1. Loan Service User Guide
  2. Accounts
  3. Consolidated Rollover

2.1 Consolidated Rollover

You can consolidate the loan accounts having the same currency using the Consolidated Rollover screen. Once the accounts are consolidated, you can define the driving factors for various aspects for the new consolidated loan account.

To consoldiate loan accounts:

Note:

The field, which is marked with blue asterisk, is mandatory.
  1. On the Homepage, from Loan Service mega menu, under Accounts, click Consolidated Rollover. You can also open the screen by specifying Consolidated Rollover in the search icon bar and selecting the screen.
    The Consolidated Rollover screen is displayed.

    Figure 2-1 Consolidated Rollover

    Description of Figure 2-1 follows
    Description of "Figure 2-1 Consolidated Rollover"
  2. On the Consolidated Rollover screen, click the Search icon or specify the customer ID in the Customer field, and press Tab or Enter.
    In the Consolidation tab, the Accounts section with basic account details are displayed.

    Figure 2-2 Consolidated Rollover – Account Details

    Description of Figure 2-2 follows
    Description of "Figure 2-2 Consolidated Rollover – Account Details"
  3. In the Consolidation tab, maintain the required details. For more information, refer Consolidation Tab.
  4. Click Next.
    The Schedule tab is displayed. For more information, refer Schedule Tab.
  5. Click Next.
    The Interest & Fees tab is displayed. For more information, refer Interest & Fees Tab.
  6. Click Next.
    The Settlement tab is displayed. For more information, refer Settlement Tab.
  7. Click Next.
    The Consolidated Account Details tab is displayed. For more information, refer Consolidated Account Details Tab.
  8. Click Submit.
    The screen is successfully submitted for authorization.
  • Consolidation Tab
    Using this tab, you can select the accounts to be consolidated.
  • Schedule Tab
    Using this tab, you can view or define the schedule based on the product or account, for the newly consolidated loan account.
  • Interest & Fees Tab
    Using this tab, you can view or define the interest or fees based on the product or account for the newly consolidated loan account.
  • Settlement Tab
    Using this tab, you can define the settlement accounts for the newly consolidated loan account.
  • Consolidated Account Details Tab
    Using this tab, you can view the basic details for the newly consolidated loan account.

Parent topic: Accounts