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FINACLE TERMS & KEYS 1 Important Function Keys 2 Commonly Used Menu Options CUSTOMER MASTER 1 Creation of Customer ID 2 Verification of Customer ID ACCOUNT OPENING: SB, CA 1 Account Opening of SB, CA 2 Verification of Account Opening TRANSACTION MAINTENANCE Types of Transactions Methods of Transactions Posting of Transactions though TM Verification of Transactions INVENTORY MAINTENANCE Inventory Location Codes Inventory Movement Authorisation Inventory Movement Between Locations Verification of Inventory Movement Between Locations Inventory Split Inventory Merge
5 1 2 3 4 6 1 2 3 4 5 6 7
ISSUE OF CHEQUE BOOK 1 Issuing Cheque Books to Account-Holders 2 Verification of Issued Cheque Books to Account-Holders 3 Inquiry of Cheque Books in Account STOP PAYMENT OF CHEQUE Stop Payment of Cheque Verification of Stop Payment of Cheque Revoking Stop Payment of Cheque Verification of Revoking Stop Payment of Cheque ACCOUNT LIEN MAINTENANCE Account Lien Set-up Verification of Account Lien Set-up Removal of Account Lien Verification of Removal of Account Lien
8 1 2 3 4 9 1 2 3 4
ACCOUNT OPENING TERM DEPOSIT 1 Account Opening of Term Deposit 2 Verification of Account Opening of Term Deposit STANDING INSTRUCTIONS 1 Standing Instruction Set-up 2 Verification of Standing Instruction LIMIT NODE MAINTENANCE Limit Node Concept Flow-Chart of Limit Node Maintenance Limit Node Maintenance Set-up Verification of Limit Node Maintenance Set-up Limit Tree Lookup
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ACCOUNT OPENING LOANS 1 Account Opening of Loan 2 Verification of Account Opening of Loan 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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CLOSURE OF SB/ CURRENT ACCOUNT 1 Different Steps: Before Closure of SB / Current Account 2 Closure of an Account 3 Verification of Closure of Account CLOSURE OF TERM DEPOSIT ACCOUNT 1 Closure of Term Deposit Account 2 Verification of Closure of Term Deposit Account ANNEXURE 1 Menu Options in Finacle Version 7
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Verification Mandatory
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
User can change password through the Menu Option PWMNT Password length is minimum 6 characters and maximum 14 characters Password can contain alphabets, numbers and special characters While changing password, at least first 5 characters of old password are to be changed There is no history of previous password. Password to be compulsorily changed after 30 days. System prompts you to change the password from 27th day. Inserting wrong password 3 times, the User Profile gets deleted User ID & Password are not case-sensitive and User can login from any terminal throughout the bank. Never Share Your Password
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.
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
For Creating Profile of New Customer: Menu Option Go to Menu option and enter option CUMM Function: A (Add)
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.
Fill in Communication or Permanent Address of above second screen and Press F6 The Next page appears, which contains Employer Address. If applicable fill in the same properly and Press F6
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
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:
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:
Input the Minor Details and Press F4: If the customer is a Trade Finance Customer ENTER T in the option block and Press F4. Following screen appears:
Input the details of Trade Finance Customer and Press F4 If the customer is an NRI Customer ENTER N in the option block and Press F4. Input the appropriate details and press F4 to accept. Press F10 to finally Commit Customer ID will be generated and displayed on the screen as below: Note down customer ID on the Account Opening Form and send the form for verification:
CUMM
Go to Menu option and enter option CUMM Function: V (Verify) Then input generated Customer ID to be verified. Press F4. Press F6 and visit all the screens and verify General Details with the AOF. On returning to the first page, press F4 Go to option E Press F4 Explode Press F4 twice to verify the Currency Details. For Minor customers go to M option to verify the Minor Details. For NRI customers go to N option to verify NRI Details. For Trade finance customers go to T option to verify theTrade Finance Details. Press F10 to commit. The customer record stands verified. 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 CUMM CUMM CUMM Function M X C D U
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
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
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:
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 For visiting all screens of General Details Press F11 continuously After coming on 1st Screen Press F4 for accepting General Details Enter option S and press F4 of verifying Scheme Details Verify details and Press F4. If the nomination has been given then - enter option N and press F4.
