5.2.3.3 Status Control
The statuses - for example, Active, Past Due Obligation, Non-Accrual Basis, and Write-Off , and so on. defined for the product in the Status Maintenance screen is applicable for the drawdown. You have to indicate the mode of status change for a drawdown.
The options are:
- Auto – If you select this option, system automatically moves the drawdown from one status to the other based on the criteria maintained for status change (in the Status Maintenance screen).
- Manual - If you select this option, user intervention is required to move the drawdown from one status to the other.
Parent topic: Capturing Details in the ‘Contract’ Tab