1.4.4 Other Enhancements

• Interest Rate Types for Loans: New APIs have been added to enable the support for selection of interest rate types for loan applications in OBDX Originations. In case the loan product being applied for supports only one interest rate type the API to display the interest rate type enabled for the product is enabled. This enhancement is applicable to all loan product applications across Retail Generic (ROW), Retail US LZN and SMB.
• Offer Letter Rejection Reason: This enhancement is applicable to retail loan applications as well as retail savings and checking applications in which the applicant has opted for overdraft. If the applicant rejects the loan or overdraft offer from the application tracker, they are required to provide a reason for which the offer is being rejected. New APIs to support the capture of multiple rejection reasons has been enabled.
• Application Form Document: New APIs have been created to enable fetching the PDF containing the application form details from OBO, to be displayed in the OBDX application tracker.
• Retail Unsecured Personal Loans for Women: This feature is specific to the Retail Unsecured Personal Loan applications in the US region and has been introduced so as to facilitate loans designed by the bank specifically for women. New APIs have been added to ensure that if the loan product is designed specifically for women, then the gender field is mandatory, and an error message is displayed if gender is selected as any other than ‘Female’.
• Capture of Rank for Service Members: A new API to enable capture of Service Member’s Rank has been added. This is only applicable if the applicant is a serving defence officer or is a dependent of a serving defence officer. This information is captured only for Credit Cards and Unsecured Personal Loans applications.