2.12.2.1 Vehicle Details - Userdefined

Note:

The fields, which are marked with an asterisk, are mandatory.

1. On Vehicles screen, under Collateral Category field, select the category as USERDEFINED VEHICLE and click the Vehicle Details tab.
   The Vehicle Details screen is displayed.

   Figure 2-54 Vehicle Details

   
   

   
   Description of "Figure 2-54 Vehicle Details"

   
   

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

   Table 2-57 Vehicle Details - Field Description

   Field	Description
   Vehicle Identification Number	Specify the unique vehicle number across multiple child records in the collateral.
   Invoice Value	Specify the invoice value of the vehicle.
   Vehicle Type	Select the type of vehicle from the drop-down list. The available options are: Four Wheeler Heavy Commercial Vehicles Light Commercial Vehicles Two Wheeler Three Wheele
   New/Used	Specify if the vehicle is a new vehicle or a pre-owned vehicle. For new vehicle type, invoice value is mandatory and the same is considered as collateral value. For used vehicle type, valuation amount is mandatory and the same is considered as collateral value. Valuation date is mandatory for used vehicles.
   Make	Specify the make of the vehicle.
   Model	Specify the model of the vehicle.
   Year Of Manufacture	Specify the year of manufacturing of the vehicle.
   Regn.No	Specify the vehicle registration number.
   Registration Date	Specify the enter date of registration of the vehicle. Registration date cannot be future dated.
   Chassis No	Specify the chasis number of the vehicle.
   Engine Type	Select the engine tpye from the drop-down list. The available options are: Diesel Petrol Electric Hybrid PHEV
   Engine No.	Specify the engine number of the vehicle.
   Description	Specify a brief description about the vehicle.
   Owner	Specify the ownership details of the vehicle.
   Registration Authority	Specify the registration authority details with whom the vehicle is registered.
   KM/Miles	Select the unit indicator. The available options are: Kms Miles
   Distance Travelled	Specify the distance travelled by the Vehicle till today in selected unit.
   Trim	Specify the variant of the vehicle. Variant can be alphanumeric with maximum length of 30 characters.
   Leased	Select Yes if the vehicle is leased. Otherwise select No.
   Has Accidental History	Select Yes if the vehicle has accidental history. Otherwise select No.
   Date of Agreement	Specify the date on which the bank and the customer signed the collateral agreement.

   Table 2-58 Currency details - Field Description

   Field	Description
   Currency	If the collateral being is enabled for manual revaluation, then click the icon and select the currency from the option list. However, in case collateral being is enabled for external revaluation, currency gets populated based on the security code selected.
   Amount In Collateral Currency	Wherever vehicle value currency is different from collateral currency, vehicle value in the collateral is converted to collateral currency as per rate configured and collateral value is updated.

   Table 2-59 Vehicle Details - Field Description

   Field	Description
   Invoice Value	Specify the invoice value of the vehicle.
   Valuation Amount	Specify the valuation amount from the customer submitted valuation report. This is applicable for used cars only.
   Resale Value	Specify the resale value of the vehicle.
   Valuation Date	Specify the valuation date from the customer submitted valuation report. This is applicable for used cars only. Valuation date cannot be future dated.
   Remarks	Specify the remarks for the valuation, if any.
   Revaluation Base Value	When the revaluation type of the collateral is modified from auto to manual and vice-versa, last updated value based on revaluation is considered as collateral value which is updated as revaluation base value.
   Current value	Based on unit value and number of units, current value is calculated and displayed. Note: For Manual modification of Collateral value, current value needs to be updated. No update is required for Invoice Value/Valuation amount.
   Insurance Details	Click this button to add vehicle specific insurance details. For more inforamtion on insurance details, refer unresolvable-reference.html#GUID-83C05BC0-0D1F-498E-9A52-BE959CDE5D53.
   Valuation Details	Click this button to add vehicle valuation details. For more information on valuation details, refer unresolvable-reference.html#GUID-FB2AC47B-DF5E-4EED-87E2-DF3F37B9FEFD.

   Table 2-60 External pricing details - Field Description

   Field	Description
   Security code	When the collateral is enabled for external revaluation, click the icon and select the security code from the adjoining list.
   Security description	Displays the description of the security code selected.
   Price code	click the icon and select can select one or more price codes configured for this security code.
   Unit value	Unit value is defaulted for the price code selected.
   Number of units	Specify the number of units of security being considered for collateral creation.
   Current value	Based on unit value and number of units, current value is calculated and displayed.

2. Click Save to save the record.
3. Click Dedupe Check to identify whether the collateral to be created is duplicate or not. The system validates the existing collateral records using the parameters configured in Collateral Dedupe Maintenance screen.
   The Dedupe Check screen displays.

   Note:

   Dedupe check must be individually performed for all the child collaterals.

   Figure 2-55 Collateral Dedupe Check

   
   

   
   Description of "Figure 2-55 Collateral Dedupe Check"

   
   
4. Click Launch Screen to verify records and take necessary action.
5. Click Ignore Dedupe & Proceed to ignore the dedupe check result and continue with collateral creation.