Current year calculation for SBA accounts

• If we want to know the CYI(Current Year Interest) for SBA accounts(SB,PPF and NSS account) we can view the same in the menu HACCDET
• If we are trying to close the SBA accounts(SB,PPF and NSS account) in Fiancle application, at the counter level the counter PA don't know the amount of interest(CYI) at the time of closure of SBA accounts.
• After verification of SBA accounts closure only the counter PA will know the CYI by invoking the ledger inquiry(by using HACLI) for SBA accounts.
• In order to view the CYI for SBA accounts the counter PA before closing the SBA accounts he can view the CYI by using the menu HACCDET.

HACCDET:- Stands for General Details of Account

• Invoke the menu HACCDET enter the account number and click on GO as shown

• Then the system will show the no of details such as

1. CYI(Current Interest Year) of the SBA account.
2. CIF id of the customer.
3. Scheme code of the code
4. Account status.
5. Mode of operation.
6. Total balance in the customer account as shown in the below figure

So make a practice to invoke the menu HACCDET to know the current year interest for SBA accounts before trying to close the account.