3.1 Creating Application

In Initiate Credit Proposal window:

1. Select the Application Priority based on the party requirement. The options available are Low, Medium and High.
   Note: Application Branch field is displayed by default.

Customer Details

2. Select the Customer type. The options available are New and Existing.

   Figure 3-5 Initiate Credit Proposal- Customer Details

   
   

   
   Description of "Figure 3-5 Initiate Credit Proposal- Customer Details"

   
   

   Figure 3-6 Initiate Credit Proposal- Customer Details

   
   

   
   Description of "Figure 3-6 Initiate Credit Proposal- Customer Details"

   
   
3. Organization Details
   For information on fields in the Organization Details screen, refer the below table.

   Table 3-1 Organization Details

   Fields/ Icons	Description
   Organization Name	Enter Organization Name for the party.
   Short Name	Enter Short Name for the party.
   Organization Type	Select Organization Type from the drop-down list. The options available are: Conglomerate Single
   Entity Type	Select Entity Type from the drop-down list. The options available are : Proprietorship Pvt Ltd Public Ltd Govt Owned Trusts Clubs Society Associations Limited Liability Partnership Foreign Bodies NGO Others

   Table 3-2 Organization Details

   Fields/ Icons	Description
   Country of Incorporation	Click Search icon and select Country of Incorporation.
   Incorporation Date	Click Calendar icon and select Incorporation Date.
   Country of Risk	Click Search icon and select Country of Risk, i.e country on whose books the risk exposure will be recorded for the party.
   Customer Category	Click Search icon and select Customer Category, for example Corporate, Labour, Individual, Banks etc.
   Demography Type	Select Demography Type from the drop-down list. The options available are : Domestic Global Note: If you select Global option, Geographical Spread field appears.
   Geographical Spread	Search and select all the countries in which the party is operating Geographical Spread.
   Classification Type	Select Classification Type from the drop-down list. The default options available are: Micro Small Medium
   Branch Code	Branch Code is displayed by default.
   Upload Logo	Click Upload Logo, to upload the company logo file.
   Customer Access Group	Click Search icon and select Customer Access Group.
   Special Customer	Select Special Customer, if the party is eligible for special customer service.
   RM Id	Enter RM Id of the Relationship Manager initiating the Proposal.

Industries

4. To capture the line of business of the party, click +.
   The Add Industry window is displayed.

   Figure 3-7 Add Industry

   
   

   
   Description of "Figure 3-7 Add Industry"

   
   

   For information on fields in the Add Industry screen, refer the table below.

   Table 3-3 Add Industry

   Fields/ Icons	Description
   Sector	Select Sector of the party.
   Industry Group	Available industry group under Sector will appear. Select Industry Group appropriate for the party.
   Industry	Available industries under industry group appears. Select Industry appropriate for the party.
   Sub Industry	Available sub-industries under industries appears. Select Sub Industry appropriate for the party.
   Delete	Click Delete, if you need to delete the industry details. Note: If the party is into different sectors, the user can capture all the sector details while initiating credit proposal. To add another sector information, click +.

Credit Rating

5. To capture rating information of the party, click +.
   The Add Rating window is displayed.

   Figure 3-8 Add Rating

   
   

   
   Description of "Figure 3-8 Add Rating"

   
   
6. Select the following details:

   For information on fields in the Customer Rating screen, refer the table below.

   Table 3-4 Customer Rating

   Fields/ Icons	Description
   Rating Date	Select Rating Date. The date when the rating was done by the rating agency.
   Outlook	Select Outlook. The outlook given by the rating agency.
   Risk Ratings	Select Risk Ratings. The risk rating given by the rating agency.
   Year Of Rating	Year of Rating is automatically populated based on the selected Rating Date.
   Rated By	Select Rated By. The rating agency name.
   Delete	Click Delete, to delete the added rating. Note: If the party is rated by different rating firms, all the rating information must be captured while initiating credit proposal. To add another rating information, click + Add ratings again.

   Social Media Profiles

   For information on fields in the Social Media Profiles screen, refer the table below.

   Table 3-5 Social Media Profiles

   Fields/ Icons	Description
   Social Media Profiles	Enter the following addresses in respective fields: Official Website Address Facebook Address Twitter Address

   Submit, Submit and Enrich, and Cancel

   For quick initiation, the RM clicks Submit and submits the application. For more information about Submit, Submit and Enrich and Cancel fields refer the table below.

   Table 3-6 Submit, Submit and Enrich, and Cancel

   Fields/ Icons	Description
   Submit	If you click Submit, a task will be created in the next stage and stored in Free Task.
   Submit and Enrich	If you click Submit and Enrich, you will be directly taken to the next stage of the application.
   Cancel	If you click Cancel, the application will not be initiated and the proposal is cancelled.

   Note:

   During child party creation, Create button appears instead of Submit, Submit and Enrich, and Cancel buttons. Click Create to add the child party for the existing party.
7. Dedupe Check Screen

   If the party is available, then the system stops here and asks for further action.

   Figure 3-9 Dedupe Check

   
   

   
   Description of "Figure 3-9 Dedupe Check"