This topic provides systematic instructions about machinery.

1. On Home screen select Limits and Collaterals. Under Limits and Collaterals, select Collaterals. Under Collaterals, select Maintenances.
2. Under Maintenances, select Collateral Types. Under Collateral Types, select Machinery.
3. Under Machinery Details, select Machinery Maintenances.
   The Machinery Maintenance screen is displayed.

   Figure 3-127 Machinery

   
   

   
   Description of "Figure 3-127 Machinery"

   
   
4. Click
   
   
   
   icon.
   The Machinery Details screen is displayed.

   Figure 3-128 Machinery Details

   
   

   
   Description of "Figure 3-128 Machinery Details"

   
   

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

   Table 3-98 Machinery Details - Field Description

   Field	Description
   Serial Number	Serial number has to be unique across different machinery records in the same collateral.
   Industrial Type	Select the industrial type from the drop-down list. The options available are: Agriculture Industry Allied Industry Automobile Industry Banking Financial Industry Fishing Industry
   Machine Details	Specify the machine number of the machine submitted as collateral.
   Manufacturer	Specify the manufacturer details of the machine.
   Manufactured Year	Specify the manufactured year of the machine. Manufactured year cannot be after purchased year and also future year.
   Purchased Year	Specify the year of purchase of the machine. Purchased year cannot be in future.
   Machinery Location	Specify the machinery location.
   Registered Owner	Specify the name of machinery owner.
   Machinery Condition	Specify the machinery condition.
   Intended Use	Specify the intended usage of the machinery.

   Table 3-99 Currency - Field description

   Field	Description
   Currency Details	Displays the currency details under this section.
   Currency	If the collateral being is enabled for manual revaluation, then click the icon and select the currency from the option list. However, in case collateral being is enabled for external revaluation, currency gets populated based on the security code selected.
   Amount In Collateral Currency	Wherever machinery value currency is different from collateral currency, machinery value in the collateral is converted to collateral currency as per rate configured and amount in collateral currency is updated.

   Table 3-100 Plant & Machinery Details - Field Description

   Field	Description
   Machinery Type	Select the machinery type from the drop-down list. The available options are: New Used Leased
   Machine Value Basis	Select the basis of machine value from the adjoining drop-down list. The options available are: Assessed Value Written Down Value Invoice Value
   Assessed Value	Specify the assessed value of the machinery. If machinery value basis is selected as assessed value, assessed value is mandatory.
   Invoice Value	Specify the invoice value of the machine. If machinery value basis is selected as invoice value basis, invoice value is mandatory.
   Replacement Value	Specify the replacement value of the machinery.
   Written Down Value	Specify the written down value of the machine after depreciation. If machinery value basis is selected as written down value, basis, written down value is mandatory.
   Third Party Charge Amount	Specify the charge amount of other lenders, if any.
   Revaluation Base Value	When the revaluation type of the collateral is modified from auto to manual and vice-versa, last updated value based on revaluation is considered as collateral value which is updated as revaluation base value.
   Remarks	Specify remarks for the machinery, if any.

   Table 3-101 External pricing details - Field Description

   Field	Description
   Security code	When the collateral is enabled for external revaluation, click the icon and select the security code from the adjoining list.
   Security description	Displays the description of the security code selected.
   Price code	Click the icon and select can select one or more price codes configured for this security code.
   Unit value	Unit value is defaulted for the price code selected.
   Number of units	Specify the number of units of security being considered for collateral creation.
   Current Value	Based on unit value and number of units, current value is calculated and displayed. Note: For Manual modification of Collateral value, current value needs to be updated. No update is required for Invoice/Assessed/Written Down Value.

5. Click Save to save the record.

• View Machinery
  This topic describes the systematic instructions to view machinery.