Bulk closure of certificates at a glance in DOP Finacle


  • Menu option for bulk discharge of certificates is CNSBCV in DOP Finacle.
  • When we invoke the menu CNSBCV then the screen shot for the menu CNSBCV will appear as shown in the below figure


Salient Features of bulk closure menu CNSBCV


1.   Using this menu Users can close UP TO 50 certificates belonging to same Registration Number and CIF Id combination can be closed in one attempt.
2.       Both NSC and KVP certificates can be closed using the menu.
3.      Bulk Closure can be used only if ALL the certificates under Registration Number and CIF Id combination are mature and due for closure, ELSE accounts need to be closed manually.
4.      Users can Close, Verify and cancel the Certificates using the same menu.
5.      Function Code, Registration Number, CIF ID and Product Type are the fields mandatory to be provided by the user.
6.  Other fields such as Sol Id, Closure Value Date and Closure Reason Code are auto populated.
7.       Only same sol operations are allowed in this menu so the field is un-editable.
8.   If customer does not want to receive cash and wants to specify a specific Repayment Account Number instead of Operative Account mentioned at Account Level, value can be entered in Repayment Account Field Provided.
    Once the closure request is initiated, the same needs to be verified by another user on the menu by providing same Registration Number and CIF Id combination.
10.  After verification the closure for the available mature certificates (maximum 50) will be initiated.
11.   Discharge Journal will be generated in HPR after 10mins, where user can check the status of individual account closure.


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