2.10.2 Offer Issue

This topic provides the systematic instructions to capture the offer issue date and generate the offer letter.

Offer Issue is the next data segment of Offer Issue stage.

To generate the offer issued:

1. Click Next in the previous data segment to proceed with the next data segment, after successfully capturing the data.
   The Offer Issue screen displays.

   Figure 2-56 Offer Issue

   
   

   
   Description of "Figure 2-56 Offer Issue"

   
   

   Offer Issue screen enables the approver to capture the Offer Issue date. The other data elements available in the screen are prepopulated and not editable For more information on fields, refer to the field description table.

   Table 2-46 Offer Issue – Field Description

   Field	Description
   Applicant Name	Displays the applicant name.
   Approved Loan Amount	Displays the approved loan amount.
   Loan Tenure	Displays the loan tenure.
   Rate of Interest	Displays the rate of interest.
   Installment Type	Displays the installment type.
   Installment Frequency	Displays the installment frequency.
   Installment Amount	Displays the instalment amount.
   Principal	Displays the principal amount.
   Interest	Displays the interest amount.
   Charges	Displays the charge amount.
   APR	Displays the annual percentage rate value.
   Offer Issue Date	Select the offer issue date.
   Offer Expiry Date	Displays the date based on the expiry period configuration done at the Business Product level which is used for this Loan Account.
   Generate Offer	Select the checkbox to indicate if offer letter to the borrower with all the terms and conditions which the borrower or applicant may accept or reject is to be sent. Also, the generate offer can be done with repayment schedule or without repayment schedule. The available options are: With Schedule Without Schedule A PDF file will be generated with the offer content. The system generates the repayment schedule, if not generated earlier. Default template for offer issue is used in this reference workflow.

2. 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.