3.11.1.3 Valuation Details

This topic provides systematic instructions on Maintaining Valuation Details.

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

    Click
    Add
    icon. The Valuation Details screen displays.

    Figure 3-36 Valuation Details screen



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

    Table 3-33 Valuation Details - Field Description

    Field Description
    Reference Number The reference number is used to link a particular sub-system record to a particular child entity. Once the child collaterals are added, values entered in unique field considered for each of the collateral type are populated under reference number field of sub-system. You can select the reference number of any child collateral to link it to the sub-system record.

    For information on unique fields based on which the Reference Number field values are populated, refer Table 3-31.

    For more details, refer to Reference Details Example in Insurance Maintenance section.

    Agency Code Click the Search icon and select the valuation agency code. The codes maintained in Valuation details maintenance screen are displayed in the drop-down list.
    Agency Name Displays the agency name based on the selected agency code.
    Valuation Type Displays the valuation type maintained for the agency code.
    Valuation Date Specify the valuation date. The date cannot be before the last captured valuation date in case of modifying existing valuation record.
    Valuation Frequency Select the frequency from the drop down list. The options available are:
    • Monthly
    • Quarterly
    • Half Yearly
    • Yearly
    Valuation Currency Click the Search icon and select the currency in which the collateral is valuated.
    Valuation Amount Specify the collateral Valuation Amount.
    Valuer Remarks Specify the remarks by valuation agent.
    Estimated Age of Asset Specify the age of asset estimated by valuation agency in years.
    Estimated Life Span of Asset Specify the validity of asset estimated by valuation agency in years.
    Valuer Remarks Specify the valuer remarks.
    Remarks Specify the remarks by credit team.
  2. Click Save to save the record. Click Next to navigate to the next data segment, after successfully capturing the data.