Interest certificates

An interest certificate is a summary of the interest credited or debited on an account. Banks issue interest certificates against accounts held by users, so that they can ascertain how much interest they have gained on their balances in their CASACurrent Account or Savings Accounts are operative accounts through which account holders perform day to day operations such as deposits and withdrawal of money. or deposit accounts, or how much interest they have paid on their loans.

Interest certificates are widely used to complete tax returns.

Using this option, the user can view and download interest certificates for current and savings accounts, deposits (Term Deposits and Recurring Deposits) and loans.

Note: Interest certificates prior to 3 years are not available.

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Toggle Menu > Interest Certificates

To generate Interest Certificates:

Select the Current and Savings or Deposits or Loans tab.

Field Description

Field Name	Description
Select Interest Certificate for	The option to specify whether the interest certificate is to be generated for a specific account or for all accounts of the specific account type. The options are: Specific Account All Accounts
Account Number	Select the account number for which the interest certificate to be generated. This field is enabled if you have selected the Specific Account option in the Select Interest CertificateInterest Certificate is a statement of interest amount earned by the customer or charged to the customer for a date range. for field
Balance	The net balance in the selected account. This value is displayed below the Account Number field once an account number is selected
Period	Define a period for which the interest certificate to be generated. The options are: Financial Year Duration
Financial Year	The financial year for which the interest certificate for the account/s is to be generated. This field is enabled if you have selected the Financial Year option in the Period field. Note: Interest certificates prior to 3 years are not available.
From Date	The start date of the date range from which interest certificate to be generated. This field is enabled if you have selected the Duration option in the Choose a period for generating Interest Certificate field.
To Date	The end date of the date range till which interest certificate is to be generated. This field is enabled if you have selected the Duration option in the Choose a period for generating Interest Certificate field. .

In Select Interest Certificate for field, select appropriate option for which the interest certificate to be generated
If you have selected Specific Account;
From the Account Number list, select the account for which interest certificate is required. The Net Balance of selected account gets displayed.
If you have selected All Accounts;
The interest certificate will be generated for all the associated current and savings accounts.
In the option to choose a period, select the appropriate option.
If you have selected Financial Year;
From the Financial Year list, select the financial year of choice.
If you have selected Duration;
From the From Date list, select the start date of the date range from which to generate the interest certificate.
From the To Date list, select the end date of the date range up-to which the interest certificate is to be generated.
Click View to view the interest certificate/s for the specified period.
OR
Click Back. The previous screen appears.

Field Description

Field Name	Description
The following fields are displayed as records for interest certificates generated for the account/ s:
Account Number	The account number of the customer for which the interest certificate has been generated.
Product Type	The product type of the account for which interest was credited/ debited.
Date	The date on which interest was credited/ debited in the account.
Interest Credited	The amount of interest which was credited in the account. This field is displayed for Current and Savings and Deposits accounts.
Interest Paid	The amount of interest which was debited from the account. This field is displayed only for Loan accounts.

Click to download the interest certificate for accounts in .pdf format.
The Interest Certificate generated is password protected.
Click the Back to Dashboard link to navigate back to the dashboard.

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