You can add the simulation details for doing the rollover. The existing TD details are also displayed.

1. On the Homepage, from the Retail Deposit Services mega menu, under Term Deposits, under Transactions, click Rollover or specify Rollover in the search icon bar and select the screen.

   The Term Deposit Rollover screen is displayed.

   Figure 3-22 Term Deposit Rollover

   
   Description of "Figure 3-22 Term Deposit Rollover"
2. Click the icon or specify the account number in the Account Number field, and press Enter or Tab.
   The details are displayed in the screen.

   Figure 3-23 Term Deposit Rollover - Deatils

   
   Description of "Figure 3-23 Term Deposit Rollover - Deatils"
3. On the Rollover screen, maintain the required details. For more information on fields, refer to the field description table.

   Table 3-17 Term Deposit Rollover – Field Description

   Field	Description
   Account Number	Click the icon and select the account number or specify the account number to perform TD rollover. Note: The account holder name is displayed adjacent to this field.
   Status	Displays the status of the TD. The possible options are: Active Overdue Closed
   Deposit Details	Displays the principal balance of the TD, the rate of interest, and the tenor of the TD.
   Maturity	Displays the proceeds due to the customer on maturity and the maturity date.
   Reinvested Interest or Paid out interest	Displays the amount and currency for the reinvested or paid out interest. Note: If the interest if of reinvest type, then the field name is displayed as Reinvested Interest. If the interest if of paid out type, then the field name is displayed as Paid out Interest.
   Tax Deducted	Displays the actual tax deducted on reinvested or paid out interest till date.
   Maturity	Select the option for providing the maturity rollover TD. The options are: Tenure: If you select this option, specify the tenure in Years, Months, and Days field. Date: If you select this option, specify or select the date from the field displayed adjacent.
   Rollover Date	Display the rollover deposit opening date. This date will be the maturity date of the existing TD.
   Continue Variance	Switch to to continue the interest variance to the rolled-over TD. Switch to to stop the continuation of interest variance to the rolled-over TD.
   Interest Rate Basis	Select basis for the interest rate. The options are: Incremental Amount Cumulative Amount
   Add Funds	Switch to to add additional funds to the rollover. Switch to to not to add additional funds to the rollover. Note: If you switch to , then specify the amount in the field adjacent.
   Settlement Details needs to be captured.	Displays the Capture Settlement Details link for capturing the settlement details for the rollover. For more information on settlement, refer Settlement Details. Note: This field is displayed, if you switch to from the Add Funds field.

   • View Simulated Output: As you specify the amount in the Top-up Amount field, the simulated output details are displayed.

     Note:

     Based on the input data provided, the system simulates the details of TD and displays them in a widget on the right side.

   Figure 3-24 Simulation Details

   
   Description of "Figure 3-24 Simulation Details"

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

   Table 3-18 Output Details - Field Description

   Field	Description
   Maturity Amount	Displays the maturity amount for the rollover TD.
   Principal	Displays the total principal of the rolled over.
   Net Interest	Displays the net interest on the principal. (Interest - Tax)
   Interest Rate	Displays the interest rate applicable for the rolled-over deposit.
   Maturity Date	Displays the maturity date of the rolled-over TD.
   Tenor	Displays the tenor of the rolled-over deposit in Years, Months, and Days.
   Part Redemption	Displays whether the part redemption is allowed for the deposit.
   Premature Redemption	Displays whether the premature is allowed for the deposit.
   Top-up	Displays whether the top-up is allowed for the deposit.
   View Interest Details	Click the link if the interest details need to be viewed.
   Date	Displays the date of interest payout/compounding date.
   Reinvested Interest or Paid out interest	Displays the reinvested interest/paid-out interest.
   Principal	Displays the principal after the interest liquidation on this date.

   • View Interest Details: You can view the interest details by clicking the View Interest Details link.

     The Interest Details section is displayed.

   Figure 3-25 View Interest Details

   
   Description of "Figure 3-25 View Interest Details"

   Table 3-19 Interest Details – Field Description

   Field	Description
   Date	Displays the date as of which the interest amount is applicable.
   Reinvested Interestor Paid out Interest	Displays the interest amount computed as of the date.
   Principal	Displays the principal balance taking into consideration the effect of the interest for that date (if it is a re-invest kind of TD).

   • Click the Back link to view the simulation details.
4. Click Submit.
   The screen is successfully submitted for authorization.