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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