Term Deposit

­­­­­­­­ Term deposit menu allows you to create and maintain term deposit accounts. These accounts can be created under the various Term Deposit Products that you have maintained. Based on the Product defined, the account level details are defaulted, with options to modify several parameters for specific accounts, subject to Restrictions as defined in the Product. Thus, it combines ease of maintenance with flexibility to suit the specific needs of each deposit account.

The following are the various tabs that appear on the Term Deposit page:

• Overview

• Profile

• Status

• Event

  • Past

  • Current

  • Future

• Amount Block

• Beneficial Ownership

• Categorisation

• Communication

  • Preferences

  • Log

  • Recipients

• Document

• Interest Payable

• Linked People

• Nomination Details

• Passbook

• Reminder Preferences

• Reward

• Settings

• Signatory

• Statements

• Term Deposit Certificate

• Custom Field

Adding a Term Deposit Account

To add a Term Deposit account,

1. From Retail menu, click Account then Term Deposit, and then click Maintain. The Term Deposit Search page appears.

2. Click Add. The New Term Deposit → Profile (1/4) page appears.

3. Click Client. The Client search page appears where you can search for a Client with relevant criteria and select the required Client. You can also select the Client from the list of Clients displayed by Aura by inputting the Client Name.

4. Origin branch will be defaulted based on the Branch into which you are logged in.

5. Select the Account branch from the drop-down list of active branches to indicate the Branch in which the Account will be maintained. By default, the logged in user's branch is shown, but the same may be changed.

6. Select the Service delivery channel for the account from the drop-down list maintained under Admin > System codes > Categories > Service delivery channel.

7. Select the Currency from the drop-down list of active GL currencies maintained under General Ledger > Settings > Currency.

8. Enter the Agreement number, if any, for the term deposit account.

9. Enter the Deposit Amount.

10. Select Term or Maturity date radio button to Choose deposit term by. If you want to indicate the deposit's term by way of a specific duration / period, choose Term. If you want to indicate the deposit's term by way of a specific maturity date, choose Maturity date.

Note: The option selected here is used only for the limited purpose of arriving at the Maturity Date or deriving the Term Days as explained in the subsequent points. Once these are arrived at, the option chosen here is not considered for any other purpose.

11. Term denotes the period / duration of the deposit account and depends on what was selected for Choose Deposit Term By above.
    • If you had selected Term, this field is enabled, and you can input the number of days for the deposit.
    • If you had selected Maturity date, this field is disabled and is automatically calculated as Maturity date minus Value date.

Note: The Term provided here will change automatically when the Funding Method = Debit from Account and the Client Account cannot be debited on the given Value Date and Retry Days have been provided. You can also change the Term during Edit of the Settings Tab, before the Account Status moves to Activated Approved, subject to the Choose Deposit Term By.

12. Select the required Value date for the term deposit. By default, Aura will display the current business date, but you may change the value date to either a future or past date, provided the same falls within an Accounting Period that is currently Open.

Note: The Value Date provided here will change automatically when the Funding Method = Debit from Account and the Client Account cannot be debited on that Value Date and Retry Days have been provided. You can also change the Value Date during Edit of the Settings Tab, before the Account Status moves to Activated Approved.

13. Maturity date denotes the date when the term deposit account will mature and depends on what was selected for Choose Deposit Term By above.
    • If you had selected Term, this field is not editable. Aura automatically calculates it as Term days plus Value Date.
    • If you had selected Maturity date, this field is enabled and is mandatory. You need to input a date greater than the Value Date as well as the current booking date.

Note: The Maturity Date provided here will change automatically when the Funding Method = Debit from Account and the Client Account cannot be debited on the given Value Date and Retry Days have been provided. You can also change the Maturity Date during Edit of the Settings Tab, before the Account Status moves to Activated Approved, subject to the Choose Deposit Term By.

15. Based on the combination of Amount of deposit + Currency + Term + Branch + Client + Offering (Branch, Offering, Client are maintained under Availability tab in Term deposit product), Aura will display a list of active Term Deposit Products that are maintained under Retail > Settings > Product. Select the required Product from the list.

16. Input how the account number has to be generated in Generate account number. If you want to auto-generate the account number, choose Next in sequence. If you want to give a specific account number for this account, choose pre-assigned number. In case of the former, Aura will generate account number internally using the account number mask maintained at the entity level. In case of the latter, you need to input the account number in the next field. The account number is unique across the Entity.

17. If you select pre-assigned number in the above field, the next field Account Number will be enabled where you can enter an Account number. Aura will validate the entered account number against the Client account mask format defined at the Entity level as well as check whether it is unique across the Entity. However, if you select Next in sequence, this field is disabled as Aura will generate the Account number internally based on the Client account mask format defined at the Entity level.

18. Enter the Account name. This name will be used for the account.

19. Enter the Account usage, i.e. the purpose of the account.

20. Select the Campaign code from the available drop-down list as maintained under CRM > Sales > Campaign.

21. Select Sourced by from the drop-down list maintained under Admin > Users > Maintain.

22. Click Next. The New Term Deposit -- Settings (2/4) page appears. Based on the Restrictions that have been set up at the Product, fields and drop-down values will be enabled.

22. Select the Funding method from the drop-down list. This denotes the method in which the amount is to be transferred for opening term deposit. The following are the options available in Aura:

• Debit From Account

• Transfer From Other Bank

• Cash

The funding options are displayed based on the value date entered:

• If you enter a past date as the value date you will see only the option Debit From Account. Aura will allow you to post back dated transaction for previous period only if the accounting period for the same is open.

• If you enter the current business date as value date you will see all the above options.

• If you enter a future date as the value date you will see the options Debit From Account and Transfer From Other Bank.

This field can not be edited once the Term Deposit Account is created.

23. From Client depends on the Funding Method chosen.

• If you have chosen Debit From Account as the Funding Method, From Client is enabled. The Client will be defaulted to the Client selected in the previous Step (i.e., Step 1). To change the Client, click From Client hyperlink to see the Client Search popup. All the active Clients will be displayed, and you can select the required Client.

• If you have chosen Transfer From Other Bank or Cash as the Funding Method, this field is disabled.

This field cannot be edited once the Term Deposit Account is created.

24. From account depends on the Funding Method chosen.

• If you have chosen Debit From Account as the Funding Method, From account is enabled. Click From Account hyperlink to see the Client Account Search screen. You will see the selected Client's Client accounts whose Account Status is Activated or any other user-defined status, whose Account Currency matches with the term deposit account currency and where the Disallow Debit has not been checked.

• If you have chosen Transfer From Other Bank as the Funding Method, you need to enter the bank account from where the funds are expected in this field.

• If you have chosen Cash as the Funding Method, the label changes to From ledger. Click on the hyperlink to see all general ledgers where currency position is Null and cash account is Yes and select the required From ledger.

This field can not be edited once the Term Deposit Account is created.

25. From bank is enabled only if the funding method is Transfer From Other Bank. Select the bank name from where the funds are to be received for the term deposit. The list of banks should have been maintained under Admin > Management > Settlement Directory. You can choose Others, if the Bank has not been so maintained. This field can not be edited once it is created.

26. Aura will automatically display the SWIFT BIC code of the above bank from Admin > Management > Settlement directory if maintained. If the From Bank is 'Other' then you can input the SWIFT BIC code.

27. Aura will automatically display the Bank clearing code of the above bank from Admin > Management > Settlement directory if maintained. If the From Bank is Others, then you can input the Bank clearing code.

Note: If you have selected Transfer From Other Bank as the Funding method, SWIFT BIC code or Bank clearing code is mandatory.

28. Select the Interest payment mode. Available options are:

• Payout Interest: If it is simple interest to be paid out and not to be compounded, select Payout interest. If you choose Payout Interest, the following fields are enabled: Interest payout method, To Client, To account, To branch and To bank.

