Go to Menu option and enter option LNM. The following screen will appear:
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Account Opening Cash Credit
For Every Type of Account Opening
Menu Option
OAAC
Go to Menu option and enter option OAAC. The following screen will appear:
The above 1st Screen of General Details will appear then enter the details like mode of
operation, location code etc. Then Press F6 for next screen.
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The above 2nd Screen of General Details will appear then enter the details like statement
frequency, interest credit a/c flag etc. The most important field in this screen is Interest
Rate Code. Please choose appropriate one. Press F6 for next screen
In the above 3rd screen important fields are as follows: Interest Calculation Freq Dr: Please select the applicable value.
Next Int. Calc. Date Dr: Please select the applicable value.
Then Press F6 and will come on 1st screen. Now Press F4 for accepting General Details.
In Option field enter S for entering Scheme Details and Press F4. Then following screen
will appear:
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In the above screen of Scheme Details fill the following fields as:
Dr. Balance Limit: Enter Sanctioned Amount
Max. Allowable Limit: It can be lower than limit or equal to limit
Credit File No.: Enter the number of Credit File of Customer
Debt Acknowledgement Date: Enter the date of loan documents / revival letter, whichever
is latter
All other mandatory fields needs to be filled. Then Press F6 for next screen
Keep Account Health Code as 001 for Regular. Press F4 accepting Scheme Code.
In Option field enter H for entering Limit Details and Press F4. Then following screen
will appear:
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In the above screen of Sanction Details fill the following fields as:
Sanction / Expiry / Document / Review Date
Sanction Level / Authority / Ref. No. and Security Description. Then Press F4. Following
Drawing Power Details screen will appear:
In the above screen of Drawing Power Details fill the following fields as:
Drawing Power Indicator: Enter applicable value.
A/C Recalled: N and then Press F4 for accepting DP details.
In Option field enter V for entering MIS Details and Press F4. Then following screen
will appear:
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In above screen of MIS select appropriate codes. After completion of the same Press
F4 for accepting MIS Details.
Again you will back in option field. Press F10 for commit.
The account number will be generated by the system as per following screen:
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For Verification of Account Opening of Cash Credit
Menu Option
OAACAU
Function: V (Verify)
Input Generated A/c No. in Temporary A/c No. Field and Press F4
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Security Register Maintenance
Now we need to make the Set-up of Security Register Maintenance (SRM) for linking to Cash
Credit Account. The availability of funds in CC Account is depending upon the Drawing Power.
The Drawing Power calculation can be derived from Security linked to that account.
Application
SRM is used for maintenance of security and drawing power allocation in respect of all
advance accounts where drawing power is derived from securities.
Functions
The Security Register Maintenance (SRM) has two important functions
(a) Maintenance of particulars of the securities submitted by a client and
(b) Allocation of drawing power to an account
(c) Other utilities include: 1. Stipulation of maximum drawings allowable against security to the relative account.
2. Classification of the security as Primary / Collateral.
3. Maintenance of the Market Value, Repurchase Value, Face Value with options to specify
which is to be used, Margin to be retained, whether additional details like Insurance,
Charges, Income and Expenses are required or not.
4. The system provides linkage to Interest Computation for computing additional interest for
non-submission of Stock.
5. If the security is a Deposit Account, a lien is marked on the account for the value of the
Advance Amount / Limit Sanctioned and the component of available balance is updated
appropriately.
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FLOW CHART - SRM
In the ensuing paragraphs, steps involved are explained in detail.
Select
Option-A
and Add
Security
Details
Type SRM in
the Menu
Option and
enter
1(start)
Commit
the record
by Pressing
F10
Select
Option-C and
enter Charge
Details
Select
Option-P and
enter
Inspection
Details
Select
Option N
and enter
Insurance
Details
Verification of the
Record by Authorized
Person
4
Account gets
Drawing Power
8 (END)
Pledge If Securities are Shares, NSC, Car, Banks Term Deposit etc.
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Enter Received Date i.e. Stock Statement Date (If Security is Stock, Book Debts etc.)
and enter Due Date of the same.
