ORACLE FLEXCUBE Accelerator Pack 12.1 Product Catalogue Corporate Deposits Accelerator Pack Product Catalogue Page 1 of 17

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1 ORACLE FLEXCUBE Acceleratr Pack 12.1 Prduct Catalgue Crprate Depsits ORACLE FINANCIAL SERVICES Acceleratr Pack Prduct Catalgue Page 1 f 17

2 Table f cntents Table f cntents... 2 Overview & Objectives... 4 Prduct Catalgue Bearing Nrmal Fixed Rate Business Scenari Synpsis Detailed Cverage Prduct CDP Interest rule Additinal Infrmatin Discunted depsit Business Scenari Synpsis Detailed Cverage Prduct CDP Interest rule Additinal Infrmatin Bearing Capitalized Flating Rate Business Scenari Synpsis Detailed Cverage Prduct CDP Interest rule Additinal Infrmatin: True Discunted depsit Business Scenari Cvered Synpsis Detailed Cverage Prduct CDP Interest rule Additinal Infrmatin: Nrmal bearing flating rate Business Scenari Synpsis Detailed Cverage Prduct CDP Acceleratr Pack Prduct Catalgue Page 2 f 17

3 5.5 Interest Additinal Infrmatin: Capitalized Bearing Fixed Rate Business Scenari Cvered Synpsis Detailed Cverage Prduct CPD Interest Additinal Infrmatin: Acceleratr Pack Prduct Catalgue Page 3 f 17

4 Overview & Objectives Crprate Depsits are the investments made in financial instruments fr a particular perid f time, called the maturity perid. Large capital amunt will be depsited in banks. After the end f the maturity perid, a fixed sum n pre-described rates f interest is given t the custmers. Crprate depsit can have fixed r flating interest. Crprate depsit mdule f FLEXCUBE supprts prcessing f prducts like, Nrmal depsits Discunted depsits Optins available t autmate peridic prcesses such as : Accrual f depsits Liquidatin f depsits based n the schedules defined Generatin f advices Different types f payment methds are supprted like, Bearing nrmal, bearing capitalized and discunted. Acceleratr Pack Prduct Catalgue Page 4 f 17

5 Prduct Catalgue 1 Bearing Nrmal Fixed Rate This Bearing nrmal interest prduct, supprts all basic features that are needed fr a custmer n a crprate depsit. It prvides fixed interest, deducts tax n interest paid and penalty n preclsure. 1.1 Business Scenari Custmers pen a fixed rate term depsit accunt fr a fixed perid f time. On maturity, principal and interest will be paid t the custmer based n the settlement instructin defined. 1.2 Synpsis Bking f depsit with fixed depsit amunt at a fixed rate fr a certain tenr Optin available t amend the amunt during the tenr withhding n the interest amunt liquidated Facility available t extend r shrten the maturity perid f the cntract Frward cntracts are allwed 1.3 Detailed Cverage Bearing methd f interest calculatin Depsits pened under this prduct will, by default, have Tenr as 12 mnths Fixed interest rate f 10% rate f 10% n interest earned based n the amunt slab Rllver is allwed Rllver mechanism Spawn cntract is supprted Daily accrual and mnthly interest liquidatin schedules Rate variance is supprted up t maximum f 5 n interest will be deducted during maturity as well as n rllver 1.4 Prduct CDP1 Payment methd Schedule type Accrual frequency Aut liquidatin Settlement required Prepayment penalty applicable Allw rllver Cnsider branch hliday Rllver ICCF Rllver Rllver Mechanism Prduct preferences Bearing Nrmal Daily Aut Prduct Spawn cntract Acceleratr Pack Prduct Catalgue Page 5 f 17

6 Apply Rllver With Interest Deduct n Rllver N Prduct Schedules Cmpnent Refer Frequency Perid Unit CDP1_INTR Value Date Mnthly Mnths Principal Value Date Bullet - scheme rule Cmpnent Basis Amunt Tag Event Type WHT WHTR WHTR_AMT CDP1_INTR_LIQD LIQD Withhlding WHT WHTR1 WHTR1_AMT CDP1_INTR_ROLL ROLL Withhlding 1.5 Interest Class cde Rule Mdule Event Amunt type Categry Rate type Main cmpnent Accrual Interest Class maintenance CDP1_INTR INTR LD Bk Principal Outstanding Fixed 1.6 rule rule maintenance Rule Cdes Basis amunt Rate WHTR WHTR WHTR WHTR Additinal Infrmatin INTR, ICCF rule is maintained and attached t interest class - CDP1_INTR rule WHTR and WHTR1 are maintained and linked t tax scheme WHT Acceleratr Pack Prduct Catalgue Page 6 f 17

