RD Account Extension or Continuation in DOP Finacle

DOP Finacle Menu for RD Extension

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.
  • Use Menu the below menu for Extend RD Account if all installments are paid
PRDCM - Perform Recurring deposit Continuation on Maturity
Function Code : C-Continue
A/c ID: Enter Account No
Scheme : automatically fetched from Server 
  • Extend RD Account if Less than 60 Installments are paid
PMDDRD - Maturity date deferment 
Function Code : D- Defer

Both the Menus are to be used for extension in DOP Finacle.

1 Comments

  1. RD A/C MATURED IN AUG,2015. CUSTOMER NOW WANTS TO EXTEND IT FOR ONE MORE YEAR.SO THAT HIS
    MIS A/CS INTT. WILL PROVIDE HIM MORE BENEFIT. BUT IN PRDCM IT GIVES ERROR OF DEFAULTED MONTHS

    ReplyDelete
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