9 Term Deposit Transactions

A deposit with a fixed tenure is called a time deposit or Term Deposits (TD). You can open, redeem, and top-up a term deposit using the TD transactions.

This topic contains the following subtopics:

• TD Account Opening
  The Teller can use the TD Account Opening screen to open a term deposit account.
• TD Redemption Against Cash
  The Teller can use the TD Redemption Against Cash screen to initiate manual redemption of the cash from a term deposit account.
• TD Redemption Against Account
  The Teller can use the TD Redemption Against Account screen to initiate manual redemption of the cash from a term deposit account.
• TD Top-Up Against Account
  The Teller can use the TD Top-Up Against Account screen to initiate the top-up for a term deposit account.
• TD Top-Up Against Cash
  The Teller can use the TD Top-Up Against Cash screen to initiate the top-up for a term deposit account.