3.2 Loan Sanction Advice

Use this advice during Loan origination approval stage.

This advice is associated with Loan origination approval stage for PROCEED outcome.
  • Contents of the Advice: The contents of the report are discussed under the following heads.
  • Header: The header carries the report title, run date and time, branch name, branch address, Loan application reference, applicant name and customer address.
  • Body of the Report: The following details are displayed in the report.

    Table 3-2 Loan Sanction Advice

    Field Description
    Loan Application Reference Loan Application reference Number
    Customer ID Customer Number of the applicant
    Customer Name Name of the applicant
    Application Category Application Category of the loan
    Loan Amount Loan Amount of the application
    Loan Currency Currency of the loan amount
    Loan Tenor Tenor of the loan
    Loan Purpose Purpose of the loan
    Maturity Type Type of maturity
    Loan Maturity Date Maturity date of the loan
    Interest Rate Code Interest rate details of the loan
    Rate Rate of the loan
    Spread Spread details
    Interest Payment Frequency Frequency of the interest payment
    Disbursement Date Date of disbursement / Value date

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