PPF A/C CLOSURE

1.Invoke HCAAC menu
2.Function - Close
3.Enter the A/C number
4.Select the transaction type as Cash/Transfer
5.Click on GO(F4)
6.Go through A/C information and Closure tabs
7.Enter the appropriate closure reason code in Closure tab
8.Click on SUBMIT(F10)
9.Verify the closure in supervisor login using the same menu

Note: Loans against PPF account closure

Calculation of interest upto closure date and deduction of the interest amount Invoke CPDTM menu to make      Principal repayments

1Select the tran type/sub type as  P - Loan Principal Repayment
Enter the amount of loan principal to be repaid and click on submit and verify the same if the amount is above Rs.5,000/-.
2.Invoke the menu CLPR for calculation of interest
3.Invoke HACINT menu to calculate loan interest (CEPT IT Team to be contacted for this)
4.Invoke the menu CPDTM to make Interest repayments
    a) Select the tran type/sub type
    b)) Select the type as I - Loan Interest Repayment
5.Invoke the menu HCAAC to close the loan account