IMP: Add CUMM A G, E M N T OAAC O G, S N A Verify CUMM V Inquiry CUMM I Modify CUMM M Verify CUMM V
CUSTOMER MASTER Function Screens to be filled Minor NRI Trade Finance Customer ACCOUNT MASTER Function Screens to be filled Nomination Joint Account
OAACAU V
ACM I
ACM M
ACM V
Transfer Clearing
Two types of Transaction ID User Created: DC number is generated by system. All transactions made by teller/ cashier are user created transactions. The cash or transfer transactions are mostly user created transactions. System Generated: SDC number is generated by system. These types of transactions are system-generated transactions. Clearing transactions, various charges, commission, interest application, standing instructions etc. are some examples of system-generated transactions. Status of Transaction (1) Entered (2) Posted Methods: Maker Enter Checker Post Status of Transaction Verified
(3) Verified
(4) Deleted
Method I
Method II Enter & Post Verify Verified *The two persons must be involved in every transaction i.e. Maker & Checker
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.
Enter P in the specify option field Press F4 to post debit part of the transaction.
Note down the transaction ID on voucher (Which will be shown as in the above screen, here it is DC36) For Verification: If Transaction is in Entered Stage Menu Option TM Go to Menu Option and Enter TM Function: M (Modify) & Press F4 Enter generated DC No. & Press F4 Enter P in the field Specify Option & Press F4 for 1st Part-Tran Press DOWN ARROW key to go the next Part-Tran of and enter P in the Specify Option and press F4 and F10 to commit the verification. The transaction stands verified and the Status is verified For Verification: If Transaction is in Posted Stage Menu Option TM Go to Menu Option and Enter TM Function: V (Verify) & Press F4 Enter generated DC No. & Press F4 Enter V in the field Specify Option & Press F4 for 1st Part-Tran Press DOWN ARROW key to go the next Part-Tran of and enter V in the Specify Option and press F4 and F10 to commit the verification. The transaction stands verified and the Status is verified
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.
DL - DL EM- User ID
Let us see the process or flow of the inventory. For Inventory Movement Authorisation Menu Option IMAUM The following screen appears: Select function A to add two authorised User Ids for transfer of Inventory from External Location to Branchs Double Lock. The custodian and the supervisory official will put their respective user IDs.
For Inventory Movement Between Locations Menu Option IMC This menu option IMC is used for movement of inventory between different locations: From ZZ-EXT to DL-DL From DL-DL to EM- USER ID
Then Function A for transfer of Inventory from DL to Employees based on everyday requirements. Verification is required for above step (the screen shot and process on next page) The steps involved for the same are as under: 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 Go to the menu option IMC and enter. Function: V (Verify) and Enter Inventory Transaction Number & Press F4. The Details of inventory movement will appear. Again Press F4 for accepts the same. The following screen will appear.
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
ISI
Function: M (Merge) & Press F4 Input the Location Class / Code, Inventory Class / Type Then input the Start Serial No., which do you want to merge and the quantity you want the system to merge. Then press F4 to get the details of merger, then Press F10. IMP: The Employee himself can do Splitting as well as Merging of Inventory. No needs of verification for split and merge option.
Function: I (Issue) & Press F4 Enter Account No. Press F4 Select Cheque Type i.e. CA Cheques, SB Cheques etc. & Press F4 Following screen will appear
Scroll down to the appropriate cheque book by using Down Arrow Key
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.
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.
SPP
Function: S (Stop) & Press F4 then Enter Account No. Press F4 Enter Begin Cheque No. and No. of Leaves and Press F4 After pressing F4 the Date & Time automatically comes Enter Payees Name, Cheque Date (if known), Cheque Amount (if known) Select Reason Code and Press F4 for accepting General Details In Option enter C for collecting charges and Press F4
Function: V (Verify) & Press F4 then Enter Account No. Press F4 Enter Begin Cheque No. and Press F4 Verify the General Details & Press F4 for accepting General Details In Option enter C for verifying charges and Press F4
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 Go to the menu option SPP Function: R (Revoke) & Press F4 then Enter Account No. Press F4 Enter Begin Cheque No. and Press F4 Stop Payment Details will appear then Press F4 for accepting the same Now Press F10 for commit For Verification of Revoking Stop Payment of Cheque Menu Option SPPAU Go to the menu option SPPAU Function: V (Verify) then Enter Account No. Press F4 Enter Begin Cheque No. and Press F4 Stop Payment Details will appear then Press F4 for accepting the same Now Press F10 for commit
SPP
ALM
Go to the menu option ALM and enter. Following screen will appear:
Function: A (Add) & Press F4 Then Enter Account No. and Press F4 Then enter Lien Amount, expiry date of Lien and select appropriate Lien Reason Code Input remark, if any in Lien Remark field and Press F10 for commit Lien Set-up is over now. For Verification of Account Lien Set-up Menu Option Go to the menu option ALM and enter. Function: V (Verify) & Press F4 Then Enter Account No. and Press F4
ALM
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.
