5.2 Collateral Ownership

This topic provides systematic instructions about the procedure to add collateral ownership details in Data Enrichment stage.

In the Collateral Ownership data segment, the system defaults primary customer's collateral ownership details captured as part of application creation. In case the Ownership Type is selected as Joint, the system defaults the ownership percentage of primary customer as zero and displays the add icon. You must change the primary customer's ownership percentage and add all the ownership details by clicking the add icon.

Click Next in the Basic Info data segment, the Collateral Ownership screen is displayed.

Figure 5-3 Data Enrichment - Collateral Ownership

1. To view the primary customer's collateral ownership details, click the action icon and select View.
2. To add other customer's ownership detail, click the add icon.
   For detailed information on adding ownership details, refer Collateral Ownership topic in the Collateral Evaluation User Guide.
3. After adding the ownership details, click Next.

• Vehicle
  This topic provides systematic instructions about the Vehicle data segment in Enrichment stage.
• Ship
  This topic provides the systematic instructions about the procedure to add collateral specific details for perfection.