3.1 Create Application

This topic provides sytematic instructions about the Creating Application data segment in Simplified Credit Proposal Evaluation stage.

1. Select the Application Priority based on the customer requirement. The options available are:
   • Low
   • Medium
   • High.
2. Click search icon in the Application Branch field.
   The Select Branch window is displayed.

   Figure 3-2 Select Branch

   
   Description of "Figure 3-2 Select Branch"

   For information on fields in the Select Branch screen, refer the below table.

   Table 3-1 Select Branch

   Fields	Description
   Fetch	Click Fetch. Branch details appear.
   Branch Code	Click the required Branch Code to add it to the Application Branch field.

   Linked Application Number

   The system lists all the completed and WIP Group Concentration Limit applications in this field. However, the WIP Group Concentration Limit application must be approved before the credit proposal application moves to the Approval stage.

   The rejection of WIP Group Concentration Limit application selected for credit proposal will result in the rejection of credit proposal application.

3. Search and select the Group Concentration Limit application.

   Note:

   If the Linked Application Number is selected, the system will fetch liability details from the Group Concentration Limit Application and the user cannot modify the same.
4. Select the Customer type. The options available are New and Existing.
   Upon selecting the Existing option, Customer ID field is displayed.
5. Click search icon in the Customer ID field.
   The Select Customer window is displayed.

   Figure 3-3 Select Customer

   
   

   
   Description of "Figure 3-3 Select Customer"

   
   

   For information on fields in the Select Customer screen, refer the below tables.

   Table 3-2 Select Customer

   Fields	Description
   Fetch	Click Fetch. Customer details appear.
   Customer ID	Click the Customer Id. Selected ID is added to the Customer ID field.

   Organization details

   For information on fields in the Organization details screen, refer the below tables.

   Table 3-3 Organization details

   Fields	Description
   Organization Name	Type the Organization Type.
   Organization Type	Select the Organization Type from the drop down list. The options available are Single and Conglomerate.
   Entity Type	Select the 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 and Others.
   Demography Type	Select the Demography Type from the drop down list. The options available are Domestic and Global.

   Upon selecting Global option, Geographical Spread field is displayed.

   Table 3-4 Organization details

   Fields	Description
   Geographical Spread	Search and select all the countries in which the organization is operating as Geographical Spread.
   Country of incorporation	Select the Country of incorporation.
   Incorporation date	Click the calendar icon and select the Incorporation date.
   Country of risk	Select the Country of risk for organization from the drop down list.

6. Type the following addresses in respective fields:
   • Website Address
   • Facebook Address
   • Twitter Address

Customer Sector

7. To capture industry details of the organization, click +Add sector.
   The Add Industry window is displayed.

   Figure 3-4 Add Industry

   
   

   
   Description of "Figure 3-4 Add Industry"

   
   

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

   Table 3-5 Add Industry

   Fields	Description
   Industry Groups	Select a sector of the organization. Available Industry Groups appear.
   Industry Group	Select the Industry Group of the organization. Available Industries appear.
   Sub-Industries	Select the Industry of the organization. Available Sub-Industries appear.

8. Select the sub-industry of the organization.The Industry details are added and displayed as shown below:

   Figure 3-5 Customer Sector

   
   

   
   Description of "Figure 3-5 Customer Sector"

   
   
9. To delete the added industry, click the delete icon.

   Note:

   If the organization is into different sectors, the user has to capture all the sector details while initiating credit proposal. To add another sector information, click +Add sector again.

   The industry added first will be considered as the default industry.
10. To capture rating information of the organization, click +Add ratings.
    The Add Rating window is displayed.

    Figure 3-6 Add Rating

    
    

    
    Description of "Figure 3-6 Add Rating"

    
    
11. Select the following details:
    • Rating Date
    • Outlook
    • Risk Ratings
    • Rated By

    The Year Of Rating is automatically populated based on the selected Rating Date.

    Upon selection of the above details, the rating is added and displayed as shown below:

    Figure 3-7 Customer Rating

    
    

    
    Description of "Figure 3-7 Customer Rating"

    
    
12. To modify the added rating, click the edit icon and change the required details.
13. To delete the added rating, click the delete icon.

    Note:

    If the organization 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.
14. Enable the Special customer switch, if the customer is a special customer for your bank.

RM Id is automatically populated based on the login details.

15. To modify the RM Id, search and select the required user.
16. To submit the application for enrichment, click Submit. A unique application number is assigned to the application for easy identification.

    Note:

    During customer (child party) creation, Create button appears instead of Submit, Submit and Enrich, and Cancel buttons. Click Create to add customer for the organization.