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, Accrued Interest
Maturity: Maturity Amount, Maturity Date, Maturity Instruction, Payout instructions (if applicable)
Quick Links: Redemption, Edit Maturity Instruction , and Request Statement
Transactions

You are here How to reach here:

Dashboard > Toggle Menu > Accounts > Term Deposits > Overview > 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 (if nickname for the account is set by the user). 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 Core Banking Application.
Interest Rate	Rate of interest applicable for the term deposit.
Deposit Branch	Deposit branch address details.
Current Position
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 Core Banking Application). 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 Core Banking Application.
Deposit Certificate Number	Unique number as assigned by the host for the respective term deposit.
Accrued Interest	Interest accumulated till current date.
Last Interest Accrual Date	The date on which the last interest was accrued. This field will be displayed if there is any interest accrued.
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. The options can be: Close on Maturity (No Rollover) Renew Principal and Interest Renew Principal and Pay Out the Interest 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 Amountoption from the Maturity Instructions 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.
Transfer Account	Account number along with the account nickname to which the funds are to be transferred. On selecting Transfer Account, account related details get displayed like Account Holder's Name and Branch Details.
Internal Bank Account This section appears for Internal Bank Account.
Account Number	Account Number to which the funds will be transferred.
Domestic Bank Account This section appears for Domestic Bank 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 term deposit.
Account Number	Account number to which the funds will be transferred.
Bank Code	Destination Account’s bank code. On submitting Bank Code, Bank Address gets displayed based on provided Bank Code.
Transactions It displays the account activity.
Date	The date on which the transaction is processed.
Description	The brief description of the transaction.
Reference No	Reference number of transaction.
Amount	The debit/ credit amount of the transaction.

To view the term deposit account activity:

Click to search transactions, in Transactions section.
The Transactions screen to search specific transactions appears.
From the Select Account list, select the appropriate account.
Enter the appropriate search criteria.
Click Search . Based on search criteria search result appears.
OR
Click Reset to clear the entered details.
OR
Click Back to navigate to the previous screen.

Transactions -Search Criteria

Field Description

Field Name	Description
Select Account	Term deposit account number of user in the masked format.
Balance	Application displays the Account balance of the selected source account.
Search By	The transaction period. Options are: Current Month Previous Month Previous Quarter Select Date Range
Date From / Date To	The start and end date range of the transaction – for a date bound search. Start date cannot be greater than end date. This field appears if you select the Select Date Range option in the Search By list.
Reference Number	Reference number of transaction.
Transaction Type	The type of the transaction. Options are: All Credit Only Debit Only
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.
Amount	The debit/ credit amount of the transaction.

Click Download, to download transaction summary in a specific format.
Click on Pre-Generated Statement, to generate a pre-generated statement.
OR
Click Back to navigate to the previous screen.

You can also initiate following actions using Deposit Details- Quick Links section:

To redeem the term deposit, click Redemption.
To modify the maturity instruction, click Edit Maturity Instruction.
To request for statement, click Request Statement .

Pre-generated Statement

Pre-generated statements are statements that have been generated by the core banking application, for an account. Through this option, the user can view a statement that was generated previously – he may want to do this if he has missed a past statement for some reason. (Like accidentally deleting e-statements or misplacing his mail in case of a physical copy).

To download pre-generated statements:

In the Deposit Details screen, click the Pre-generated Statement to view the pre-generated statement.

The pop-up screen prompting you to download the pre-generated statement appears.

Field Description

Field Name	Description
Period
Year	The year of the pre-generated statement.
Month	The month of the pre-generated statement.
Statement Number	Statement number assigned to a statement.
From	Start date of the statement.
To	End date of the statement.
Download	Click the link to download the statement.

From the Period list, select the desired year and month of the pre-generated statement.
Click Search to search for the statement for the selected period.
Click on Download column (.pdf) to Save / Print the statement.

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