Home

Istisna Creation User Manual

1. Financing Details Branch 000 E Value Date 2012 03 05 amp No ofinstallments 12 Account Number Maturity Date E Frequency 1 Financing Currency GBP H Installment Start Date amp Unit Daily Financing Amount 2 000 00 Status Change Mode Auto Hamish Jiddayah Close Collateral Hamish Jiddayah End Construction Date f Effective Date User Defined Element Values Intermediary 10f1 F 10f1 10 H Effective Date v User Defined Elementid User Defined Eleme fe Intermediary Code Intermediary Ratio e a a Prev Remarks Remarks Audit Specify the following details Pricing ID Based on the formula maintained in Pricing Maintenance screen the system automatically applies a price ID to the application However you can apply a different price ID that matches the application You can select a different price ID from the option list 1 91 ORACLE If you change a price ID selected by the system and reapply a different price ID the system changes the score of the pricing rule The score determines the price ID to be automatically applied Click Apply button to apply the selected price ID to the finance The details rela
2. Country B First Name SSN Nationality Bi Middle Name Passport Number Language 3 Last Name Passport Issue Date Customer Category Salutation Passport Expiry Date Financial Currency H Gender Mobile Number Landline Number Email Fax Date of Birth Mothers Maiden Name Marital Status Married Dependents WELGI Date Time Mod No Checker Record Status Date Time Authorization Status You can specify the following details in this screen Lead Id Specify a unique identification for the prospective finance customer Description Specify a suitable description for the prospective finance customer Reason Specify the reason for the finance enquiry 1 2 ORACLE 1 3 1 Date of Enquiry Specify the date when the prospective customer has made the enquiry about the finance You can also select the date by clicking the adjoining Calendar icon Customer Tab You can capture the following personal and geographical details related to a prospective customer Type Select the type of the customer from the drop down list provided The following options are available e Primary e Co Applicant Salutation Select the salutation preference of the customer from the drop down list provided You can select any of the following options e Mr e Mrs e Miss e Dr First Name S
3. X Requested Currency Requested Amount Frequency Financing Purpose Interest Rate Unit Daily No of Installments E Financing Against Salary Tenor In Months Hamish Jiddayah Itemization Details 10f1 Serial No Itemization Amount Comments 7 e Documents Customer Dedupe Loan Dedupe Customer MIS Customer Account MIS Customer Account Fields Prev Remarks Remarks Audit You can also capture the following itemization details corresponding to the requested finance 1 53 ORACLE Finance Requested Requested Currency Specify the currency for transaction The adjoining option list displays all valid currencies maintained in the system You can select the appropriate one Requested Amount Specify the amount requested corresponding to the itemization specified Tenor In Months Enter the tenor in months Rate Enter the profit rate for the finance Hamish Jiddayah Specify the amount paid as Hamish Jiddayah Promotion Id Specify a unique 4 character alphanumeric code to identify the promotion in the system No of Installments Specify the requested Number of Finance Installments Schedules Frequency Specify the requested Finance Schedule Frequency Unit Select the requested Finance Schedule Frequency Unit Basis from the adjoining drop down list The system defaults the values of t
4. Customer Dedupe Loan Dedupe Customer MIS Customer Account MIS Customer Account Fields Vehicle Evaluator Bureau Report Loan MIS an Fields Prev Remarks Remarks Audit You can capture the following details Comments Specify comments if any to be associated with the finance application Comment By The system defaults the name of the commenter Comment Date Specify the date on which the comment was given or select the date by clicking the Calendar icon If the underwriting stage is successfully completed the underwriter can proceed with the processing of the application by selecting PROCEED as the Outcome The underwriter can select REJECT to return the process to previous stage for data correction or CANCEL to terminate the process 1 97 ORACLE On successful completion a message stating that the task is successfully completed gets displayed To acquire the next stage you need to go to the Task menu and select Assigned under Standard option All tasks that have been successfully completed are listed in the right side of the screen Select the checkbox against your Workflow Ref No and click Acquire button at the top of the screen to acquire the next stage of the task The following message gets displayed on successful acquisition of the task O Information Message g Information Message ST ACQR 001 Acquire Successful Click
