GOAL DETAILS

Retail users can manage goals through this option. The Goal Details screen displays the details such as the current amount in the goal, maturity date of the goal and the progress bar displaying the current achievement in percentage with respect to the goal amount set.

The user can also perform the following tasks from this page:

View/ Edit: By default this option is selected on landing the goal details screen. This option allows the user to view and edit the created goal.
Contribute: This option enables the user to add funds to a goal. Clicking on this link will open the fund goal screen from which the user can fund his goal.
Withdraw: This option enables the user to partially redeem or fully withdraw and close a goal.
Transactions: This option enables the user to view all the goal related transactions.

You are here How to reach here:

Dashboard > Goals > More Options > Manage Goals > My Goals > View Details > Goal Details
OR
Dashboard > Toggle Menu > PFM > Goals > My Goals > View Details > Goal Details

View/ Edit Goals

Using this option, user can view and modify the goal details at any time during the tenure of the active goal.

Goals Details - View

Field Description

Field Name	Description
Goal Name	The name of the selected goal is displayed at the top of the screen.
Goal Image	The image of the goal.
Current Value	The current amount in the goal account.
Maturity Date	The date on which the goal will be completed.
Achieved	The progress bar displaying the percentage of goal achieved.
Name your Goal	The name of the goal.
What is your Goal Amount?	The target amount of the goal.
Maturity Instructions	The maturity instructions as defined at the time of goal created and are displayed in this section.
How would you like the account transfer?	The account transfer option for receiving the goal amount on completion of tenure. The options are: To My Mapped Accounts Internal Bank Account Through Domestic Clearing Network

To edit the goal detail:

Click Edit .The Goal Details screen appears in editable mode.
OR
Click Cancel to cancel the transaction.
OR
Click the Back to Dashboard link to navigate to the dashboard.

You can also perform following account related transactions:

To contribute to the goal, click Contribute.
To redeem the goal, click Withdraw.
To view the goal transactions, click Transactions.

Goal Details - Edit

Field Description

Field Name	Description
Goal Name	The name of the selected goal is displayed at the top of the screen.
Goal Image	The image of the goal. Click to change the goal image.
Current Value	The current amount in the goal account.
Maturity Date	The date on which the goal will be completed.
Achieved	The progress bar displaying the percentage of goal achieved.
Edit
Name your goal	The name of your goal to be edited.
What is your Goal Amount?	The target amount of the goal.
How would you like the account transfer?	The account transfer option for receiving the goal amount on completion of tenure. The options can be: To My Mapped Accounts Internal Bank Account Through Domestic Clearing Network
The following field is displayed if you select To My Mapped Account option from the How would you like the account transfer? list.
On maturity, money should be transferred to which account?	The account number to which the amount is to be transferred after completion of goal.
Below fields appears if you select Through Domestic Clearing NetworkAn electronic funds transfer network, such as PULSE, that links financial institutions and their cardholders to ATMs and merchant point-of-sale (POS) terminals to complete an electronic financial transaction. option from the How would you like the account transfer? list.
What would be the network type?	The applicable domestic clearing networks.
Please mention the Beneficiary Name	The name of the beneficiary to whom funds are to be transferred.
Please tell us the Bank Code	The destination account’s bank code.
The following fields are displayed if you select Internal Bank Account option from the How would you like the account transfer? list.
On maturity, money should be transferred to which account?	The account number to which the amount has to be transferred after completion of goal.
At what frequency would you contribute for this Goal?	The frequency of the regular contributions by setting up Standing Instructions. The options are Quarterly Monthly Weekly
How much would you like to contribute to this Goal?	The amount to be contributed towards the goal.
Which will be the contribution Start date?	The start date from which the regular contributions will be executed.
Which will be the contribution End date?	The end date until which the regular contributions will be executed.
Account Number	The account number from which funds will be credited to the goal.
Balance	The balance amount in the account from which funds will be credited to the goal.

Edit the required goal details.
Click near goal image to change it. You can then browse to choose an image of your own and save it.
Click Save to save the changes.
OR
Click Start Transfer to start contributing to your goal.
OR
Click Cancel to cancel the transaction.
OR
Click the Back to Dashboard link to navigate to the dashboard.
The success message appears on the Goal Details screen appears and dis appears after few seconds.
Click the Back to Dashboard link to navigate to the dashboard.

