1.3 In-Principle Approval

This topic describes the information about the request and approval of In-Principle Approval.

In-Principle Approval enables the bank user to check the eligibility of the loan by assessing the financial status and personal details of the applicant.

This topic contains the following subtopics:

• New Request
  This topic provides the systematic instructions to raise the new IPA request.
• IPA Initiation
  This topic describes the information to initiate the application for the In-Principle Approval by capturing the required details.
• IPA Approval
  This topic describes the information to assess and approve the IPA application.
• Enquiry
  This topic provides the systematic instructions to enquire the loan products with IPA through the various search criteria and convert IPA to normal loan.