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

3.3 TD Payout Modification

You can view or modify the payout instructions maintained during the TD account opening using this screen. Also, you can create new payout instruction, if no instructions are maintained for the TD account.

To view the TD payout modification details:

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 Payout Modification, or specify Payout Modification in the search icon bar and select the screen.

    The TD Payout Modification screen is displayed.

    Figure 3-7 TD Payout Modification

    Description of Figure 3-7 follows
    Description of "Figure 3-7 TD Payout Modification"
  2. On the TD Payout Modification screen, specify the account number in the Account Number field.
    The details are displayed.

    Figure 3-8 TD Payout Modification Details

    Description of Figure 3-8 follows
    Description of "Figure 3-8 TD Payout Modification Details"
  3. You can view the payout details of the TD account.For more information on fields, refer to the field description table.

    Table 3-4 View TD Payout Details – Field Description

    Field Description

    Account Number

    		 Specify the account number for performing the block.

    Note:

    The account holder's name is also displayed adjacent to the field.

    Deposit Details

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

    Maturity Details

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

    Status
    Displays the status of the TD account. The possible options are:
    • Active
    • Overdue
    • Closed

    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.

    Term Deposit Payout Instructions

    This section displays the existing payout instructions of the TD account.

    Component
    Displays the component of payout. The possible options are:
    • Principal
    • Interest
    • Principal & Interest
    • Rollover Principal
    • Rollover Interest
    • Rollover Principal & Interest

    Mode
    Displays the mode of payout. The possible options are:
    • Account
    • Term Deposit
    • Auto Rollover
    • Banker's Cheque
    • Demand Draft
    • Ledger
    Description

    Displays a brief description of the payout.

    Note:

    Based on the payout mode, the description is displayed. The description according to the mode are as follows:
    • Account – Account Number & Account Name
    • Term Deposit – Product Name, Tenor
    • Auto Rollover – Tenor
    • Banker’s Cheque & Demand Draft – Banker’s Cheque / Demand Draft Payable at <Branch Name>
    • Rollover with Additional Funds – Tenor, Additional Amount, Account Number, Amount
    • Ledger – Ledger Code, Ledger Name
    Percentage

    Displays the percentage of payout.
    Amount

    Displays the TD payout amount.

    Note:

    For Interest component, this field displays Available on Payout text.
    Actions

    Click the View icon, to more details of the payout. For more information, refer View TD Payout Modification.

    Click the Edit icon, to edit the payout details. For more information, refer Modify TD Payout Modification.

    Click the Delete icon, to delete the payout details.

  4. Click Submit.
    The screen is successfully submitted for authorization.

Parent topic: TD Maintenances