This topic describes the systematic instructions to create charge product preferences.

1. On Home screen, click Retail Deposits. Under Retail Deposits, click Configurations. Under Configurations, click Interest and Charges.
2. Under Interest and Charges, click Charge Product Preferences. Under Charge Product Preferences, click Create.
   The Create screen displays.

   Figure 3-1 Create Charge Product Preferences

   
   

   
   Description of "Figure 3-1 Create Charge Product Preferences"

   
   
3. Specify the fields on the screen.

   For more information on fields, refer to the field description table.

   Table 3-1 Create Charge Product Preferences - Field Description

   Field	Description
   Product Code	Specify a unique code to identify the charge product.
   Product Description	Specify the appropriate description for the Product Code. This description is associated with the product for information retrieval purposes.
   Charge Basis	Choose the basis for charge calculation from the drop-down. The options are as follow: Item Count - Count based charges Adhoc Statement - Non periodic statement charges Statement - Charges on regular/ periodic statements Turnover - Turnover based charges Cheques Issued - Number of cheque leaves issued Stop Payment - Number of stop payments executed Account Opening - On opening of account.
   Start - End Date	Specify the date range when the product will be applicable. The charges will be applicable only during this period.
   Currency	Specify if the charges should be applied in local currency or the account currency.
   Slab/Tier	Specify whether the charge has to be applied on a slab basis or tier basis.
   Periodicity	Choose the intervals between each charge liquidation from drop-down. The options are as follow: Adhoc Daily Monthly Quarterly Semi Annual Annual
   Liquidation Month	Choose the month in which liquidation is to take place when the periodicity is maintained as Quarterly, Semi Annual or Annual. For Example: If periodicity is Quarterly and month is chosen as March, then the liquidation of charge for first quarter will be in March and the second quarter will be set as June automatically. If Preiodicity is Adhoc, Daily, or Monthly, the liquidation month should be chosen as None.

4. Click Save to save the details.