Frequency: This frequency is pertains to Stock Statement Frequency, which submits
by the borrower in future.
Unit Value is for the Securities like Shares, Term Deposit Receipts, NSC etc.
If you have entered Unit Value, so enter No. of Unit also.
Security Value: In case of securities like Stock, Book Debts, Car, House put the total
value in the filed
Primary / Collateral: Enter P for Primary Security and C for Collateral Security.
Important aspect is drawing power is only derived from Primary Security.
After completion of the information Press F4 for accepting Security Details.
In Option filed enter C and Press F4 for filling Details of Charge on Security.
Again in Charge Details enter A (Add) in Option and Press F4 then following screen
will appear:
Fill all the Charge Details appropriately and Press F4 for accepting Charge Details.
In Enter Option put S and Press F4 for go back in Security Screen.
In Option filed enter N and Press F4 for filling Details of Insurance
Again in Insurance Details enter A (Add) in Option and Press F4 then following
screen will appear:
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Fill all the Insurance Details appropriately and Press F4 for accepting Insurance
Details.
In Enter Option put S and Press F4 for go back in Security Screen.
In Option filed enter P and Press F4 for filling Details of Inspection.
Again in Inspection Details enter A (Add) in Option and Press F4 then following
screen will appear:
Fill all the Inspection Details appropriately and Press F4 for accepting Inspection
Details.
In Enter Option put S and Press F4 for go back in Security Screen.
Press F10 for commit.
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For Verification of Set-up of Security Register Maintenance
Menu Option
SRM
Function: V (Verify) and Press F4
Then Verify all the above screen i.e. Security, Charge, Insurance and Inspection oneby-one as per the procedure of above only instead of A Add in option at every
screen input for I Inquiry.
After completion of all Press F10 for commit.
Note: The SRM activity is to be done after every account opening of Cash Credit, Loan
against FDR / Shares/ NSC/ LIC etc., Housing Loan, Two / Four Wheeler Loan or any other
loan against security.
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Account Opening Loans
OAAC
Go to Menu option and enter option OAAC. The following screen will appear:
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The above 1st Screen of General Details will appear then enter the details like mode of
operation, location code etc. Then Press F6 for next screen.
The above 2nd Screen of General Details will appear then enter the details like statement
frequency, interest credit a/c flag etc. The most important field in this screen is Interest
Rate Code. Please choose appropriate one. Press F6 for next screen.
In the above 3rd screen important fields are as follows: Interest Calculation Freq Dr: Please select the appropriate value.
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Next Int. Calc. Date Dr: Please select the appropriate value.
Then Press F6 and will come on 1st screen. Now Press F4 for accepting General Details.
In Option field enter S for entering Scheme Details and Press F4. Then following screen
will appear:
In the above screen of Scheme Details fill the following fields as:
Enter Loan Amount: Sanctioned Amount
Loan Period: Enter total months in 1st Field
Enter Credit File No.
Holder In Operative A/C For Amount Due: Y Yes or N No
Repayment Method: If above field value is Y, so Put here E, else put N
Operative A/c No. above value is Y, so put appropriate SB, CA Account No.
Debt Acknowledgement Date: Enter the date of loan documents / revival letter, whichever
is latter
All other mandatory fields needs to be filled. Then Press F6 for next screen
Put appropriate information as per sanction letter and Press F4 for accepting Scheme
Details
In Option field enter H for entering Sanction and DP (Drawing Power) Details and Press
F4. Then following screen will appear:
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In the above screen of Sanction Details fill the following fields as:
Sanction / Expiry / Document / Review Date
Sanction Level / Authority / Ref. No. and Security Description. Then Press F4. Following
Drawing Power Details screen will appear:
In the above screen of Drawing Power Details fill the following fields as:
Drawing Power Indicator: Enter D Derived from Security in Case of CC Account
A/C Recalled: N and then Press F4 for accepting DP details.
In Option field enter I for entering Interest Details and Press F4. Then following screen
will appear:
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Accept above details with Pressing F4 after valid values being filled.
In Option field enter V for entering MIS Details and Press F4. Then following screen
will appear:
In above screen of MIS select appropriate codes. After completion of the same Press
F4 for accepting MIS Details.
