Goal CATEGORY Maintenance

Goal Category maintenance allows the System AdministratorAdministrator is a set of individuals that administer the applicant/Affiliate entity. For example, Accountants, Authorized Signatories for organizations, Power of Attorney for individuals. to create, modify or expire goal categories. For each of the Goal Category, System Administrator can map the ProductA product is created based on the bank's business requirements and has certain typical parameters that describe its attributes or characteristics. Every product is defined under Product Class and Product Group. For example, a product 'Fixed rate home loan' is defined under product group 'Home Loan' and product class 'Loans'. under which the goals will be opened. This maintenance is done only for retail type of parties and is not applicable for corporate type of parties. Any time there can be a maximum of 10 categories available and each will have a unique category code.

Administrator created categories needs to be linked with a product which will decide the other key parameters which will govern the Goal category. These parameters would be:

• Goal Amount Range ( Minimum and Maximum Value)
• Interest Rate Offered
• Tenure Range ( Minimum and Maximum)

Prerequisites

• Transaction access is provided to System Administrator
• Products which needs to be mapped to different categories are well maintained
• Goal categories to be made are limited and cannot be deleted,

Workflow

Features Supported In Application

Goal category maintenance available for System administrator include

• Search Goal Category
• Create Goal Category
• Edit Goal Category

How to reach here:

System Administration Dashboard > Personal Finance > Goal Category
OR
System/ Bank Administration Dashboard > Toggle Menu > Personal Financial Management > Goal Category

Goal Category - Search

Using this option, System Administrators can search the existing goal category already created. The search result displays matching results of the goal based on search criteria entered.

If the search parameters are not specified, then it displays all the records. The search criteria comprises of two parameters:

• Category Code
• Category Name

Category code will be a unique code which can be used by administrator to distinguish Goals which can vary on the product mapped.

To search a goal category:

• Enter the search criteria, click Search. The search results appear on the Goal Category screen based on the search parameters.
  OR
  Click Clear if you want to reset the search parameters.
  OR
  Click Cancel if you want to cancel the transaction.

Goal Category - View

Using Goal category view option, the System Administrator can view the goal categories which already exist.

To view a goal category:

2. Enter the search criteria, click Search. The search results appear on the Goal Category screen based on the search parameters.
3. Click the Category Name link of the record for which you want to view the goal category. The Goal Category - View screen appears.

• Click Edit to if you want to edit the goal category.
  OR
  Click Cancel to cancel the transaction.
  OR
  Click Back to navigate to the previous screen.

Goal Category - Create

Using Goal category create option, the System Administrator can create new goal categories and sub categories.

To create a goal category:

1. In the Goal Category screen, click Create. The Goal Category - Create screen appears.

2. In the Category Code field, enter the code for the goal category.
3. In the Category Name field, enter the name of the goal category.
4. From the Expiry Date list, select the appropriate date.
5. Click Choose Files to choose the category image.
6. From the Product list, select the appropriate option.

7. Click Save to save the category details.
   OR
   Click Cancel to cancel the transaction.
   OR
   Click Back to navigate to previous screen.
8. The Review screen appears. Verify the details, and click Confirm.
   OR
   Click Cancel to cancel the transaction.
   OR
   Click Back to navigate to previous screen.
9. The success message of goal category creation appears.
   Click OK to complete the transaction.

Goal Category - Edit

Using Goal category edit option, System Administrator can modify the goal details at any time during the tenure of the goal. Administrator can edit Category Name, Expiry Date and Interest Rate fields.

To edit or update a goal category:

1. Enter the search criteria, click Search. The search results appear on the Goal Category screen based on the search parameters.
2. Click the Category Name link of the record for which you want to edit the goal category. The Goal Category View screen appears.
3. Click Edit to edit the goal category. The Goal Category Edit screen appears.
   OR
   Click Cancel to cancel the transaction.
   OR
   Click Back to navigate to the previous screen.

4. Edit the required details.
5. Click Save to update the changes.
   OR
   Click Cancel to cancel the transaction.
   OR
   Click Back to navigate to previous screen.
6. The Review screen appears. Verify the details, and click Confirm.
   OR
   Click Cancel to cancel the transaction.
   OR
   Click Back to navigate to previous screen.
7. The success message of updates appears.
   Click OK to complete the transaction.

FAQs

Can I create a category with unique category code but a common category name?

No, category code and category name, both should be unique.

Can I delete a goal category?

No, goal category once created cannot be deleted. However you can update an expiry date.

How many Goal categories can be created?

Administrator can create a maximum of ten goal categories. At a time there can be a maximum of ten active goal categories. Expired goal categories are treated as inactive categories.

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