Step by Step Process of Inward Clearing in DOP Finacle

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Overview :

Ø  Inward clearing is a process whereby the HO dealing with clearing house receives various types of negotiable instruments that are drawn on it by the customers
Ø  Finacle CBS Processes include:
·                    Opening of zone to enable the entry of instruments.
·                    Lodging of instruments in order to pass or reject them.
·                    Verifying the zone
·                    Run through the processes of suspend, validate and posting of the zone
·                    Close the zone
·                    Inquiry and Reports
Ø  Other Processes:
Ø  Revoke suspension
* When the zone is suspended, the user cannot add any records/instruments.  To enable this, suspension of zone should be revoked.  This is done by invoking HMICZ menu with function (R)- Revoke
Ø  Unlock zone
* If for any reason during the inward clearing processes, the system results in a fatal error, the process gets terminated abnormally and the zone gets “locked, To resume, the user has to invoke the menu HUNIZ and unlock the zone.


Ø  Supervisor has to invoke the Menu option “HMICZ” to open the Zone
  • Now provide all the details as mentioned below :

        Function : O – Open
        Zone Code : MICR
        Click Go

Inward Clearing 001



1.   Total Amt. in Advice : Enter the total amount received
2.   Total No. of Instr. In Advice : Enter the total number of instruments as per advise
3.   Click Submit

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Ø  Counter PA has to invoke Menu HICTM to lodge the cheques.
  • Now provide all the details as mentioned below :

Funtion : Add
Zone : MICR
Click Go

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1.   A/c ID :________ [ Finacle displays current available balance ]
2.   Amt. :_________
3.   Instrument No :______
4.   Payee :________
5.   Transaction Code : 10
6.   Instrument Type : CHQ
7.   Instrument Date :________
8.   Click Add

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  • Repeat the same process [from 1 to 8] for all the cheques and after entering the last cheque click Submit
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Ø  Supervisor has to invoke Menu HICTM to Verify the cheques.
  • Now provide all the details as mentioned below

Function : V-Verify
Zone : MICR
Click Go

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  • Click Accept


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  • Click Submit


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  • Now Supervisor has to invoke the menu option HMICZ to suspend a zone.

        Function : S-Suspend
        Zone Code : MICR
        Click Go and then
        Click Submit

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  • In the same manner supervisor has to do validation run by selecting

        Function : Validation Run
        Zone Code : MICR
        Click Go and then
        Submit

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  • Now supervisor has to post the zone by selecting

        Function : Post Zone
        Zone Code : MICR
        Click Go and then
        Submit

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  • In the same manner Supervisor has to Close the Zone by selecting

        Function : Close Zone
        Zone Code : MICR
        Click Go and then
        Submit

Inward Clearing 015
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Now you will get the message that "Job initiated. Check print queue after sometime." Invoke menu option HPR and view the report to confirm the Zone closure.

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