Trail Closure Overview in DOP Finacle

Trail Closure of Savings Accounts

The trail closure is useful to know the maturity amount of the Customer Account.  Using trail closure Operator can obtain the total amount for the completed / required period.

In DOP finacle the trail Closure is very helpful for the BO account Closure. Operator can invoke the trail closure menu and do the trail closure of required scheme and generate the report then send to the branch Office. The trail closures are available in the following scheme.

Account
Description
Account Type ( in Finacle)
MIS/TD/SCSS
The term deposit products with periodic interest payout.
TD
NSC/KVP 
Certificate products
TD
SBA
Savings Bank account
SB
PPF
Public provident Fund account
SB
RD
Recurring Deposit
RD

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