2.6.1 Manual Assessment

This topic provides the systematic instructions to modify the account details and recommend for the approval / reject the loan application.

Manual Assessment is the data segment which enables the bank user to modify the loan details and recommend for the approval / reject the loan application. The user can acquire the application from Free Tasks list and assess all the View Only data segments.

To capture manual assessment:

1. On acquiring the Manual Credit Assessment task from the Free Task, the Manual Assessment appears.

   Figure 2-48 Manual Credit Assessment

   
   

   
   Description of "Figure 2-48 Manual Credit Assessment"

   
   
2. Specify the fields on Manual Assessment screen.
   For more information on fields, refer to the field description table. Refer to Assessment Details screen for the detailed explanation of Validation Model, Borrowing Capacity, Qualitative Score, Quantitative Score, Decision & Grade, and Pricing tabs.

   Table 2-38 Manual Assessment – Field Description

   Field	Description
   Requested Amount	Displays the requested overdraft amount.
   Tenure	Displays the overdraft tenure.
   Base Rate	Displays the interest rate without including margin/variance.
   Rate of Interest	Displays the rate of interest. Click to view the rate type.
   Margin	Displays the customer margin in percentage. This field displays if the Rate Type is selected as Floating.
   Variance	Displays the variance in percentage. This field displays if the Rate Type is selected as Fixed.
   Total Weightage Score	Displays the total weightage score.
   Approved Amount	Displays the approved overdraft amount. This field will be blank for Manual Assessment.
   Proposed Margin (In %)	Displays the margin proposed by Decision service in percentage. This field displays if the Rate Type is selected as Floating.
   Proposed Variance	Displays the variance proposed by Decision service in percentage. This field displays if the Rate Type is selected as Fixed.
   Effective Rate	Displays the effective rate of interest.
   Recommended Amount	Specify the recommended overdraft amount.
   Final Tenure	Specify the final overdraft tenure.
   Recommendation	Select the recommendations. Available options are: Recommended for Approval Reject
   Comments	Specify the comment for the recommendation.
   System Recommendation	Displays the system recommendations.
   Grade	Displays the grade of the applicant.

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