7 2 Discunted depsit The Discunted depsits pay interest t the custmers upfrnt fr the defined tenr. is cllected upfrnt n the interest paid. 2.1 Business Scenari Custmers pen depsit accunts fr a fixed perid f time r term and cllects the interest upfrnt, irrespective whether the cntract will be active till the maturity date. This is fllwed by the financial institutins t address its shrt term financial needs. 2.2 Synpsis Frward cntracts are allwed Discunted methd f interest calculatin Fixed interest rate Autmatic liquidatin 2.3 Detailed Cverage Re key ptin is nt allwed during authrizatin Depsits pened under this prduct will, by default, have Tenr as 12 mnths Fixed interest rate f 10% rate f 10% n interest earned based n the amunt slab Rllver is nt allwed Daily accrual and bullet interest liquidatin schedules Branch hliday calendar is cnsidered and schedules, if falling n hliday will be adjusted n interest will be deducted during liquidatin 2.4 Prduct CDP2 Payment methd Schedule type Accrual frequency Aut liquidatin Settlement required Prepayment penalty applicable Allw rllver Cnsider branch hliday Prduct preferences Discunted Nrmal Daily N Prduct Schedules Cmpnent Refer Frequency Perid Unit CDP2_INTR Value Date Bullet - Principal Value Date Bullet - Acceleratr Pack Prduct Catalgue Page 7 f 17

8 scheme rule Cmpnent Basis Amunt Tag Event Type WHT WHTR WHTR_AMT CDP2_INTR_LIQD INIT Withhlding 2.5 Interest Class cde Rule Mdule Event Amunt type Categry Rate type Main cmpnent Accrual Interest Class maintenance CDP2_INTR INTR LD Bk Principal Outstanding Fixed 2.6 rule rule maintenance Rule Cde Basis amunt Rate WHTR WHTR Additinal Infrmatin INTR, ICCF rule is maintained and attached t interest class CDP2_INTR rule WHTR is maintained and linked t tax scheme WHT Acceleratr Pack Prduct Catalgue Page 8 f 17

9 3 Bearing Capitalized Flating Rate This prduct supprts all basic features that are needed fr a custmer t pen a crprate depsit. It prvides capitalized interest, deducts tax n the interest liquidated. The interest will get liquidated t the principal. 3.1 Business Scenari Custmers pen depsit accunts fr a fixed perid f time r term and enjy variable interest rates. Interest liquidated n each schedule is capitalized and added t the principal. 3.2 Synpsis Frward cntracts are allwed. Bearing Capitalized methd f interest calculatin. Flating interest rate. will be deducted n interest liquidatin and rllver 3.3 Detailed Cverage Re key ptins fr interest rate and cunterparty are allwed during authrizatin Depsits pened under this prduct will, by default, have Tenr as 12 mnths Variable interest based n amunt slab,currency and tenr cmbinatin rate f 10% n interest earned based n the amunt slab Rllver is allwed Mnthly accrual and mnthly interest liquidatin schedules Branch hliday calendar is cnsidered and schedules, if falling n hliday will be adjusted LDMM rate cde, CDRATE is maintained and attached t interest class 3.4 Prduct CDP3 Payment methd Schedule type Accrual frequency Aut liquidatin Settlement required Prepayment penalty Frward dating allwed applicable Certificate f depsit Allw rllver Cnsider branch hliday Rllver ICCF Rllver Rllver Mechanism Apply Rllver With Interest Deduct n Rllver Prduct preferences Bearing Capitalized Mnthly Aut Prduct New Versin Acceleratr Pack Prduct Catalgue Page 9 f 17

10 Prduct Schedules Cmpnent Refer Frequency Perid Unit CDP3_FLOAT Value Date Mnthly Mnths Principal Value Date Bullet - scheme rule Cmpnent Basis Amunt Tag Event Type WHT WHTR WHTR_AMT CDP3_FLOAT_LIQD LIQD Withhlding WHT WHTR1 WHTR1_AMT CDP3_FLOAT_ROLL ROLL Withhlding 3.5 Interest Class cde Rule Mdule Event Amunt type Categry Rate type Main cmpnent Accrual Rate cde Interest Class maintenance CDP3_FLOAT INTR LD Bk Principal Outstanding Flating CDRATE 3.6 rule rule maintenance Rule Cdes Basis amunt Rate WHTR WHTR WHTR WHTR Additinal Infrmatin: INTR, ICCF rule is maintained and attached t interest class CDP3_FLOAT rule WHTR and WHTR1 are maintained and linked t tax scheme WHT Acceleratr Pack Prduct Catalgue Page 10 f 17

