2.4 Deposit Amendment on Loan Amendment

Once a CD linked OL contract is booked and disbursed a deposit is created. On amendment of Maturity date or Principal Amount in the Value Added Amendment screen, the same can be propagated to the deposit. Only these two attributes can be amended for the deposit. The deposit amendment is done through web service.

Processing of deposit amendment is explained in the below table.

Table 2-7 Processing of Deposit Amendment

Process	Description
OL Contract Amendment Deletion	If CD amendment is unprocessed/failed, then OL contract amendment deletion is not allowed. If CD amendment is processed, OL contract amendment deletion is allowed. Initiates up to two actions based on the scenario as follows: Deposit redemption if the OL amendment was only for principal increase. Deposit VAMI with change in maturity date back to the old maturity date, if the OL amendment was only for maturity date change. Both redemption and VAMI in case if OL amendment has both modified.
OL Contract Amendment Authorization	OL contract amendment authorization is validated with the deposit amendment status. If deposit amendment is processed, then OL contract amendment authorization is allowed. If deposit amendment is failed/unprocessed, then OL amendment contract authorization is not allowed.
OL Amendment Reversal	On reversal of OL amendment contract, initiates up to two actions based on the scenario as follows, Deposit redemption if the OL amendment was only for principal increase. Deposit VAMI with change in maturity date back to the old maturity date, if the OL amendment was only for maturity date change. Both redemption and VAMI in case if OL amendment has both modified.
OL Contract Amendment Reversal Authorization	OL contract amendment reverse authorization is validated with the deposit amendment reversal status. If the reverse deposit redemption is processed, then OL contract amendment reversal authorization is allowed. If the reverse deposit amendment authorization is unprocessed or failed, then OL contract amendment reverse authorization is not allowed. Once deposit amendment reverse gets processed, OL contract amendment reversal deletion is not allowed.