2.3.1 Account Opening

You can simulate the Certificate of Deposit creation and then open the CD account by providing funds from Account and Ledger modes or combination of Account and Ledger modes using this screen.

This topic contains the following subtopics:

• Simulation
  You can add the basic CD details to simulate the interest and maturity value for the CD account.
• Payin Details
  You can specify or select the payin details for the CD account. The funding or payin options can be CASA, GL or a combination of CASA and GL (Multimode settlement). This funding option will be enabled based on the funding options maintained for the selected product.
• Payout Details
  You can add Interest or maturity instructions to be provided for the CD in this section. These instructions can be modified later before maturity.
• Additional Details
  You can add details for the joint holder and beneficiary for the CD account.