ANDHRA PRAGATHI GRAMEENA BANK HEAD OFFICE : KADAPA. Cir No BC-ITD Date:

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1 ANDHRA PRAGATHI GRAMEENA BANK HEAD OFFICE : KADAPA Cir No BC-ITD Date: Creation of Product Code and parameters in TBM for Pragathi Ujvala Deposit Attention of the Branches/ECs/Regional Offices is invited to the captioned subject. The Bank has launched a new deposit Product namely Pragathi Ujvala for 750 days with 8.00% p.a and the guidelines are informed through Circular No BC-PDD dated The procedure to create new deposit Product Code and its incorporation in Trial Balance, PL Report and Balance Sheet is already given in Cir.No BC-PDD dated However for ready reference to the Branches, the procedure to create new Product Code, various Parameters and its incorporation in Trial Balance, PL Report and Balance Sheet is given in the Annexure. Branches are advised to go through the procedure and adopt the same without any deviation. The Product Code of Pragathi Ujvala deposit is and the Code of IOD on Pragathi Ujvala is Branches should circulate this circular among all the staff members working in the branch. The staff members should go through the circular, get clarified the doubts, if any, and proceed for implementation Clarifications required, if any, in this regard may be sought from Head Office, IT department through their respective Regional Offices. (K PREETAM LAL) CHAIRMAN Note: To take care the revised amount Installment amount (1250) value in Pragathi Lakshadhikari (13032) Scheme, Branches should modify the Minimum Amount field value accordingly in the following menu path for Product Code i.e, Pragathi Lakshadhikari and authorize the modification. Params Product Maintenance Product Administration Parameter Creation Term Deposits Create. Annexure to Cir.No BC-ITD dated

2 ANNEXURE Procedure for creation of New Product Code for PRAGATHI UJVALA Deposit in TBM Code Numbers: The Product Code of Pragathi Ujvala deposit is The Code of IOD on Pragathi Ujvala is The sort code for Pragathi Ujvala in Trial Balance Print definitions is The sort codes for IOD on Pragathi Ujvala in PL report Print definitions is The sort code for Pragathi Ujvala in Schedule 3 Deposit of Balance Sheet for Print Format Type S3 is The sort code for IOD on Pragathi Ujvala in Schedule 15 Interest Expended of Balance Sheet for Print Format Type S15 is The procedure to create the new deposit Product and it s linking in Trial Balance and Balance Sheet contains eight steps. 1) Creation of Internal Account for IOD on Pragathi Ujvala The menu path to create the Code for IOD on Pragathi Ujvala is Masters Account Master Internal Account Create Accounts Master for Internal Accounts screen will appear. The field values shall be entered as shown below to create the Code for IOD on Pragathi Ujvala Branch Code Account Customer No Account Name A/C IOD ON PRAGATHI UJVALA Acc Type 1 Normal Mode of operation 1 Self Account Status 2 New Minor Type Currency Code INR Ledger Offset Rate Normal Penal Interest Tax Freeze Type 1 No Freeze Reason User/Date Open Closed Member Type Member No Special 1: Instructions 2: Date of Establishment/ Date of Birth Pay in Account Drawing Power N/D/M N Annexure to Cir.No BC-ITD dated