In Option field enter E for entering Repayment Schedule Details and Press F4. Then
following screen will appear:
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In the above screen of Repayment Schedule Details fill the following fields as:
Flow ID is system generated as per selection of Scheme Code. Those are PRDEM
and EIDEM. Enter Nos. of Installments
Enter Principal Demand Date and then the Frequency.
Then enter Interest Demand Date and frequency.
Press F4 for accepting Repayment Schedule Details.
Now Press F10 for commit. The Account No. will be generated by system as below:
OAACAU
Function: V (Verify)
Input Generated A/c No. in Temporary A/c No. Field and Press F4
For visiting all screens of General Details Press F11 continuously
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After coming on 1st Screen Press F4 for accepting General Details
Enter option S for verifying Scheme Details and press F4
Press F11 for visiting next screen of Scheme Details
Verify details and Press F4.
Enter option H and press F4 for verifying Sanction and DP Details
First, Sanction Details will appear. Verify and accept with Pressing F4.
Then, DP Details will appear. Verify and accept with Pressing F4.
Enter option I and press F4 for verifying Interest Details
After appearing Interest Details verify and Press F4 for accepting the same.
Enter option V and press F4 for verifying MIS Details
After appearing MIS Details verify and Press F4 for accepting the same.
Enter option E and press F4 for verifying Repayment Schedule Details
After appearing Repayment Schedule Details verify and Press F4 for accepting the
same.
Press F10 to commit. The account number will be displayed.
The Loan Account stands verified.
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Bank Guarantee
Bank Guarantee is an instrument issued by the Banks in which the Bank agrees to stand
against the non-performance of some action of a party. The quantum of guarantee is called
the Guarantee amount. The guarantee is issued upon receipt of a request from applicant
for some purpose/transaction in favor of a Beneficiary. The issuing bank will pay the
guarantee amount to the beneficiary of the guarantee upon receipt of the claim from the
beneficiary. This results in invocation of the Guarantee.
The guarantees issued by the banks have been classified into:
Advance Payment Guarantee
Bid Bond Guarantee
Financial Guarantee
Performance Guarantee
Shipping Guarantee
Deferred Payment Guarantee
There will be further classification of guarantees, such as: Inland Bank Guarantee and Foreign
Bank Guarantee. Guarantees issued favoring Government and Others than Government
Authorities.
Following types of registers have been defined: Codes
FBGA
FBGB
FBGF
FBGP
FBPG
IBGA
IBGB
IBGF
IBGP
IBPG
Type of Registers
Foreign Guarantee Advance payment
Foreign Guarantee Bid Bond
Foreign Guarantee Financial
Foreign Guarantee Performance
Foreign Guarantee Deferred Payment
Inland Guarantee Advance payment
Inland Guarantee Bid Bond
Inland Guarantee Financial
Inland Guarantee Performance
Inland Guarantee Deferred Payment
IMP: For Set-up Bank Guarantee (BG) the Set-up of LNM (Limit Node Maintenance) for
Bank Guarantee.
1st Step For Set-up of BG is Setting up of LNM i.e. Limit Node Maintenance.
For Limit Node Maintenance Set-up
Menu Option
LNM
Go to Menu option and enter option LNM. The following screen will appear:
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You will appear on 1st Screen of BG. In Option enter C for Commission / Charges
Details and Press F4 then following Screen will appear.
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In case of L you have to enter Lien Account i.e. any Term Deposit account, which
has taken as Margin Money for BG.
In collected amount enter the figure, which you have taken as Margin Money
In case of C you have to enter Operative / Transfer Account No. in the field
After completion Press F4 to accept
Curser will blink in Function field. Enter A Accept & Quit then Press F4
You will appear on 1st Screen of BG. Now Press F10 for Commit.
Bank Guarantee Number will be generated by System.
For Reversing Bank Guarantee
Menu Option
GMM
Any expired guarantee can be reversed. Reversal of guarantee will reverse the contingent
transactions already put through at the time of issue. The transactions are created as a
part of verification process.
