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.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.