188.8.131.52.How to create a recurring deposit?
The recurring deposit feature allows the user to create repeated deposits after every recurring period. Every time the CronJob is run, it checks if the recurring period has elapsed, if it has, then a new deposit is created and added to the email queue.
Create Recurring Deposit:
1. To Create an Deposit, click on ‘+’ .
2. Fill in all the details and to make it Recurring, select ‘Recurring’ using toggle bar as shown
- Please Note in order to make Deposit Recurring for Lifetime, Leave ‘Ends On’ Field Blank.
3. Set the required recurring period. A deposit will be created when you click on the “Tick” button. Every time you run the CronJob, it will check if the recurring period has elapsed after the issue date, if it has elapsed, then another deposit is created and added to the email list.