India Post Finacle Guide for PPF Loan Account Closure
Step By Step Procedure in Detail - India
Post Finacle Guide
Loan A/C Closure
Includes 4 Steps
Step1:
Repayment Of Loan
1.Invoke CPDTM menu
2.Function - ADD
3.Select Transaction
Type/Sub Type - Cash Normal Receipt/Customer Transfer
4.Select Type - Loan
Principle Repayment/Loan Interest Repayment
5.Click on GO(F4)
6.Enter Credit A/C ID -
Loan A/C ID
7.For Customer Transfer,
Enter Debit A/C ID
8.Enter Amount
9.Click on SUBMIT(F10)
10.Note down the
transaction ID and verify the same in the same menu in supervisor login.
Step2:
1.Invoke CLPR menu in supervisor login
2.Function Code - Process
3.Enter The A/C ID
4.Click on GO(F4)
5.Click on SUBMIT(F10)
Step3:
1.Then, HACINT is to be invoked by CEPT team (at present). On invoking this, the interest for loan account is calculated and posted in PPF loan account.
2.The loan interest has
to be paid through CPDTM menu again, if the PPF account is not a matured account.
Step4:
1.Invoke HCAAC menu in COUNTER PA Login
2.Function - Close
3.Enter A/C ID
4.Select Transaction Type
- Cash/Transfer
5.Enter Amount
6.Click on GO(F4)
7.Go through A/C
information and Closure tabs
8.Enter the appropriate
closure reason code in Closure tab
9.Click on SUBMIT(F10)
10.Verify the closure in
supervisor login using the same menu
India post finacle guide for PPF Extension Click Here
India post finacle guide for RD Loan Payoff Click Here
For India Post Finacle guide frequently used menus list Click Here
If you have any doubts or if you got stuck with something, Please feel
free to ask a question. Click here to ask a new question or start a
discussion.