1. Operations User Guide
  2. Oracle Banking Origination
  3. In-Principle Approval
  4. New Request

1.3.1 New Request

This topic provides the systematic instructions to raise the new IPA request.

The New Request screen displays the loan product types for which the IPA is supported. The supported loan product types are as follows:
  • Home Loan
  • Vehicle Loan
Specify User ID and Password, and login to Home screen.
  1. On Home screen, click Retail Banking. Under Retail Banking, click Operations.
  2. Under Operations, click In-Principle Approval. Under In-Principle Approval, click New Request.
    The New Request screen displays.

    Figure 1-39 New Request


    Description of Figure 1-39 follows
    Description of "Figure 1-39 New Request"

  3. Select the product type.
    If Loan Type is selected as Home Loan, the Home Loan screen displays.

    Figure 1-40 Home Loan

    Figure 1-41 Home Loan


    Description of Figure 1-41 follows
    Description of "Figure 1-41 Home Loan"

  4. Select the specific business product.
    The Home Loan with IPA Product Details screen displays.

    Figure 1-42 Home Loans with IPA Product Details


    Description of Figure 1-42 follows
    Description of "Figure 1-42 Home Loans with IPA Product Details"

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

    Table 1-18 Home Loans with IPA Product Details – Field Description

    Field Description
    Product Image Displays the product image.
    Business Product Name Displays the business product name.
    Product Description Displays a short description of the business product.
    Features Displays the various features updated for the business product.

    The system can display multiple statements for a feature name.
    Eligibility Criteria Displays the various eligibility criteria updated for the business product.

    The system can display multiple statements for eligibility name.
    Fees and Charges Displays the various Fees & Charges updated for the business product.

    The system can display multiple statements for fee and charges name.
    Apply Now It allows to initiate the origination process for the selected product with IPA.
    Brochure It allows to view or download the product brochure.
    Terms & Conditions It allows to view or download the Terms & Condition document for the business product.
  5. Click Apply Now to initiate the IPA application for the selected product with IPA.

Parent topic: In-Principle Approval