Credit Card Product Preferences

1.1.1.4.4 Credit Card Product Preferences

This topics describes the credit card product preferences details.

If the Product Category is selected as Individual to configure credit card product preferences:

Figure 1-11 Business Product Preference – Credit Card Product

Description of "Figure 1-11 Business Product Preference – Credit Card Product"

Table 1-11 Business Product Preference – Credit Card Product

Field Name	Description
Common Configuration	Specify the common configurations for the business product.
Residential Status Allowed	Select the option for which the business product is applicable for. Available options are: Resident Non-Resident
Customer Status Allowed	Select the option for which the business product is applicable for. Available options are: Major Minor
Currency Allowed	Select the currency or currencies that are allowed for the business product. System allows to select multiple currencies, if applicable.
Minimum Age	Specify the minimum age of the applicant who are eligible to open the account for the business product being created. Select the period from the drop-down box. Available options are: Days Month Year
Maximum Age	Specify the maximum age of the applicant who are eligible to open the account for the business product being created. Select the period from the drop-down box. Available options are: Days Month Year
Inactive Application Expiry Period	Specify the period after which the application has to be marked as ‘Expired’. Once the application has expired, no further lifecycle activity can happen for that application.
Branch	Select one of the following options: Allowed – Select it to indicate and specify the branches where the account under the specified Business Product is allowed to be opened. Disallowed – Select it to indicate and specify the branches where the account under the specified Business Product is not allowed to be opened.
Financial Details Validity Period	Specify the validity period for financial details of the applicant. Select the period from the first drop-down box. Available options are: Days Month Year Select the numeric period from the second drop-down box.
Allowed Applicant Roles	Specify the applicant roles that are allowed to apply this product. The available roles are as below: Primary Joint Guarantor Custodian Guardian Cosigner The option in this list appears for selection based on the configuration. This selected roles gets reflected in the Applicants data segment while capturing an applicant information in an application.
Customer Category	Select one of the following options: Allowed – Select to indicate whether the specified categories are allowed to open an account for selected product. Disallowed – Select to indicate whether the specified categories are not allowed to open an account for selected product. The system allows to select Disallowed and keep it blank so that the Business Product is allowed for all the branches.
Configuration for Credit Card Products	Specify the configurations for Credit Card products.
Card Type	Select the card type.
Affinity Program Name	Select the affinity program name.
Picture Card	Select the toggle to enable the picture card for the business product.
Minimum Card Limit	Specify the minimum card limit for the business product.
Maximum Card Limit	Specify the maximum card limit for the business product.
NFC	Select the toggle to enable NFC.
Addon Card Allowed	Select the toggle to allow the addon cards for the business product.
Maximum Number of Add-on Cards	Specify the maximum number of Add-on cards allowed for the business product. This field appears only if the Addon Card Allowed toggle is ON.
Define Addon Card Limit	Select the toggle to define the limit for the add on cards. This field appears only if the Addon Card Allowed toggle is ON.
International Usage allowed	Select the toggle to indicate whether the international usage allowed for the business product.
Currency Disallowed Usage	Select the currency which are not allowed for the business product.
Card Transactions Limit	Specify the card transaction limit details Click to add the card transaction limits.
Limit Type	Select the limit type. Available options are: ATM Limit POS Limit International Limit Internet Limit
Maximum Allowed Limit (%)	Specify the maximum allowed limit percentage.
Daily Limit	Specify the daily limit allowed.
Actions	Select the action user wish to perform on added card transactions limit. The user can edit or delete the added transactions.
Credit Decision Service Flags	Select the credit decision service flags. The below flags appear only if Overdraft Limit Allowed toggle is selected.
Risk Based Pricing Applicable	Select the toggle if Risk based pricing is allowed for the loan accounts.
Application Based	Select the toggle if the scorecard calculation should be considered based on the application.
Primary Applicant Based	Select the toggle if the scorecard calculation should be considered based on the Primary applicant.

If the Product Category is selected as Small and Medium Business:

Figure 1-12 Business Product Preference – Term Deposit Product (SMB)

Description of "Figure 1-12 Business Product Preference – Term Deposit Product (SMB)"

Table 1-12 Business Product Details – Field Description

Field	Description
Common Configuration	Specify the common configurations for the business product.
Business Demography	Select the option for which the business product is applicable for. Available options are: Domestic Overseas
Currency Allowed	Select the currency or currencies that are allowed for the business product. System allows to select multiple currencies, if applicable.
Inactive Application Expiry Period	Specify the period after which the application must be marked as Expired. Select the period from the drop-down box. Available options are: Days Month Year Once the application has expired, no further lifecycle activity can happen for that application.
Branch	Select one of the following options: Allowed – Select it to indicate and specify the branches where the account under the specified Business Product is allowed to be opened. Disallowed – Select it to indicate and specify the branches where the account under the specified Business Product is not allowed to be opened.
Allowed Applicant Roles	Specify the applicant roles that are allowed to apply this product.
Customer Category	Select one of the following options: Allowed – Select to indicate whether the specified categories are allowed to open an account for selected product. Disallowed – Select to indicate whether the specified categories are not allowed to open an account for selected product. The system allows to select Disallowed and keep it blank so that the Business Product is allowed for all the branches.
Configuration for Term Deposit Products	Specify the configurations for the term deposit.
Funding Threshold Preferences	Specify the funding threshold preferences for term deposit product.
Term Deposit Currencies	Displays the currency based on the Currency Allowed configured in the Common Configuration tab above.
Minimum Term Tenure Basis	Select the minimum term tenure. Available options are: Days Month Year
Minimum Term	Specify the minimum tenure of the term deposit for the selected currency.
Maximum Term Tenure Basis	Select the maximum term tenure. Available options are: Days Month Year
Maximum Term	Displays the maximum tenure of the term deposit for the selected currency.
Minimum Amount	Displays the minimum amount of the term deposit for selected currency.
Maximum Amount	Displays the maximum amount of the term deposit for the selected currency.
Banking Channels	Select to indicate if multiple banking channels are allowed for the account.
Channels Allowed	Select the channels that are allowed to the account. The available options are: KISOK Banking Direct Banking Phone Banking This field appears if the Banking Channel toggle is selected.
Auto Rollover	Select to indicate if auto rollover is allowed for the account.
Common Configuration	Specify the common configurations for the business product.

Click Next in Business Product Host Mapping screen to proceed with next data segment, after successfully capturing the data.
Specify the details in the relevant data fields. The fields which are marked with Required are mandatory. For more information on fields, refer to the field description table.
Click Submit to create business product.

At this point, the status of business product is unauthorized. User with supervisor access has to approve the business product. Once approved, status of the business product changes from unauthorized to authorized and is available for linking in the business process.

Parent topic: Business Product Preferences