• Dropline Limit Schedule
• Onetime Limit Schedule
• Recurrence Limit Schedule

• In a Dropline Limit Schedule, the Limit Amount will slowly decrease to zero according to the Amount/Percentage and the frequency outlined in the Schedule definition.
• Dropline Limit flag at facility level must be enabled. Once a facility is signified as Dropline, it cannot be modified.
• Dropline limit schedule drawn will be based on limit amount.
• Dropline limit can be signified even on a facility without expiry date.
• Dropline limit schedule will be drawn based on parameters like Duration, Percentage/amount.
• Dropline limit end date will be derived by the system based on start date and signified duration or End date can be specified.
• Dropline limit schedule will be exploded till the signified end date based on the frequency specified.
• System will validate the derived end date is within limit expiry date and prompt appropriate message if the limit amount is getting zeroized before expiry date.
• System will prompt appropriate message if the limit amount is not dropping down to zero on end date based on percentage/amount signified.
• Multiple instances of schedule definition can be signified for a dropline limit duly ensuring the following.
  • Start date of second schedule should be after the end date of first schedule.
  • Overlapping schedules should not allowed.
  • At the end of first schedule, there should be residual limit amount remaining for the second schedule to consider.
• Dropline schedule can be signified during facility creation or subsequently as part of facility amendment.
• When a dropline schedule is set up during facility creation, the start date defaults to the line start date, and the first schedule date is calculated by adding the frequency to the line start date.
• When a dropline schedule is marked on a facility after the line start date, the start date defaults to today but can be changed to a future date. The amount at that time will be used to create the dropline schedule.
• Different start date and end dates can be signified with different percentage/amount within the line start date and expiry date with multiple schedule definition.
• When drop line limit is selected in the main screen, in schedule definition, reduce will be selected as default basis option and not editable.
• Based on the parameters signified system will draw a dropline limit schedule – reducing limit amount at specified frequencies which will be made applicable to facility on schedule date.
• Dropline limits can be signified across facilities in the hierarchy.
• Fee associated with limit amount for a backdated facility will consider the limit amount as per dropline limit applied on facility for fee calculation.
• Drop line schedules can be signified on a future dated facility as part of facility creation/ amendment.
• Dropline schedule generated based on schedule definition can be subsequently modified post generation.
• Generated schedule date and/or amount can be modified by user . Modified amount as per schedule on the schedule date will be applied on the facility.
• A one-time setup will be given to permit or restrict the application of a limited amount based on the dropline schedule if the used amount exceeds the scheduled limit. The limit will be applied according to this setup.
• If the applied limit causes the available balance to go negative, it will be recorded as an exception. This information can be used to create a report for review or audit when the configuration is turned on.
• If the configuration is not enabled, limit amount as per drop line schedule will not be applied on the facility if the utilized amount is more than limit amount as per schedule. Such failures will be logged with details for reporting purposes.

• As part of facility amendment process, additional schedule definitions can be signified on a subsequent date. Limit amount as on date of signifying schedule definition will be considered. Base amount as at the end of first schedule will be considered for the second schedule.
• Dropline limit schedule definition end date signified on a facility can be modified on a later date during the life cycle of facility after application limit amount as per schedule definition.
• Modifications like duration of schedule, percentage/amount, start date can be done on future schedule definitions which are yet to start.
• Validation relating to overlapping of first schedule with existing second schedule to be handled as part of amendment.
• Modification of second or subsequent schedule definition which is yet to start will regenerate schedule only relating to the modified definition and not the first definition.
• Deletion of schedule definition after the start date when limit amount has got applied on facility based on exploded schedule is not permitted.
• Limit amount modification during facility life cycle if done will be effective on the facility till next drop line schedule date.

