3 Proposal Initiation

In this stage, the RM captures basic details about the party and initiates the credit application process after discussing the credit proposal with a new party.

The RM can perform the following activities in this stage.

Activities that can be performed by user
  • Capture party's basic information
    • Basic demographic details
    • Sector to Sub Industry details
    • Rating details
  • Capture other Bank details
    • Facilities availed
  • Capture connected party details
  • Capture write - up about the party
  • Capture funding sought
  • Capture collateral offered by the party
  • Capture comments
  • Upload party documents

Steps to initiate credit proposal

  1. Login to OBCFPM. Enter your User Name, Password and click Sign In.
  2. Navigate to Credit Facilities > Corporate > CP Initiation > Initiate Credit Proposal.
  3. The Initiate Credit Proposal window is displayed.

    Figure 3-3 Initiate Credit Proposal


    Description of Figure 3-3 follows
    Description of "Figure 3-3 Initiate Credit Proposal"

    Figure 3-4 Initiate Credit Proposal


    Description of Figure 3-4 follows
    Description of "Figure 3-4 Initiate Credit Proposal"

  4. Navigate to Free Task and select the proposal initiation task. The quick initiation task needs to be completed and submitted for it to be in free task. The quick initiation has been explained in detail in Creating Application section.
  5. From Free Task, user can click Acquire or Acquire and Edit.
    • If user click Acquire, it will go to My Task but user will not be taken inside the application.
    • If user click Acquire and Edit, it will go to My Task and also inside the application. User can directly start working on it.