9.1.4 Add Interest Details

The Interest Detail data segment is used to add the details of the interest for the TD.

The prerequisites are as follows:
  1. Make sure that the deposit details are added to the TD Account Opening screen. For more information, refer to TD Account Opening.

  2. Specify the funding details. For more information, refer to Add Funding Details.

  3. Specify the details of the joint holders. For more information, refer to Add Joint Holders Details.

  4. Specify the payout details. For more information, refer to Add Payout Details.

  5. After you specify the payout details, click on the Interest Detail data segment.
To add the interest details:
On the Interest Detail data segment, specify the fields. For more information on fields, refer to the field description table.

Note:

The fields, which are marked with an asterisk, are mandatory.

Table 9-5 Interest Detail - Field Description

Field Description

Product Details

Displays the details of the deposit product.

Select

Select the check box to populate the Effective Date.

Waiver

Displays the waiver applicability (Y or N).

Product Status

Displays the product status code.

Continue Variance on Rollover

Displays the following applicability of variance:

  • Y – If the variance is to be continued on rollover.

  • N – If the variance is not continued on rollover.

Effective Date

Displays the effective date of the deposit product.

Select

Select the check box to populate the user-defined values.

Date

Displays the effective date.

Status

Displays the product status.

User Defined Values

Displays the user-defined values of the deposit product.

Element

Displays the element code. You can edit the value based on the requirements.

Value

Displays the value. You can edit the value based on the requirements.

Rate Code

Displays the rate code. You can edit the value based on the requirements.

Deposit Rate Code

Displays the deposit rate code. You can edit the value based on the requirements.

Variance

Displays the variance. You can edit the value based on the requirements.