3 Keep the second page of the screen as it is and click O.K button. Authorise the creation of the Internal Account. 2) Creation of Product Code for PRAGATHI UJVALA Deposit The menu path to create the Product Code for Pragathi Ujvala deposit is Params Product Maintenance Product Administration Product Master Create Product Code PRAGATHI UJVALA Currency Code INR INDIAN RUPEES Customer/Internal C Customer Voucher Entry Level S Sub Account Account Open Level S Sub Account Module Type 20 Term Deposit Type of Deposit A Local Deposit *** Auto Generate Acct No N NO Auto Generate Sub Acct N No Min Bal-Check Book Asset/Liability L Liability Min Bal-Non Check Fin/Non-Fin F Financial Conditional Asset GL Conditional Liability GL Reconciliation Type N None Implementation Date <<Date>> Product Status 1 Normal/Operative Accrued N No Cash DR/CR Transfer DR/CR Clearing Y Y Y Y N N ALM Classification Main Sub Last Dr Date Last Cr Date Authorise the creation of the Product Master. *** After opening first account in the Product, the Auto Generate Acct No field value in the Product Master shall be modified as Y (Yes) for auto generation of account numbers and authorize. 3) Creation of Term Deposit Parameter Master :The menu path to create the Term Deposit Parameter is Params Product Maintenance Product Administration Parameter Creation Term Deposits Create. Branch Code Product Code PRAGATHI UJVALA Installment/Principal P PRINCIPAL Period Type D DAYS *** Minimum Deposit Period 1 Maximum Deposit Period 750 Minimum Amount 500 Max Amount 9999,99,99, RD Penal Rate RD Penal Amt Consecutive Delay Instl RD Inst Freq Units Allowed Y/N N NO Unit Value Grace Days Maturity Grace Days for Installment Interest Frequency Q QUARTERLY Interest Paid Y/N N NO Cumulative Interest Y/N Y Customer Frequency Y/N N Number of Days in Year 365 Interest Roundoff F NEAREST 1.00 Maturity Period Y/N Y Formula Maturity A ROUNDING ON 2 DIGITS Prematurity Interest Type 8 Prematurity Penal Rate 3

4 Annexure to Cir.No BC-ITD dated Penal+offset Months Certificate Query Y/N N Default Transfer Batch TR-INT Princ Amt in Units 100 Maximum Amount pay by 20, Mat Val in Units Cash Interest Debit Account Min Instls Interest Credit Account Premature Closure Y/N Y RD Penal Account TD Cash Payment Acct TDCP Move to next page of the screen by clicking NEXT button. The values in the second screen shall be entered as follows. Home Currency Y Mat Deposit Transfer Add Residual Days Y/N N Min Int Days 15 Pay overdue Int At Closure from Days Short Term Period Months/Days 3 90 Locking period Months Deposit Amount Interest Payout % Pay out Freq Auto-Renewal Y/N N No of Renewals Renewal with Interest Renew with Back Dt Int Rate Period 14 Renew with Cur Dt Int Rate Period 9999 Tax Project Y Interest Tax % TDS Auto Deduction Y TDS Amount 10, TDS Account After entering values as shown above, click OK button. Authorise the creation of Term Deposit parameter. 4) Creation of Interest Rate Table and Offset Interest Rate Tables: The menu path to create the Interest Rate Table is Int Appln Int Rate Masters Deposits Term Deposits Create Product PRAGATHI UJVALA Currency code INR Effective Date <<DATE>> Remarks << Circular Number with Date > Serial Months Days Interest rate Penal int rate Number Table Continued 4

5 Annexure to Cir.No BC-ITD dated Authorise the creation of the Interest Rates Table. Branches should create Offset Interest Rate for Staff, Staff-Women, Ex-Staff Senior Citizen as per Circular No BC-ITSD dated in the following menu path. Int Appln Int Rate Masters Deposits Amt/Period wise int rate Since the Interest Rate for the Product is 8.00% and cap is 8.25%, the Offset Interest Rate for Sr.Citizens under the Product shall be 0.25% only The menu path to create the Offset Interest Rates is Int Appln Int Rate Masters Deposits Amt/Period wise int rate Authorise the creation Offset Interest Rate tables. IMPORTANT: After authorizing the Interest Rate and Offset Interest Rate tables, branches should modify the Minimum Deposit Period parameter value for the Product is as 750 from 1 in the menu path shown in Point 3. 5) Creation of Global Account Other Details Master: The menu path to create the Global Account Other Details Master is Params --> Product Maintenance --> Global Account Details Create Branch should enter the values in the screen as shown below. Product Code PRAGATHI UJVALA Minimum Balance Charges N NO Check Book Y/N N NO Check Book Charges N NO TDS Y/N Y YES TDS Reason Code Inspection Charges N NO Demat Y/N N NO Service Charges N NO Folio Charges YN N NO ATM Y/N N NO Statement Frequency N NO STATEMENT 5

