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- Maturity date: Given commencement date and tenure length, maturity date is known.
- Accrued interest on maturity: Accrued interest is indicated to the customer assuming that the monthly installements will be paid regularly. Interest will be calculated on the recurring deposits done by the customer as per the defined frequency.
- Maturity amount: maturity value is indicated to the customer assuming that the monthly installments will be paid regularly on due dates.
- Recurring deposit Schedule: Schedule of the Recurring deposit with the selected frequency should be maintained for the tenure, this is to track the un-paid schedules of the RD.
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- Maturity date: Recalculate the projected maturity date given the current commencement date and tenure length.
- Interest on maturity: Re-calucate the the amount of projected interest accrued given the current deposit amount and tenure.
- Maturity amount: Recalculate using new projected interest accrued
- Record of deposit transaction: When account is activated, a transaction recording transaction related information such as date, amount and type of transaction (DEPOSIT) should be recorded.
- Status: Status of deposit account moves from SUBMITTED_AND_AWAITING_APPROVAL to ACTIVE
- Re-schedule: Given the current commencement date & tenure length the schedule of the RD should be changed or delete the previous schedule and create a new schedule with the new selected parameters.
Use Case III: Undo Approval
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- Status: Is changed from "Active" to "SUBMITTED_AND_AWAITING_APPROVAL"
- Last modified values as illustrated in "Use-case: selected during "Approval of RD Account" will be retained upon doing an Undo approval of an RD.
- Schedule will be retained
Use-case IV: Rejection of Recurring Deposit account application'
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