11 4 True Discunted depsit Crprate Custmers t get the True Discunted interest fr their depsit during the time f pening the depsit need t use this prduct. The interest type f this prduct is fixed and tax is deducted n interest. 4.1 Business Scenari Cvered True Discunting Methd f interest calculatin is ne f the rare scenaris where the interest is paid fr the whle term at the time f bking f the cntract, irrespective whether the cntract will be active till the maturity date. This is fllwed by the financial institutins t address its shrt term financial needs. 4.2 Synpsis Frward cntracts are allwed True Discunted methd f interest calculatin Fixed interest rate will be deducted n liquidatin 4.3 Detailed Cverage Re key ptins fr currency and interest rate are allwed during authrizatin Depsits pened under this prduct will, by default, have Tenr as 12 mnths Fixed interest rate f 10% rate f 10% n interest earned based n the amunt slab Rllver is nt allwed Daily accrual and bullet interest liquidatin schedules Branch hliday calendar is cnsidered and schedules, if falling n hliday will be adjusted 4.4 Prduct CDP4 Payment methd Schedule type Accrual frequency Aut liquidatin Settlement required Prepayment penalty Frward dating allwed applicable Certificate f depsit Allw rllver Cnsider branch hliday Prduct preferences True discunted Nrmal Daily N N Prduct Schedules Cmpnent Refer Frequency Perid Unit Acceleratr Pack Prduct Catalgue Page 11 f 17

12 CDP4_INTR Value Date Bullet - Principal Value Date Bullet - scheme rule Cmpnent Basis Amunt Tag Event Type WHT WHTR WHTR_AMT CDP4_INTR_LIQD INIT Withhlding 4.5 Interest Class cde Rule Mdule Event Amunt type Categry Rate type Main cmpnent Accrual Interest Class maintenance CDP4_INTR INTR LD Bk Principal Outstanding Fixed 4.6 rule rule maintenance Rule Cdes Basis amunt Rate WHTR WHTR Additinal Infrmatin: INTR, ICCF rule is maintained and attached t interest class CDP4_INTR rule WHTR is maintained and linked t tax scheme WHT Acceleratr Pack Prduct Catalgue Page 12 f 17

13 5 Nrmal bearing flating rate The flating rate depsit prvides fluctuating interest based n mney market rates. The rates are maintained based n amunt slab, effective date, tenr and currency f the depsit. Whenever any rate pick up event happens n a depsit, the current prevailing interest rate, frm LDMM maintenance, is picked up and applied n the depsit. 5.1 Business Scenari Depsitrs wuld enjy variable interest rates fr fixed perid f time. 5.2 Synpsis Frward cntracts are allwed Bearing Nrmal methd f interest calculatin Flating interest rate 5.3 Detailed Cverage Re key ptins fr currency is allwed during authrizatin Depsits pened under this prduct will, by default, have Tenr as 12 mnths Variable interest based n amunt slab,currency and tenr cmbinatin rate f 10% n interest earned based n the amunt slab Rllver is allwed Mnthly accrual and mnthly interest liquidatin schedules Branch hliday calendar is cnsidered and schedules, if falling n hliday will be adjusted LDMM rate cde, CDRATEGBP is maintained and attached t interest class 5.4 Prduct CDP5 Payment methd Schedule type Accrual frequency Aut liquidatin Settlement required Prepayment penalty Frward dating allwed applicable Certificate f depsit Allw rllver Cnsider branch hliday Rllver ICCF Rllver Rllver Mechanism Rllver With Interest Deduct n Rllver Prduct preferences Bearing Nrmal Mnthly N N Aut Prduct New Versin N Acceleratr Pack Prduct Catalgue Page 13 f 17

14 5.5 Interest Prduct Schedules Cmpnent Refer Frequency Perid Unit CDP5_INT1 Value Date Mnthly Mnthly Principal Value Date Bullet - Class cde Rule Mdule Event Amunt type Categry Rate type Main cmpnent Rate cde Accrual Negative Interest Allwed Interest Class maintenance CDP5_INT1 INT1 LD Bk Principal Outstanding Flating CDRATEGBP 5.6 Additinal Infrmatin: INT1, ICCF rule is maintained and attached t interest class CDP5_INT1 Negative Class Cde :CDP5_INT_N Acceleratr Pack Prduct Catalgue Page 14 f 17

