diff --git a/mifosng-provider/src/main/java/org/mifosplatform/portfolio/savings/service/SavingsEnumerations.java b/mifosng-provider/src/main/java/org/mifosplatform/portfolio/savings/service/SavingsEnumerations.java
index 069b2dbfd..0911a4270 100644
--- a/mifosng-provider/src/main/java/org/mifosplatform/portfolio/savings/service/SavingsEnumerations.java
+++ b/mifosng-provider/src/main/java/org/mifosplatform/portfolio/savings/service/SavingsEnumerations.java
@@ -235,8 +235,8 @@ public class SavingsEnumerations {
                         isTransferOnHold);
             break;
             case TRANSFER_ON_HOLD:
-                optionData = new SavingsAccountStatusEnumData(SavingsAccountStatusType.TRANSFER_IN_PROGRESS.getValue().longValue(),
-                        SavingsAccountStatusType.TRANSFER_ON_HOLD.getCode(), "Transfer in progress", submittedAndPendingApproval,
+                optionData = new SavingsAccountStatusEnumData(SavingsAccountStatusType.TRANSFER_ON_HOLD.getValue().longValue(),
+                        SavingsAccountStatusType.TRANSFER_ON_HOLD.getCode(), "Transfer on hold", submittedAndPendingApproval,
                         isApproved, isRejected, isWithdrawnByApplicant, isActive, isClosed, isPrematureClosed, isTransferInProgress,
                         isTransferOnHold);
             break;