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Deposit Management

The Deposit Management module handles all types of deposit accounts and their operations.

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Deposit Types

  • Savings Deposits
  • Current Deposits
  • Term Deposits
  • Recurring Deposits
  • Special Deposits

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Features

  • Deposit Account Opening
  • Interest Calculation
  • Maturity Management
  • Early Withdrawal
  • Rollover Processing
  • Statement Generation

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Interest Management

  • Interest Rate Configuration
  • Interest Calculation
  • Interest Payment
  • Tax Deduction
  • Interest Statement

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Operations

  • Deposit Placement
  • Partial Withdrawal
  • Full Withdrawal
  • Account Maintenance
  • Account Closure

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Integration

The Deposit Management module integrates with:
  • Account Management
  • Transaction Processing
  • Interest Management
  • Reporting Systems
  • Tax Management