• Onetime limit schedule is signifying a limit schedule for predefined duration within the tenor of the facility.
• Limit amount as on the date of signifying schedule definition will be considered for schedule limit computation.
• User must specify the period during which the one-time schedule is applicable by specifying start date and Duration & Units or End Date.
• If the Duration & Unit or End date is not provided, the limit amount according to the schedule will apply from the start date until the limit expiry date or the next scheduled limit instance, unless reinstatement is chosen.
• User can signify Basis as Percentage or Amount & its value and Schedule Action as Increase/Decrease/Fixed, based on which the Limit Schedule amount will be computed.
• Multiple definitions of one-time schedule can be signified.
• Limit to be reinstated after the end date of one-time schedule if the user has enabled Schedule Reset.
• Once schedule is commenced except end date, other details cannot be modified.
• Basis amount for the application of second schedule definition is first schedule limit amount if reset is not opted. It will be the limit amount if reset opted.

1. When defining a Limit Schedule, if there is no current Schedule or one added after the existing schedule starts, choose Amount as the Basis and set the Schedule Action as:
   • Increase / Decrease: The specified amount will be added / deducted to the previous day's Limit Amount prior to the proposed schedule start date.
   • Fixed: The specified amount will be considered as the Limit Amount for the Schedule period.
2. Similarly, while signifying a Limit Schedule definition, by selecting Basis as "Percentage" and Schedule Action as:
   When there is no Schedule definition (on-going or future schedule) in the facility:

   • Increase / Decrease: The percentage will be applied to the Limit Amount on the day of adding the proposed schedule and the result will be added / deducted to the previous day's Limit Amount prior to the proposed schedule start date.
   • Fixed: The percentage will be applied to the Limit Amount on the day of adding the proposed schedule and sets the calculated value as the Schedule Limit Amount for the signified schedule period.
   When a Schedule definition is added subsequently before or after commencement of existing schedule definition in the facility:

   • Increase / Decrease: The percentage will be applied to the previous Schedules Definition’s last Schedule Limit Amount and the result will be added / deducted to the previous day's Limit Amount prior to the proposed schedule start date.
   • Fixed: The percentage will be applied to the Limit Amount on the day of adding the proposed schedule and sets the calculated value as the Schedule Limit Amount for the signified schedule period.

• As part of facility amendment, new schedule definition can be added to a facility after line start date.
• Exploded schedule limit date and/or amount can be modified which will be considered for limit amount updating on the facility.
• Any subsequent addition of schedule definition will consider the limit amount as on date for arriving the new schedule.
• If a new schedule is added after an ongoing one, and the first schedule has a reset option, the new schedule will use the reset limit amount.
• Amendment in Limit Schedule definition before commencement of the Schedule:

• This is extension of one time schedule with multiple recurrences. Definition is considered recurrence as per defined recurrence frequency duration.
• Recurrence Frequency must be greater than the Schedule Duration.
• For the specified duration in Schedule definition, the applicable Recurrence Frequency are:

  Table 2-178 Recurrence Frequency

  Schedule Duration	Applicable Recurrence Frequency
  Less than 7 days	Weekly / Monthly / Quarterly / Half-yearly / Yearly
  7 days to less than 1 Month (or its equivalent in Days)	Monthly / Quarterly / Half-yearly / Yearly
  1 Month to less than 3 Months (or its equivalent in Months/Days)	Quarterly / Half-yearly / Yearly
  3 Months to less than 6 Months (or its equivalent in Months/Days)	Half-yearly / Yearly
  6 Months to less than 1 Year (or its equivalent in Months/Days)	Yearly
  1 Year or more (or its equivalent in Months/Days)	Not applicable

• Limit Schedule Amount applied for a range of dates, with Schedule Reset enabled, the Recurrence Frequency will be based on the resetted Limit Amount, else subsequent Recurrence Frequency limit amount will be based on previous frequency limit amount.
• Multiple instances of Recurrence Schedules can be signified without overlapping of Schedules.
• Before commencement of the schedule, the User can modify the values in Recurrence Frequency and its Unit and the revised schedule can be exploded.
• Before starting the schedule, the Recurrency frequency can be adjusted up or down to match the Schedule duration as part of the Facility Amendment.

System date : 25-Feb-2025

Facility Start date : 10-Feb-2025

Facility End date : 31-Dec-2025

Limit Amount : USD 1,00,000

System date : 28-Feb-2025

System date : 28-Feb-2025

System Date : 05/03/2025