2.1.4 Insta Retail Onboarding - Employment Details

Employment data segment captures employment details of a retail party. A retail party can be employed as a salaried or a self-employed profession. Employment details are necessary for a bank to determine the professional stability of the party.

Note:

The fields marked as Required are mandatory.
The following data segments are available in the employment details section.

Table 2-5 Data Segment - Description

Sl.No Data Segment Name Mandatory / Optional / Conditional Description
1 Salaried Optional A salaried employee is a person who works for an organization and receives a fixed and regular compensation for the services provided to the organization.
2 Self-Employed/Professional Optional A self-employed person does not work for a specific organization and works for oneself as a freelance or the owner of a business rather than for an employer.
  1. On the Insta Retail Onboarding screen, click and expand Employment Details segment.
  2. On the Employment Details segment, click Edit on the Salaried widget.
  3. Click on the Add iconicon to add a salaried employment.
    The Salaried screen is displayed.
  4. On the Salaried screen, specify the details. For more information on the fields, refer to the Table 1-27 table.
  5. On the Employment Details segment, click Edit on the Self Employed widget.
  6. Click icon to add a employed employment.
    The Employment screen is displayed.
  7. On the Employment screen, specify the details. For more information on the fields, refer to the Table 1-28 table.