CYI Calculation of SBA Accounts in Finacle

Normally SBA Interest can be calculated in DOP Finacle using the below menu shortcut

View Current Year Interest without closing of SBA Accounts

Menu : HACCDET - General details of Account
 
  • Invoke HACINT menu to calculate loan interest (CEPT IT Team to be contacted for this)
  • At PO Level, we can not execute the above menu i.e HACINT. we does not have permission to access the above interest execution command.
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.