9 Proposal Approval

This topic provides systematic instructions about proposal approval.

In this stage, the higher officials such as the head of credit department in the bank can review and approve the proposal, if the proposal meets the approval criteria set by the bank.

Refer Proposal Structuring Chapter for field level explanation on all the data segments in this stage.

1. To approve the facility, select the Outcome of this stage as Approve.
2. To reject the facility, select the Outcome of this stage as Reject.

   On approval of the proposal, the proposal is sent to the Draft Generation stage.