This topic provides systematic instructions about Maintaining Haircut Schedule.

1. Click Next in the previous data segment to proceed with the next data segment, after successfully capturing the data.
   The Haircut Schedule screen is displayed.

   Figure 3-50 Haircut Schedule

   
   

   
   Description of "Figure 3-50 Haircut Schedule"

   
   

   Click
   

   

   
   icon. The Haircut Maintenance screen displays.

   Figure 3-51 Haircut Maintenance

   
   

   
   Description of "Figure 3-51 Haircut Maintenance"

   
   

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

   Table 3-43 Haircut maintenance - Field Description

   Field	Description
   Effective Date	Specify the effective date on which the haircut percentage becomes effective from the adjoining option list.
   Haircut Percentage	Specify the haircut percentage to be considered for application on the collateral on the specified date. Haircut Percentage chosen at the main screen gets defaulted as the firstschedule with collateral start date as the effective date, in the Haircut schedules sub-screen. Add The entire Haircut section is already repharsed earlier. Lets discuss. Haircut percentage specified should be within the range specified in collateral category maintenance. Haircut schedule percentage can be increased or decreased if the modification flag is enabled at category level. It can be decreased only if decrease flag is enabled. The haircut percentage of the Collateral can be between 1 to 100. Multiple Hair Cut Schedule can be provided for different future Effective dates. Note: System applies the Haircut Percentage to the collateral on the schedule effective date during the BOD process of the collateral batch . Collateral haircut schedule will be considered for net utilization calculation at facility level, since it affects the collateral contribution to the facility. Upon clicking Save, the following validations are performed: For New operation Effective date should be greater than the application date and start date of the collateral. Multiple Haircuts for the same effective date is not allowed. For modify operation Effective date should be greater than the application date and start date of the collateral. Effective date should be less than the end date of the collateral. Deletion or Modification of existing Haircuts whose effective date are less than application date would not be allowed. Haircut schedules maintained in this sub screen would be applied on the effective date in the existing collateral batch process. Existing field Haircut Percentage would show the latest haircut of the collateral.

2. Click Save to save the record. Click Next to navigate to the next data segment, after successfully capturing the data.