This topic describes about configuring type of the product segment as Loan or Lease and its brief description and validity period.

1. On Homescreen, click Retail Lending, under Retail Lending, click Maintenance.
2. Under Maintenance, click Product Segment, under Product Segment, click Create Product Segment.
   The Basic Details screen displays.

   Figure 2-14 Basic Details
   
   Description of the illustration create-product-basic-details.png
   

3. Specify the fields on Basic Details screen.

   Note:

   The fields marked as Required are mandatory.

   For more information on fields, refer to the field description table.

   Table 2-14 Basic Details - Field Description

   Field	Description
   Code	Specify a unique code. A product code can be of a maximum of 4 characters that includes alphabets and numerical values. Special and negative character inputs are not supported.
   Description	Specify the description of the code. The description can be of a maximum of 240 characters that includes alphabets, numerical and restricted special characters.
   Type	Select the type as Loan from the drop-down list. The available options are: Loan Lease Note: Lease is for future use.
   Start Date	Specify the start date from when the product segment is valid. Note: Onboarding a loan account with start date before the start date of the product segment code is not allowed.
   End Date	Specify the end date till which the product segment is valid. Note: Onboarding a loan account under a product segment where the end date has elapsed is restricted.

4. Click Cancel to discard the changes and close the window.
5. Click Save and Close to save and close the details.
6. Click Next to save and navigate to the next screen (Component Linkage).