2.2 Application Entry Stage

This topic describes the systematic instructions to initiate the loan application entry stage.

Based on the access configuration, user can view the records in Free Task. In this stage user can capture the details that are required to open a current account. This stage is automatically submitted on below conditions:

• If the bank level configuration for allowing the full application submission is set as Yes.
• If the user captures the required details in all the data segments of the Application Entry stage as part of the Application Initiation stage on clicking the Application button in the Product Details data segment.

To open retail loan application entry task:

1. Scan the records that appears in the Free Task list.
2. Click Acquire and Edit or Acquire from the Action column of the appropriate record. The Application Entry stage is displayed.

The data segments appears as configured in business process. Refer below chapters for detailed information of each data segment.

• Customer Information
  In this data segment you can view and edit the customer information which is captured while initiating an loan account application.
• Relationship
  This topics describes the relationship details of parties that are involved in loan account opening application.
• Customer Consent and Preference
  This topic describes the consent and preferences of customers that are captured in account opening process.
• Loan Details
  This topic describes the systematic instructions to configure the loan product.
• Admission Details
  This topic describes systematic instructions to configure admission details.
• Stake Holder Details
  This topic provides the systematic instructions to capture the stake holder details related information for the application.
• Mandate Details
  This topic provides the systematic instructions to capture the mandate details related information for the application.
• Financial Details
  This topic provides the systematic instructions to capture the financial details of a single customer or multiple customers in case of joint applicants.
• Collateral Details
  This topic provides the systematic instructions to capture the collateral which is offered by the customer as security for Overdraft limit.
• Terms and Conditions
  (Required) This topic descriptions the terms and conditions that are mandatory to accept for to proceed with account opening process.
• Summary
  This topic provides instruction to view the tiles for all the data segments in the Loan Application Entry Process.