Thursday, January 3, 2013

SIM - Standing Instruction Maintenance - Automated Debit & Credit in a Specified Date

In Finacle, Standing Instructions can be defined through the menu Option SIM i.e. Standing Instructions Maintenance.Customer gives  these  instructions  to  their  banker,  which  relates  to certain financial  dealings  like  transfer  of funds. These instructions are meant either for a specific period mentioned by the customer or until further instructions from the customer in the matter.

Through   this   menu   option   Standing   Instructions   the   functions   which   are performed are Add, Copy, Inquire, List, Modify, Undelete, Verify & Cancel.
Now we will see the procedure to maintain the Standing Instructions in Finacle:

Process of  entering SI :

Menu option – SIM (Standing Instruction Maintenance)

Let’s  take  an  example  –  Enter  an  SI  which  is  requested  by  the  customer to  debit  his  SB  A/c    by  a  fixed  amount  of  Rs.5000/-  to credit his CC A/c  which are being maintained at our SOL. The  SI  should  be  executed  on  20th  day  of  every  month.  The  SI  should  be executed till 20.12.2008.

Steps -

1.  Function – Enter A (Add) and press F4. The cursor will appear in SI Class field.
2.  SI Class – Default value is C (Customer Induced). Press Tab or F11.
3.  Cust ID – Enter CustID
4.  SOL Id – your SOL

5.  SI Frequency – As the above SI should be executed on 20th day of every month, the valid values in SI frequency are M-Blank-Blank-20-N.
6.  Execution Time – Valid values are B (Day beginning), D (Anytime during day),  A  (After  Business  Hours),  E  (Every  Time).  ‘B’  means,  SI  will  be automatically executed during Begin of day process. ‘D’ means,  SI will be executed  only  once  during  the  day  whenever  we  run  SIE  (Standing Instruction  Execution)  menu  option  first  time,  ‘A’  means,  SI  will  be executed during ABH process, ‘E’ means, SI will be executed every time whenever we run SIE menu option. In our case we will take it as ‘D’ i.e. Anytime during day.
7.  Next Execution Date – Enter the date on which the SI will be executed first time. Press Ctrl+X to bring today’s date.
8.  Auto Post   - Value is default Y, which means, whenever SI is executed, the system will post the transactions automatically and user need not go to TM (Transaction Maint.) menu option to post these transactions. If this is N, then the transactions created during execution of this SI will remain in Entered state. User has to go into TM and post them.
9.  End Date – Enter the date on which SI to be ended.
10. Suspended  Upto  –  Enter  the  date  upto  which  SI  will  not  be  executed. Means,  suppose,  if  the  starting  date  is  20.12.2007  and  End  date  is 20.11.2008 and on 01.02.2008, customer comes and request to suspend the  SI  till  20.04.2008,  then  this  date  can  be  entered  in  this  field.  This means, SI will not be executed on 20.02.2008 and 20.03.2008.
11. Accept Event – Press F2. Select the event by pressing Shift+F4. This field is used to select the charges to be levied on customer for requesting the SI.
12. Fail Event – Press F2. Select the event id by pressing Shift+F4. This field is used to select the charges to be levied on customer for if the SI fails.
13. Exec Event - Press F2. Select the event id by pressing Shift+F4. This field is used to select the charges to be levied on customer for execution of SI.
14. Chrg Rate – Default is NOR (i.e. Notional Rate).
15. Dr. Acct – If any or all the above three events are entered, then give the account number from where the charges will be deducted by the system automatically.
16. Delete tran if not posted – Default is N. If the transaction is not posted due to  any  reason  and  if  this  field  is  kept  as  N,  the  system  will  keep  the transaction in Entered state, otherwise, the transaction will be automatically deleted by the system on unsuccessful execution of the SI.
17. Carry Forward – Default is Y.
18. Max times – enter number of days. If the Carry Forward field is kept as Y and value for Max times field is entered, the system will carry forward the SI for the number of days entered in Max times field, if not successfully executed.
19. Remarks – free text.
20. Closure Remarks – free text. Press F4.

The system will bring Sub Instruction screen. The cursor is in Option field. At
the right-top side Sub Instruction Serial No. 1 is displayed.

