34 Joint Holder Maintenance

This topic describes the systematic instruction to update joint account details.A Customer can be the sole owner of the account he owns or it can be held jointly. Joint accounts are accounts that are shared between two or more individuals. They can be operated either singly or jointly.

However, Joint account holders share equal responsibility for charges or any other liability arising from holding such accounts.
  1. On the Homepage, from Account Services, under Maintenance, click Joint Holder Maintenance, or specify the Joint Holder Maintenance in the Search icon bar.
    Joint Holder Maintenancescreen is displayed.


    The fields which are marked in asterisk blue are mandatory.

    Figure 34-1 Joint Holder Maintenance

    Description of Figure 34-1 follows
    Description of "Figure 34-1 Joint Holder Maintenance"
  2. On the Joint Holder Maintenance screen, specify the fields.
    For more information on fields, refer to the field description table.

    Table 34-1 Joint Holder Maintenance - Field Description

    Field Description
    Account Number Enter the Account Number or click the search icon to view the Account Number pop-up window. By default, this window lists all the Account Numbers present in the system. You can search for a specific Account Number by providing Customer ID, Account Number, or Account Name and clicking on the Fetch button.

    Click the Search icon after providing the Account Number. If the account is already held jointly, Account Type, Mode of Operation, and Joint Holder Details are defaulted and the record is open for editing. If the account is held Singly, you can update the Joint Holder details for the first time.

    When users enter the account number, the customer information is displayed.

    Account Name Account Name is displayed by default based on the account selected.
    Account type Select the Account Type from the following:
    • Single
    • Joint
    Mode Of Operation If the account is individually owned, Account Type and Mode of Operation are defaulted to Single. Joint Holder Details multi-grid table does not display any record.

    If the account is jointly owned, the Account Type has defaulted as Joint. Mode of Operation has defaulted to any one of Jointly, Either Anyone or Survivor, Former or Survivor or Mandate Holder. Joint Holder Details multi-grid table will contain one or more than one record.

    Joint Holder Details The joint Holder Details screen can be used to either input Joint Holder details for the first time or to modify existing details of Joint Holding. The Joint Holder Details will display:
    • Customer Number
    • Customer Name
    • Joint holder Type
    • Start Date
    • End Date