5. Click Ok to proceed to the next stage To select the acquired task for the next stage select Acquired under Standard option in the Task menu All the tasks that have been successfully acquired are displayed in the right side of the screen Search for your workflow reference number and click the Workflow Ref No to open stisna Finance Application Verification screen Step 2 Application Verification Stage The information captured in the previous stage is verified in the Application Verification stage Application verification is carried out by the user role CMROLE You can key in the finance application details required in stisna Application Verification screen 1 65 ORACLE Islamic Istisna Application Verification Save vi Hold Application Category Leadid Application Number Product Code Enquiry ID User Reference Description Application Priority Low X Application Branch 007 Application Status Application Entry Application Date 2012 05 15 B vetaiis Financial Requested Limit Collateral Comments Channel KYC Required External Credit Check Intermediary Group Auto Decision Required Required Applicant Details 101 J E Type Existing Local Branch Customer No Default ShortName Customer Name Nationalld Responsibility Liability RMID RM Name m Country First Name Account Details Nationality Middle Name Account Branch Language
6. Islamic Istisna Underwriting Transaction Branch Code 000 Save ill Hold Application Category ISTISNA12 Leadlid Application Number IslamicistisnaAccount5 E Product Code ISTM Enquiry ID User Reference 000ISTM12065000t Description Istisna Auto DSBR Sim Application Priority Low Application Branch 000 Application Status Underwriting Application Date 2012 03 05 Applicant Details Type Primary 7 Local Branch 000 Customer No 000000103 Customer Name PAVIT address Main Details Financial Requested Limit Collateral Credit Score Bureau Ratio Financing Component Charge Investigation Comments External Credit Rating Recommended NotRecommended v Request ID Status NotRequired v External Agency AGENCY12 p Remarks Score Customer Dedupe Loan Dedupe Customer MIS Customer Account MIS Customer Account Fields Vehicle Evaluator Bureau Report Loan Fields Prev Remarks Remarks Audit In the application entry stage if the external credit required flag is checked the bureau report gets generated in the underwriting stage If the credit bureau is not checked in the application entry stage the underwriter can verify it in the underwriting stage by giving status as Required and Outcome as Verify On giving the outcome as verify the credit bureau verification happens and the application moves to underwriting stage again 1 82 ORACLE The credit agencies and the bureaus maintaine
7. 1 80 ORACLE In this screen you can view the information available for the vehicle based on the information provided by you If the information in this screen matches the details available in the system database for the same vehicle the status is updated to COMPLETED in the collateral tab If it does not match then the status is updated to NO DATA Once the verification is completed you can select the Outcome as PROCEED and move to the next stage For more details on capturing Collateral details refer the chapter titled Maintaining Collateral Details in Enterprise Limits and Collateral Management user manual 1 16 14 Credit Score Tab The credit score tab is used to calculate the credit score details of the customer You can also interface with external Credit engines and display recommendations and report Internal Credit engine obtains information from customer and calculates credit score and displays system recommendation islamic Istisna Underwriting Transaction Branch Code 000 Save M Hold Application Category ISTISNA12 Lead Id Application Number IslamicistisnaAccount5 Product Code ISTM Enquiry ID User Reference 0O0ISTM12065000 Description Istisna Auto DSBR Sim Default Application Priority Low Application Branch 000 Application Status Underwriting Application Date 2012 03 05 Applicant Details Type Primary X Local Branch 000 Customer No 00000010
