How to check the renewal of FDR in Finacle 10

In Finacle 7, we check the renewal of FDR through the Menu – ACI or ACLI then Ctrl+E, But in the Finacle 10 these menu are not working. So it is difficult the write the renewal update on FDR

 

In Finacle 10, By the use of following steps, we can write the renewal update on the FDR receipt:-

 

Step 1

Menu – HACMTD

Go

 

Step 2

Function : - Inquiry

A/C No. : - write FD a/c number.

Go  

 

Step 3

Go to Scheme

Here you see all the following detail:

Opening Date :

Principal Amount:

Period:

Maturity Amount:

Maturity Date:

Rate of Int.:

 

Now you can write the details on back side of Fixed Deposit Reciept

 

 

Thanks…!!!

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Process of RTGS/NEFT in Finacle 10

Finacle-10 is being introduce in some bank as the working software instead of previous version of finacle -7. We do RTGS/NEFT in Finacle-7 many time but there menu and process  is different as in Finacle 10. Here we learn how to do RTGS/NEFT in advance version of Finacle i.e Finacle 10

Lets Starts
1. Menu – HPORDM

2.  Function                  –   A – Add

     Payment Product     –  Customer Transfer

Then click on Go

3.  In Remittance Details (our customer details) fill the followings details -

Debit A/C. –

Instrument type –

Instrument Date -

Remittance CCY/Amt.  –

Instrument Alpha/Serial No. –

4. then in Beneficiary Customer (Other bank customer details)

A/c. ID –

Name –
Address line 1 –
Address line 2 –

5. Now in Account with Institution

BIC – Click on search

Note :- Here is two way to submit –

A. first ,
in Bank Identifier, write the complete IFSC , the submit

B. Second,

Write Bank Code & Branch Code then submit ( First way is more easier)

Then it show two code

RTGS

NEFT

Select what you doing i.e RTGS/NEFT

6. Now in Credit Details

Method of Payment – RTGS/NEFT (Either RTGS or NEFT)

Then click on Fetch

7. View Charges – Submit

8. Submit and write Pay Order ID for verification

(Note : In case of NEFT, Select Beneficiary Account Type – SB/CC/OD etc)

  

Thanks...!!!

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Schedule of JAIIB/CAIIB examination for Nov/Dec 2017

Dear All, IIBF announce the schedule of JAIIB/CAIIB examination for November and December 2017. First time IIBF changes the following two major changes for Nov/Dec examination 2017 onward:-

1. Candidate have option to choose venue and time slot of his/her choice for each subject as per their preference on first-cum-first-serve basis

2. Institute will now collect examination fee for each attempt separately from the candidates. Therefore, candidates have to register for each attempt separately.

JAIIB/DB & F

Subject	Examination Date
Principal & Practice of Banking	12-11-2017 / Sunday
Accounts & Finance for bankers	19-11-2017 / Sunday
Legal & Regulatory Aspect of Banking	26-11-2017 / Sunday

REGULAR OPEN PERIOD FOR REGISTRATION (29-09-2017 TO 29-10-2017)

With Normal Examination fees

EXTENDED PERIOD FOR REGISTRATION (30-10-2017 TO 6-11-2017)

With Normal Examination fees plus LATE FEES of Rs 200/- (Plus taxes as applicable)

EXAM	ATTEMPTS	FEE* (For Member)
JAIIB	First	2400*
	Second	1000*
	Third	1000*
	Fourth	1000*

*Plus GST as applicable.

CAIIB /CAIIB Electives

Subject	Examination Date
Advance Bank Management	03-12-2017 / Sunday
Bank Finance Management	10-12-2017 / Sunday
Corporate Banking	17-12-2017 / Sunday
Rural Banking
International Banking
Co-operative Banking
Financial Advising
Human Resource Management
Informational Technology
Risk Management
Central Banking
Treasury Banking

REGULAR OPEN PERIOD FOR REGISTRATION (29-09-2017 TO 29-10-2017

With Normal Examination fees

EXTENDED PERIOD FOR REGISTRATION (30-10-2017 TO 6-11-2017)

With Normal Examination fees plus LATE FEES of Rs 200/- (Plus taxes as applicable)

EXAM	ATTEMPTS	FEE* (For Member)
CAIIB	First	2700*
	Second	1000*
	Third	1000*
	Fourth	1000*

*Plus GST as applicable.

