5.3 Alter Utilization

This topic provides the information on Alter Utilization.

Alter Utilization is used to modify the entire utilization transaction details. As part of Alter Utilization the external system should give the entire latest utilization details. internally reverses previous transaction and upload alter utilization as the new utilization.

Assume that loan has been created in the external system. As a part of loan creation, new utilization has been uploaded in . When loan parameters like product code, tenor of loan, customer, and soon has to be changed then the loan transaction is modified and subsequently Alter Utilization needs to be passed to the system.

Increase/decrease utilization would modify only the utilization amount.