8. 2012 03 05 Applicant Details Type Primary Local Branch 000 Customer No 000000103 Customer Name PAVIT address Main Details Financial Requested Limit Collateral Credit Score Bureau Ratio Financing Component Charge Investigation Comments Invest 10f1 Verification Type Status Internal p Not Required v Prev Remarks Remarks Audit The following details related to the customer can be captured here e Verification Type e Verification agency You can view the investigation report associated with the customer by clicking the Report button 1 96 ORACLE 1 16 21 Comments Tab In this tab you can capture the comments by the users islamic Istisna Underwriting Transaction Branch Code 000 Save lil Hold Application Category ISTISNA12 Leadid Application Number IslamiclstisnaAccount5 Product Code ISTM Enquiry ID User Reference 0OOISTM12065000 Description Istisna Auto DSBR Sim Application Priority Low Application Branch 000 Application Status Underwriting Application Date 2012 03 05 Main Details Financial Requested Limit Collateral Credit Score Bureau Ratio Financing Component Charge Investigation EARNERS Comments 10f1 Serial No Comments Comment By Comment Date 32474A01 E 2012 05 15
9. Normal Haircut Schedule Revaluate Collateral Revaluation Date E Revision Date amp Charge Type X Utilization Order Commitment Product Vehicle Details 10f1 Effective Date amp Haircut Reversal Date Mandatory Grace Days ie te E a ee em Vehicle ID Vehicle Number Year Make Model Body Usage Valuation Source None Valuation Status NotRequired Notice Days Due DateOn Frequency Monthly a r o m m m m _ m P Customer Dedupe Loan Dedupe Customer MIS Customer Account MIS Customer Account Fields Vehicle Evaluator Bureau Report Loan Fields Prev Remarks Remarks Audit In this screen capture the following details Vehicle Details You can modify the details of the vehicle which is to be evaluated in the fields listed below Identification Number Enter the unique identification number associated with the vehicle Year Specify the year of manufacture for the vehicle Make Specify the make of the vehicle 1 78 ORACLE Model Specify the vehicle model Body Specify the vehicle body details Usage Specify the mileage used by the vehicle till date You can retrieve vehicle details from an external agency either by specifying the identification number for th
10. Select the stage of the finance origination process from the option list provided The various stages can be Application Entry Application Verification Underwriting Finance Approval etc Description Specify a suitable description for the finance origination stage Overrides Here you can capture the details of the conditions to be checked for generating override messages Sequence Number The sequence number is automatically generated by the system Condition The condition specified using the Elements Functions Operators etc gets displayed here Error Code Specify the error code to be used to generate the override message or select the error code from the option list provided Error Parameter Specify the error parameter to be substituted in the override messages Elements Specify the data elements to be used to define the conditions for generating override messages or select the element from the option list provided Functions Select the mathematical function to be used to define the condition from the drop down list provided Braces Select the opening or the closing brace from the drop down list provided to define the conditions for generating override messages 1 21 ORACLE Operators Select the mathematical operator to be used to define the conditions for generating override messages You can select or f Logical Operators Select the logical operator to be used to define t
11. 1 5 4 Specifying Auto Decision Details sienen a a yoke ts cave R a 1 14 1 6 VIEWING CREDIT RULE SUMMARY cccccccecccececececececesecececececscecacecscecacecscecssecsceeassesceuacessseeseceuseesseeneeeneass 1 15 1 7 MAINTAINING CREDIT RATIOS vccvccvsccevcesscentvasdcucvecssvenvechtcueceessveineccstcesvcensvanvecsvesevcess cenvecedessvcess vosvecsscusvoesess 1 16 1 7 1 Specifying Formula Details sivsevcesidescetsovvivesscpeorosnevwansghcueeceteessives savasuvouevadrsepecte dots eusavoesurandecmetvanedenss 1 17 1 8 VIEWING CREDIT RATIO SUMMARY cccccccecccscecececscecesceececscecssceasececeeasesscecsseesseuscseaseuaseusseesseesssenseessseneess 1 19 1 9 MAINTAINING OVERRIDE DETAILS ccccccccccecececesecesesecesceesecssesesesscesssesesecssesssesesssesesssesssessseessseusessseeseess 1 20 1 10 VIEWING OVERRIDE SUMMARY cccccccececsceceeseeceeececeeseseeeseceeceeeeeesceeseseecececececececececececececececeeseeeeceeeeeeesess 1 22 1 11 MAINTAINING DOCUMENT CHECKLIST AND ADVICES ccccccccesecececececececececececececececececeeeeeceeeeeeeeeeeeeeeeess 1 23 LIII Process Flow BPEL Report seerne e coeanes sanawen E ENEE EEEE RENE 1 25 1 12 VIEWING DOCUMENT CHECKLIST SUMMARY ccccceseseceeeceeseecececececeeseseececececesecececececececeeeeeeeeseeeeceeeeeeeeess 1 25 1 13 MAINTAINING APPLICATION CATEGORY DETAILS ccccccccececececececeeseecececececececececececeeeceeeeeeeseeeceeeeeeeeess 1 26 LISA Main TAD oireeni aE cee T E EE E AER
