Create Branch Parameters

This topic describes the systematic instructions to configure the interest and charges at branch level parameters.

Note:

The fields marked as Required are mandatory.
  1. On Home screen, click Corporate Account Configurations. Under Corporate Account Configurations, click Interest and Charges.
  2. On Home screen, click Retail Account Configurations. Under Retail Account Configurations, click Interest and Charges.
  3. On Home screen, click Retail Deposits. Under Retail Deposits, click Configurations. Under Configurations, click Interest and Charges.
  4. Under Interest and Charges, click Branch Parameters. Under Branch Parameters, click Create.
    The Create screen displays.

    Figure 1-1 Create Branch Parameters


    Description of Figure 1-1 follows
    Description of "Figure 1-1 Create Branch Parameters"

  5. Specify the fields on Create screen.

    For more information on fields, refer to the field description table.

    Table 1-1 Create Branch Parameters - Field Description

    Field Description
    Branch Code Click Search icon and select the branch code, if needed. The Branch code of the current branch is defaulted.
    Accrual on Holidays If enabled the system posts a consolidated accrual entry for the holiday period.
    Process Till Select the date till when the user need to process interest.
    The available options are:
    • System Date – Select if the user need to process till system date.
    • Next Working Day - 1 – Select if the user need to process till next working day.
    Intraday Required Switch On/Off the toggle to enable/disable intraday processing of accounts.
  6. Click Save to save the details.