3.1 Account Opening

You can simulate the Term Deposit creation and then open the TD account by providing funds from Account, Cheque and Ledger modes or combination of Account and Ledger modes using this screen.

This topic contains the following subtopics:

• Simulation
  You can add the basic TD details to simulate the interest and maturity value for the TD account.
• Payin Details
  You can specify or select the payin details for the TD account selected. The funding or payin details can be added by different modes, like Account, GL, Cheque (Single mode settlement) or a combination of Account & GL (Multimode settlement).
• Payout Details
  You can add Interest or maturity instructions to be provided for the TD in this section. These instructions can be modified later before maturity.
• Additional Details
  You can add details for the joint holder and nominee for the TD account.