4.7 Basic Details

In this page, you can select a collateral type and capture basic details about the collateral.

Figure 4-52 Basic Details

Description of "Figure 4-52 Basic Details"

For field level information refer the table below.

Table 4-31 Basic Details

Fields / Icons	Description
Collateral ID	Collateral ID is displayed in the Collateral ID details, by default.
External Reference ID	Enter External Reference ID.
Collateral Type	Select Collateral Type from the drop-down list. The options available are: Account Receivables Accounts Contracts Agreements Undertaking Aircraft Bill of Exchange Bond Cash Collaterals Commercial Paper Commodity Corporate Deposits Crop Deposits Fund Guarantee INTANGIBLE ASSETS Insurance Inventory Livestock Machine Miscellaneous PDC Perishable PreciousMetals Promissory Note Property Ship Stock Vehicle
Collateral Category	Select Collateral Category from the drop-down list. Collateral categories are listed based on the selected Collateral Type. Note: The below options are displayed only for Collateral Type selected as Vehicle. Goods Vehicle Passenger Vehicle Userdefined Vehicle
Collateral Currency	Click Search icon in Collateral Currency field and select the currency for collateral value.
Collateral Value	Specify Collateral Value in the collateral value field.
Held Collateral Value	Specify Held Collateral Value in corresponding fields.
Charge Type	Select Charge Type based on selected Collateral Type. The options available are: Assignment Equitable Mortgage Hypothecation Lien Mortgage Negative lien Pledge Registered Mortgage Setoff
Seniority of Charge	Select the bank’s Seniority of Charge on the collateral. The options available are: Exclusive First First Pari passu charge Second Second Pari passu charge Subservient Charge Third
Collateral Status	Collateral Status is displayed as Active by default.
Collateral Start Date	Click Select Date in Calendar icon and specify the Collateral Start Date and End Date.
LGD Type	Select LGD Type from the drop-down list. The options available are: Cash & Cash Equivalent - Cash Margin Cash & Cash Equivalent - FD Lien Cash & Cash Equivalent - Mashreq Investment Certificate (MIC) Cash & Cash Equivalent - Mashreq Investment Series (MIS) Contracting Receivables - PPCs Corporate Guarantee - International/GCC /Local Corporate Durables/Non-Durables Financial Guarantee - Banks/Financial Institution Gold Main index equities (including convertible bonds) Mortgage Equipment - Industrial Items /Consumer Durables/Non-DurablesNon-Durables Mortgage Real Estate - Commercial/Residential/Industrial Unit/Property None (No Collateral) Other equities (including convertible bonds) listed on a recognised exchange Others issuers Bonds Pledged Rental Receivables - Residential/Commercial Pledged Stocks - Goods (durable / non-durable) Shares Sovereign Bonds Trade Receivables - LBD UCITS/Mutual funds
Collateral Classification	Select Collateral Classification from the drop-down list. The options available are: Liquid Secured Unsecured
LTV %	Enter LTV %.
Tangible	Enable Tangible, if required.
Document Status	Select Document Status from the drop-down list. The options available are: Not Submitted Released Submitted
Charge Registration Required	Enable Charge Registration Required, if required.
Revaluation Details	Select Revaluation Details from Revaluation Type drop-down list. The option available in Revaluation Type are: Automatic- If you select Automatic below options are displayed. Enter or select the appropriate details for each field. Revaluation Method Revaluation Frequency Revaluation Start Month Revaluation Day Useful Life Manual
Collateral Description	Specify a brief description about the collateral in Collateral Description field.
Remarks	Enter Remarks, if any.

1. Click Next. The Collateral Details screen is displayed.