Go to Menu option and enter option GMM. The following screen will appear:
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Step 1:
Step 2:
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Credit Invocation credit account derived by system
From Invocation Cr. a/c place holder
As part of invocation, system also reverses the contingent liability amount and reduces the
liability amount in the limit node.
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Step 2:
Ensure some Other Inquiries as follows:
i. Account is not having any Standing Instructions.
ii. No Bills has been lodged in the account
iii. Account has not linked with any Loan Account for EMI payments.
Step 3:
Modify the ATM / Debit Card Linkage:
For Modification of ATM / Debit Card Linkage Flag
Menu Option
ACM
Go to the menu option ACM and enter. The following screen will appear:
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Finally, Press F10 for commit. At this stage verification is over.
Step 5:
Destroy the Unused Cheque Books Leaves (If Cheque Book facility had
given to Customer):
For Destroying Unused Cheque Book Leaves
Menu Option
CHBM
Go to the menu option CHBM and enter. The following screen will appear:
Step 6:
Verify Destroying Unused Cheque Book Leaves
For Verification of Destroying Unused Cheque Book Leaves
Menu Option
CHBMAU
Go to the menu option CHBMAU and enter.
Function: V (Verify). Enter Account No. / Begin Cheque No. and Press F4.
The screen as above will appear.
Finally, Press F10 for commit. At this stage verification is over.
Step 7:
Calculate Account Closure Charges:
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For Calculation of Account Closure Charges
Menu Option
CACC
Go to the menu option CACC and enter. The following screen will appear:
Step 8:
Verify Calculated Account Closure Charges:
For Verification of Calculated Account Closure Charges
Menu Option
CACC
Go to the menu option CACC and enter.
Function: V (Verify). Enter Account No. and Press F4.
The screen as above will appear.
Finally, Press F10 for commit. At this stage verification is over.
Step 9:
Closing an Account:
For Closing an Account
Menu Option
CAAC
Go to the menu option CAAC and enter. The following screen will appear:
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Step 10:
Verification of Closure of Account:
For Verification of Closure of Account
Menu Option
CAACAU
Go to the menu option CAACAU and enter.
Function: Function: V (Verify) and enter Account No. Then Press F4
The details screen of closure will appear.
Press F4 twice for accepting details
In close option the curser will blink. Now Press F10 for commit
At this stage the closure of account stands verified.
Then verify the DC No. of closure transaction through TM.
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Closure of TD Account
For Closing Term Deposit Account
Menu Option
CAAC
Go to the menu option CAAC and enter. The following screen will appear:
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+
After appearing above screen Press F4. Your curser will appear in Close Option.
Now Press F10 for commit.
The account stands closed here.
Now do the closure transaction through TM.
For Verification of Closure of Term Deposit Account
Menu Option
CAACAU
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Verify the entered Repayment Account No. as per given by customer and Press F4
accepting details.
Then Next Screen will appear.
After appearing above screen Press F4. Your curser will appear in Close Option.
Now Press F10 for commit.
The closure of account stands verified.
Now do the verification of closure transaction through TM.
