1. Deposit Services User Guide
  2. TD Maintenances
  3. TD Account Modification

3.4 TD Account Modification

You can modify certain attributes of the TD. Also, the account description and interest rates. Based on customer's request or otherwise, you can change the account description or interest rates associated with the account.

To perform the account modification:

Note:

The fields, which are marked with an asterisk, are mandatory.
  1. On the Homepage, from the Deposit Services mega menu, under Term Deposits and Maintenance, click Account Modification, or specify Account Modification in the search icon bar and select the screen.

    The TD Account Modification screen is displayed.

    Figure 3-23 TD Account Modification

    Description of Figure 3-23 follows
    Description of "Figure 3-23 TD Account Modification"
  2. On the TD Account Modification screen, specify the account number in the Account Number field.
    The details of the modification is displayed.

    Figure 3-24 TD Account Modification Details

    Description of Figure 3-24 follows
    Description of "Figure 3-24 TD Account Modification Details"
  3. You can view the account modification details.For more information on fields, refer to the field description table.

    Table 3-14 TD Account Modification – Field Description

    Field Description

    Account Number

    		 Specify the account number for performing the block.

    Note:

    • The account holder's name is displayed adjacent to the field.
    • The customer information is displayed at the right of the screen.
    Status
    Displays the status of the TD account. The possible options are:
    • Active
    • Overdue
    • Closed

    Deposit Details

    Displays the principal balance, the rate of interest, and the tenor of the TD account.

    Maturity

    Displays the amount due to the customer on maturity and the maturity date.

    Reinvested Interest or Interest Paid

    		 Displays the amount and currency for the reinvested or paid out interest.

    Note:

    • If the interest if of reinvest type, then the field name is displayed as Reinvested Interest.
    • If the interest if of paid out type, then the field name is displayed as Interest Paid.

    Tax Deducted

    Displays the tax amount deducted till date.

    Account Description
    Specify the description for the account.

    Note:

    By default, a description is displayed. You can edit, if required.
    Interest Rate This section displays the interest rate details.
    Effective Date Displays the date from which the interest rate is effective.
    Status Displays the status of the interest.
    Action

    Click Mark as Closed, to close the interest rate.

    Click View Details, to view the user defined values.

    User Defined Values This section displays the user defined values details.

    Note:

    This section is displayed if you click View Details from the Action field.
    Element Displays the element details.
    Value Displays the user defined value.
    Rate Code Displays the rate code for the user defined value.
    Deposit Rate Code Displays the deposit rate code for the user defined value.
    Variance Displays the variance for the user defined value.
    Action

    Click the Edit icon, to edit the user defined value details.

    Click the Delete icon, to delete the user defined value entry.

    Click the Tick icon icon, to confirm the edited details. This icon is displayed, only after you click the edit icon.

    • In the Interest Rate and User Defined Values section, click the Add icon, to add a new row.
  4. Click Submit.
    The screen is successfully submitted for authorization.

Parent topic: TD Maintenances