12 Conditions Compliance Initiation

This topic provides systematic instructions about the Conditions Compliance Initiation stage in the Conditions Compliance Tracking Process.

The conditions compliance process is a simple two stage work-flow for tracking the compliance status of various conditions set for the cutomer during review process. This conditions compliance process must be initiated by the banks at regular intervals throughout the life-cycle of the facilities to ensure the repayment of facilitu on stipulated time.
The two stages available in the conditions compliance process are:
  • Initiation
  • Approval
In this stage, the user can update the status of customer’s compliance with various Conditions and send the same for approval.
  1. On Home screen, select Credit Facilities. Under Credit Facilities, select My Portfolio.
    The My Portfolio screen is displayed.

    Figure 12-1 My Portfolio


    Description of Figure 12-1 follows
    Description of "Figure 12-1 My Portfolio"

  2. Click and expand the required customer.
  3. Click Initiate T & C Compliance.
    The Initiate Terms and Conditions Compliance screen is displayed.

Or

  1. Navigate to Credit Facilities > Initiate Terms and Conditions Compliance from the left menu.
    The Initiate Terms and Conditions Compliance screen is displayed.

    Figure 12-2 Initiate Terms and Conditions Compliance


    Description of Figure 12-2 follows
    Description of "Figure 12-2 Initiate Terms and Conditions Compliance"

  2. Select the Application Priority based on requirement.
    The options available are Low, Medium, and High.
  3. Search and select the Application Branch and Party Id.

Upon clicking the search icon in Party Id field, the Party Search window is displayed as shown below.

Figure 12-3 Choose Party ID


Description of Figure 12-3 follows
Description of "Figure 12-3 Choose Party ID"

  1. Click Fetch.
    The Party IDs are populated.
  2. Click on the Party Id.
    The system updates the Party Id field with the selected Id and displays the Terms and Conditions widget as shown below.

    Figure 12-4 Terms and Conidtions Widget


    Description of Figure 12-4 follows
    Description of "Figure 12-4 Terms and Conidtions Widget"

In the above screen, the following information are displayed:

  • Customer Information
  • T&C Widget with the following details
    • Total numbers of terms and conditions available for the customer
    • Number of terms and conditions directly linked to the customer
    • Number of terms and conditions linked to the facilities availed by the customer
    • Number of terms and conditions which must be satisfied before disbursement
    • Number of terms and conditions which must be satisfied after disbursement
    • Number of terms and conditions for which status is not yet updated
    • Met - Number of pre and post disbursement terms and conditions that are already met
    • Breached - Number of pre and post disbursement terms and conditions that are already breached
    • Not updated - Number of pre and post disbursement terms and conditions for which status is not updated yet

  1. To initiate the Terms and Conditions Compliance process, click Initiate T&C Compliance.
    The Initiation - Terms and Conditions Details screen is displayed.
  • Terms and Conditions Details
    This topic provides systematic instructions about the Terms and Conditions Details data segment in the Terms and Conditions Compliance Tracking Process Initiation stage.
  • Customer Summary
    This topic provides systematic instructions about the Customer Summary data segment in the Terms and Conditions Compliance Tracking Process Initiation stage.
  • Comments
    This topic provides systematic instructions about the Comments data segment in the Terms and Conditions Compliance Tracking Process Initiation stage.