1.1 Retail Deposits Business Product

Users can classify the customer accounts of the bank into different groups and assign each group an identifying code.

Each group is referred to as a Business Product and is maintained in the Retail Deposits Business Product Configuration screen. User also define certain common fields applicable to the accounts in this business product, such as the General Ledger lines to which the accounts in this report to facilities granted to the account holders.

Business Product definition and various features are captured across the following sub-screens covered as subtopics.

  • Basic Details
  • Features
  • Preferences
  • Tenor Parameters
  • Rate Chart Parameters
  • Maturity Instructions
  • Maturity Holiday Treatment
  • Interest
  • MIS

This topic contains the following subtopics: