Product Mapping

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'. mapping feature 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 map products to users from the channel.

System Administrator can map products maintained in the core banking system to different User type and all the users falling under that user type can open accounts for the mapped products only. This option is currently enabled for Term Deposit and Recurring Deposit module.

For example: A user can open a term deposit or a recurring deposit only under those products which are mapped to the User Type/User Segment assigned to the user. Products which are not mapped, will not be available (for opening deposit accounts) to a channel user. This will be a part of Day 1 setup.

Note: For User Type – Retail, product mapping can be done for User Type and User Segment combination.

Pre-Requisites

• Transaction access is provided to System Administrator.
• Approval rule is set up for System Administrator to perform the actions.
• Necessary products are maintained in core banking application.

Workflow

Features Supported In Application

The module supports following features:

• View Product Mapping
• Edit Product Mapping
• Create Product Mapping

How to reach here:

System Administration Dashboard > Configuration > Product Mapping
OR
System/ Bank Administration Dashboard > Toggle Menu > Configuration > Product Mapping

Product Mapping - View

Using Product mapping view option, System Administrators can view the list of products mapped to the product module. The System Administrator can view the mapping details by clicking the User Segments link.

To view the product mapping:

• Navigate to the Product Mapping screen. The Product Mapping screen with mapped products appears.
  OR
  Click Cancel to cancel the transaction and navigate to the dashboard.

• Click the Product Mapped link of the user record for which you want to view the details.
  The Product Mapping - View screen appears.

• Click Edit to edit the user-segment - product mapping.
  OR
  Click Cancel the operation and navigate to the ‘Dashboard’.
  OR
  Click Back to navigate to the previous screen.
  

Product Mapping - Edit

This function enables the System Administrator to edit the product mapping. The System Administrator can map or delete the products to the product module.

To edit or update the product mapping:

1. In the Product Mapping screen, click the Product Mapped link of the user record for which you want to edit the details.
   The Product Mapping - View screen appears.
   
2. Click Edit to edit the user-segment - product mapping. The Product Mapping - Edit screen appears.
   OR
   Click Cancel the operation and navigate to the ‘Dashboard’.
   OR
   Click Back to navigate to the previous screen.
   

3. Edit View the defined values for fields, in an editable form.
4. Edit the required details.
5. Click Save to save the changes.
   OR
   Click Cancel to cancel the operation and navigate back to ‘Dashboard’.
   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 transaction submission appears along with the transaction reference number and status.
   Click OK to complete the transaction.

Product Mapping - Create

This option enables the System Administrator to select the products and map it to the Product Module.

To create a new product mapping:

1. Navigate to the Product Mapping screen.
2. Select the User Type for which the product mapping needs to be maintained.
3. Select the User Segment (applicable only for Retail user type).
   

• Click Map Products.
  The Product Mapping - Create screen appears.

Note: The Map Products link is available only if no products are mapped to the user segment.

5. From the User Type list, select user for which products are mapped.
6. From the Product Module list, select product modules which are available for mapping.
7. From the Product Type list, select product type available for mapping.
8. Select the checkbox(s) for the product which has to be mapped to the user.
9. In the Minimum Amount field, enter the minimum permissible amount for opening deposit under the selected product.
10. In the Maximum Amount field, enter the maximum permissible amount for opening deposit under the selected product.
11. Click Save to save the mapping.
    OR
    Click Cancel to cancel the operation and navigate back to ‘Dashboard’.
    OR
    Click Back to navigate to previous screen.
12. 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.
13. The success message of transaction submission appears along with the transaction reference number and status.
    Click OK to complete the transaction.

FAQs

For which type of products, product mapping functionally is available?

As of now, product mapping feature is enabled only for Term Deposit and Recurring Deposit type of products for retail users and Term Deposit for corporate users.

Can customer view the account details of an account opened under a product which is not mapped?

Yes, user can view the account details of an account opened under a product which is not mapped. The restriction will only be for opening new account from channel.

What will happen once the products mapped gets expired?

The expired products will no longer be available for product mapping. Also customers will not be able to open new accounts using expired product.

What will happen if the products are not mapped to any user segment and are only mapped to user type?

In this case, all the products mapped to the user type will be available for account opening to the users associated to that user type.

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