RD account can be extended after completion of Five year and 60 installment in Finacle. The extension period is 5 year. PRDCM command is used for RD Extension. PRDCM stands for "Perform Recurring Deposit Continuation on Maturity". The process of using this command is given below:-
- Menu Shortcut - PRDCM
- GO
- The following screen will be appeared on main screen.
- Fuction - C-continue
- A/c ID - Customer RD Account No.
- GO
- The following screen will be displayed.
- Continuation Deposit Tenure - 60
- Click Generate
- Submit
- Login As supervisor
- Menu shortcut - PRDCM
- GO
- The following screen will be displayed
- Function - V-Verify
- A/c ID - Customer RD Account
- GO
- The following screen will be displayed
- Submit
- Now new maturity date is extended for 5 year.
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