Go to the menu option ALM and enter Function: V (Verify) & Press F4 Then Enter Account No. and Press F4 Details of lien will appear. Verify it and Press F10 for commit. Removal of Account Lien stands verified.
AFSM
Go to the menu option AFSM and enter. Then following screen will appear:
Function: F (Freeze) & Press F4 Then Enter Customer ID No. Then select Freeze Reason Code & Freeze Code. Press F4. All accounts, which are linked to the given Customer ID would be appeared on screen. Select account numbers by Shift + F4 one by one and Press F10 for commit Account Freeze Set-up is over.
Go to the menu option AFSM and enter. Function: V (Verify) & Press F4 Then Enter Customer ID No. & Press F4 All details of freeze will appear. Now verify it and Press F10 for commit. Account Freeze Set-up stands verified. Now we will see the procedure of removal the freeze of account: For Removal of Account Freeze Menu Option
AFSM
Go to the menu option AFSM and enter. Then following screen will appear:
Function: U (Unfreeze) & Press F4 Then Enter Customer ID No. & Press F4 All details of freeze will appear. Now Press F10 for commit. Now Account stands Unfreeze. For Verification of Removal of Account Freeze Menu Option AFSM Go to the menu option AFSM and enter. Function: V (Verify) & Press F4 Then Enter Customer ID No. & Press F4
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) Running Ad-hoc How Operates Applicable for specific Purpose and of use once only 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.
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.
Now we will see the procedure to set-up of TOD in the account: For TOD Set-up in Account Menu Option
ACTODM
Go to the menu option ACTODM and enter. The following screen will appear:
Function: M (Modify) & Press F4 Enter Account No. and Press F4 twice In option field enter A (Add) the details of TOD & Press F4 the following screen will appear:
Enter the Grant Date. (Current Date or it can be Future Date) Enter Advance Amount (Amount of Granted TOD) and Press F4 Enter Expiry Date and Press F11 the Penalty Date automatically appears Select appropriate Advance Type (A- Ad-hoc, S-Single, R-Running) Select the appropriate USER ID is the field of Permitted By
For Verification of TOD Set-up in Account Menu Option ACTODMAU Go to the menu option ACTODMAU and enter. The following screen will appear: Function: V (Verify) & Press F4 Enter Account No. and Press F4 The details in single line will appear In option field enter I (Inquire) for inquiring the details of TOD & Press F4 the following screen will appear:
Verify the details of TOD from above screen and Press F10 for commit. Then following screen will appear:
After appearing above screen with exceptions accept with Pressing F4 Now TOD set-up stands verified
Verify Lodged Cheques Suspend Zone Revoke Suspended Zone (if re-open of zone is required
R MCLZOH Release to Shadow Balance *At this stage Outward Return Clearing process is to be done through Inward Clearing Zone. MARKPEND REVPEND MCLZOH G Withhold the Clearing Revoke withheld clearing Regularise Zone
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 Adding the Cheques for lodgment OCTM Function: A
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 Verification of Lodged Cheques OCTM Function: V
Verification of lodged cheques in O/W Clearing Zone is necessary for that Function: V (Verify) and Enter Set ID No. Press F4. Then following screen will appear. You have to verify each cheque individually.
After verifying details from cheque Press F10 for commit. Again put next Set ID and Press F4 for verifying next instrument and so on. Before suspension of Zone you have to inquire for verification of entire instruments i.e. whether all instruments are verified or otherwise? *Note: Any instrument once verified cannot be modified or deleted. For that purpose following inquiry is there:
Go to the menu option IOCLS and enter then 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.
