1.3.3.1 Assessment Summary

This topic provides the systematic instructions to view the assessment summary of the IPA application.

Assessment Summary is the first data segment of IPA Approval stage. The user can acquire the application from FREE TASK.

1. Click Acquire and Edit in the Free Tasks screen for the application for which Account Approval stage has to be acted upon.

   The Assessment Summary screen displays.

   Figure 1-68 Assessment Summary

   
   

   
   Description of "Figure 1-68 Assessment Summary"

   
   
2. Specify the fields on Assessment Summary screen.

   Note:

   The fields, which mentioned as Required, are mandatory.

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

   Table 1-35 Assessment Summary – Field Description

   Field	Description
   Requested Amount	Displays the requested loan amount.
   Tenure	Displays the loan tenure.
   Rate of Interest	Displays the IPA rate of interest.
   Margin	Displays the approved margin. Note: This field displays if the Rate Type is selected as Floating.
   Variance	Displays the approved variance. Note: This field displays if the Rate Type is selected as Fixed.
   Total Weightage Score	Displays the total weightage score.
   Approved Amount	Displays the approved loan amount.
   Proposed Margin	Displays the proposed margin from Decision Service. Note: This field displays if the Rate Type is selected as Floating.
   Proposed Variance	Displays the proposed variance from Decision Service. Note: This field displays if the Rate Type is selected as Fixed.
   Effective Rate	Displays the effective rate of interest.
   Grade	Displays the grade of the applicant.
   System Recommendation	Displays the system recommendations.
   Grade	Displays the grade of the applicant.
   Manual Decision	Displays the manual decision.

3. Click Next to navigate to the next data segment, after successfully capturing the data. The system will validate for 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.