13.1 Create Collateral Category

This topic provides systematic instructions about Create Collat Category by updating various details.

1. On Home screen select Credit Facilities. Under Credit Facilities, select Maintenances.
2. Under Maintenances, select Collateral Category Maintenance. Under Collateral Category Maintenance, select Create Collateral Category.
   The Create Collateral Category screen displays.

   Figure 13-1 Create Collateral Category

   
   

   
   Description of "Figure 13-1 Create Collateral Category"

   
   

   For more information on fields, refer to the field description table below.

   Table 13-1 Create Collateral Category

   Field	Description
   Category Code	Specify the collateral code.
   Category Type	Displays the collateral Type.
   Collateral Exposure Type	Select the collateral exposure type from the drop-down list.
   Revaluation Method	Select the collateral exposure type from the drop-down list. The available options are: Custom External Straight Line Sum of Years Digit Written Down Value
   Rate of Depreciation	Specify the percentage. Rate of depreciation is applicable only when the revaluation method is straight line method or written down value method
   Revaluation Frequency	Select the collateral exposure type from the drop-down list. The available options are: Daily Half-Yearly Monthly Quarterly Weekly Yearly This field is applicable only when Revaluation Type is Automatic.
   Rule Code	Select the rule code.
   Insurance Required	Enable the insurance toggle, if required.
   Field Investigation Required	Enable the field investigation toggle, if required.
   Risk Evaluation Required	Enable the risk evaluation toggle, if required.
   Valuation Required	Enable the valuation toggle, if required.
   Exteranl Check Required	Enable the external check toggle, if required.
   External Pricing Required	Enable the external pricing toggle, if required.
   Covenant Required	Enable the covenant toggle, if required.
   Documents Required	Enable the documents toggle, if required.
   Partial Collateral Release Allowed	Enable the partial collateral release toggle, if required.
   Storage Location Required	Enable the storage alocation required toggle, if required.
   Charge Registration Due Days	Specify the charge registartion due days.
   Dynamic Allocation Rule Code	Select the dynamic allocation rule code.
   Documents Type	Select the document type.
   Document Type Description	Specify the description of document type.
   Document Category Code	Select the document category code.
   Document Category Code Description	Specify the description of document category code.
   Is Mandatory	Enable the toggle, if required.
   Action	Click Edit, to edit the document details. Click Delete, to delete the document details.

3. Click Save to save the specified fields.