How to do a Trial closure at the time of Premature Closure of NSC/KVP accounts in DOP Finacle

Menu->using CSCCAAC(NSCAC).

•   Trial premature closure option for the NSC/KVP accounts is done by executing the menu CSCCAAC(NSCAC).
•   The interest applicable on premature closure of NSC/KVP accounts can be seen using the above referred menu.

CSCCAAC (NSCAC)Menu execution

Enter menu CSCCAAC(NSCAC)  and provide the inputs as shown below and select GO 

On press of GO, the details will be shown in the details page, the interest details are highlighted for the record.

Once the Close option is selected, the principal amount and interest amounts can be seen.

Once the details are observed and noted, select Cancel.

Submit should not be clicked as it would lead to actual closure of the account.

If by mistake, Submit is clicked, a warning message     " Please confirm again this is a actual closure and not a Trial Closure" would appear for confirmation. User should immediately enter 'No' and cancel to avoid actual closure.

NSC Premature Closure i.e. closure before the maturity date

(a). In the menu CSCCAAC,

    i) The closure value date will be auto populated as BOD. In case of closure due to death, closure value date should be changed to date of death.

    ii) Select the account which needs to be closed prematurely

    iii) Input the closure reason code as one of the below:

          OBMIN- Order by Ministry of Finance

          FORFT - forfeiture of certificates

          DTCLM- Death claim (in case of closure due to death)

   iv) Mode of repayment allowed will be "Transfer" only and "Cash" mode will not be allowed

KVP Premature Closure i.e. closure before the maturity date

KVP Premature Closure i.e. closure before 2 years and 6 months from KVP account open date

(a). In the menu CSCCAAC,

    i) The closure value date will be auto populated as BOD. In case of closure due to death, closure value date should be changed to date of death.

    ii) Select the account which needs to be closed prematurely

    iii) Input the closure reason code as one of the below:

    OBMIN- Order by Ministry of Finance

    FORFT - forfeiture of certificates

     DTCLM- Death claim (in case of closure due to death)

   iv) Mode of repayment allowed will be "Transfer" only and "Cash" mode will not be allowed