India Post Finacle Guide for RD Loan A/C Opening and Disbursement
Step By Step Procedure in Detail - India Post Finacle Guide
There are two steps for
RD Loan A/C Opening
1. A/C Opening
2. Loan Disbursement
LOAN ACCOUNT OPENING
1.Invoke CAOLARD menu to
create the loan a/c for a particular RD account
2.Function - Open
3.Enter CIF ID
4.Enter RD account number
5.Enter the scheme code
as LARD
6.Click on GO(F4)
7.Enter the loan amount
specified by the customer which must be less than or equal to the loan amount
given by the system
8.Click on SUBMIT(F10)
9.Note down the LOAN
account number which is nothing but RD account number followed by 1.
10.Verify the loan
account in the supervisor login using CAOVLARD menu
LOAN AMOUNT DISBURSEMENT
1.Invoke LARDD menu
2.Function - Disbursement
3.Enter the LOAN account
number
4.Change the Value Date
as Today's Date.
5.Loan amount and
Disbursement amount will appear automatically
6.Disbursement amount is
same as LOAN amount
7.Enter of Mode of disbursement
as Cash/Account transfer
8.For account transfer,
Enter the credit a/c number
9.Click on SUBMIT(F10)
10.Verify the transaction
in supervisor login using the menu LARDD
Note: At present, Cash option is not working for
loan disbursement.So, ask the customer to present the SB account number and
credit the loan amount in the customer's SB account.
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For India Post
Finacle guide frequently used menus list Click Here
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