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ANNEXURE
Menu Options in Finacle Version 7
Following are the menu options for Version 7 (Only Changes are enlisted herewith)
HACCBAL
HACCDET
HACIMU
HACLHI
HACLHM
HACLI
HACM
HACMLA
HACMTD
HACS
HACTI
HACTODM
HADVC
HAITINQ
HALM
HASSET
HASTM
HBKQRY
HBKTM
HBRTM
HCAAC
HCAMC
HCASHDEP
HCASHWD
HCCA
HCELI
HCHBM
HCLM
HCLZCM
HCNCM
HCOLA
HCRNPOS
HCRT
HCRVMU
HCSM
HCUACC
HCUCA
HCUCC
HCUDET
HCUIMU
HCULA
HCUMAT
HCUMM
HCUOD
HCUPSD
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HCUS
Customer Selection
HCUSB
Savings Account of Customer
HCUSEL
Customer Selection
HCUSUM Summary details of Customer
HCUSWP Sweep details of Customer
HCUTD
Term Deposits of Customer
HCUTI
Turnover Summary of Customer
HCYCM
CYC Table Maintenance
HDAM
Deposit Accounts Maintenance
HDCDET
Delivery Channel transaction details
HDDC
DD Cancellation
HDDD
Issue of Duplicate DD
HDDMI
Mass Issue Entry
HDDMP
Mass Payment Entry
HDDP
Reports Parameters
HDDREM DD Reminder
HDDSM
DD Status Maintenance
HDTE
Delete Transactions in Entered Status
HFTI
Financial Transactions Inquiry
HGCHRG General Charges
HHIM
Hot Items Maintenance
HICI
Inward Cheques Inquiry
HICTM
Inward Clearing Transaction Maintenance
HICZCM
Inward Clearing Zone Template Maint
HIGHTRAN DSA Report on High value Transaction
HII
Hot Items Inquiry
HIM
Hot Items Maintenance
HINTCI
Interest Table Code Inquiry
HINTTI
Interest Rate Details Inquiry
HIOGLT
Inquire on GL Transactions
HIOT
Inquire on Transactions
HIVSM
Interest Version Slab Maintenance
HLADISB
Loan Disbursement
HLAFACR Loans Fee Assess and Collect and Refund
HLAGI
Loan Account General Inquiry
HLAI
Loan Inquiry
HLAMATP Loan Payment Menu
HLAMOD
Loan Modelling
HLANM
Loan Account Notice Maintenance
HLAOPI
Loans Overdue Position Inquiry
HLAPSP
Loan Account Pass Sheet Print
HLARA
Loan Amendment and Rescheduling
HLARSH
Loans Repayment Schedule Report
HLASPAY Loan Payment Menu
HLAUPAY Loan Payment Menu
HLAWFAI Loans Waiver of Fee and Interest
HLNM
Limit Node Maintenance
HLVSM
Loan Interest Version Slab Maintenance
HM
Help Maintenance
HMARKPEN Mark Pending
HOAACCA CA Account Opening
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HOAACCC CC Account Opening
HOAACLA Loan Account Opening
HOAACOD OD Account Opening
HOAACSB SB Account Opening
HOAACTD Open an TD Account
HOAACVCA CA Account Opening Verify
HOAACVCC CC Account Opening Verify
HOAACVLA Loan Account Opening Verify
HOAACVOD OD Account Opening Verify
HOAACVSB SB Account Opening Verify
HOAACVTD Open an TD Account
HOCI
Outward Cheques Inquiry
HOCIP
HOC Inquiry cum BA(R) Print
HOCMU
New Head Office (HOC) Functions Menu
HODBCH
Bill and Collection History Details
HOIQ
Outward Clearing Instrument Inquiry
HOPQ
Outward Clearing Ptran Inquiry
HOS
HO Schedules Print
HOSUMF
HO Summary in File
HOSUMP HOC Summary Print
HOTCE
Over the Counter Transaction
HPARTINQ Inquiry on Partitioned Account
HPAYOFF Loan Pay Off Process
HPBP
Passbook Print
HPDCZM
Post Dated Cheque Zone Maintenance
HPSP
Pass Sheet Print
HPTTM
Part Tran Template Maintenance
HRACO
Recovery After Charge Off
HRENHIST Renewal History of TD Account
HRRCDM Reference Code Maintenance
HRTGS
Real Time Gross Settlement System
HRTHQRY Rate list History Query
HSCFM
System Control File Maintenance
HSSIM
Standing Instruction Maintenance
HSWEEPS Pool of Funds Maintenance
HTD
Term deposit transaction details
HTDINT
Term deposit interest details
HTDSIP
TDS Inquiry & Printing
HTDSPROJ Projection of Customer Level Tax
HTDTAX
Term deposit tax deduction details
HTFIN
Customer Trade Finance Inquiry
HTINQ
Hot Items Lookup
HTODCS
TOD Criteria and Selection
HTVSM
TD Interest Version Slab Maintenance
HUCS
Update Cheque Status
HUPM
User Profile Maintenance
HXFER
Transfer Transaction
OCLODGE Outward Clearing set lodge
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