Deposit Details

Using this option, the user can view the complete details of the TDTerm Deposit is a deposit accepted by bank, for a fixed term, from customers. A term deposit is a liability of a bank with fixed maturity period.. The key details shown as part of term deposit details are;

Investment: Original Principal Amount, Deposit Date, Value Date, Interest Rate, Deposit Branch
Current Position: Current Balance, Deposit Term, Hold Amount, Deposit Certificate Number
Maturity: Maturity Amount, Maturity Date, Maturity Instruction, Payout instructions
Quick Links: Redemption, Top Up, Edit Maturity Instruction , and Statement Request
Transactions

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Overview > Term Deposit Summary > Deposit Number > Deposit Details

Field Description

Field Name	Description
Select Account	Term deposit account number of user in the masked format. The account number could be of the users own PartyA party is any individual or business entity having a banking relationship with the bank. or any linked party accounts, that he has access to.
Product	Term deposit product under which term deposit account is opened.
Nickname	The user defined description or name of the term deposit accounts which will be displayed instead of the standard account description. Click , to add nickname , for more information click here.
Investment
Original Principal Amount	Original principal amount at the time of opening of term deposit account.
Deposit Date	Deposit Opening date of the TD.
Value Date	Value date of the deposit as maintained by the host.
Interest Rate	Rate of interest applicable for the term deposit.
Deposit Branch	Deposit branch address details.
Current Position Displays the current balance in term deposit account with respect to specified period in the form of chart. The details displayed in the chart will be based on the all transactions in term deposit account.
Current Balance	Current principal amount, that is the revised principal amount after top-up / partial redemption.
Deposit Term	Term of deposit in years, months and days for the respective product (as maintained by the host). The deposit term appears, if value is one or more than one for each of years/ months/ days for example: 5 Years, 4 Months, 10 Days.
Hold Amount	Hold amount for the term deposit as maintained at the host.
Deposit Certificate Number	Unique number as assigned by the host for the respective term deposit.
Maturity
Maturity Amount	Maturity amount of the term deposit.
Maturity Date	Maturity date set for the selected TD account.
Maturity Instructions	Maturity instructions set by the user for the selected TD account at the time of opening a TD. The options can be: Close on Maturity (No Rollover) Renew Principal And Interest Renew Principal and Pay Out the Interest Renew Interest and Pay Out the Principal Renew Special Amount and Pay Out the remaining amount
Special Amount	Special amount to be rolled over. This field appears if you select Renew Special Amount and Payout the Remaining Amount option from the Maturity Instruction list.
Pay to	Account transfer options. The options are: Own accounts Internal Bank Account Domestic Bank Account This field does not appear, if you select Renew Principal and Interest option from the Maturity Instructions list.
Own Account This section appears for Own Account.
Beneficiary Name	BeneficiaryA person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. name of the TD.
Account Number	Account Number to which the funds will be transferred.
Bank Name	Name of the beneficiary bank.
Bank Address	Address of the beneficiary bank.
City	City of the beneficiary bank.
Internal Bank Account This section appears for Internal Bank Account.
Account Number	Account Number to which the funds will be transferred.
Branch	The list of branches of the home bank for selection.
Branch Address	Address of the selected branch.
Domestic Bank Account This section appears for Domestic Bank Account.
Beneficiary Name	Beneficiary name of the term deposit.
Account Number	Account number to which the funds will be transferred.
Bank Code	Destination Account’s bank code.
Bank Name	Name of the beneficiary bank.
Bank Address	Address of the beneficiary bank.
City	City of the beneficiary bank.
Transactions It displays the account activity.
Date	The date on which the transaction is processed.
Description	The brief description for the transaction.
Reference Number	Reference number of transaction.
Amount	The debit/ credit amount of the transaction.

To view the term deposit account activity:

From the Select Account list, select the appropriate account.
The term deposit activity details appears on screen.
Click to search transactions.
Enter the search criteria.
Based on search criteria search result appears.

Transactions -Search Criteria

Field Description

Field Name	Description
Reference Number	Reference number of transaction.
Transaction Type	The type of the transaction. Options are: All Debit Only Credit Only
Search By	The transaction period. Options are: Current Period Previous Month Previous Quarter Select Date Range
Time Range	The start date of the transaction for the search criteria. The end date of the transaction for the search criteria. Start date cannot be greater than end date. This field appears if you select the Select Date Range option in the Search By list.
Amount From	The minimum amount for the search criteria.
Amount To	The maximum amount for the search criteria
Search Result
Date	The date on which the transaction is processed.
Description	The brief description for the transaction.
Reference Number	Reference number of transaction.
Type	The debit/ credit indication for the transaction.
Amount	The debit/ credit amount for the transaction.

You can also initiate following actions using Quick Linkssection:

To redeem the term deposit, click Redemption.
To top-up (add additional amount) the deposit, click Top Up.
To modify the maturity instruction, click Edit Maturity Instruction.
To request for physical statement, click Statement Request.

FAQs

Can I modify the term deposit details?

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