• Compound Interest: For interest that is to be compounded, select Compound interest. In this case, the interest is liquidated to the term deposit account based on the interest liquidation frequency. If you choose Compound Interest, the following fields are disabled: Interest payout method, To Client, To account, To branch and To bank.

This field can not be edited once the term deposit account is created. The interest accrual and interest liquidation will depend on the Frequency maintained under Interest payable tab.

29. If you have chosen Payout interest in interest payment option Interest Payout method dropdown is enabled. Available options are:

• Credit to account: Choose this option if the interest has to be credited to an account in your bank.

• Transfer to other bank: Choose this option if the interest has to be transferred to an account in another bank.

30. To Client will depend on Interest Payout Method that you have chosen:

• If you have selected Credit to account in interest payout method, the To Client field will be enabled. To Client will be defaulted to Client selected in the profile stage. However, you can change the Client if required by clicking Client hyperlink.

• If you have selected Transfer to other bank, this field will be disabled.

31. To branch depends on the Interest Payout Method that you have chosen.

• If you have selected Credit to account, this field is disabled.

• If you have selected Transfer to other account, enter the branch of the other bank to which the interest has to be transferred.

32. To bank depends on the Interest Payout Method that you have chosen.

• If you have selected Credit to account, this field is disabled.

• If you have selected Transfer to other account, select the bank to which the interest is to be sent from the drop-down list. The list of banks should have been maintained under Banking > Management > Banks. You can choose Others, if the Bank has not been so maintained.

33. Aura will automatically display the SWIFT BIC code of the above bank from Admin > Management > Settlement Directory. If the To Bank is Others then you can input the SWIFT BIC code.

34. Aura will automatically display the Bank clearing code of the above bank from Admin > Management > Settlement Directory. If the To Bank is Others then you can input the Bank clearing code.

Note: If you have selected Transfer From Other Bank as the Interest Payout Method, BIC code or Bank clearing code is mandatory.

35. Select the Maturity instruction from the drop-down list. The available options are:

• Do not rollover -- choose this when the Client does not want the term deposit to be rolled over (extended) on maturity.

• Rollover maturity proceeds -- choose this when the Client wants the entire maturity proceeds (deposit amount + interest, if any) to be rolled over (extended) on maturity.

• Rollover special amount -- choose this when the Client wants any other amount apart from the entire maturity proceeds to be rolled over (extended) on maturity.

36. Enter the Roll Over Term in days.

37. If you have selected Rollover special amount in Maturity Instruction, the Roll over amount field will be enabled where you can enter the amount which the Client wants to roll over on maturity. However, you cannot enter an amount greater than the maturity proceeds.

38. If you have chosen Rollover maturity proceeds or Rollover special amount in Maturity Instruction, the Roll over with grace period radio button will be defaulted from the Product; but you can change it for the specific account.

39. If you select Yes in Rollover With Grace Period, the Grace days will be enabled, where you have to enter the number of days after which the actual roll over will be effective automatically subject to balance in the account to debit.

For example, if the grace period is marked as 2 days, then on the maturity date the deposit will be liquidated to the current account and on day 2 the system will re-open the term deposit with the same maturity amount provided there is balance in the account. If there is no balance, the deposit is not rolled over. The deposit is rolled over with the same term, same account number and same instructions but with current interest rate (if variable).

40. Indicate how the maturity proceeds of the deposit are to be paid out in the Maturity payout method. Options available are:

• Credit to account -- Choose this option when the maturity proceeds have to be transferred to an account in the bank. This option is available for any Maturity Instruction that you have chosen.

• Transfer to other bank -- Choose this option when the maturity proceeds have to be transferred to any other account. This option is available only if Maturity Instruction chosen is Do not roll over.

41. Payout Client field depends on the maturity payout method that you have chosen.

• If you have selected Credit to account Payout Client field will be enabled. Payout Client will be defaulted to Client selected in the profile stage. However you can change the Client if required by clicking on the Payout Client hyperlink.

• If you have selected Transfer to other bank, this field will be disabled.

42. The Payout account depends on the Maturity payout method that you have chosen.

• If you have selected Credit to account Payout Account hyperlink will be enabled. Click on the hyperlink see the Client Account Search screen. You will see the selected Client's current accounts whose status is either Activated or Re-opened, whose account currency matches with the term deposit account currency and where the Disallow credit has not been checked.

• If you have selected Transfer to other bank in Maturity Payout Method, you need to enter the external account number here.

43. Payout Bank depends on the Maturity Payout Method that you have chosen.

• If you have selected Credit to account, this field is disabled.

• If you have selected Transfer to other bank, select the bank to which the maturity amount is to be sent from the drop-down list. The list of banks should have been maintained under Admin > Management > Settlement Directory. You can choose Others, if the Bank has not been maintained.

44. If Required select the Periodic interest repricing radio button. Once selected Reset frequency and Next reset date fields get enabled.

45. Select the Reset frequency from the drop-down list. The available frequencies are Monthly, Quarterly, Semi Annual and Annual.

46. Enter the Next reset date from the available calendar.

47. By default, the Holiday preference (Roll over grace days), Holiday preference (Maturity) and Holiday preference (Periodic interest re-pricing) is selected as Ignore. But you can change the holiday preference only for Holiday preference (Maturity) and Holiday preference (Periodic interest re-pricing) as required from the available list of Ignore, Next Business day and Previous Business day. Note: Holiday preference (Roll over grace days) field will be disabled if the Roll over with grace period is selected as No.

48. Premature withdrawal allowed is defaulted from the Product; however, it can be changed during the Account creation. If it is set to Yes, then Premature withdrawal is allowed for the account. If it is No, then premature withdrawal is not allowed for the account.

49. Penalty type is defaulted from the Product. If Premature Withdrawal Allowed is set as Yes, then select the Penalty type from the drop-down list of pre-shipped values. The options available are Fixed amount, On elapsed period, On remaining period.

50. If Penalty Type is selected as Fixed amount, then Penalty amount and Penalty % fields is enabled. The amount entered here is considered as fixed penalty amount and charged at the time of premature withdrawal

51. By selecting Yes or No in the Tax-exempt field you can define if the tax calculation for the account has to be done or not. If Yes is selected, then the tax will be calculated on interest accrual as per the tax scheme attached at the product. If it is No then Tax is not calculated for the account.

52. Click Next. The New Term Deposit → Interest Payable (3/4) page appears.

53. Select the Frequency from the drop-down list. The available frequencies are Monthly, Quarterly, Semi Annual and Annual.

54. Interest scheme will be defaulted based on the Term Days for the Deposit from the Term Bands as maintained in the Product.

55. Interest base:

• Rate will be defaulted as maintained in the product.

• Premium / Discount field will be 0 by default. You can change the details as required.

• Final rate will be defaulted as maintained in the product

56. Click Next. New Term Deposit -- Confirmation (4/4) page appears.

Note: If the custom field is mapped to Term Deposit Product at Admin > System Codes > Custom fields > Field mapping, then an additional screen will appear before the Confirmation screen. The custom fields will be mandatory or non mandatory based on the rules set at the Field mappings. For more detail on custom field functionality please refer Admin > System codes > Field mapping manual.

57. Click Finish. Term Deposit account is created, and the Term Deposit page appears displaying the Profile tab of the account that you added.

Functions: Add, Search.

Note:ACCOUNT STATUS BEHAVIOUR:

When the Funding Method is Debit from Account, and Retry Days have been defined, the Status will be as follows: On click of Finish, Aura will check the Value Date.

• If Value Date <= Current Booking Date, Aura will try to debit the funding account.

