2.9.1 Manual Decision

This topic provides the systematic instructions to review and approve the application manually in Manual Credit Decision stage.

Manual Decision is the first data segment of Manual Credit Decision stage. The user can acquire the application from Free Tasks list.

1. Click Acquire and Edit in the Free Tasks screen of the previous stage – Manual Credit Assessment stage.

   The Manual Decision screen displays.

   Figure 2-56 Manual Decision

   
   

   
   Description of "Figure 2-56 Manual Decision "

   
   
2. Specify the fields on Manual Decision screen.
   For more information on fields, refer to the field description table. Refer to Assessment Details screen for the detailed explanation of Validation Model, Borrowing Capacity, Qualitative Score, Quantitative Score, Decision & Grade and Pricing tabs.

   Table 2-45 Manual Decision – Field Description

   Field	Description
   Requested Amount	Displays the requested overdraft amount.
   Tenure	Displays the overdraft tenure.
   Base Rate	Displays the base rate. This field appears only for Floating rate type.
   Margin	Displays the margin. This field appears only for Floating rate type.
   Total Weightage Score	Displays the total weightage score.
   Approved Amount	Displays the approved overdraft amount. This field appears blank by default. If the approver selects the recommendation as Approve, then the recommended amount gets defaulted as approved amount.
   Proposed Margin	Displays the proposed margin. This field appears only for Floating rate type.
   Effective Rate	Displays the effective rate of interest.
   Recommended Amount	Displays the recommended overdraft amount.
   Final Tenure	Displays the final overdraft tenure.
   Manual Recommendation	Displays the manual recommendation.
   Comments	Displays the comments.
   System Recommendation	Displays the system recommendations.
   Recommendation	Select the recommendation. Available options are Approve Decline If the approver selects the recommendation as Approve, then the recommended amount gets defaulted as approved amount.
   Action	Displays the user action based on user recommendation.
   Comments	Specify the comment on the user action.

3. Click Next to navigate to the next data segment, after successfully capturing the data. The system will validate all mandatory data segments and data fields. If mandatory details are not provided, the system displays an error message for the user to take action. User will not be able to proceed to the next data segment, without capturing the mandatory data.