iBanking, Fixed Deposit / Debenture
Fixed Deposit software for Nidhi Company, NBFC, Urban Co-operative bank, Service Co-operative bank, Co-operative Societies, Microfinance, Debenture software for NBFC
- User definable deposit types and its attributes.
- For a given deposit type, different interest rates can be set for different customer types for a period.
- Provision to capture rates for Loan on deposit.
- Automatic account number generation.
- Joint account operation with up to four depositors.
- Provision to capture Operator/Nominee/Guardian details.
- Provision to freeze accounts.
- Interest Application Wizard for calculating and applying interest for all accounts of the selected deposit type for the specified period.
- Interest calculation takes holidays also into account if maturity date falls on a holiday. (depends on the attributes set during deposit definition).
- Compound Interest Calculation (Monthly, Quarterly, Half yearly, Yearly).
- Automatic lien adjustment during account closing.
- Matured Deposit Transfer wizard for automatic closure of matured accounts of the selected deposit type and opening of respective Matured Deposit accounts.
- Cash Transaction limit verification during payment.
- Renewal of accounts allowed based on deposit type attributes and renewal history is maintained.
- TDS Management
- SMS Alert