PPF Extend/ Extension (HCEXTN) in DOP Finacle
PPF Extend/ Extension (HCEXTN) in DOP Finacle
- PPF can be extended once the account completes the 15 financial years from the date of opening.
- PPF account can be extended for 5 years after completion of 15 financial years.
- PPF account cane be extended even after extension period i.e., we can extend for every 5 years after the maturity date there is no limit for extension of PPF account.
- Rate of interest will be based on the rate at which the Department of Finance fixes for the financial year it may vary for every financial year.
- HCEXTN command is used for any PPF account to be extended.
Procudure
- Menu Shortcut - HCEXTN
- GO
- Function Code - Extend
- Account No. -
- GO
- Verify from supervisor in same command
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A complete and latest guide about Finacle ver 10. It is basically written on DOP Finacle used in India Post. It explains all latest changes and solution of Finacle. Finacle solution consists all Finacle Menu and command and explains how to use them with relevant screen shoots.
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