To calculate interest for a term deposit account
Locate the term deposit account by viewing the client that holds the saving account and clicking on the term deposit account under Saving Account Overview.
- Select Calculate Interest from the action bar.
The interest earned from the date the term deposit was activated until the current date will be calculated and the Interest Earned field on the Summary tab will be updated.
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Refer Recurring Deposit Calculation for calculation info of recurring deposit. Refer Fixed Deposit Calculation for calculation info of fixed deposit. |
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