This topic provides the systematic instructions to capture the payout insturctions details for Term Deposit account.

1. Click Next in previous data segment screen to proceed with the next data segment, after successfully capturing the data.
   The Payout Instructions sceren appears.

If the Yes option is selected from the Cumulative field in the Account Details data segment.

Figure 2-11 Payout Instructions

Description of "Figure 2-11 Payout Instructions"

2. In the Payout Instructions screen, specify the required details.

   Note:

   The fields, which mentioned as Required, are mandatory.

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

   Table 2-9 Payout Instructions

   Field Name	Description
   Cumulative	Displays whether the account is cumulative. The value in this field appears based on the option selected in the Account Details data segment. If the Cumulative value is Yes then the user can set the payout instructions based on the selected maturity option in the below fields: Maturity Instruction Maturity Payout Mode If the Cumulative value is No then the user can set principal payout instructions based on the selected option in the below fields:. Principal Payout Instruction Principal Payout Mode
   Interest Payout	Displays the interest payout frequency configured at product level. This field appears if the Cumulative value is No.
   Interest Payout Mode	Select the payout mode for the interest amount. The available options are: Account GL Account Demand Draft The options in this drop-down list appears based on the Business Product Configuration screen. This field appears if the Cumulative value is No. The interest amount is redeemed based on the selected payout mode and set frequency.
   Maturity Instruction	Select the maturity type from the drop-down list. The available options are: Renew Principal and Interest Special Amount Renewal Renew Principal and Redeem Interest Redeem Principal and Interest This field appears if the Cumulative value is Yes.
   Maturity Payout Mode	Select the maturity payout mode from the drop-down list. The available options are: Account GL Account Demand Draft The options in this drop-down list appears based on the Business Product Configuration screen. This field is not applicable if the Renew Principal and Interest is selected in the Maturity Instruction list. This field appears if the Cumulative value is Yes.
   Payout Instruction	Select the payout instructions type from the drop-down list. The available options are: Renew Principal Special Amount Renewal Redeem Principal This field appears if the Cumulative value is No.
   Maturity Payout Mode	Select the maturity payout mode from the drop-down list. The available options are: Account GL Account Demand Draft The options in this drop-down list appears based on the Business Product Configuration screen. This field is not applicable if the Renew Principal and Interest is selected in the Maturity Instruction list. This field appears if the Cumulative value is Yes.
   Amount	Specify the amount for renewal. The default set currency appears in the list. This field is appears if the Special Amount Renewal is selected in the Maturity Instruction list.
   Account	Select the account number in which the maturity amount should be transferred. This field appears only if the payout mode is selected as Account. The list populates only the saving accounts of the applicants who are involved in the application.
   GL Account	Select the account number in which the maturity amount should be transferred. This field appears only if the payout mode is selected as GL Account. The list populates only the Saving or GL accounts respectively of the existing applicants who are involved in the application.
   Payee Name	Specify the payee name of the demand draft. This field appears only if the payout mode is selected as Demand Draft.
   Branch Code	Specify the branch code from the list.

If the No option is selected from the Cumulative field in the Account Details data segment.

Figure 2-12 Payout Instructions

Description of "Figure 2-12 Payout Instructions"

3. In the Payout Instructions screen, specify the required details.

   Note:

   The fields, which mentioned as Required, are mandatory.

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

   Table 2-10 Payout Instructions

   Field Name	Description
   Cumulative	Displays whether the account is cumulative.
   Principal Payout Instruction	Select the principal payout instruction type from the drop-down list. The available options are: Renew Principal Special Amount Renewal Redeem Principal
   Amount	Specify the amount for renewal. The default set currency appears in the list. This field is appears if the Special Amount Renewal is selected in the Principal Payout Instruction list.
   Principal Payout Mode	Select the principal payout mode from the drop-down list. The available options are: Account GL Account Demand Draft The options in this drop-down list appears based on the Business Product Configuration screen. This field is not applicable if the Renew Principal is selected in the Principal Payout Instruction list.
   Interest Payout	Displays the frequency of interest payout.
   Interest Payout Mode	Select the interest payout mode from the drop-down list. The available options are: Account GL Account Demand Draft The options in this drop-down list appears based on the Business Product Configuration screen.
   Account	Select the account number in which the maturity amount should be transferred. This field appears only if the Account option is selected as payout mode. The list populates only the saving accounts of the applicants who are involved in the application.
   GL Account	Select the account number in which the maturity amount should be transferred. This field appears only if the GL Account option is selected as payout mode. The list populates only the Saving or GL accounts respectively of the existing applicants who are involved in the application.
   Payee Name	Specify the payee name of the demand draft. This field appears only if the Demand Draft option is selected as payout mode.
   Branch Code	Specify the branch code from the list. This field appears only if the Demand Draft option is selected as payout mode.

4. Click Next to navigate to the next data segment, after successfully capturing the data. The user is required to provide all mandatory data segments and data fields for the system to validate. If any mandatory details are missing, the system displays an error message for the user to correct the information. Users must capture the mandatory data before they can proceed to the next data segment.