MBF 310 FINACLE CONSUMER BANKING

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ASSIGNMENT

DRIVE	SUMMER 2014
PROGRAM	MBABF
SEMESTER	III
SUBJECT CODE & NAME	MBF 310 FINACLE CONSUMER BANKING
CREDITS	1
MARKS	50

Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

Q. 1. Explain in Detail what is

Scheme Code in Finacle

Scheme Type in Finacle

Answer:Scheme Code in Finacle:

•        SBBAS – Saving Bank – Basic Saving Account

•        SBCHQ – Saving Bank –With Cheque Book

•        SBGEN – Saving Bank – Without Cheque Book

•        SBPEN – Saving Bank – Pensioners With Cheque Book

•        SBPWC – Saving Bank – Pensioners Without Cheque Book

•        SBSAN – Saving Bank – Sanchayika

•         

Q. 2. Explain in the detail of modifications that can be carried out in Finacle.

Answer: At Customer Level: Modification of a transaction

•        Modification is possible only up to posted state.

•        System does not allow to modify Account_ Id. In this case user have to delete this

•        transaction and add the transaction again with correct Account_Id.

•        Instrument type – once detail is filled and pressed F4 then it becomes un modifiable.

•        Instrument date – once detail is filled and pressed F4 then it becomes un modifiable.

At Account Level: TRANSACTION IN SUSPENSE ACCOUNT

Let’s take an example of granting an LFC advance to an employee who has a saving fundaccount in the branch.

Q. 3. Outline the various Screens to be visited in Finacle while opening a Term Deposit Account

Answer: Fill  in  all  details  of  above  first  screen  i.e *( Customer Name,  Shortname ,Type , Status As on ( Ctrl+X  for currentDate) , Group, Gender, Occupation, Constitution, Staff ( If yes Staff No/Employee ID) Minor , Trade Finacle Customer ( Default N) IntroducerName  , Status , Date of Birth of Customer , Nat ID ( *Optional as itscustomized for Banks , AADHAR NO in India, SSN no in USA ,your Country'sCitizenship No /Social Security No*),  Martial

Q. 4.Explain in detail in Finacle

Answer: Finacle provides the facility to grant Temporary Over Draft to the customer. In case at thetime of debiting an account, If there is short fall or sufficient credit is not available in theaccount , User can grant Temporary Over Draft to the customer . User can avail this facilityonly if bank permit to do so.

Type of transaction and their Short name

·         For cash transaction – C

·          

Q. 5.Explain the various Status in a Transaction.

Answer: We enter a/c no and transaction details, we press F4 to come to next mandatory field. Inthis stage if we find that the a/c no. is wrong, the system won’t allow us to modify a/c no. Inthis case, user have to delete the part tran and enter a new part tran.

The steps are as follows –

1. In specify option field, use up/down arrow to go to the part tranwhich is to be deleted.

2. Specify option –Type D (Delete Part Tran) & press F4. The system will show part tran status as ‘ *D DELETE REQUESTED’. Now we need to enter a new part tran

Dear students get fully solved assignments

Send your semester & Specialization name to our mail id :

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or

Call us at : 08263069601

(Prefer mailing. Call in emergency )