1. Retail Loans Origination User Guide
  2. Retail Loans Account Origination Process
  3. Manual Credit Assessment

2.7 Manual Credit Assessment

This topic describes the systematic instructions to move the loan application to manual credit assessment stage.

The Manual Credit Assessment stage of the retail loan account open process work-flow is enabled the bank to manually assess the application and provide the recommendation for the approval / rejection of the application. As a reference, the relevant completed data segments will be made available to the Approver before the application can be moved to the next stage. These completed data segments are from the Application Entry Stage, Application Underwrite Stage and Application Assessment Stage. The data segments are displayed in view only mode for the Credit Officer to analyze.

To capture manual credit assessment details:

  1. Scan the records that appears in the Free Task list.
  2. Click Acquire and Edit or Acquire from the Action column of the appropriate record. The Manual Credit Assessment stage is displayed

    The Manual Credit Assessment stage has the following data segments in which the user can only view the data:

    • Loan Details - For detailed information, refer the Loan Details data segment in the Application Entry stage.
    • Customer Information – For detailed information, refer the Customer Information data segment in the Application Entry stage.
    • Financial Details: - For detailed information, refer the Financial Details data segment in the Application Entry stage.
    • Credit Rating Details: - For detailed information, refer the Credit Rating Details data segment in the Loan Underwriting stage.
    • Legal Opinion - For detailed information, refer the Legal Opinion data segment in the Loan Underwriting stage.
    • Valuation Details - For detailed information, refer the Valuation Details data segment in the Loan Underwriting stage.

    Refer below chapters for detailed information on data segment that are editable.

  • Manual Assessment
    This topic provides the systematic instructions to modify the account details and recommend for the approval / reject the loan application.
  • Summary
    This topic provides the systematic instructions to view the summary of each of the data segmentsin as many tiles as the number of data segments in the given stage.

Parent topic: Retail Loans Account Origination Process