TERM Deposit

Term Deposit is a type of saving where the money is invested for a fixed period of time on which a fixed amount of interest is earned. Unlike regular saving account, interest earned in term deposit is higher. Application enables users to open and manage TDs through its entire life cycle.

The transactions available under the TD module:

Features Supported In Application

workflow

Pre-Requisites

Maintenances to be performed for accounts of the Primary Party & the Linked Parties, that the user needs to access either for enquiries or transactions.

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