This topic describes capturing basic details related to identification of products like Product Description, validity period of the product and Product segment under which it is created.

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

   Figure 2-31 Basic Details

   
   

   
   Description of "Figure 2-31 Basic Details"

   
   
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 2-31 Basic Details - Field Description

   Field	Description
   Code	Specify the code to identify the template.
   Description	Specify the description of the template code.
   Product Code	Click icon and select the code as Loan from the drop-down list.
   Product Description	Displays description of the product code selected.
   Start Date	Specify the start date for the product, and the system will allow the backdated start date. However, The system validates the date during on-boarding of account and displays an error if loan start date is less than the start date of product code.
   End Date	Specify the end date for the product, and the system will allow the future date. On Loan account onboarding, loan start date will need to be with in the start date and end date of product under which the loan account is opened. Note: Start date and End date of product will need to be with in the start and end date of product segment to which it is linked.
   Type	Select the type as Personal Loan from the drop-down list. The allowed values are defined by the lookup type LOAN_TYPE.

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 (Business Components).