Debit part of SI -

21. Option – Enter E. Press F4.
22. Amount Ind – Valid values are F-Fixed, V-Variable, C-Contra Balancing,
T-Table  Code.  In  our  example  we  have  to  debit  SB  A/c  (say 1255)  by Rs.5000/- i.e. we have to debit the a/c by fixed amount, so in this field enter F.
23. Part Tran Type – Valid values are C-Credit and D-Debit. In our example we have to debit the a/c, so make it D.
24. Create Memo Pad – Y.
25. Currency – INR.
26. Fixed Amount – This field will be mandatory as we have made Amount Ind
field as F. Enter Rs.5000/-. Press F4. System will bring part tran details
27. Account  Number  –  Enter  the  account,  which  you  want  to  debit.  In  our example it’s 1255. Press Tab.
28. Amount Indicator – Enter P (Percentage). Press Tab.
29. Percentage to be applied – Enter 100. This is because, we want to debit full amount of Rs.5000/- from only one account no. 1255. (In case, we want  to  debit  30%  of  Rs.5000/-  from  one  account  and  rest  70%  (of Rs.5000/-)  from  another  account,  we  need  to  enter  30  in  this  field  and press Down arrow, enter account no, press tab, enter P, press Tab and enter 70 in the percentage field).
30. Press F4.
31. The cursor will come back to Option field. We have only completed Debit
part of SI. To enter Credit part of SI, Enter E (which is already there in the field) and press F4.
Credit part of SI : 

32. Amount  Ind  –  C  (Contra  balancing).  This  is  because;  we  are  entering
contra part of the SI.
33. Part tran Type – C (Credit), because we want to credit Rs.5000/- to A/c
No. 87433.
34. Create Memo Pad – Y.
35. Currency – INR. Press F4.
36. Account  Number  –  Enter  the  account,  which  you  want  to  credit.  In  our
example it’s 2333. Press Tab.
37. Amount Indicator – Enter P (Percentage). Press Tab.
38. Percentage to be applied – Enter 100. This is because, we want to credit full amount of Rs.5000/- to only one account no. 2333. (In case, we want to credit 30% of Rs.5000/- to one account and rest 70% (of Rs.5000/-) to another account, we need to enter 30 in this field and press Down arrow, enter  account  no,  press  tab,  enter  P,  press  Tab  and  enter  70  in  the percentage field).
39. Press F4.
40. The cursor will come back to Option field. Now that we have completed debit   and   credit   parts   of   SI,   we   can   save   the   SI.   Press   F10   to Commit/Save.
41. Note down the SI Serial No. and press F3 twice. You back in the main


Menu Option SIM (Standing Instruction Maintenance)

Steps –
1.  Function – V (Verify). Press Tab.
2.  SI Srl.No. – Enter SI Serila No. which you wish to verify. If you forgot to note the SI Serial No., you can press F2 to get the list of unverified SIs, select the one which you wish to verify. Press F4. The general details will appear on the screen. Check the details. Press F4. The cursor will appear on Option field with the Debit part of the SI on your screen. Check it.
3.  Option – Enter P. Press F4. Check the account and other details. Press
4.  Option – Press Down Arrow. The system will display credit details of SI. Press  P (which  is  already  displayed  in  the  field)  and  F4.  Check  the account and other information. Press F3.
5.  Option  –  Press  F10  to  commit/save.  The  SI  is  verified.  Press  F3  to
come out of the menu option.

As discussed We have to execute the Menu SIE if we will select D or E option in Execution Time Field.

  ‘B’  means,  SI  will  be automatically executed during Begin of day process. 
  ‘D’ means,  SI will be executed  only  once  during  the  day  whenever  we  run  SIE  (Standing Instruction  Execution)  menu  option  first  time
  ‘A’  means,  SI  will  be executed during ABH process, 
 ‘E’ means, SI will be executed every time whenever we run SIE menu option. 

Menu optionSIE

1.  Execution Time –Enter D or E. Press F4. ( In our case we will take it as ‘D’ i.e. Anytime during day.)
2.  System will bring Print parameter acceptance form.
3.  Fore/Background – Enter F.
4.  Print Required – N. Press F10. Wait till until progress indicator (which is
on the bottom-right corner of the screen) comes back to green. Press F3.
The system generates execution report for all the  SIs selected of the type
mentioned in steps 1. Please see the report.

NOTE:  In  cases  where  for  credits  to  say  Recurring  Deposit  type  of  account  then  the  user  has  tovisit additional screen for Flow ID by pressing   of F6 key, before final commit by F10 key.


  1. please put latest images of SIM interface with the latest Yellow screened
    pages of Finacle version 7. ....

  2. Thanx a lot, do upload all finacle commands and procedures related to term deposits, TDren, Tdext, etc

  3. Can we debit any other SOL's A/c using SIM? If yes, can we do it after ABH?(i.e. after we've run RIST?)

  4. Its very interesting post, good job

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  5. How to know about user who created the SIM?

  6. I need closer procedure of Rd
    Dear friends if a customer's Rd monthly installment is 2000 with in six months the monthly installment credited by two si monthly one is system created and another manual today system created si executed one leg verified and another came to fti entry .
    Now I posted it .With in six months 12 instalments credited I had deleted btwo si

  7. How to know sim no..tht is deleted and also verified wrongly

  8. How to know sim no..tht is deleted and also verified wrongly


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