Goals Details - Contribute

The user can fund a goal using this option. Contribution to the goal can be made by transferring funds from an internal account. The user can contribute to a goal any number of times during the tenure of the goal.

Field Description

Field Name	Description
You can contribute to your Goal as and when you plan to. This will help you achieve this goal faster.
How much would you like to contribute to this Goal?	The amount to be contributed towards the goal.
Funding Account Number	The account number from which funds will be debited for the goal.

To fund or contribute to your goal:

In the How much would you like to contribute to this Goal? field, enter the amount to be contributed.
From the Funding Account Number list, select the appropriate account number.
Click Contribute to fund the goal.
OR
Click Cancel to cancel the transaction.
OR
Click the Back to Dashboard link to navigate to the dashboard.
The screen prompting you to confirm the contribution amount appears; click Yes, Proceed to confirm the contribution.
OR
Click No, do not proceed if you do not want to contribute to the goal.
The success message appears on the Goal Contribute screen with contribution amount and current goal value.
Click the Back to Dashboard link to navigate to the dashboard.

Goals Details - Withdraw Goal

Using this option, the user can withdraw from the goal account partially or fully. If the user performs a partial redemption, the goal balance gets reduced to the extent of the amount withdrawn’. On full redemption, the goal account gets closed.

Field Description

Field Name	Description
Following message is displayed on this page: You can withdraw amount from your Goal Account as and when you plan to. Please provide us with the redemption details.
My Current Goal Value	The current balance in the goal (including the earned interest).
What would be the nature of your withdrawal?	The type of redemption. The options are: Partial Full
How much would you like to withdraw from the Goal Account?	The amount to be redeemed from the saved value.
How would you like the account transfer?	The account transfer option for withdrawing the goal amount which was chosen while setting up the Goal or edited later. This cannot be modified while redemption. The options can be: To My Mapped Accounts Internal Bank Account Through Domestic Clearing Network Additional fields in which the user can specify account details will be displayed in the same manner as that of the Create Goal and Edit Goal screens, once a selection is made.

To redeem /withdraw your goal:

In the What would be the nature of your withdrawal? field, select the appropriate option:
If you select Partial option, in the How much would you like to withdraw from the Goal Account? field, enter the amount value.
Select Full option, if you want to withdraw all the amount and close the goal.
Click Withdraw to redeem the goal amount.
OR
Click Cancel to cancel the transaction.
OR
Click the Back to Dashboard link to navigate to the dashboard.
The screen prompting you to confirm the amount withdrawal is displayed; click Yes, Proceed to confirm the withdrawal.
OR
Click No, do not proceed if you do not want to withdraw funds from your goal.
The success message of withdrawal amount is displayed on Goal Withdraw screen.
Click the Back to Dashboard link to navigate to the dashboard.

Goals Details - Transactions

Using this option, user can view all the transactions that have taken place with regards to a goal. The user shall be able to view the transactions that have been performed on an active or open goal.

The goal transaction page displays the date of transaction, description of transaction, type of transactions (i.e. Debit or Credit) amount and reference number.

Field Description

Field Name	Description
You can view all the goal related financial transactions here.
Date	The date on which the transaction has been done.
Description	Details of the transaction such as remarks entered by user. Example: The account number from which funds has been credited to the goal etc.
Type	Type of transaction that is credit or debit.
Amount	The amount credited or withdrawn with currency into the goal account.
Reference Number	The system generated reference number of each goal transaction will be displayed against each transaction record.

Click the Back to Dashboard link to navigate to the dashboard.

FAQs

Can I edit my Goal amount?

Can I change the maturity instructions of my goal after it has been created?

Can I stop my standing instructions set for a goal?

How much can a user withdraw from a goal account?

What happens to the interest accrued in my Goal account if I withdraw some amount?

Can a goal be funded from an account of a different currency than that of the goal account?

Are the interest components added to my Goal account also visible in the Goal Details page?

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