2.11.1 Pricing Change Approval

This topic provides the systematic instructions to view and approve the pricing change.

Pricing Change Approval is the first data segment of Supervisor Application Approval 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 – Account Parameter Setup stage.

   The Pricing Change Approval screen displays.

   Figure 2-59 Pricing Change Approval

   
   

   
   Description of "Figure 2-59 Pricing Change Approval"

   
   
2. Specify the fields on Pricing Change Approval screen.
   For more information on fields, refer to the field description table.

   Table 2-48 Pricing Change Approval – Field Description

   Field	Description
   Applicant Name	Displays the applicant name.
   Account Type	Displays the account type.
   Account Branch	Displays the account branch name.
   Product Code	Displays the product code selected for this saving account.
   Product Name	Displays the product name selected or this saving account.
   Approved Amount	Displays the final approved overdraft amount.
   OD Tenure	Displays the final OD tenure for the approved amount.
   Existing Values	Displays the existing values.
   Rate Type	Displays the rate type.
   Base Rate	Displays the rate of interest for the approved overdraft amount.
   Margin	Displays the margin.
   Effective Rate	Displays the effective rate.
   Handling Charges	Displays the handling charges.
   Revised Values	Displays the revised values against the existing values.
   Rate Type	Displays the rate type.
   Base Rate	Displays the rate of interest for the approved overdraft amount.
   Margin	Displays the margin.
   Effective Rate	Displays the effective rate.
   Handling Charges	Displays the handling charges.
   User Recommendation	Select the user recommendation. Available options are: Approved Rejected
   User Action	Displays the user action based on user recommendation.

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.