  • If successful, TD Account Status will be Opened Approved, Activated Approved
  • If not successful, TD Account Status will be Opened Approved, Activated Pending
    • For all Accounts where the Account Status is Activated Pending, based on the Retry Days and Maturity Date of the account, Aura will try to debit the funding Client Account at end of each day till the end of Retry Days or Maturity Date whichever is earlier. If the debit is successful,
      • the TD Account Status will be moved to Activated Approved
      • the Value Date will be moved to the Current Booking Date on which the debit was successful
      • the Maturity Date will be revised based on the Term Days.

• If Value Date > Current Booking Date, TD Account Status will be Opened Approved, Activated Pending.

  • On the future Value Date (i.e., when Current Booking Date = Value Date), during the Beginning of Day processes, Aura will try to debit the funding account.
    • If successful, TD Account Status will be moved to Activated Approved
    • If not successful, TD Account Status will remain Activated Pending
      • From that date, the system behaviour will be the same as described above

Notes: Any user other than the one who created the Account can approve the Status record using the Term Depost > Status tab. On such approval, if the debit is successful, the Value Date, Term and Maturity Date will remain the same and will not be revised. If reqiured, you can make the required changes in the Value Date, Term / Maturity Date any time before approval and then approve the Status record. TD Account Status will be moved to Activated Approved

If the Client Account debit is unsuccessful till the end of Retry Days or Maturity Date whichever is earlier, the TD Account Status will be moved to Closed Approved. Similarly, if the Client Account debit is unsuccessful till the first Interest Liquidation Date, the TD Account Status will be moved to Closed Approved.

Example:

Current Booking Date when Term Deposit Account is created: 28-Oct-2025
Funding Method: Debit from Account

Case #	Original Value Date	Original Maturity Date	Original Term	Retry Days	Debited during	Funding Successful On	Revised Value Date	Revised Maturity Date	Revised Term
1	28-Oct-25	28-Oct-26	365	5	User action	28-Oct-25	28-Oct-25	28-Oct-26	365
2	28-Oct-25	28-Oct-26	365	5	User action	29-Oct-25	28-Oct-25	28-Oct-26	365
3	28-Oct-25	28-Oct-26	365	5	System action	30-Oct-25	30-Oct-25	30-Oct-26	365

When the Funding Method is not Debit from Account, the Status will be as follows: On click of Finish, Aura will check the Value Date.

• If Value Date <= Current Booking Date, TD Account Status will be Opened Approved, Activated Pending
• If Value Date > Current Booking Date, TD Account Status will be Opened Approved. On the future Value Date (i.e., when Current Booking Date = Value Date), during the Beginning of Day processes, Aura will move the status to Activated Pending.

Any user other than the one who created the Account can approve the Status record using the Term Depost > Status tab. On Approval the status becomes Activated Approved.

Any changes to the Settings, Interest Payable, Signatory, Amount block, Account Status and Linked people tabs will render the status of these tabs to Pending. Only when it is Approved by another user, the changes will be effective.

Overview

Overview tab shows the basic details of the term deposit. The details are defaulted from the Account creation of New term Deposit.

To view Overview

Access Term Deposit then click Overview tab. The page will display the details from New Term deposit creation.

The additional fields that you can view (you cannot edit these) in the Overview tab are explained below:

• Maturity amount denotes the total amount after the Term period.

• Amount blocked denotes the total amount block on the account. Aura will display the total amount block in account currency.

• Remaining deposit amount denotes the total amount which is pending or left to be deposited for opening the account.

• Current balance

• Current balance = Deposit amount + Interest liquidated (If the interest payment option = Compounded interest)

• Current balance = Deposit amount (If the interest payment option = Pay-out interest)

• Available balance denotes the available balance amount in the account. That is Current balance minus Amount blocks.

• Last interest paid denotes the amount of interest last paid to the customer.

• Last interest paid date: This field denotes the date on which interest was last paid.

• Interest payable accrued: This field denotes the interest payable accrued as of the previous day as interest payable accrual happens at the end of day.

• Roll over count denotes the number of times the term deposit is rolled over.

Profile

The Profile tab, which is the default screen in the Term Deposit screen, shows the basic details of the term deposit. For details refer to New Term Deposit → Profile (1/4).

To view Profile

1. Access Term Deposit page system display profile tab details on launch of Client account screen.

Note: The additional fields that you can view (you cannot edit these) in the Profile tab are explained below:

• Origin branch denotes the branch name where the Account is opened. This field is non-editable.

• Old account #: You can use this field to enter an old account number (perhaps from a legacy system) for information purpose. This field appears only during Edit.

• System will generate the IBAN (International Bank Account Number) number only if IBAN generation required is checked as Yes in Product > Settings.

• Roll over count denotes the number of times the term deposit is rolled over.

• Book date denotes the date when the term deposit is booked.

• Value date denotes the value date of the term deposit (Activation date of any Term Deposit account).

• Maturity date denotes the date when the term deposit will mature

• Deposit amount denotes the amount deposited for opening the term deposit.

• Current balance

• Current balance = Deposit amount + Interest liquidated (If the interest payment option = Compounded interest)

• Current balance = Deposit amount (If the interest payment option = Pay-out interest)

• Amount blocked denotes the total amount block on the account. Aura will display the total amount block in account currency.

• Available balance denotes the available balance amount in the account. That is Current balance minus Amount blocks.

• Last interest paid denotes the amount of interest last paid to the customer.

• Last interest paid date: This field denotes the date on which interest was last paid.

• Interest payable accrued: This field denotes the interest payable accrued as of the previous day as interest payable accrual happens at the end of day.

To edit the profile

1. Click Edit. Edit Term Deposit page appears.

2. Click Save. Profile page appears with the edited details.

Function: Edit

Status

Using this tab, you can view the history of the account status. You can also approve the Status record created by another user.

To View Status tab

1. Access Term Deposit page then click Status tab.

Note: Account status will reflect as Activated and the Status will reflect as Pending. Note: Once approved by another user apart from the user who created the Account, you cannot Edit or Approve further.

The additional fields under Status tab are explained below.

2. Account Status denotes the current status of the account.

3. Reason displays the reason for the status selected for the account. In case of automatic status movement, the reason is predefined; while in case of manual status updates, this will display the reason input during the manual status change.

To edit the Status tab

1. Click Edit. Edit Account Status page appears.

2. Depending on the current status of the term deposit account, the Status could be.

• Opened: This is the initial status of the account as soon as it is created.

• Activated: This status is automatically set when the value date is equal to current date and the funds for opening have been credited to the term deposit account. The record status should be approved by another user to make it effective.

• Await roll over: On maturity, if there is a roll over option chosen for this account, the status of the account is automatically updated to Await roll over.

• Matured: On maturity, if there is no roll over option, or, in case of roll over if the grace days have expired, the status of the account is automatically updated to Matured. Once the status of the term deposit account is Matured, it will be available only in view mode and no further actions like edit or delete would be possible.

3. Click Save. Status tab appears with the edited details.

Functions: Edit, Approve

Note: When the Funding method is selected as Transfer from other bank, the Account Status will be activated automatically when the funds are transferred from the given account to the term deposit account and the Status will be Pending.

Approval can only be done by a user different from the one who created the record. Once approve the red bubble disappears.

Functions: Edit, Approve

The additional fields available in view are:

• Status denotes status of the record.

• Added denotes the date and time on which the status record has been added.

• Added by denotes the name of the user who has added the status record.

• Approved denotes the date and time on which record is approved. This field is displayed for the approved record.

• Approved by denotes the name of the user who has approved the record. This field is displayed for the approved record.

Event

Event tab allows you to view the past, current and future events. This tab is non-editable.

To view the Events

1. Access Term Deposit Maintain page.

2. Click Events tab. By default, the Current tab is displayed. It shows the details of the Events that have value date = current business date. The Past tab and Future tab show details of events that have value date earlier than / later than the current business date respectively.

All the tabs show the following data:

• Event: Code for the event.