6 Pass Book Charges N NO PLR Link Y/N N NO Other Branch Transfer Acct N NO Y/N DP YN N NO Allow DPYN Charges N NO 6) Creation of Product Names and Addresses definitions: Annexure to Cir.No BC-ITD dated The menu path to create the Product Names and Addresses definitions is Params Product Maintenance Product Names Addresses Create. Branch should enter the values in the screen as shown below. PRODUCT NAME AND ADDRESS DEFINITION PRAGATHI UJVALA Serial No Category Type Description Minimum No Maximum No 1 N 1 JOINT NAMES N 5 AUTHORISED 1 5 SIGNATORIES 3 N 6 GUARDIAN A 1 A/C HOLDERS PERMANENT ADDRESS A 2 A/C HOLDERS OFFICE 1 1 ADDRESS Authorise the above creation. 7) Incorporating the New Product Codes in the Trial Balance and PL Report. The menu path to incorporate the new Product Code in Trial Balance and PL Report is Params Print Formats GL/PL Print Format Create The values shall be entered as follows to incorporate the Product Code in Trial Balance Report. Branch Code Print Format Type GL GENERAL LEDGER Sort Code Product Code PRAGATHI UJVALA PL Acct: Heading PRAGATHI UJVALA Floating Y/N N NO Both Sides Y/N N NO After creation of above code the values shall be entered in the same screen as follows to incorporate the Code of IOD on Pragathi Ujvala in PL Report. 6

7 Branch Code Print Format Type PL PROFIT & LOSS A/C Sort Code Product Code PL Acct: Annexure to Cir.No BC-ITD dated A/C IOD ON PRAGATHI UJVALA Heading IOD ON PRAGATHI UJVALA Floating Y/N N NO Both Sides Y/N N NO 8) Incorporating the New Product Codes in the Balance Sheet The menu path to incorporate the new Codes in Balance Sheet is Path: Params Print Formats Balance Sheet Print format 8.1) Incorporation of PRAGATHI UJVALA (13105) Code on in Schedule 3 of the Balance Sheet Select S3 in the Print Format Type box of the screen and press Enter key. The description Schedule 3 DEPOSITS will be displayed. The cursor will be in the first column of the first row. Press F3 key. One blank row will be created. Enter numbers in first row as shown below. After entering the first row the first three rows of the screen shall be as follows. Generalised Print Definition Master Print Format Type: S3 Schedule 3 - DEPOSITS Sort1/2/3/ ImpLvl PrdCd Account TypeCd5 AYN/FYN/DRCR Heading 4 Id P PRAGATHI UJVALA 1 1 CD DEMAND DEPOSITS FORM B i. From Banks After entering the values in the first row press Alt+O (alphabet O) keys i.e, while pressing the Alt key press the alphabet O to insert the values in the data. 8.2) Incorporation of IOD on PRAGATHI UJVALA (13105) Code on in Schedule 15 of the Balance Sheet The menu path is same as above. Select S15 in the Print Format Type box of the screen and press Enter key. The description Schedule 15 INTEREST EXPENDED will appear. The cursor will be in the first column of the first row. Press F3 key. One blank row will be created. Enter numbers in first row as shown below. After entering the first row the first three rows of the screen shall be as follows. 7

8 Annexure to Cir.No BC-ITD dated Generalised Print Definition Master Print Format Type: S15 Schedule 15 INTEREST EXPENDED Sort1/2/3/4 ImpLvl PrdCd Account Id TypeCd5 AYN/FYN/DRCR Heading A IOD on PRAGATHI UJVALA 1 1 INTEREST EXPENDED i. Interest on Savings Bank After entering the values in the first row press Alt+O (alphabet O) keys i.e, while pressing the Alt key press the alphabet O to insert the values in the data. ========== *********========== 8