FINSOFT – Integrated Financial Software Fixed Deposits

Multi User Environment
Client Server Technology
Windows Application

Areas Covered

• Fixed Deposit Schemes like
  Periodic Interest Scheme
  Cumulative Interest Scheme
  
• Loan On Deposit
• Investment of Deposit amount collected, Income from the investments, Normal closing and Pre-Closing of Investments etc can be entered and tracked
• All above modules Integrated with Full Fledged Accounts Module
• Security module which enables creating users with privileges according to the users port folio. Transaction tracking are made as per the user login

Fixed Deposit Scheme Covers
1. Depositor details maintenance
2. Settings like Cash transaction limit, Minimum deposit amount, Minimum & Maximum Deposit Period, Minimum period for repayment, Loan amount eligible on deposit, interest rates for different periods like Monthly, Bi-Monthly, Quarterly, Half-Yearly, Yearly and Pre mature deposit closure interest rate settings can be initialized and modified for each deposit type
3. Receipt Entry and Deposit Entry can be created, edited or cancelled as per the users requirement
4. Canvasser and commission details can be maintained
5. Effective yield for special customers can be changed
6. Indemnity bonds collection for issuing duplicate certificates and interest warrant is available which ensures security of handling deposit certificate and warrants
7. Automatic Provision Posting , Deposit Interest issue
8. Deposit Normal Closing, Premature closing and viewers for the above
9. Reports like
   Preprinted reports
   Customized reports like Deposit Mobilization Statement, Deposit mature forecast register, Deposit Normal closing and pre-closing register, ECS List, TDS list etc
   ECS List in RBI format etc
Loan On Deposit Scheme Covers

1. Loan working
2. Loan Issue with no. of installments and interest calculations
3. Document Collection before loan issue
4. Loan interest adjustment with deposit interest
5. Loan interest collection
6. Loan closing
It is also featured with Ideal fund loss calculation report and RBI forms like Form-NBS1, Form-NBS2 and Form-NBS3