In-Principle Approval
This topic describes the information about the request and approval of In-Principle Approval.
In-Principle Approval enables the bank user to check the eligibility of the loan by assessing the financial status and personal details of the applicant.
This topic contains the following subtopics:
- New Request
This topic provides the systematic instructions to raise the new IPA request. - IPA Initiation
This topic describes the information to initiate the application for the In-Principle Approval by capturing the required details. - IPA Approval
This topic describes the information to assess and approve the IPA application. - Enquiry
This topic provides the systematic instructions to enquire the loan products with IPA through the various search criteria and convert IPA to normal loan.
Parent topic: Oracle Banking Origination