1.5.2 Financial Amendment

This topic describes the systematic instructions to Financial Amendement stage.

With Financial amendment user can initiate changes to following loan parameters:
  • Additional disbursement of Principal
  • Changes to interest details
  • Increase or Decrease of Maturity date
  1. From Homepage, click Corporate Lending, and then click Operations. From Operations, click Bi-lateral.
  2. From Bi-lateral, click Financial Amendment.
    The Financial Amendment screen displays.

    Figure 1-59 Financial Amendment

    Description of Figure 1-59 follows
    Description of "Figure 1-59 Financial Amendment"
  3. Click Advanced Search to provide further details to search for a loan contract as illustrated.
    The Financial Amendment - Advanced Search screen displays.

    For information on the screen fields, refer to the field description table below.

    Table 1-44 Financial Amendment

    Field Description
    Customer Name Displays the Customer Name based on Customer.
    Facility Code Select the Facility Code.

    Note:

    In basic search user can search based on customer or facility code to choose a contract that needs to be serviced.
  4. Click Search to list the contracts that meets the search criteria for user to choose a contract number. Advanced search option can be activated using the toggle in the search bar where user can additionally search based on Loan start and end dates or the Loan currency and amount.
    • After selecting a contract system populates the appropriate business product applicable for the loan contract. User can choose a business product and the value date for the changes to be effective. On click of initiate, a unique Application Registration number is auto generated by the system, which are used throughout the process and for further tracking. The system derives the process flow for Financial Amendment with the configured list of data segments and the process gets instantiated.
    • Based on the user rights, the system navigates the user to the first manual stage of the manual stage of the process flow.

    This topic contains the following sub-topics: