8.3.1.8.7 Rate Setting

Specify the User ID and Password, and login to Homepage.

From the Homepage, navigate to Consol Rollover Input screen.

1. From the Consol Rollover Input screen, click Rate Setting.
   The Rate Setting screen is displayed.

   Figure 8-6 Rate Setting

   
   

   
   Description of "Figure 8-6 Rate Setting"

   
   
2. You can specify below details in this screen. For information on fields, refer to the field description table.

   Table 8-9 Contract Details

   Fields	Description
   Product code	Displays the product code.
   Contract Ref number	Displays the contract ref number.
   User ref number	Displays the user ref number.
   Customer	Displays the customer name.
   Facility name	Displays the facility name.

   Table 8-10 Split Details

   Fields	Description
   Split number	The system displays the split number.
   Principal roll amount	The system displays the principal roll amount.
   Interest roll Amount	Interest roll Amount
   Roll Product	The system displays the roll product.
   Total roll amount	The system displays the total roll amount.
   Maturity date	The system displays the maturity date.

   Table 8-11 Interest rate rounding rules

   Fields	Description
   Rounding rule	Select the rounding rule from the drop-down list. Select one of the options listed below: Down Upto No rounding Manual
   Rounding Unit	The rounding unit will be enable only if the you have selected the Rounding rule as Down and Upto.
   Interest rate period	Select one of the interest rate periods from the option list.

   Note:

   Once all the Rate setting rules are maintained and when you come out of Rate Setting Rule screen by clicking OK button (Green tick), following override message is displayed.

   • If the Interest Rate Rounding Rule is Manual, then the message is Rounding Rule is manual. Auto Rate Fixing is not done.
   • If Interest Rate Rounding Rule is not Manual, then the message is Rounding Rule is maintained. Auto Rate Fixing is done and rate is defaulted. This message appears only for the future dated events / contracts.

   You are allowed to change the Rounding Rule by clicking Cancel button in the override message.