1.1.1.4.3 Term Deposit Product Preferences
This topic describes the term deposit product preferences details.
If the Product Category is selected as Individual to configure term deposit product preferences:
Figure 1-9 Business Product Preference – Term Deposit Product
Table 1-9 Business Product Preference – Term Deposit Product- Individual
Field Name | Description |
---|---|
Common Configuration | Specify the common configurations for the business product. |
Residential Status Allowed |
Select the option for which the business product is applicable for. Available options are:
|
Customer Status Allowed |
Select the option for which the business product is applicable for. Available options are:
|
Currency Allowed | Select the currency or currencies that are allowed for the business product. System allows to select multiple currencies, if applicable. |
Minimum Age |
Specify the minimum age of the applicant who are eligible to open the account for the business product being created. Select the period from the drop-down box. Available options are:
|
Maximum Age |
Specify the maximum age of the applicant who are eligible to open the account for the business product being created. Select the period from the drop-down box. Available options are:
|
Inactive Application Expiry Period |
Specify the period after which the application must be marked as Expired. Select the period from the drop-down box. Available options are:
Once the application has expired, no further lifecycle activity can happen for that application. |
Branch |
Select one of the following options:
|
Capture Financial Details | Specify whether you need to capture financial details for this business product. |
Allowed Applicant Roles | Specify the applicant roles that are allowed to apply this product. |
Customer Category |
Select one of the following options:
The system allows to select Disallowed and keep it blank so that the Business Product is allowed for all the branches. |
Configuration for Term Deposit Products | Specify the configurations for the term deposit. |
Funding Threshold Preferences | Specify the funding threshold preferences for term deposit product. |
Term Deposit Currencies | Displays the currency based on the Currency Allowed configured in the Common Configuration tab above. |
Minimum Term Tenure Basis |
Select the minimum term tenure. Available options are:
|
Minimum Term | Specify the minimum tenure of the term deposit for the selected currency. |
Maximum Term Tenure Basis |
Select the maximum term tenure. Available options are:
|
Maximum Term | Displays the maximum tenure of the term deposit for the selected currency. |
Minimum Amount | Displays the minimum amount of the term deposit for selected currency. |
Maximum Amount | Displays the maximum amount of the term deposit for the selected currency. |
Banking Channels | Select to indicate if multiple banking channels are allowed for the account. |
Channels Allowed |
Select the channels that are allowed to the account. The available options are:
This field appears if the Banking Channel toggle is selected. |
Auto Rollover | Select to indicate if auto rollover is allowed for the account. |
If the Product Category is selected as Small and Medium Business:
Figure 1-10 Business Product Preference – Term Deposit Product (SMB)
Table 1-10 Business Product Details – Field Description
Field | Description |
---|---|
Common Configuration | Specify the common configurations for the business product. |
Business Demography |
Select the option for which the business product is applicable for. Available options are:
|
Currency Allowed | Select the currency or currencies that are allowed for the business product. System allows to select multiple currencies, if applicable. |
Inactive Application Expiry Period |
Specify the period after which the application must be marked as Expired. Select the period from the drop-down box. Available options are:
Once the application has expired, no further lifecycle activity can happen for that application. |
Branch |
Select one of the following options:
|
Allowed Applicant Roles | Specify the applicant roles that are allowed to apply this product. |
Customer Category |
Select one of the following options:
The system allows to select Disallowed and keep it blank so that the Business Product is allowed for all the branches. |
Configuration for Term Deposit Products | Specify the configurations for the term deposit. |
Funding Threshold Preferences | Specify the funding threshold preferences for term deposit product. |
Term Deposit Currencies | Displays the currency based on the Currency Allowed configured in the Common Configuration tab above. |
Minimum Term Tenure Basis |
Select the minimum term tenure. Available options are:
|
Minimum Term | Specify the minimum tenure of the term deposit for the selected currency. |
Maximum Term Tenure Basis |
Select the maximum term tenure. Available options are:
|
Maximum Term | Displays the maximum tenure of the term deposit for the selected currency. |
Minimum Amount | Displays the minimum amount of the term deposit for selected currency. |
Maximum Amount | Displays the maximum amount of the term deposit for the selected currency. |
Banking Channels | Select to indicate if multiple banking channels are allowed for the account. |
Channels Allowed |
Select the channels that are allowed to the account. The available options are:
This field appears if the Banking Channel toggle is selected. |
Auto Rollover | Select to indicate if auto rollover is allowed for the account. |
Common Configuration | Specify the common configurations for the business product. |
- Click Next in Business Product Host Mapping screen to proceed with next data segment, after successfully capturing the data.
- Specify the details in the relevant data fields. The fields which are marked with Required are mandatory. For more information on fields, refer to the field description table.