1.7 Corporate loans

Table 1-12 Enhancements in Corporate loans

Enhancements Description
Trade Loan drawdown request Existing screen has been enhanced to allow user to request for a pre shipment loan. While requesting this loan, user need to provide the details of the underlying instrument i.e either the Letter of credit or the Purchase order details.
Application Tracker for Trade Loan draw down request Transactions initiated for Trade Loan Drawdown will be available in the Application Tracker, enabling corporate users to monitor their current status.

If the bank requires additional information or clarification, it may raise a query against the transaction. Such queries will appear under the Pending Clarification tab in the Application Tracker. Corporate users can respond by providing comments, clarifications, and any requested supporting documents.

Corproate Loan Details Requested trade loan against the Letter of credit or purchase order is visible to the user to in corporate loan detail screen in section ‘Linked Underlying Details’.

The change is now incorporated for all the transaction screens.