2.12.1 Post Offer Amendment

This topic provides the systematic instructions to request for amendment of loan components after the Offer is Issued by the bank.

Post Offer Amendment data segment is the first data segment of Post Offer Amendment stage. The user can acquire the application from Free Tasks list.

Only if Customer Response is selected as Amend in Offer Accept/Reject data segment.

To perform actions on post offer amendment:

1. On acquiring the post offer amendment stage, the Post Offer Amendment screen appears.

   Figure 2-62 Post Offer Amendment

   
   

   
   Description of "Figure 2-62 Post Offer Amendment"

   
   
2. Specify the fields on Post Offer Amendment screen.
   For more information on fields, refer to the field description table.

   Table 2-50 Post Offer Amendment – Field Description

   Field	Description
   Applicant Name	Displays the applicant name.
   Offer Issue Date	Displays the date of offer issued.
   Offer Expiry Date	Displays the date based on the expiry period configuration done at the Business Product level which is used for this Overdraft.
   Offer Amend Date	Displays the date of offer amend.
   Approved Loan Amount	Specify the amended approved loan amount.
   Loan Tenure	Specify the amended loan tenure.
   Installment Type	Displays the installment type.
   Rate of Interest	Displays the rate of interest.
   Margin	Specify the amended Margin. This field appears only for Floating rate type.
   Variance	Specify the amended Variance. This field appears only for Fixed rate type.
   Effective Rate	Displays the amended effective rate. Effective Rate = Rate of Interest + Margin/Variance.

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.