Deployment of APY functionalities in DOP Finacle

Dear Teams,

Patch for following functionalities with respect to APY is deployed in Production. Linking of new SB account in lieu of closed SB account for active APY policies

• New SB account under the same CIF with which APY policy was enrolled initially, is to be opened.
• CAPY >> Modify option is to be selected. Instead of closed SB account, new SB account number is to be entered in Account ID field.
• CIF ID will get populated for single accounts; for joint accounts, CIF ID is to be entered.
• On clicking GO, details screen will be displayed. User can check the details and click on SUBMIT; modification will get initiated.
• Another user has to verify this modification by entering new account number / CIF ID.
• On verification, new account will get linked with APY policy and entries for pending subscriptions will get created.
• This can be checked using CAPY >> Inquiry option (using Premium Transactions button)
• Pending subscriptions along with penalty will get deducted during EOD (by EOD batch job), if sufficient balance is available​.
• Provision to obtain additional details such as reason for closure, document lists (address, age, withdrawal) from APY customers opting for Voluntary Exit.
• These fields are made available in CAPY screen itself.
• When a policy is marked as Voluntary Exit, the above details are to be updated after checking the manual forms submitted by the customers.