Go to the menu option MCLZOH and enter. Then the following screen will appear:
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 Release to Shadow Balance MCLZOH Function: R
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 Mark Pending Cheques MARKPEND Function: -----------
Go to the menu option MARKPEND and enter. Then the following screen will appear:
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 Shift + F4 (after which a small * appears on the selected item) and then commit the selection. Pressing
Press F10 to
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: ------------
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.
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: ACSBIO: Inquiry / Components of the shadow balance of an account OPQ Inquiry on the basis of Part Transactions. OIQ: Instrument wise Inquiry PCLSO: Print Clearing Schedule PWO: Print Clearing Waste. VALDRPT: Outward Clearing Value date Report Inquiry / Components of the shadow balance of an account Menu Option ACSBIO Function: -------
Inquiry on the basis of Part Transactions Menu Option OPQ Function: ------This option gives the following details
Function: -------
Function: -------
Function: -------
Outward Clearing Value Dated Report Menu Option VALDRPT 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
For Inward Clearing activity the process is as follows: Menu Option Function O MICZ Open Zone A ICTM Add Cheques ICTM MICZ MICZ MICZ MICZ MICZ MICZ V S R V P Z T Suspend Zone Revoke Suspended Zone Validation Run Post Run Close Zone Validation Report Description
Now we will see Inward Clearing process step-by-step in following manner: STEP 1: Menu Option Open Zone of I/W Clearing MICZ Function: O
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:
Enter Account No. & Press F11 Enter Cheque No. Press <enter> Enter Amount Press <enter> Enter Payees Name Press <enter> Press F9 for Viewing Signature of the Account Holder If you would like to enter the other optional fields like Inst. date (systems validates chq being stale / post dated if entered), bank code etc. Press F11 after inputting payees name. If you do not want to enter the optional fields press F4 directly after entering Payee details. The record gets added in the system if there are no exceptions else the system will flash a message showing exceptions like cheque not issued to the account or insufficient balance. If you would like to return a particular cheque for whatever reason, enter the cheque as usual but modify the following fields to: Carve: N and Reject: I (Inward Reject)
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: Transaction Code: Cheque transaction code is picked up by default depending upon the account type i.e. Savings 10, Current 11 and so on. Instrument Type: Cheque is by default Carve: Defaulted to Y. Under carving the system keeps on apportioning the amount of the cheque as and when it is entered and reduces the available balance to that extent from the clients account. Reject: Defaulted to N (i.e. the cheque is not to be returned).
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.
exceptions E (option). Only the relevant records will be displayed/selected. STEP 4: Menu Option 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 Revoke of Suspended Zone MICZ Function: R
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
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
Go to the menu option MICZ and enter Function: P (Post Run) then In Zone field: 1st Field enter Zone ID & 2nd Field Date and Press F4. Then Press F10 for commit. Then posting process will start. Status of Clearing Zone changed as Posted at this stage. In case of I/W Clearing Zone you have to close the Zone after posting.
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 Modify the fields to listed = N and received as Y (defaulted). (As shown in the screen below)
Press F6 twice to come back to the original screen Press F10 to commit. Then: Verify the instrument ICTM [V]. Suspend the zone MICZ [S] Run the validation MICZ [V] Run the posting MICZ [P] Close the zone MICZ [Z] 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. The system automatically goes to the next screen
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 F6 F4 and Then input the presenting Bank / Branch details press commit. OUTWARD REJECTS: (cheques deposited by our clients returned) F4 and
press F10 to
Cheques, which have been lodged in Outward Clearing (i.e. cheques deposited by your clients) if returned by the Drawee Banks, are called as Outward Reject. These returns are processed in the Inward Clearing Module for which separate Return Zones have been created. 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. For unmarking the cheque the menu option is REVPEND. 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) screen and press F10 to commit. press F6 to return to the main
TM
Function: A (Add) and Press F4 Enter DD Issued Account no. & Press F11 Enter Amount, then C as Credit Part-Tran and description and Press F4 After pressing F4 following screen will appear:
In above screen make entry as under: Create Part-Tran: Y (only applicable in case DD/PO transaction is done first) Drawn on: in 1st Field Bank Code is by default then in 2nd Field select the Branch code, on which you want to draw the draft. Enter Payee Name Enter Purchasers Account No. & Press F11 then Press F4 In Print Option put L and Press F4 Then the screen of commission on DD/PO will appear. Accept the same by pressing F4. Then you will appear on 1st Screen of TM. In specify option press down arrow and go in debit part-tran of customer account then following screen will appear:
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.
