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Member may purchase additional shares which will follow the same process.

 

 

Attributes

 

AttributeDescriptionNotes
Number of shares  
Value of shares  
   

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Product Name, Short Name, Description, Currency, decimal places, multiples of, Total number of shares, Total shares to be issued, Unit/Nominal Price, Total Share Capital (system will auto calculates), Suspense account, Equity account, Total number of shares to be allotted per client (min, default, max), Market Price (Date, Value), Charges applicable, Calculate Dividend for members who are no longer active (yes/no), Lock in Period (in Days, Weeks, Months, Years), Minimum active period For dividends (in days/weeks/months/years)

Share Account Attributes

While creating a share account, we need to capture the following attributes

Client Id, Share product Id, Submitted On, Approved On, Field Officer, External Id, Currency, Decimal Places, Currency Multiples of, Number of shares [date, number, Market Price], Suspense Account, Equity Account, Link Savings Account number for Dividends, Lock In Period, Minimum Active Period, Calculate Dividend for members who are no longer active (yes/no), Charges (Purchase Charges, Redeem Charges)

Security and Permissions

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