For details, click on  IIBF official site.

Thanks...!!!

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NON- RESIDENT INDIANS (NRIs) Business

FEATURES OF VARIOUS DEPOSIT SCHEMES FOR NON- RESIDENT INDIANS (NRIs)

Particulars	Foreign Currency A/c (Bank Scheme)    (FCNR (B) A/c)	Non Resident (External) Rupee          (NRE A/c )	Non-Resident (Ordinary) Rupee     (NRO A/c)
Eligibility	Any NRI/PIO (except Bangladesh/Pakistan nationality which require RBI prior approval).	Any NRI/PIO (except Bangladesh/Pakistan nationality which require RBI prior approval).	Any NRI/PIO (except Pakistan nationality which require RBI prior approval). Opening of accounts by individuals of Bangladesh nationality may be permitted subject to evidencing valid visa and residential permit issued by FRO/FRRO
Eligible credits	Proceeds of Remittance to India in any permitted currency received through normal banking channel	Proceeds of Remittance to India in any permitted currency received through normal banking channel	Legitimate dues in India including current income like rent, dividend, pension, interest, etc. & Proceeds of Remittance to India in any permitted currency received through normal banking channel
Type of Account	Term Deposit	Current /Saving / Term Deposit	Current / Saving/ Term Deposit
Periodicity of Term deposit accounts	Term Deposit for any period between 1 to 5 years	Term Deposit for any period between 1 to 10 years	As applicable to local residents
Currency in which a/c can be opened	USD,GBP,EUR, JPY, CAD & AUD	INDIAN RUPEE	INDIAN RUPEE
Repatriability	Principal + Interest Repatriable	Principal + Interest Repatriable	Repatriable up to USD 1 Million per calendar year out of balance held in a/c subject to payment of tax & production of  C.A.Certificate .
Joint Accounts	Allowed with other NRI  / Residents*	Allowed with other NRI  / Residents*	Allowed with other NRIs & under “Former or Survivor” basis with resident close relatives
Nomination	Allowed	Allowed	Allowed
Loan against term deposits	Permitted up to 90% of present value of deposit	Permitted up to 90% of present value of deposit	Permitted up to 90% of present value of deposit
Premature withdrawal	Allowed, No interest is paid if the deposit is withdrawn before one year of deposit. Penalty of 1% is levied on the applicable rate of interest for which deposit remained with Bank or prevailing rate for that period, whichever is less	Allowed, No interest is paid if the deposit is withdrawn before one year of deposit. Penalty of 1% is levied on the applicable rate of interest for which deposit remained with Bank or prevailing rate for that period whichever is less.	Allowed. No penalty is levied provided the deposit remained with Bank for a minimum period of one year and the amount does not exceed Rs 5 lacs. In all other cases, penalty interest will be calculated @ 1% below the rate applicable for the period for which deposit remained with bank.
Tax Exemption	Interest earned & balance in FCNR exempted from Income/Wealth tax.	Interest earned & balance in NRE exempted from Income/Wealth tax	Income / Wealth taxes is levied @30%  +  surcharge. Exemption, if any, is subject to   double tax avoidance agreement with certain countries.
Other facilities	Account operation    allowed for local payments through Power of Attorney.	International Debit Card. Internet banking. Facility to issue Online Fixed/Recurring Deposit Account operation allowed for local payments through Power of Attorney.	International Debit Card. Internet banking. Facility to issue Online Fixed/Recurring Deposit Account operation allowed for local payments through Power of Attorney.