15 6 Capitalized Bearing Fixed Rate Crprate Custmers fr their depsit gets the capitalized interest during the time f maturity using this prduct. The interest type f this prduct is fixed and rllver is applicable fr the depsit. 6.1 Business Scenari Cvered Custmers pen depsit accunts fr a fixed perid f time r term and fixed rate is paid n depsit. Interest liquidated n each schedule is capitalized and added t the principal. 6.2 Synpsis Frward cntracts are nt allwed Bearing capitalized methd f interest calculatin Fixed interest rate 6.3 Detailed Cverage Re key ptins fr currency is allwed during authrizatin Depsits pened under this prduct will, by default, have Tenr as 12 mnths Fixed interest rate f 10% Rllver is allwed Daily accrual and mnthly interest liquidatin schedules Branch hliday calendar is cnsidered and schedules, if falling n hliday will be adjusted 6.4 Prduct CPD6 Payment methd Schedule type Accrual frequency Aut liquidatin Settlement required Prepayment penalty Frward dating allwed applicable Certificate f depsit Allw rllver Cnsider branch hliday Rllver ICCF Rllver Rllver Mechanism Rllver With Interest Deduct n Rllver Prduct preferences Bearing Capitalized Daily N N Aut Prduct New Versin N Acceleratr Pack Prduct Catalgue Page 15 f 17

16 Prduct Schedules Cmpnent Refer Frequency Perid Unit CDP6_INT1 Value Date Mnthly Mnthly Principal Value Date Bullet Interest Class cde Rule Mdule Event Amunt type Categry Rate type Main cmpnent Accrual Interest Class maintenance CDP6_INT1 INT1 LD Bk Principal Outstanding Fixed 6.6 Additinal Infrmatin: INT1, ICCF rule is maintained and attached t interest class CDP6_INT1 Acceleratr Pack Prduct Catalgue Page 16 f 17

17 Oracle Financial Services Sftware Limited Oracle Park Off Western Express Highway Gregan (East) Mumbai, Maharashtra India Wrldwide Inquiries: Phne: Fax: Cpyright [2007], [2015], Oracle and/r its affiliates. All rights reserved. Oracle and Java are registered trademarks f Oracle and/r its affiliates. Other names may be trademarks f their respective wners. U.S. GOVERNMENT END USERS: Oracle prgrams, including any perating system, integrated sftware, any prgrams installed n the hardware, and/r dcumentatin, delivered t U.S. Gvernment end users are cmmercial cmputer sftware pursuant t the applicable Federal Acquisitin Regulatin and agency-specific supplemental regulatins. As such, use, duplicatin, disclsure, mdificatin, and adaptatin f the prgrams, including any perating system, integrated sftware, any prgrams installed n the hardware, and/r dcumentatin, shall be subject t license terms and license restrictins applicable t the prgrams. N ther rights are granted t the U.S. Gvernment. This sftware r hardware is develped fr general use in a variety f infrmatin management applicatins. It is nt develped r intended fr use in any inherently dangerus applicatins, including applicatins that may create a risk f persnal injury. If yu use this sftware r hardware in dangerus applicatins, then yu shall be respnsible t take all apprpriate failsafe, backup, redundancy, and ther measures t ensure its safe use. Oracle Crpratin and its affiliates disclaim any liability fr any damages caused by use f this sftware r hardware in dangerus applicatins. This sftware and related dcumentatin are prvided under a license agreement cntaining restrictins n use and disclsure and are prtected by intellectual prperty laws. Except as expressly permitted in yur license agreement r allwed by law, yu may nt use, cpy, reprduce, translate, bradcast, mdify, license, transmit, distribute, exhibit, perfrm, publish r display any part, in any frm, r by any means. Reverse engineering, disassembly, r decmpilatin f this sftware, unless required by law fr interperability, is prhibited. The infrmatin cntained herein is subject t change withut ntice and is nt warranted t be errr-free. If yu find any errrs, please reprt them t us in writing. This sftware r hardware and dcumentatin may prvide access t r infrmatin n cntent, prducts and services frm third parties. Oracle Crpratin and its affiliates are nt respnsible fr and expressly disclaim all warranties f any kind with respect t third-party cntent, prducts, and services. Oracle Crpratin and its affiliates will nt be respnsible fr any lss, csts, r damages incurred due t yur access t r use f thirdparty cntent, prducts, r services. Acceleratr Pack Prduct Catalgue Page 17 f 17

ORACLE FLEXCUBE Accelerator Pack 12.1 Product Catalogue Islamic Term Deposits Accelerator Pack Product Catalogue Page 1 of 12

ORACLE FLEXCUBE Accelerator Pack 12.1 Product Catalogue Islamic Term Deposits Accelerator Pack Product Catalogue Page 1 of 12 ORACLE FLEXCUBE Acceleratr Pack 12.1 Prduct Catalgue Islamic Term Depsits ORACLE FINANCIAL SERVICES Acceleratr Pack Prduct Catalgue Page 1 f 12 Table f Cntents Overview & Objective... 3 Prduct catalgue...