DDMI
Go to the menu option DDMI and enter then following screen will appear: In above screen make entry as under:
Function: A (Add) Press F4 Then Enter Transaction Type/ Sub-type Enter DD Issued Account Number Enter Purchaser Account in Purch. And Comm. Fields and Press F4 Then in DD details enter Amount, Drawee Branch Code, Payee Name and Press <Down Arrow> After that all details appears upper side. Again start to enter DD details of 2nd one. Continue this process upto last DD and Press F10 for commit The Transaction Id would be generated by system. For Verification of Multiple DD or PO Issued Menu Option DDMI 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
The same screen as above will appear then do the process as under: Enter Part-Tran ID of DD and Date of Issue. Press F4 All the details of the DD would appear on the screen along with the DD No., which will be generated by the System, however you can change the DD No. Press F10 & DD will be printed. After printing of DD at place of Print? It will change as Print OK Y. Press F10 again. Then you can go for next DD Printing. For Printing All DD / PO Menu Option
DDPALL
Go to the menu option DDPALL and enter The screen appears with date only. You can input the date and Press F4. The system shows you all DD details. The procedure of printing is like above. Only the thing you have to Press F10 directly at Print? Y. After printing of one DD at place of Print? It will change as Print OK Y. Press F10 again. The remaining unprinted DD details are appears. For printing all DDs follow above procedure. For Cancellation of DD / PO Menu Option
DDC
Go to the menu option DDC and enter. The following screen will appear:
Function: C (Cancellation) and Press F4 Enter The DD no. DD issue date and press F4. Enter the Enter C for Cash & T For transfer Y to be entered for taking cancellation Charges Amount of the DD should be entered Enter DDD and DD Number to be entered Name of the Drawee Branch and Date of the instrument Account No of the DD The account No of the Purchaser. Not applicable in case of cash. Press F10 to commit. The Transaction ID will be generated by system.
For Verification of Cancellation of DD / PO Menu Option DDC Go to the menu option DDC and enter. The same screen as above will appear then do the process as under: Function: P (Post) enter Transaction ID and Press F4 Verify the cancellation details of DD After verifying all details Press F10 for commit. Cancellation of DD stands verified. For Marking DD / PO as Lost Menu Option Go to the menu option DDLOST and enter. The same screen as above will appear then do the process as under:
DDLOST
Enter Non-Payment Advice Required. Y or N as case may be. Press F10 for commit. The DD Tran Status will be changed as Lost. For Revert the Marking DD / PO as Lost Menu Option DDREVERT Go to the menu option DDREVERT and enter. The same screen as above will appear then do the process as under: 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.
For Every Bills Maintenance (OCC, OCP, BD, BD under LC) Menu Option BM Now we will see the procedures of lodgment, realization and dishonor of Outward Cheques for Collection (OCC). Lodgment of Chaque: Go to Menu option and enter option BM. The following screen will appear:
Function: G (Lodge) and Press F4 Enter Register Type IOCC (Inland Outward Cheque for Collection) Enter Register Sub-Type as CHQOU If cheque would be sent for collection to Our Banks Branch and CHQOT If cheque would be sent for collection to Other Banks Branch. Then Press F4. The Bill ID will be generated by system. Then go through as follows: Enter Lodger Account no. and Press F11 Enter Bill Amount Enter Drawee Bank / Branch Details Enter Collecting Bank/ Branch Details Enter Drawer Name and Address if known In Lodger Ref. Enter Instrument / Cheque No. Press F4 for accepting General Details of Bills Press F10 for commit.