• Description: Description of the event.

• Value Date: The value date for the event

• Book Date: The date of entry / input of the event

• Ref No: The transaction reference number under which the event is processed

• Status: Status of the event:

  • Pending: Where the event is not yet processed

  • Success: Where the event has been processed successfully

  • Failure: Where the event has failed during process

  • Retry: Indicates a failed event where the system retries to process the event on subsequent business days.

• Amount: Indicates the amount processed by the event. Example: Term deposit interest liquidation event will have the amount of interest liquidated.

• Collection Status: If the Collection status is Pending, it indicates that the deferred charges has not been collected and if the Collection Status is Success, it indicates that the deferred charges has been collected.

Past

A sample of Past tab is shown below:

Current

A sample of Current tab is shown below:

Future

A sample of Future tab is shown below:

The Events in a Term Deposit account are listed below

Event Code	Description	Condition
TDOPEN	Term Deposit Account Opening	This event occurs when the account is opened, and it occurs only once, i.e., at the time of account opening. The account status will be defaulted to Opened.
TDACTV	Term Deposit Account Activation	This event occurs when System Date equals the Value date.
INTACR	Interest Accrual	This event occurs based on the Interest frequency maintained under the interest payable tab.
INTLIQ	Interest Liquidation	This event occurs based on the Interest frequency maintained under the interest payable tab.
INTPAY	Interest Payout	This event occurs based on the Payment Day maintained under the interest payable tab.
TDMATY	Term Deposit Maturity	This event occurs based on the Maturity date. The account status will be changed to Matured.
TDROLL	Roll over	This event occurs based on the Maturity instruction — Rollover maturity amount / Rollover special. The account status will be changed to Await Roll Over if the user selects Roll over with grace days.
TDLIQD	Premature Liquidation	This event occurs when the user does premature liquidation. The account status will be changed to Matured if the user has done full liquidation; else the event Status Change is not initiated.
STATCH	Status Change	This event occurs when the user manually changes the status of the account, and automatically for the events: (i) Account opening and (ii) Account Closure.
AMTBLK	Creation of amount blocks	This event occurs when the user manually creates an amount block on the term deposit balance.
BLKREL	Release of amount block	This event occurs when the user manually removes an amount block, or the expiry date of the amount block is reached.
STAGEN	Statement Generation	This event occurs based on the frequency of statement generation mentioned for the term deposit product.
TDCLOS	TD Close	This event occurs as the last event in the lifecycle of a term deposit account and is processed immediately after the maturity event.
TDBLOC	Term Deposit Block	This event occurs when an amount block is created on the Term Deposit account and is approved.
TDRVMT	Term deposit maturity reversal	This event occurs when a previously processed Term Deposit maturity event is reversed.
EVNPOP	Event Population	This event occurs when system-generated events are populated for the Term Deposit account.
PBKCLS	Passbook close	This event occurs when the passbook linked to the Term Deposit account is closed.
INRVPY	Interest Payable reversal	This event occurs when a previously processed interest payable event is reversed.
TDRVLQ	Term deposit premature withdrawal reversal	This event occurs when a previously processed premature withdrawal of a Term Deposit is reversed.
TAXLIQ	Tax liquidation	This event occurs when accrued tax amounts are liquidated from the Term Deposit account as per configured tax rules.
DSTCHG	Documentation stamp tax charge issue	This event occurs when a documentation stamp tax charge is applied to the Term Deposit account.
REMGEN	Term Deposit Reminder generation	This event occurs when a reminder is generated for the Term Deposit account based on the maintained reminder preferences.
TDRVCL	Term deposit closer reversal	This event occurs when a previously processed Term Deposit closure event is reversed.
PBKISU	Passbook issue	This event occurs when a passbook is issued for the Term Deposit account.
TDCISU	Term deposit certificate issue	This event occurs when a Term Deposit certificate is issued for the account.
INRVLQ	Interest liquidation reversal	This event occurs when a previously processed interest liquidation event is reversed.
TDMPAY	Maturity payout	This event occurs when the maturity proceeds of the Term Deposit are paid out based on the configured maturity payout method.
TDRVRL	Term deposit roll over reversal	This event occurs when a previously processed Term Deposit rollover event is reversed.
TDRVAC	Term deposit activation reversal	This event occurs when a previously processed Term Deposit activation event is reversed.
INACRP	Interest Accrual	This event occurs based on the interest frequency maintained under the Interest Payable tab.
DBTPRO	Debit processing	This event occurs when a debit transaction is processed on the Term Deposit account.
TAXACR	Tax accrual	This event occurs when tax amounts are accrued on the Term Deposit account based on the configured tax scheme and accrual frequency.
TDRATE	Term Deposit Interest Rate Revision	This event occurs when an interest rate revision is applied to the Term Deposit account as per periodic interest repricing or approved interest changes.
TDCINV	Term deposit certificate invalidated	This event occurs when a Term Deposit certificate is marked as invalid.
TDCCLS	Term deposit certificate closed	This event occurs when a Term Deposit certificate is closed.
INLIQP	Interest Liquidation	This event occurs based on the interest liquidation frequency maintained under the Interest Payable tab.
TDINFL	Term Deposit Inflow	This event occurs when funds are credited to the Term Deposit account based on the selected funding method.
TAXPAY	Tax payout	This event occurs when tax amounts payable are paid out from the Term Deposit account.

Amount Block

Using this tab you can set certain settings to block the amount. Any entry / change in this tab will set the tab status to Pending till it is approved by another user. On approval, the tab status is set to Approved. The total amount block will be displayed in the profile tab only when the amount block is approved. You can add an amount block only if the term deposit account is activated and approved.

To add a new Amount block:

1. Access Term Deposit page. Click Amount Block tab.

2. Click Add. Add Amount Block page appears.

3. Select Currency from the drop-down list. The currencies maintained in GL will be displayed in the drop-down. This is the currency in which you want the amount to be blocked (block currency).

4. Select Currency Rate type from the drop-down list. Aura will display the list of rate types maintained at Admin > System codes > Currency > Currency rate types. This field will be enabled only when you select a Currency other than the Account currency.

5. Enter Amount blocked. It is the block amount in block currency. This field can be edited.

6. Aura will retrieve the mid-rate for the currency pair (block currency and account currency) and convert Amount blocked to Amount. If block currency and account currency are same, then Aura will default amount blocked in Amount.

7. Select block Category from the drop-down list. It is the category to which the amount block belongs and should have been maintained under System Codes > Categories > Block categories.

8. Enter Reason for amount block.

9. Enter Effective date. It is the date from which the amount block is effective. You cannot enter a past date. The effective date will be defaulted to current business day and may be changed to a future date. This field can be edited.

10. The Expiry date is calculated on the basis of the expiry days maintained for the chosen Block Category. It is equal to the Effective Date + Number of expiry days -- 1. If the expiry day is blank or 0, Effective date will also be blank. However, user can still choose the expiry date.

11. Click Save. The Amount Block page appears with the added details.

Functions: Add, Edit, Delete, Approve, Suspend

Note: On save, the status of the record is Pending. It can be approved only by a user different from the one who created it. To approve, access the Amount block View from the Search page and click Approve.

To Edit Amount Block.

1. Click Edit. Edit Amount Block page appears.

Note: Except Amount Block id, Rate Type and Amount all other fields are editable.

2. Click Save. Amount Block page appears with the edited details.

Note: On save, the status of the record is Pending. It can be approved only by a user different from the one who created it. To approve, access the Amount block View from the Search page and click Approve.

Functions: Ass, Edit, Delete, Approve, Suspend

Delete: You can delete Amount Block record by a click on Delete button. When you click on Delete button, Aura displays an alert message. On confirmation Aura will delete the Amount Block record.

Note: Suspend button will be enabled only for amount blocks where the expiry date is on or after current business date and where the amount block has been approved.

