4.23.3 Validating Margin Rate Floor and Ceiling at Drawdown Level

Oracle Banking Corporate Lending allows you to capture the Margin Rate Floor and Ceiling rates at the Tranche level for each of the margin components that are defined for the tranche and currency combination.

Following validations are done for margin rate floor and ceiling at drawdown level.

• If the margin rate is less than the floor defined at the tranche, then the system displays the following override message:

  Rate is less than the Floor defined at Tranche. Do you want to over-write the rate with the Floor value?

  Clicking on the OK button, the system defaults the floor value defined at the tranche.

  If you cancel the override message, then you need to specify the margin rate greater than the floor value to exit from the screen.

• If the margin rate is greater than the ceiling defined at the tranche, then the system displays the following override message:

  Rate is greater than the Ceiling defined at Tranche. Do you want to over-write the rate with the Ceiling value?

  Clicking on the OK button, the system will default the ceiling value defined at the tranche.

  If you cancel the message, then you need to specify the margin rate lesser than the ceiling value to exit from the screen.