Function: R (Realise) and Enter Bill ID then Press F4 In option input R and Press F4. Following screen will appear:
In above Transaction Screen if, the cheque is Register Sub-Type as CHQOU so Press F4 and go to next screen. But the cheque is Register Sub-Type as CHQOT, so enter Other Bank Charges and Press F4 Then in next screen input L List then transactions of realisation will be listed as follows:
See the transactions and Press F3 for quitting from inquiry Then following screen will appear:
In option input A Accept & Quit. Press F4 We will be back on 1st Screen then Press F10 for Commit. Bill realisation process is over. Dishonor of Cheque: Go to Menu option and enter option BM. The following screen will appear: Function: N (Dishonor) and Enter Bill ID then Press F4 In option input N and Press F4. Following screen will appear:
Again Press F4 and go to next screen. Then in next screen input L List then transactions of dishonour will be listed as follows:
In option input A Accept & Quit. Press F4 We will be back on 1st Screen then Press F10 for Commit. Bill dishonoured process is over. For Verification of Bills Maintenance (OCC) Menu Option BM Now we will see the verification process of OCC lodgment, realisation and dishonour. Function: V (Verify) for all types of above activities. Go through the process of lodgment, realisation and dishonour and Press F10 at final stage for verified status.
OAAC
Go to Menu option and enter option OAAC. The following screen will appear:
Enter Customer ID & Press F11 for confirming Customers Name Enter appropriate Scheme Code & GL Sub-head Code Press F4. Then following screen will appear For every account opening of Term Deposit the General, Scheme and Flow Details are mandatory
Function: O (Open) and Press F4. Then 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.
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.
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.
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:
Press F4 twice for accepting Flow details. After pressing F10 the 15 Digits account number will be generated by system If you have entered Y in the field Availing Nomination facility then go to option N. The following screen will appear:
Input details and Press F4 for accepting Nomination Details. In case of Joint Account you have to add Joint Account Holders from the option A i.e. Additional Party Details. The Customer IDs are necessary for all the Joint Account Holders. If there are Joint Account Holders - Go to option A and Press F4. Then following screen will appear:
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
SIM
Go to the menu option SIM and enter. The following screen will appear:
Function: A (Add) Press F4. Then enter the details as below: In SI Class input C for Customer Induced or B for Bank Induced Input Customer ID and Enter SI Frequency i.e. D-Daily, W-Weekly, F-Fortnightly, M-Monthly, Q-Quarterly, H-Half Yearly and Y-Yearly. Enter Execution Time i.e. B-Beginning of Day, D-Anytime during Day, A-After business hours and E- Every time Specify Next Execution Date of SI. Enter in Auto Post- Y. Then End date of SI. Delete Transaction if not posted? - Y for deleting. Then Carry Forward Y and Max. Time for such carry forward. After filling all details Press F4 After Pressing F4 the following Screen will appear: In Option curser is blinking. Press F4 again
Then enter the details as below: Enter Amount Indicator as applicable. Part-Tran Type D Debit Enter Amount and Press F4
Then above screen will appear. Enter details as below: Enter Amount Indicator as applicable. Part-Tran Type C Credit Enter Amount and Press F4 Then you will come on 1st Screen then Press F10 for commit. SI ID will be generated by system.
For Verification of Creation of Standing Instructions Menu Option SIM Go to the menu option SIM and enter.
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.
WCDL Rs.10,00,000/-
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
Function: A (Add) and Press F4 Enter Limit ID as in 1st Block enter Customer ID and in 2nd Block enter the Code as above i.e. COEXP, FBEXP, NFEXP with a valid Limit Suffix. Then Press F4. Enter Description as the case may be. Enter Currency Code as applicable for the Node. Enter Customer ID Enter Parent Limit ID as COEXP in case of FBEXP & NFEXP and Enter Parent Limit ID as FBEXP or NFEXP in case of their concerned Child Limits. Enter Sanction Limit amount Enter Drawing Power Indicator Enter Limit Sanction and Limit Expiry Date Select appropriate Sanction Level and Sanction Authority Code Enter Single Transaction field N No for Running Limits Exposure. Then Press F10 for Commit For Verification of Limit Node Maintenance Set-up Menu Option LNM Function: V (Verify) and Press F4 Enter Limit ID as in 1st Block enter Customer ID and in 2nd Block enter the Code as above i.e. COEXP, FBEXP, NFEXP with a valid Limit suffix. Then Press F4. Verify the details and Press F10 for Commit The LNM stands verified. For Inquire LNM Summery i.e. Limit Tree Lookup Menu Option LTL Go to Menu option and enter option LTL. Enter Limit ID as in 1st Block enter Customer ID and in 2nd Block enter the Code as above i.e. COEXP. You can be viewed entire Company Exposure with Total O/S Liabilities.
