You can provide a closure quote for any disbursed Loan account selecting a specific date as requested by the customer using the Closure Quote screen.

1. On the Homepage, from Retail Lending Services mega menu, under Repayment, click Closure Quote. User can also open the screen by specifying Closure Quote in the search icon bar and selecting the screen.
   The Closure Quote screen is displayed.

   Figure 3-79 Closure Quote

   
   Description of "Figure 3-79 Closure Quote"
2. Select the appropriate option from the Search by field.
3. Perform the required action, based on the option selected from the Search by field.
   The Quote details section is displayed.

   Figure 3-80 Closure Quote Details

   
   Description of "Figure 3-80 Closure Quote Details"
4. User can perform the closure quote action. For more information on fields, refer to field description table below:

   Table 3-46 Closure Quote – Field Description

   Field	Description
   Search by	Users can search for an account number by using any of the available search criteria. The account number is set as the default search option. Users can specify the account number directly in the adjacent field or search for an account number by clicking the Search icon. Users can also search for the specific account number by providing customer ID, account number, or account name. Other search options available in the Search by field are Customer ID, SSN, Mobile Number, and Email. A specific customer ID can be searched by providing the customer name or customer ID. If SSN, mobile, or email IDs are chosen to find an account number, the respective IDs have to be input entirely in the adjacent field for the system to display the account number. For a given search criteria, multiple account numbers may be linked. For example, two or more account numbers can be linked to a single mobile number. In such cases, the system displays all the account number matches and the user can select the relevant account number on which to perform a servicing operation. Note: The label of the field adjacent to the Search by field changes dynamically. For example, if the Account number is chosen as the search criteria, the label of the adjacent field is displayed as the Account Number. If SSN is chosen as the search criteria, then the adjacent field would display the label as SSN.
   Quote Details	This section displays the details to be maintained for closure quote.
   Quote Date	Specify or select the date as requested by the customer for the closure quote.
   Payable Amount	Displays the total amount payable by the customer.
   Fees Applicable?	Switch to to skip the fees on the closure quote. Switch to to apply fees on the closure quote.
   Quote Fees	Displays the quote fees amount. Note: This field is displayed, if switch to in the Fees Applicable? field.
   Allocation	This widget displays the split of the components and their amount contributing to Payable Amount. Note: The total amount in this widget will tally with payable amount, if fees applicable is set to Yes, and the payable amount will be updated with fees value. Similarly, the widget will also display the pay off quote fees.
   Details	Displays the details of the fees allocated.

5. Click Generate Quote.
   A message is displayed that, you that the quotes will be available in the Advices section. On the top right, if you click the Advices button, the will displays the PayOffQuoteAdvice. Here, you can click to view the Closure Quote, and also save or print it.

   As you click the Closure Quote, the is displayed.

   Note:

   Personal information used in the interface or PDFs are dummy. It is only for reference purposes.
6. Click Submit.
   The screen is successfully submitted for authorization.