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Finacle

                   Objective Questions – Finacle

1.  By using which of the following menus, entry for revocation of a “Stop Payment” instruction can be made in finacle?

a)    HCHBM

b)    SPP

c)    REVSPP

d)    SPPREV

2.     What will be the value of DP Indicator at the time of opening any loan account in Finacle?

a)    N - None

b)    D - Derived

c)    M - Maintained

d)    E – Equal

3.     Which menu can be used to receive scheduled payments in loan accounts?

a)    HLAUPAY

b)    HLASPAY

c)    HLARSH

d)    HLPAYOFF

4.     Which menu can be used to receive unscheduled payments in loan accounts?

a)    HLAFACR

b)    HLASPAY

c)    HLARSH

d)    HLAUPAY

5.     Packing Credit can be disbursed using which of the following menus in finacle?

a)    HLADISBPC

b)    RPCTM

c)    TM

d)    HPCDISB

1.      

2.      

3.      

4.      

5.      

6.      

7.     While opening a LABOD A/c, Installment Frequency must be given as:

a)    Bullet

b)    Monthly

c)    After Maturity

d)    Quarterly

8.     Detailed interest report of any Loan/CC/OD Account can be obtained by using menu :

a)    INTRPT

b)    ACINT

c)    AINTRPT

d)    INTREP

9.     Stock and Book Debt statement can be linked to a Cash Credit (Hyp.) Account using which of the following menus?

a)    HALM

b)    HDML

c)    HCLM

d)    HLNM

10.   Which menu can be used to generate account statement of any office a/c (GL/PL) like Cash, Sundry etc.?

a)    HACLI

b)    HPSP

c)    ACLPCA

d)    ACLPOA

11.   Which menu allows the finacle users to Change Scheme code ?

a)    ACXFRSOL

b)    ACXFRSCH

c)    SCHCODCHG

d)    ACXFRSC

12.   Which menu is used to inquire about a customer using his pan number or mobile number?

a)    CUSTSEARCH

b)    FINDCUST

c)    CUSTFIND

d)    CUSINQ

13.   Which menu can be used to find out the unapplied interest accrued upto date for NPA accounts in Finacle?

a)    NPATM

b)    NPARPT

c)    ACACCR

d)    AINTRPT

.

14.   Limit Node can be created using which of the following menus in finacle?

a)    HLNM

b)    HCLM

c)    HALM

d)    LNDI

15.   Which of the following menus is used to change SOL ID of any account?

a)    ACXFRS

b)    ACXFRSC

c)    ACXFRSOL

d)    ACXSOLTRF

16.   Which menu can be used by a user to generate a date-wise report of live guarantees in finacle?

a)    GILR

b)    GMM

c)    BGSTMNT

d)    ACXSOLTRF

17.   A finacle user wants to change his password himself. Which menu will allow him to change his own password?

a)    PAPW

b)    REGPW

c)    PWMNT

d)    UCMR

18. Which of the following SB Scheme code name has recently been changed as “GovtScholarship-DBT” a/c

          a)  SB-124

          b)  SB-150

          c)  SB-138

          d)  SB-114

           e) SB-113

 19. What is the Loan Scheme code of newly launched “Baroda Home Loan Advantage” for residents ?                             

     a)    LA 183

     b)   LA 184
     c)    LA 185
     d)   LA 188
     e)   LA 190

20. A new product “Baroda Home Loan Suraksha Personal Loan” for home loan      Borrowers has ben launched , for funding life insurance premium of group  Credit life insurance . What is the scheme code in finnacle for residents   Borrows ?

    a)    LA 185

    b)   LA 178
    c)    LA 180
    d)   LA 188
    e)   LA 190

21. What is the new scheme code for Resident Short Deposit in Finacle?

a)    TD108

b)   TD118

c)    TD164

d)   TD154

e)   TD564

22. What is the menu option for reversal of wrong entry made in NPA A/Cs in Finacle?

a) NPATMREV

b)NPATMRVR

C)NPATM

d)NPATMRV

e)NPATMREVE

23. What is new menu option created for generating report for CERSAI?

a)    CERSAIREP

b)   CERSREP

c)    CERSAIR

d)   CERSREPRT

e)   CERSAIRPT

24. What is the menu option to mark NPA for Packing credit a/c?

a)BOBMEAC

b)MEAC

c)ACM

d)through ASCROM

e)No option

25. What is menu option to generate report for details of accounts which are activated from dormant status for the particular period?

a)    DACUP

b)   DORACT

c)    DORMNTACT

d)   DORMNT

e)   DORACTR

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