Enter Customer ID & Press F11 for confirming Customers Name Enter appropriate Scheme Code & GL Sub-head Code Press F4. Then following screen will appear For every account opening of Cash Credit the General, Scheme, Limit Details and MIS Details are mandatory.
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 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:
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:
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:
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:
8 (END)
For Set-up of Security Register Maintenance Menu Option SRM Go to Menu option and enter option SRM. Function: A (Add) and Linkage Type A Linked to Account (If there is Limit Node for this account so, choose N if so, put Node ID). For A you have to enter Account No. and Press F4. Select appropriate Code for: Security code, Security Group, Security Class. Enter Ceiling Limit of Security Enter Margin Percentage as per sanction letter Nature of Charge: Pledge If Securities are Shares, NSC, Car, Banks Term Deposit etc. Hypothecation - If Securities are Stock, Book Debts etc. Mortgage If Securities are Building, Plot, Flat etc. Assignment - If Security is Insurance Policy
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:
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.
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.
Go to Menu option and enter option OAAC. The following screen will appear:
Enter Customer ID & Press F11 for validating Customers Name Enter appropriate Scheme Code & GL Sub-head Code Press F4. Then following screen will appear For every account opening of Loans the General, Scheme, Limit Details, Interest, MIS and Repayment Schedule Details are mandatory.
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.
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:
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:
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:
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:
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
Now we will see the procedures in Finacle for: Issuing of Inland Bank Guarantee Reverse of Bank Guarantee Invoke of Bank Guarantee 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:
Function: A (Add) and Press F4 Enter Limit ID as in 1st Block enter Customer ID and in 2nd Block enter BG Then Press F4 Enter Description as Bank Guarantee Enter Currency Code as INR (Indian Rupee) Enter Customer ID Enter Sanction Limit amount Enter Drawing Power Indicator Enter Limit Sanction and Limit Expiry Date Select appropriate Sanction Level and Sanction Authority Code Enter Single Transaction field Y Yes for Single BG Transaction and N- No for Running Limit of BG Then Press F10 for Commit For Verification of Limit Node Maintenance Set-up Menu Option LNM Function: V (Verify) and Press F4 Enter Limit ID as in 1st Block enter Customer ID and in 2nd Block enter BG and Press F4 Verify the details and Press F10 for Commit The LNM stands verified.
For Issuing Bank Guarantee Set-up Menu Option GMM Go to Menu option and enter option GMM. The following screen will appear:
Function: A (Add) and Press F4 Enter Guarantee Type and Currency Code. Then Press F4. Enter Customer ID Enter Guarantee Class and Guarantee Amount Enter Issue / Effective Date: Current Date (It may be future date also) Enter Limit ID of BG Enter Operative Account number of Customer Enter Expiry Period: 1st Field for Months and 2nd for Days and Press F11 then Expiry Date will automatically appear Enter Claim Period: 1st Field for Months and 2nd for Days and Press F11 then Claim Date will automatically appear After completion of the above Press F4 for accepting General Details Then you will appear following screen for filling of Beneficiary Details:
Enter Beneficiary Type: G for Government and O for Others Enter Beneficiary Name and Address. Enter City Code, State Code, Country Code and PIN Code and Press F4 for accepting Beneficiary Details
Press F4 for accepting Charge Details You will appear on 1st Screen of BG. In Option enter K for Margin Details and Press F4 then following Screen will appear.
Function: C (Collect) and Press F4 In Type C/L [C-Cash Margin / L -Lien]: Choose appropriate By default C and Cash Margin Account is on screen.
