UCO

BANK

INTRODUCTION TO FINACLE
By - D. Majumder (UCO-Bank)

CORE BANKING SOLUTION

CBS stands for Core Banking Solution or Centralized banking
solution.
CORE
stands
for
"centralized
online
real-time
exchange".
Which means online service provided through a centralized
server.
This basically means that all the bank's branches access
applications from centralized server installed at data centre.
The software accepted by different banks including our
bank is Finacle which has been developed by Infosys.
Finacle
is
designed
with
service-orientedarchitecture(SOA)
It is a multi channel, multi currency & multi country enabled
technology.

OBJECTIVES

To compete with other banks

To arrest the threat from high net worth
customers
To attract new generation techno savvy
customers
To improve payment and settlement
system
To monitor in a better way and improving
MIS and reporting system
To provide better customer service

ADVANTAGES FOR CUSTOMER

Branch customer to bank customer

Lower incidence of errors and quick
updation
Faster payment system through rtgs/neft
Quick realization of cheques/DD under
collection
Banking at home (e-banking)and mobile
ATM service
Cost effective and time saving

ADVANTAGES FOR BANKS

Uniform platform
Paperless banking
Checked revenue leakage(updation of int.
rate)
Extended banking hours for customer
Less Crowding at branch counters
Better monitoring and control
Updation of books & easy Reporting system
Checked fraud and forgery and AML
Business development/new products

User ID First Initials of Name' then 0 then PF

No. i.e., dm045347

User group:-
General Users: who perform the regular banking
functions and front office functions at Branches.

System Operators / Database

Administrators: Those employees executing
system related functions at DIT.

Inspections & Audit: This user group performs

routine inspection and carries out the audit in the
bank.

Accessibility of User:

Captive User: These users can access

the data belonging to his / her service
outlet alone but can inquire on the
accounts belonging to other SOL.

Free User: These users can access the

data belonging to all service outlets.
Accessing all menu options also depends
on whether the menu is free or not.
Normally, in each branch two senior most
officers are given Free User.

WORK CLASS

Each user have been assigned with a Work class.

The work class is associated with the menu options available in the
application.
Different persons of the same category can be assigned with
responsibilities with reference to the application by assigning
different work class.
Example:
Clerical........................50
CTO.A..........................60
CTO-B70
Head cashierI...80
Head Cashier..II..........90
Special Assistant.......100
Officer Scale-I.150
Officer Scale-II200
Officer Scale-III...300
ABH.850
BH900
DBA.950

Logging into Finacle

Main Menu
Sub Menu
Menu Option
User Defined Favorites
Message area
Progress indicator
Action Bar

Key

Function

Key

F1

Help

Down Arrow Next record

F2

List

Up Arrow

Previous Record

F3

Quit / Exit

CTRL+D

Page Down on a List

F4

Accept

CTRL+U

Page Up on a List

F5

Background Menu

CTRL+E

Explode

F6

Next Block (Next Page) CTRL+F

Clear field

F8

Copy record

CTRL+X

Insert BOD Date

F9

View Signatures

CTRL+F9

Memopad lookup

F10

Commit

SHIFT+F4

Select an item from the List

F11

Validates

SHIFT+F11

Transmit

F12

Previous Block / Page SHIFT+TAB

Go to Previous Field

TAB / Enter

Next Field

Go to Finacle main menu

SHIFT+F3

Function

TRANSACTION

There are 2 types of accounts in finacle

CUSTOMER ACCOUNT
OFFICE ACCOUNTS
Each account has to be opened under a
Scheme Type and a Scheme Code
There are 9 scheme types for opening
customer accounts
5 scheme types for office accounts

SCHEME TYPES
CUSTOMER ACCOUNTS
SBA-(01) Savings Deposits
CAA-(02) Current Deposits
TDA-(03) Term Deposits
ODA-(04) Over draft
CCA-(05) Cash Credit
LAA-(06) Term Loan
PCA-(07) Packing Credit
BIA-(08) Inland Bills
FBA-(09) Foreign Bills

SCHEME TYPES

OFFICE ACCOUNTS
OAB-Office Account Basic
OAP-Office Account Pointing/partioned
DDA-Demand Draft
HOC-Head Office
OSP-Office System Pointing

ACCOUNTS

Both Customer and

Office of Accounts are
of 14 digits.

Solid(4) Scheme
type(2)
Customer account-

Random
number(8)

ACCOUNTS
Office Accounts
The function of place holder is to identify
a particular account in a particular
currency

Sol id (4)

Currency(2)

Place Holder(8)
(Gl subhead+act.no)

UCO
BANK

THANK YOU