Manage Interest
Banks can pay interest to the customers on credit balances held in their deposit accounts. The interest can be changed in the following ways
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Update the interest conditions of the term deposit such as interest rate, spread, margin etc
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Retrieves the interest details of an account such as interest rate , interest type and interest amount
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Retrieves the interest accrued for the current period of an account
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Retrieve the past period's interest accruals
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Retrieves the interest accruals of the previous year
Renewal of Deposits
Renewal of deposits enables the account holders to extend the term of their deposit account that has reached its maturity date.
Deposit Renewal
POSTPerform the rollover of the deposit for the given rollover date or period
Update Term
PUTUpdate the tenure of the term deposit by providing tenure or maturity date