1. Loan Syndication
  2. Loans Syndication
  3. Participant Drawdown
  4. Participant Drawdown Initiation

1.9.1 Participant Drawdown Initiation

The basic registration details for Participant Drawdown for a prospective borrower can be initiated using this Initiation screen, provided you have the required access rights.

To initiate Participant Drawdown

Specify the User ID and Password, and login to Homepage.

  1. On the Homepage, from Corporate Lending, under Operations, click Syndication.
  2. On the Syndication, click Participant Drawdown .
    The Participant Drawdownscreen is displayed.Participant DD
  3. In the Participant Drawdown screen, provide the required details.

    Table 1-122 Participant Drawdown

    Field Description
    Party Number Click Search to view and select the required party number.
    Party Name As per the party number selected, party name gets auto-populated.
    Business Product Click Search to view and select the required business product.
    Application Date Select an effective application date from the drop-down calendar. The system defaults the current system date as the application initiation date.
    Priority Click High/Medium/Low button as per the priority.
  4. Click Initiate to begin the process.

Related Topics

Parent topic: Participant Drawdown