How to calculate SSA default or Penalty Amount for discontinued account.
  • SSA Discontinued Account
  • SSA minimum Deposit Amount Rs.250/-
  • Should be paid at least minimum amount per financial year
  • Account will be discontinued in case of non payment of minimum amount per financial year.
  • Auto renewal feature available by making payment of installment with penalty or default fee at any time before completion of period.
How to calculate penalty or default fee for SSA Account.
  • Default fee can calculate through Finacle using CPDTM Menu
  • ENTER Account number and minimum acceptance of deposit amount rs.100 
  • Click on Validate button to calculate the default fee for the particular account.
  • Amount will be displayed as Error Message.
  • Note the amount and collect from the depositor.