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:
Function: R (Reverse) and Guarantee Number. Then Press F4. Guarantee Details will appear. In Option enter K for Margin Details and Press F4. Then following screen will appear:
Function: R (Release) and Press F4. Enter Operative Account No. and Press F4 for accepting Margin Details In Function: A (Accept & Quit) and Press F4 You will appear on 1st Screen of BG. Now Press F10 for Commit For Invocation Bank Guarantee Set-up Menu Option GMM Step 1: Mark Guarantee for Invoke Before actually marking the guarantee as invoked, the user has to mark the guarantee for invoking. This is only a status change event and no transactions are created as part of marking the BG for invocation. This process also needs verification. Once the guarantee is marked for invoking, invoke process can be initiated. Go to Menu option and enter option GMM. Function: G (Mark Invoke) and Guarantee Number. Then Press F4. Now Press F10 for commit Then Verify the Mark Invoke through GMM Function: V (Verify) and Guarantee Number. Then Press F4. Guarantee Details appears Now Press F10 for commit. Marking of Invocation stands verified Step 2: Invoking the Guarantee Once the record is marked for invoking, the user can invoke the guarantee. He has to use function N of menu GMM. The user will be taken to the screen directly shown under invoke sub option. The user has to indicate the operative account and also the loan account. The loan account would be used for debiting the claim amount. The system uses the loan account and creates the transaction as under Debit Loan account to the extent of claim amount
For Verification of All Steps of Bank Guarantee Menu Option GMM Then Verify the Mark Invoke through GMM Function: V (Verify) and Guarantee Number. Then Press F4. Now Press F10 for commit. Marking of Invocation stands verified
Ensure that Effective Available Balance in the account. In the above screen no balances in any components should be there e.g. Funds in Clearing, Float Balance, Any type of TOD limit, Lien Amount and System Reserved Amount etc.
For Modification of ATM / Debit Card Linkage Flag Menu Option ACM
Go to the menu option ACM and enter. The following screen will appear:
Function: M (Modify) and enter Account No. and Press F4 In Option, enter 0 (Zero) for modifying General Details. By pressing F6 go to the next screen (2nd Screen). In the field Download to PBF the existing value is Y. Delete Y and enter N No then Press F4 for accepting General Details. Finally, Press F10 for commit. Verify above details first.
Step 4: Verify the modification in ATM / Debit Card Linkage: For Verification of Modification of ATM / Debit Card Linkage Menu Option ACM
Go to the menu option ACM and enter. The Account Maintenance screen will appear Function: V (Verify) and enter Account No. and Press F4 In Option, enter 0 (Zero) for modifying General Details. By pressing F6 go to the next screen (2nd Screen). Verify details and Press F4 for accepting General Details.
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:
Function: D (Destroy) and enter Account No. and Press F4 Enter the Begin Cheque No. and No. of Leaves of existing Cheque Book Series. Then Press F4. The Current Status UNUSED of every leaf coverts in New Status as DESTROYED (as shown in above screen). Finally, Press F10 for commit. Verify above details first.
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: 120 Looking Beyond the Obvious!
Function: Z (Close) and enter Account No. and Press F4 In the field Trial/ Actual, if you put T- Trial and Pressed F4, so you can view how many charges will be towards account closure. And, if you put A-Actual and Pressed F4, so the system calculates the closure charges. Finally, Press F10 for commit. Verify above details first.
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.
CAAC
Go to the menu option CAAC and enter. The following screen will appear:
Function: Z (Close) and enter Account No. Then Press F4 In the field Run Int. Calc. Now? enter Y for Interest Calculation and Press F4. The following screen will appear:
In the above screen enter closure remark and Press F4 In Close Option enter P for posting the closure transaction and Press F4. Then Transaction Maintenance Screen will appear. Function: A (Add) and Press F4 Type/ Sub-type: C-NP or T-CI as case may be and Press F4 Enter Closure Account No. and Press F11, then the account balance will appear. Enter the whole amount of balance as payment. Enter Instrument Type, Number and Date and Press F4 Post the transaction (both debit and credit part-tran) and Press F10 for commit The DC number appears on screen.
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.
CAAC
Go to the menu option CAAC and enter. The following screen will appear:
Function: Z (Close) and enter Account No. Then Press F4 After appearing above details again Press F4. Then following Screen will appear:
Your curser will appear in Function: Z (Close). Now, Press F4 again. Then following Screen will appear:
Enter Repayment Account No., if given by customer else keep it blank. Press F4 for accepting the details. Then following screen will appear:
+ 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 Go to the menu option CAACAU and enter. Function: V (Verify) and enter Account No. Then Press F4 After appearing the 1st Screen accept the details by Pressing F4. Then Next Screen will appear.