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Cash credit account non submission of stock statement
Hi everyone I am doing the concurrent audit of bank of baroda. Just wanted to know that if stock statement is not submitted by a party in a particular month how to check whether penalty interest is charged or not in finacle software also what is the penal interest rate?? Any help would be appreciated
Replies (1)
Refer service charges circular of the bank for charging of penal interest and in finacle menu,u can go to acli menu for viewing transactions in the cc a/c and there chraging of interest alongwith penal interest,if any at the end of the month u can notice
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