Goal Category maintenance allows the system administrator to create, modify or expire goal categories. For each of the Goal Category, system administrator shall be able to map the Product under which the goals will be opened. This maintenance is done only for retail type of parties and is not applicable for corporate type of parties. Any time there can be a maximum of 10 categories available and each will have a unique category code.
Administrator created categories needs to be linked with a product which will decide the other key parameters which will govern the Goal category. These parameters would be:
Prerequisites
Workflow
Features Supported In Application
Goal category maintenance available for bank system administrator include
How to reach here:
Administration Dashboard > Goal Category Maintenance
Using this option, system administrators can search the existing goal category already created. The search result displays matching results of the goal categories based on search criteria entered.
If the search parameters are not specified, then it displays all the records. The search criteria comprises of two parameters:
Category code will be a unique code which can be used by administrator to distinguish Goals which can vary on the product mapped.
To search a goal category:
Field Name |
Description |
---|---|
Category Code |
Unique id maintained for the category for internal search for bank administrator. |
Category Name |
Name of the category. |
Search Results |
|
Category Code |
Category code of the searched goal(s). |
Category Name |
Name of the searched category. |
Product Type |
Type of product mapped to the category under which the goals are opened. |
Product |
Name of the product which is mapped to the category. |
Status |
Status of the category, whether it is active or expired. |
Using this option, the system administrator can view the goal categories which already exist.
To view a goal category:
Using this option, the system administrator can create new goal categories and sub categories.
To create a goal category:
Field Name |
Description |
---|---|
Category Code |
Unique id maintained for the category for internal search for bank administrator. |
Category Name |
Name of the category to be created. The set of transactions are grouped under certain category name. |
Expiry Date |
Expiry date of the goal category. If the expiry date reaches, the user will not able to view the category. |
Category Image |
Image of the category for which category to be created. |
Product Mapping |
|
Product |
Name of the product to be mapped to the category under which the goal shall be opened. Bank maintains different products based on the category of the goal. |
Product Details |
|
Initial Funding Limit |
The initial amount that the user is investing for his goal. It must be within the limits as suggested by the product mapped. |
Tenure |
The period of the goal created should fall within this range. |
Currency |
The currency with which a goal can be created. |
Interest Rate |
Click the View Interest Rates hyperlink to view the interest rate slab. Interest rate slab is set for the particular tenure, and is displayed according to the amount selected. |
Top Up Allowed |
Whether top up for the goals allowed or not. |
Partial Withdrawal Allowed |
Whether partial withdrawal of the goals allowed or not. |
Using this option, system administrator can modify the goal details at any time during the tenure of the goal. You can edit Category Name, Expiry Date and Interest Rate fields.
To edit or update a goal category:
FAQs
Can I create a category with unique category code but a common category name?