Financial companies generally rise fund for their operation by implementing various deposit schemes like fixed deposits, debentures, recurring deposit and bonds. These funds are treated as liability of the company and could be operated as per their constitution of the company, and law prevailed in the country. Deposit term and interest percentage will vary schemes by schemes and interest payment may be on monthly basis or cumulated with the deposit Amount. The loan will close on maturity or may have provision to auto renewal on the basis of original term.

Fixed Deposits

• Various term FDs
• Issue and printing FDR, Bar coding facility
• Calculation of automatic interest, Provision for monthly interest payment
• Provision for periodical interest compounding
• Provision premature FD closing and interest calculation
• Share holders wise details and automatic calculation canvassing commissions
• Provision for lean marking, Calculation of TDS
• FDR register branch wise, term wise and share holder wise
• FD schedules , Maturity calendar for FDs
• Personal ledger and interest statement
• TDS register and provision for interest certificate

Recurring Deposit

• RD account opening
• Provision to set multiple schemes on the basis of amount and period
• Daily, Weekly and Monthly collection of fixed amount
• Provision for agent wise collection of RD deposits
• Calculate collection agents commission
• Collection though palmtop for field staffs
• Automatic calculation interest
• Interest charging on monthly basis
• Premature closing

Saving Bank Deposit

• SB Account opening and closing
• Provision for deposit and withdrawals
• Unlimited transactions per day
• Automatic calculation of interest
• Interest calculation daily closing balance basis
• Monthly charging of interest
• SB ledger and automatic accounting

Debentures

• Various term Debentures
• Issue and printing Debentures, Bar coding facility
• Calculation automatic interest
• Provision for monthly interest payment
• Provision for periodical interest compounding
• Premature and post maturity closing and interest calculation
• Agent wise details and automatic calculation of canvassing commissions
• Calculation of TDS
• Debenture schedules, Maturity calendar for Debentures
• Personal ledger and interest statement
• TDS register and provision for interest certificate
• schedule, Debenture loan calendar

Bonds

• Various bond issue facility
• Issue and printing bond, Bar coding facility
• Calculation automatic interest
• Provision for monthly interest payment
• Provision for periodical interest compounding
• Premature and post maturity closing and interest calculation
• Agent wise details and automatic calculation of canvassing commissions
• Calculation of TDS,
• Schedules, Maturity calendar for bond
• Personal ledger and interest statement
• TDS register and provision for interest certificate etc