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Former Member
Oct 06, 2011 at 03:08 PM

Loans against fixed deposit.

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Hi

We have a scenairio where our costomer takes loans against fixed deposits (51A). TRM and loans managmenet will be implemented (no collateral). The customer wants to block the fixed depost that have been offered as secutiy and see the impact also in the cash mamagement (FF7A).

One way could be to do account reference transfer, however there will be no block

Please advise me as I think that such blocking is possible.

Please advise how best to handle this scenario so as to ensure that -

FD is blocked for further processing.

The impact of this blocking can be reflected in FF7A reprot.

Also on unblocking these can be reversed.

Thanks

Sandeep

Regards

Sandeep