The additional fields available in view are:

• Status denotes status of the record.

• Added denotes the date and time on which the amount block record has been added.

• Added by denotes the name of the user who has added the amount block record.

• Approved denotes the date and time on which record is approved. This field is displayed for the approved record.

• Approved by denotes the name of the user who has approved the record. This field is displayed for the approved record.

Let us take an example to understand the permissible amount blocks:

There is a term deposit for One year from 1-Jan-2014 to 31-Dec-2014 for the amount 5000 SEK

Assume the exchange rate for EUR: SEK = 10 and USD: SEK = 5 and three amount blocks are created as follows:

1. Amount block from FEB to JUN - 200 EUR (i.e., 2000 SEK)

2. Amount block from MAR to AUG - 300 SEK

3. Amount Block from MAY - OCT - 250 USD (i.e. 1250 SEK)

After these amount blocks are created and approved, the further permissible Amount blocks (i.e. Deposit amount minus Total amount block for the period) would be as follows:

Month	Deposit Amount (SEK)	Amount Blocked (SEK)	Further Permissible (SEK)
Jan	5000	0	5000
Feb	5000	2000	3000
Mar	5000	2300	2700
Apr	5000	2300	2700
May	5000	3550	1450
Jun	5000	3550	1450
Jul	5000	1550	3450
Aug	5000	1550	3450
Sep	5000	1250	3750
Oct	5000	1250	3750
Nov	5000	0	5000
Dec	5000	0	5000

Beneficial Ownership

The Beneficial Ownership tab allows you to view and edit the beneficial ownership details for the Term Deposit. In case the account is for Personal or Corporate Client, you can only view the details of the beneficial owner. In case of Joint Client, you can view and edit the details of the beneficial owners.

To view the Beneficial ownership details

1. Access Term Deposit page and click Beneficial ownership tab to view the details as per samples below.

In case of Personal / Corporate

2. Click Add in case of Joint. Add Beneficial Ownership page appears.

   

3. Search the Client and click on the same. The selected Client gets added with 50% ownership each as per the screenshot shown below.

To edit,

1. Click Edit. Edit Beneficial Ownership page appears.

Note: You can edit the Ownership percentage. The total of the ownership should be equal to 100%.

2. Click Save. Beneficial Ownership page appears with the edited details.

Functions: Edit

Categorisation

Categorisation tab allows you to categorise the accounts and add the parameters in the status rules. Based on the Categorisation done, the account can be moved to the required statuses.

To add Category

1. Access Term Deposit page and click Categorisation tab. The following screen appears.

To Add new category

2. Click New. New Category page appears.

3. Select Category Type from the drop-down list maintained under Admin > System Code > Categories > Category type for which Applicable for is selected as Account.

4. Select Code from the drop-down list, maintained under the selected category type at Admin > System Code > Categories > Category type.

5. Click Save. Category page appears with the added category.

Note: The categorisation added has to be unique.

Functions: New, Approve, Edit, Delete.

Delete: Click on the Delete button to delete the Categorisation record. A flexible schedule can be deleted until it is approved.

Approve: A Categorisation schedule record has to be approved by any user other than the one who has initiated the record.

To edit the Category record

1. Select the required Category record you wish to Edit.

2. Click Edit. Edit Category page appears.

Note: Only the Code field is editable.

3. Click Save. Categorisation page appears with the edited details.

Note: The Status will reflect as Pending. Approval can only be done by a user different from the one who created the record. Once approve the red bubble disappears.

Functions: New, Approve, Edit, Delete

The additional fields available here are:

• Status field denotes the status of the tab.

• Added field denotes the date on which the record was added.

• Added by field denotes the name of the user who created the record.

• Approved field denotes date on which the record was approved and is displayed only on approval.

• Approved by field denotes name of the user who approved the record and is displayed only on approval.

Communication

The communication tab allows you to configure, track and manage all communication preferences related to a Term Deposit account. This ensures that notifications are sent in line with Client requirements and account activity.

The tab is divided into three sub-tabs:

• Preferences
• Log
• Recipients

Preferences

The Preferences sub-tab is used to suspend specific types of notifications and to set the preferred notification mode. It defines how notifications are handled and the communication channels to be used.

To view/edit Preferences,

1. Access Term Deposit maintain page. Click Communication tab, then Preference sub-tab. The default value will be displayed on each field.

2. Click Edit. Edit Communication Preferences page appears.

All fields are editable.

3. Suspend dunning process outputs - Choose whether dunning outputs (such as reminders or overdue notices) should be suspended for the account.

• Checked = Dunning outputs are suspended.

• Unchecked = Dunning outputs are generated as usual.

4. Suspend transaction notifications - Controls whether transaction-related notifications should be sent.

• Checked = Transaction notifications are not sent.

• Unchecked = Transaction notifications continue.

5. Suspend event notifications - Allows you to suspend notifications generated for system or account-related events.

• Checked = Event notifications are not sent.

• Unchecked = Event notifications continue.

6. Notification mode - Defines the medium through which notifications will be sent. You may select one or more of the following modes:

• Email

• SMS

7. Click Save. The preference page appears with the edited details.

Functions: Edit

Log

The Log sub-tab provides a record of all communication messages triggered for the Term Deposit account.

To view/edit Log,

1. Access Term Deposit maintain page. Click Communication tab, then Log sub-tab. This tab will show no records until you enter/select a particular log or notification sent date.

2. Notified on - A search field where you can select the date for which communication logs should be retrieved.

• Clicking inside the field opens a calendar, allowing you to select the date, month and year.

• After selecting a date, click Search to view the communication records for that day.

The additional fields that are shown on the grid are -

• Notified - Date and time when the notification was triggered.

• Recipient - The selected Client who was designated to receive the communication.

• Sent To - The actual phone number or email address used for delivery.

• Setting name - The communication setting that triggered the notification.

• Trigger - The event or process in Aura that generated the notification (e.g., maturity alert, deposit renewal).

• Mode - The communication channel (Email/SMS)

• Status - The delivery status (e.g., Sent, Pending, Failed)

Search - The search button retrieves the log entries for the chosen date.

Resend - Allows you to resend a selected notification if it failed or needs to be reissued.

Recipients

The recipient sub-tab lets you define who will receive the notification for the Term Deposit account.

To view//add a recipient,

1. Access Term Deposit maintain page. Click Communication tab, then Recipient sub-tab. This tab will show no records until you enter/add a recipient.

2. Click Add. Add Notification Recipients page appears.

3. Select the Client to send the notification to from the drop-down list. The listing contains the primary Client of the account and any linked Clients associated with the account.

4. Use default checkbox determines whether the Client's default contact details (phone and email) are used.

• If checked, the Phone # and Email Address are auto-filled and read-only.

• If unchecked, you can manually enter alternate contact details.

5. Phone # - The phone number where SMS notifications will be delivered. This is mandatory if SMS is chosen in Notification Preferences.

6. E-mail address - The email address where notifications will be sent. This is mandatory if Email is chosen in Notification Preferences.

7. Click Save. Recipients page appears with the details entered.

Functions: Add, Edit, Delete

To edit,

1. Click on Edit. Edit Notification Recipient page appears.

All fields are editable except the Send notification to drop-down.

2. Click Save. Recipients page appears with the edited details.

Note: If the Term Deposit account has linked Clients, you can add multiple recipients. In such cases, you may select the Primary Client or any Linked Client from the Send Notification To dropdown and add them as separate recipients. This allows more than one individual to receive notifications related to the account.

Document

The Document tab allows you to upload documents related to the Term Deposit Account. These can be in the form of scanned images or files on your computer. You can categorise the documents as per Document Type and store with a document reference number.

