1.5.1 Process of Rollover

This topic describes the systematic instructions to Rollover stage. The Rollover denotes the renewal of a loan.

The outstanding principal of the loan is rolled over with or without outstanding interest for an extended maturity date.

  1. From Homepage, clcik Corporate Lending, and then clcik Operations. From Operations, click Bi-lateral.
  2. From Bi-lateral, click Financial Amendment.
    The Rollover screen displayed.

    Figure 1-51 Rollover

    Description of Figure 1-51 follows
    Description of "Figure 1-51 Rollover"
  3. Click Advanced Search to provide further details to search for a loan contract as illustrated.
    The Rollover - Advanced Search screen displays.

    Figure 1-52 Advanced Search

    Description of Figure 1-52 follows
    Description of "Figure 1-52 Advanced Search"
  4. In basic search user can search based on customer or facility code to choose a contract that needs to be serviced.
    • Customer Number- The LOV attached to this field is the list the customer available.
    • Facility Code - The LOV attached to this field is the list the facility codes in the system.
  5. 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 Rollover 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:

Parent topic: Loan Servicing