1.2 Application Initiation

This topic describes the information about the various data segments to initiate the application.

The Application Initiation is the first step in the origination process. The process allows swift origination of single product or multiple Products with minimum and apt data capture.

The system automatically triggers the Initiate Application process and generates the application reference number. The three-panel screen displays the application numbers in the header, while the data sections for this stage are available on the left-hand side widget. The user can view or capture the details for the specific data segment in the central panel.

1. Specify User ID and Password, and login to Home screen
2. Click Apply Now from Product Details screen or click Proceed from Cart screen.

The Application Initiation process has only one stage called Initiation and has the following reference data segments:

• Customer Information
  This topic provides the systematic instructions to capture the customer-related information for the application.
• Customer Consent and Preference
  This topic describes the consent and preferences of customers that are captured in account opening process.
• Relationship
  This topics describes the relationship details of parties that are involved in loan account opening application.
• Product Details
  This topic provides the systematic instructions to capture the product or products related information for the application.
• Summary
  This topic provides the systematic instruction to view the tiles for all the data segments in the Application Initiation Process.