One can lien certain amount in an account in Finacle which can not withdrawn unless lien is removed. Lien can be marked in account due to Income Tax Attachment Order, Garnishee Order, Margin Money or Collateral security etc. Even if a customer want load against Fixed Deposit, the FD can be marked lien as guarantor for loan.
Account Lien Maintenance Step-By-Step
01. ALM - Enter
02. A - F4 - AC ID - F4
03. Amount (Mention amount to be Lien) - Tab
04. Expiry Date (the lien will be automatically removed after the date) - Tab
05. Reason (Press F2 and select from list) - Tab
06. Reason (Mention detail lien reason) - F10
Verification
01. ALM - Enter -
02. V - F4 - AC ID - F4 - Check Lien Details
03. Press F10 to complete the task
Use ACCBAL command to verify the lien amount
Removing Lien (Manually)
01. ALM - Enter
02. M - F4 - AC ID - f4
03. Change the Lien amount to 0.00
04. Press F10
Verification
01. ALM - Enter - V - F4
02. AC ID - F4 - Check Modified Lien Details
03. Press F10 to complete the task
Account Lien Maintenance Step-By-Step
01. ALM - Enter
02. A - F4 - AC ID - F4
03. Amount (Mention amount to be Lien) - Tab
04. Expiry Date (the lien will be automatically removed after the date) - Tab
05. Reason (Press F2 and select from list) - Tab
06. Reason (Mention detail lien reason) - F10
Verification
01. ALM - Enter -
02. V - F4 - AC ID - F4 - Check Lien Details
03. Press F10 to complete the task
Use ACCBAL command to verify the lien amount
Removing Lien (Manually)
01. ALM - Enter
02. M - F4 - AC ID - f4
03. Change the Lien amount to 0.00
04. Press F10
Verification
01. ALM - Enter - V - F4
02. AC ID - F4 - Check Modified Lien Details
03. Press F10 to complete the task
