11 Status Code
A status code is a predefined alphanumeric label that indicates the state of an account.
Accounts move from one state to another based on the number of days they remained in the previous state. The system maintains various statues that apply to accounts for which account classes are defined. This is used to track Non-performing Assets (NPAs) for current and savings accounts.
This topic contains the following subtopics:
- Create Status Code
Creating a status code is a process in which administrators assign status codes and their sequence numbers to the different states in an account's lifecycle. This topic describes the systematic instructions to create status code. - View Status Code
This topic describes the systematic instructions to view the list of configured status codes.