1. Access Term Deposit Maintain page. Click Document tab.

2. Click New, New Document page appears.

3. Click Choose File button to select the File name and path of the document.

4. Enter Document ref no. for the document. This document reference number is used in Branch view > Documents.

5. Based on the file selected the Description field will be derived. If required, you can change the description.

6. Select the Type of the Document uploaded. The document types should have been maintained using Admin > System codes > Documents > Document types. Once entered, this cannot be edited.

7. Click Save. Document page appears with the added details.

Functions: New, Generate, Edit, Delete.

To generate document

1. Click Generate to generate the pdf file using the template as maintained under Admin > System codes > Process > Document templates. You have to map the document template for Term Deposit account under Document template settings as maintained under Retail > Settings > Product. New Document page will appear where the mapped templates will be displayed.

2. Click on any template from the list of templates after which the document will be generated based on the selected template as shown below.

Functions: New, Generate, Edit, Delete

To Edit document

1. Access Term deposit page. Click Document tab.

2. Click Edit. The Edit New Document page appears.

Note: Only Document ref no and Description fields are editable.

3. Click Save. The Document page appears with the edited details.

Functions: New, Generate, Edit, Delete

The additional fields available in view are:

• Added denotes the date and time on which the Person record has been added.

• Added by denotes the name of the user who has added the person.

Delete: You can delete a Document record by a click on Delete button. When you click on Delete button, Aura displays an alert message. On confirmation Aura will delete the Document record.

Interest Payable

The Interest Payable tab allows you to create, view and maintain the interest rate offered on a Term Deposit account.

To Add / Edit / Delete the Interest payable

1. Access Term Deposit page. Click Interest Payable tab to view the details as per sample below. The details are defaulted from the entries that you made during Product creation. For details refer to New Term Deposit -- Interest Payable (3/4).

Note: After creation / edit, the tab is in Pending status. To approve, retrieve the record and click Approve. Once the tab is approved, the status field will display as Approved. Note: Once Status Tab is Approved, no further changes can be done on the Interest Payable tab.

To Edit Interest Payable

2. Click Edit. Edit Interest Payable page appears.

Note: Except Interest scheme, Rate, Offset, Final rate, On balance, Payment day & Number of days fields, all other fields in Edit Interest payable screen are editable. However, only the person who created the interest payable record can edit it, till it is approved.

3. Click Save. Interest Payable page appears with the edited details.

Note: After creation / edit, the tab is in Pending status. To approve, retrieve the record and click Approve. Once the tab is approved, the status field will display as Approved. Note: Once Status Tab is Approved, no further changes can be done on the Interest Payable tab.

Function: Edit, Approve

The additional fields are explained below.

• Status field denotes the status of the tab.

• Added field denotes the date on which the record was added.

• Added by field denotes the name of the user who created the record.

• Approved field denotes date on which the record was approved and is displayed only for approved records.

• Approved by field denotes name of the user who approved the record and is displayed only for approved records.

Linked People

This tab allows you to link an unlimited number of people to the term deposit account.

To Add the linked people

1. Access Term Deposit page. Click Linked People tab.

2. If you want to link a person who has already been created as a Person under CRM > Person Maintenance, then click Add. Aura will display the Add linked people window with the list of people maintained in the system. Select the required person.

3. The selected person gets added to the linked people.

4. Click Edit. The Edit Linked people window appears. Select the Person role from the available drop-down which is maintained under Admin > System codes > Generic definitions > Person role.

5. Click Save. Linked People page appears with the edited details.

Functions: Add, Edit, Delete

Delete: You can delete a Linked People record by clicking Delete button. When you click Delete button, Aura displays an alert message. On confirmation Aura will delete the Linked People record.

Nomination Details

The Nomination Details tab allows you to Add and edit the nominee details for the Term Deposit. In case the account is corporate Client, you can only view the details of the nominee owner. In case of Personal and Joint Client, you can view and edit the details of the nominee.

To add new Nomination details

Access Term Deposit screen and click Nomination tab.

Click Add. Add Nomination Details screen appears.

3. Enter the Effective date from the calendar. Note: The effective date should always be >= to the current booking date.

4. Select the Nominee by clicking on Nominee hyperlink. The search person page appears, where you can select the name of the nominee.

5. Once you select the nominee their Date of Birth will be displayed by default.

6. Select Relationship from the drop-down list. The Available list are Father, Mother, Spouse, Son, Daughter and others.

7. Enter the name of the Nominee Guardian.

8. Click Save. Nomination Details page appears with the added details.

Functions: Add, Edit, Delete, Approve

Note: Any change in the tab will set the tab status to Pending till it is approved by another user. On approval, the tab status is set to Approved and the red bubble disappears.

To Edit Nomination Details

1. Click Edit. Edit Nomination Details page appear.

Note: Only Relationship and Nominee guardian fields are editable.

2. Click Save. Nomination Details page appears with the edited details.

Note: Any change in the tab will set the tab status to Pending till it is approved by another user. On approval, the tab status is set to Approved and the red bubble disappears.

Functions: Add, Edit, Delete, Approve

The additional fields available are:

• Status field denotes the status of the tab.

• Added field denotes the date on which the record was added.

• Added by field denotes the name of the user who created the record.

• Approved field denotes date on which the record was approved and is displayed only for approved records.

• Approved by field denotes name of the user who approved the record and is displayed only for approved records.

Delete: You can delete a Document record by clicking Delete button. When you click Delete button, Aura displays an alert message. On confirmation Aura will delete the Document record.

Passbook

The Passbook tab allows you to issue, close, and approve Term Deposit passbooks for the selected Term Deposit account. This tab appears only if the Term Deposit product is configured with Allow Passbook = Yes in the product setup.

When you create a Term Deposit account for the first time, Aura checks the product setup to determine whether the Passbook tab should be displayed. After the account is created, the tab’s availability is controlled at the account level.

Any later change to the product setting will not affect the existing accounts.

To add/issue a new Passbook,

1. Access Term Deposit maintenance screen, click the Passbook tab. This tab will show no records until you add a new passbook.

Note: The New button is enabled only when the Term Deposit account status is Activated.

2. Click New. New Passbook Issue page appears.

3. Enter the Passbook number - this is a mandatory field and is maintained under Admin > Secured Stationery > Series with Type = Passbook and Status = Approved and Printed, and should be associated with the selected account branch.

4. Select the Reason for issue from the drop-down list. The available values are -

• Continuation - When a new passbook is issued after the old one is complete.
• New Account - When a passbook is issued for a newly opened account.
• Request for Duplicate - When a passbook is reissued due to loss or misplacement.

Note: The default value is Continuation. Once a new passbook is issued for an Account, the previously issued passbook for that account is automatically marked as Closed, ensuring that only passbooks with status Issued can be used for transactions.

5. You can use the Notes field to capture the purpose of issuance or any other notes related to the passbook.

6. Click Save. The Passbook page appears with the added details.

Functions: New, Edit, Approve.

Note: If the entered passbook number is invalid, not in stock, not printed, or from another branch, Aura displays the relevant validation message.

To Edit Passbook,

1. Click Edit. Edit Passbook Issue page appears.

Note: Only the Notes field is editable.

2. Click Save. The Passbook page appears with the edited details.

Note: When you save, Aura creates an event - PBKISU (Passbook Issue) with the status set to Pending. This event can be viewed under the Event tab of the Term Deposit Maintenance Account.

Status of the passbook is pending till it is approved by another user. On approval, the status is set to approved. When you approve, Aura updates the record status from Pending to Approved and marks the related event (PBKISU) as Success in the Event Master table.

Functions: New, Edit, Approve.

The Edit button remains enabled even after a record is approved. However, if any changes are made, the updated details will require re-approval from another user as per the maker-checker process.

