Wednesday, March 30, 2016

1RD Account Extension or Continuation in DOP Finacle

RD account can be extended after completion of Five year and 60 installment in Finacle. The extension period is 5 year. PRDCM command is used for RD Extension.
  • Use Menu the below menu for Extend RD Account if all installments are paid
PRDCM - Perform Recurring deposit Continuation on Maturity
Function Code : C-Continue
A/c ID: Enter Account No
Scheme : automatically fetched from Server 
  • Extend RD Account if Less than 60 Installments are paid
PMDDRD - Maturity date deferment 
Function Code : D- Defer
  

Both the Menus are to be used for extension in DOP Finacle.

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