BO Interest Payment of 2,3 & 5 Years TD A/c at Account Office in DOP Finacle

When SB7 is received from BO for sanction of interest, PA at Account Office (SO/HO). First Invoke the menu HTDTRAN or HIOT to check the interest accrued for the said TD account. Following procedure should be followed:-

• Menu Shortcut HIOT
• Enter the SOL ID
• Select the scheme type as None
• Enter the TD Sundry account Number
• Enter the period wherein the TD interest has accrued (Start date and end date)
• Enter the TD account number in the Ref No. field
• Click on Submit
• Accrued TD interest is displayed.

The interest accrued can be viewed in the HPR report. The interest accrued should be written in the Payment Warrant (SB7) and after signature of Supervisor, send back SB-7 to BO concerned after following the laid down procedure for sending sanction to BO. On receipt of TD SB7 after payment from BO, the following procedure has to be followed by PA for entering the Interest paid on TD account in case of 2/3/5 TD through HTM

• Counter PA to invoke HTM menu
• Select the Function – Add
• Select the Transaction type – Cash/Cash Transfer
• Select the Transaction Type as Debit and enter the SUNDRY DEPOSIT TD account number (0335)
• Enter the amount of TD interest paid
• Enter the BO TD account number in the reference column
• Click on GO
• Enter the BO TD account number in the Ref. No. field
• Click on GO
• Click on the required row which contains the unpaid TD interest for the said BO TD account.
• Click on Accept
• Click on the Credit Radio Button “Credit” and enter the BRANCH SETTLEMENT ACCOUNT (SOLID 0339) and in Ref No. field, enter TD Account number.
• Click on Submit. Interest paid with respect to BO TD account in case of TD 2/3/5 is completed.

The Same procedure is followed for MIS & SCSS. Only sundry deposit account has to be changed for both scheme.