The additional fields that are shown are:

• Status indicates the current state of the record. It will be either: Pending - If the record is waiting for approval or Approved - If the record has been reviewed and finalized.
• Added shows the date and timestamp when the record was created and Added by displays the user ID and full name of the person who created the record.
• Approved shows the date and time when the record was approved and Approved by displays the user ID and full name of the person who approved the record.

Passbook Status

When you Issue or update a Passbook, Aura tracks its lifecycle through the following statuses:

• Issued - Indicates the active passbook currently issued for the account.
• Closed - Indicates the passbook has been deactivated because the account has been closed.

Passbook Close (PBKCLS) Event

This event is triggered when a passbook is closed. Aura automatically generates the PBKCLS (Passbook Close) event in the following cases:

• When a new passbook is issued with the reason Continuation or Request for Duplicate, the previously issued passbook is automatically marked as Closed.
• When the Term Deposit account itself is closed, the active passbook linked to that account is also marked as closed.

The event is created with the status Pending and can be viewed under the Event tab of the Term Deposit account. Once the record is approved, Aura updates the event status from Pending to Success.

Reminder Preferences

The Reminder Preferences tab allows you to add, view and edit the preferences based on which the reminders are sent to Client or any linked person informing about the Loan account, for recovering their dues. As soon as the Loan Account is created, the reminder added at the product level is (are) defaulted and is displayed under this tab. Later, apart from the defaulted reminder, any other reminders that are added at the account are listed under this tab.

To add a Reminder

1. Access Loan Account page and click Reminder preferences tab. If any reminders are added at the product level are displayed by default.

2. Click Add. Add Reminder Page appears.

3. Enter description in the Description field.

4. Select Reminder Format from the drop-down. Aura lists reminder formats that have been maintained under Admin > System codes > Generic definition > Reminder formats. It is the Format of the reminder that is to be generated.

5. Select Frequency at which this reminder has to be sent.

The available options are:

• On Payment Due Date: The reminder will be sent on the payment due date.

• X days before Payment due date: The Reminder will be generated X number of days before the payment due date. If you select this option, enter the number of days in the Days field.

• X days after payment due date: The Reminder will be generated X number of days after the payment due date. If you select this option, enter the number of days in the Days field.

• X days after grace days if overdue: If the payment is overdue, then the Reminder will be generated X days after grace days. If you select this option, enter the number of days in the Days field.

• X days after reminder Y: The Reminder will be generated X number of days after reminder Y. If you select this option, enter the number of days in the Days field and select the Reminder from the drop-down list.

6. The Days field will be displayed only if the below mentioned options are chosen as Frequency.

   X days before Payment due date

   X days after payment due date

   X days after grace days if overdue

   X days after reminder Y

7. The Reminder field will get displayed only if X days after reminder Y option is chosen as Frequency. Select the Reminder from the drop-down list of options maintained for the Reminder.

   Note: Only after the default reminder is generated, any other reminders that are added at the account appears in the drop-down list.

8. Select the required Generation fee from the drop-down. Aura will display the list of Charges from Admin > System codes > Charges where the charge is Active, Event-based and it is either Banded or Flat amount charge. In case of Banded charges, the charge amount will be calculated on the basis of the amount sanctioned. Charge amount is collected from the Client, if an invoice fee is associated with invoice generation whenever an invoice is generated for the account. Fee is reflected in the invoice whether charge account is linked to the loan account or not.

   If a Charge account is attached to the loan account, then the charge amount is debited from the charge account on invoice generation; else the charge is collected during repayment.

9. Select person from the list of current loan account holders to whom the Reminder will be sent. The options shown will depend on the type of Client.

• Personal: The name of the Person will get displayed in the drop-down list.

• Joint Client: The names of the Joint account holders will get displayed in the drop-down list.

• Corporate: The name of the corporate Client will get displayed in the drop-down list.

The list will also include the people who are linked to the Client / account under the Linked People tab under Client Maintain / Account Maintain.

10. By default, the field Use Default flag is checked. However, if you want the Reminder to be sent to a different address, you can uncheck the flag and enter the required address details.

• If the flag is checked, Aura will consider the default address maintained at CRM > Person > Maintain, for the person chosen under Send Reminder To as the address to which the Reminder has to be dispatched.

• If the flag is unchecked, below mentioned fields will be enabled and you can enter the address details.

• Select the Address type from the drop-down list. The address types maintained under Admin > System Codes > Address details > Address types are displayed in the drop-down list.

• Enter address details of the receiver in Address 1 and Address 2 fields.

• Enter City of the receiver.

• Enter Zip code of the receiver.

• Enter Post box number of the receiver.

• Enter State of the receiver.

• Select Country from the drop-down list which is maintained under Admin > System codes > Generic definitions > Countries.

• Select Phone type from the drop-down list which is maintained under Admin > System Codes > Address details > Phone types.

• Enter Phone# of the receiver.

• Enter Extension of the receiver.

• Select E-mail type from the drop-down list which is maintained under Admin > System Codes > Address details > E-mail types.

• Enter E-mail address of the receiver.

11. Click Save. The Reminder Preferences page appears with the added details.

Functions: Add, Edit, Delete

To Edit the Reminder Preferences settings,

12. Click Edit. The Edit Reminder Preferences page appears.

All the fields are editable except Reminder id.

Note:

The fields from Address type to E-mail address will be Editable only if the Use default radio button is unchecked.

13. Click Save. Reminder Preferences page appears with the edited details.

Functions: Add, Edit and Delete.

Reward

General Reward

Specific Reward

Reward Schedule

Coming Soon

Settings

The Settings tab allows you to maintain the funding method, interest payment option, interest payout method and maturity instruction details of the term deposit account that you created. For details refer to New Term Deposit -- Settings (2/4).

To edit the Settings

1. Access Term Deposit page. Click Settings tab to view the details as per sample below. The details are defaulted based on what you entered during account creation.

Additional fields available are:

• Status field denotes the status of the tab.

• Added field denotes the date on which the record was added.

• Added by field denotes the name of the user who created the record.

• Approved field denotes date on which the record was approved and is displayed only for approved records.

• Approved by field denotes name of the user who approved the record and is displayed only for approved records.

2. Click Edit. Edit Settings page appears.

Note: Based on the Interest Payout Method selected, To Client, To Account, To Branch, To Bank, SWIFT BIC Code and Bank Clearing Code fields can be edited. Any change in the tab will set the tab status to Pending till it is approved by another user. On approval, the tab status is set to Approved.

3. Click Save. Term Deposit page appears with the edited details.

Functions: Edit. Approve.

Note: Status will reflect as Pending. Approval can only be done by a user different from the one who created the record.

Functions: Edit. Approve.

Signatory

This tab allows you to add, view and maintain the signatories for the account. You have to first add the details of the Signatory group and then add persons to each group.

To add a new Signatory group

Access Term Deposit screen and click Signatory tab

1. Click Edit. Edit Signatory page appears.

Note: Only Limit field is editable in Edit Signatory page.

2. Click Save and then Approve the Record. Signatory page appears with the Edited details.

Functions: Edit, Delete, Approve, Add Person.

The additional fields available in view are:

• Status denotes status of the record.

• Added denotes the date and time on which the Person record has been added.

• Added by denotes the name of the user who has added the person.

• Approved denotes the date and time on which record is approved. This field is displayed for the approved record.

• Approved by denotes the name of the user who has approved the record. This field is displayed for the approved record.

To Add another Signatory

Click Add. Add Signatory screen appears.

Select Group from the drop-down list. You can add a maximum of 9 groups with varying signing powers.

Select Operating instruction whether Single, Jointly as appropriate for this Group.

Aura will display the account Currency and will not allow you to change the currency.

Enter Limit amount for the group in terms of account currency.

Click Save. Signatory page appears with the added details.

Functions: Add, Edit, Delete, Approve, Add Person

Note: On save, the status of the record is Pending. It can be approved only by a user different from the one who created it. A Signatory record can be deleted until Approval.

To add a person as signatory

Access Term Deposit screen and click Signatory tab.

Click Add Person. The Person tab appears.

Click Add. The Add Person page appears.

Select Person by clicking Person hyperlink. The Person Search page displays the list of people linked to the Client with the role signatory.

Enter Notes, if any, for the person.

Click Save. The Person Sub tab appears with the added person.

Note: On save, the status of the record is Pending. It can be approved only by a user different from the one who created it.

Functions: Add, Delete, Approve, Finish

The additional fields available in view are:

• Status denotes status of the record.

• Added denotes the date and time on which the Person record has been added.

• Added by denotes the name of the user who has added the person.

• Approved denotes the date and time on which record is approved. This field is displayed for the approved record.

• Approved by denotes the name of the user who has approved the record. This field is displayed for the approved record.

Note: More than one person can be maintained as signatory. A Person record can be deleted until Approval.

1. Click Finish and then Approve the record.

2. Once approved Signatory page appears.

Functions: Add, Edit, Delete, Approve, Add Person

The additional fields available in view are:

• Status denotes status of the record.

• Added denotes the date and time on which the Person record has been added.

• Added by denotes the name of the user who has added the person.

• Approved denotes the date and time on which record is approved. This field is displayed for the approved record.

• Approved by denotes the name of the user who has approved the record. This field is displayed for the approved record.

Delete: You can delete a Signatory record by a click on Delete button. When you click on Delete button, Aura displays an alert message. On confirmation Aura will delete the Signatory record. Note: A Person record can be deleted until Approval.

Statements

Using this tab, you can set the preferences for generating the statements for the term deposit account. The details are defaulted from the Product, but you may make specific changes that are required for the term deposit account.

To Add new statement parameter

1. Access Term Deposit screen and click Statements tab

2. Click Add. Add Statement screen appears.

3. Select Format from the drop-down list of formats that have been maintained under Admin > System codes > Generic definition > Statement formats. It is the Format of the statement that is to be generated.

4. Select Communication mode from the drop-down list -- i.e the manner in which you want to send the statement. Available options are Data handoff, e-invoice, e-mail, paper, SMS and Web Hotel.

5. Select Frequency of the statement to be generated from the drop down. Available options are: Daily, Weekly, Fortnightly, Monthly, Quarterly, Semi-annual, Annual, On Liquidation, On Debit Liquidation date and On Credit Liquidation date.

6. Select the Statement fee from drop down list of Event based Flat or Banded charges maintained under Admin > System code > Charges. This is the fee that is to be collected from the Client for the statement defined above. This charge may be deferred.

7. Click Save. Statement page appears with the added details..

Functions: Add, Edit, Delete

The additional fields that you can view in the Statement tab are explained below:

• Last statement date -- It denotes the last date of the statement generated.

• Last statement number -- It denotes the number of statement last generated.

To edit Statement

1. Click Edit. Edit Statement page appears.

Note: Except Statement id, Last statement date and Last ststement number rest all the fields are editable.

2. Click Save. Statement page appears with the edited details.

Note: Once Add or Edited the Status will reflect as Pending. Approval can only be done by a user different from the one who created the record. Once approve the red bubble disappears.

Function: Add, Edit, Delete, Approve

The additional fields available here are:

• Status field denotes the status of the tab.

• Added field denotes the date on which the record was added.

• Added by field denotes the name of the user who created the record.

• Approved field denotes date on which the record was approved and is displayed only on approval.

• Approved by field denotes name of the user who approved the record and is displayed only on approval.

Delete: You can delete Statement record by a click on Delete button. When you click on Delete button, Aura displays an alert message. On confirmation Aura will delete the Statement record.

Term Deposit Certificate

The Term Deposit Certificate tab allows you to issue, invalidate, and approve Term Deposit Certificates for the selected Term Deposit Account. This tab is displayed only if the associated Term Deposit Product is configured with Allow Term Deposit Certificate = Yes in the product setup.

When you open a Term Deposit account for the first time, Aura checks the product setup to determine whether the Term Deposit Certificate tab should be displayed. After the account is created, the tab’s availability is controlled at the account level.

Any later change to the product setting will not affect the existing accounts.

To add/issue a new Term Deposit Certificate,

1. Access Term Deposit maintenance screen, click Term Deposit Certificate tab. This tab will show no records until you add a new certificate.

Note: The New button is enabled only when the Term Deposit account status is Activated.

2. Click New. New Term Deposit Certificate issue page appears.

3. Enter the Term Deposit Certificate number - this is a mandatory field and is maintained under Admin > Secured Stationery > Series with Type = Term Deposit Certificate and Status = Approved and Printed, and should be associated with the selected account branch.

4. You can use the Notes field to capture the purpose of issuance or any other notes related to the certificate.

5. Click Save. The Term Deposit Certificate page appears with the added details.

Functions: New, Edit, Invalid, Approve.

Note: If the entered certificate number is invalid, not in stock, or not issued from the same branch, Aura displays an appropriate error message.

When you issue or update a Term Deposit Certificate, Aura tracks its lifecycle through the following statuses:

• Issued - The certificate is active and currently issued for the account.
• Closed - The certificate becomes inactive when the Term Deposit account is closed. If the deposit is rolled over or renewed, Aura marks the existing certificate as Closed and a new certificate is issued.
• Invalidated - The certificate has been manually marked as invalid.

To edit Term Deposit Certificate,

1. Click Edit. Edit Term Deposit Certificate Issue page appears.

Note: Only the Notes field is editable.

2. Click Save. The Term Deposit Certificate page appears with the edited details.

Note: When you save, Aura creates an event - TDCISU (Term Deposit Certificate Issue) with the status set to Pending. This event can be viewed under the Event tab of the Term Deposit Maintenance Account.

Status of the certificate remains pending until it is approved by another user. On approval, the status is set to approved. When you approve, Aura updates the record status from Pending to Approved and marks the related event (TDCISU) as Success in the Event Master table.

The Approve button is enabled only when the record status is Pending and the certificate status is either Issued or Invalidated.

Functions: New, Edit, Invalid, Approve.

The Edit button remains enabled even after a record is approved. However, if any changes are made, the updated details will require re-approval from another user as per the maker-checker process.

To mark Term Deposit Certificate as invalid,

1. Click the Invalid button. Mark as invalid page appears.

Enter the reason for invalidation in the Notes field.

2. Click Save. Status of the Certificate will be changed to Invalidated and will be marked pending till it is approved by another user.

Note: When you save, Aura creates an event TDCINV (Term Deposit Certificate Invalidated) with the status set to Pending. This event can be viewed under the Event tab of the Term Deposit Maintenance Account.

When you approve, Aura updates the record status from Pending to Approved and marks the related event (TDCINV) as Success in the Event Master table.

Functions: New, Edit, Invalid, Approve.

The additional fields that are shown are:

• Status indicates the current state of the record. It will be either: Pending - If the record is waiting for approval or Approved - If the record has been reviewed and finalized.
• Added shows the date and timestamp when the record was created and Added by displays the user ID and full name of the person who created the record.
• Approved shows the date and time when the record was approved and Approved by displays the user ID and full name of the person who approved the record.

Custom Field

This menu option allows you to define fields apart from those that are already available in the standard version of Aura. Thus, it enables you to customize additional data storage and use as required to suit your specific business needs.

To maintain the Custom Field,

1. Access Term Deposit page. Click Custom Field tab.

2. The custom field(s) appears only when it is created in Admin > System codes > Custom fields > Custom fields and linked to specific Product option in Admin > System codes > Custom fields > Field mappings.

3. Click Edit. Edit Custom Field page appears.

4. Enter Account Name.

5. Click Save. The Custom Field page appears with the edited details.

Function: Edit

Note: Custom field functionality has been explained in detail in Admin > Custom field manual.