12. Specify the frequency at which the finance disbursement should be carried out Rate Specify the profit rate to be associated with the finance 1 28 ORACLE Rate Code Specify the rate code used to derive the rate or select the rate code from the option list provided Spread Specify the spread that is applicable for the finance being offered Effective Rate The effective profit rate gets displayed here based on the profit and the spread specified Default Check this box to indicate if the finance offer specified should be maintained as the default offer for the application category 1 13 2 Agency Tab In Agency tab you can capture the details of the credit rating agencies and credit bureaus that provide credit rating details for customer securities Application Category Maintenance Detail Save vil Hold Application Category Application Type Retail Category Description Rule Id Ratio Id Pricing Group Credit Agency 10f1 7 Agency Code Agency Name v Bureau Details 10f1 Bureau Code Maker Date Time Mod No Checker Record Status Date Time Authorization Status You can specify the following details in this screen Credit Agency You can capture the details related to the credit rating agencies here 1 29 ORACLE Agency Code Specify the ide
13. the total pool amount utilized at any point in time 1 57 ORACLE 1 16 10 Collaterals Tab You can capture the details related to the collaterals provided by the customer in this tab Islamic Istisna Application Entry Save vil Hold Application Category Product Code Description Application Branch 007 Application Date 2012 05 15 Applicant Details Type Primary kd Lead Id Enquiry ID Local Branch Main Details Financial Requested Limit UIE Comments Collateral Details Collateral Branch Collateral Id Collateral Description Collateral Currency ai Collateral Value Market Value Based Security Id Number Of Units Nominal Value Cap Amount Guarantor Based Guarantor Id Rating Covenant Details 10f1 1 Covenant Name Description Start Date End Date Collateral Category Collateral Type Linked Percent Linked Amount Haircut Haircut Schedule 10f1 Effective Date amp Reversal Date Mandatory Grace Days Notice Days CustomerNo 001 Normal Haircut Due Date On Application Number IslamicistisnaAccount5 User Reference Application Priority Low X Application Status Application Entry Custom
14. Application Category Details You can maintain various application categories linked to multiple finance products that cater to the requirements of different customers in Application Category Maintenance screen The entire process of finance origination depends mainly on the category to which the application belongs 1 26 ORACLE You can invoke Application Category Maintenance screen by typing ORDCATMT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Application Category Maintenance Detail Save lt i Hold Application Category Application Type Retail Category Description Rule Id Ratio Id Pricing Group E voeo Product Details 10f1 v Product Code Product Description Default 7 a3 Offer Id No of Installments Units Frequency Rate Code Default Daily n ELC Date Time Mod No Checker Record Status Date Time Authorization Status You can specify the following details in this screen Application Category Specify a unique identification for the finance application category Category Description Specify a suitable description for the finance application category Rule Id Specify the credit rule to be associated with the application category or select the Rule Id from the option list provided Rat
15. Description Application Priority Low X Application Branch 007 Application Status Application Enty Application Date 2012 05 15 E cetaiis Financial Requested Limit Collateral Credit Score Bureau Ratio Financing Component Charge Investigation Comments Channel KYC Required External Credit Check Intermediary Group Auto Decision Required Required Applicant Details 10f1 ji E Type Existing Local Branch Customer No Default ShortName CustomerName Nationalld Responsibility Liability RMID RM Name n Country FirstName Account Details Nationality Middle Name Account Branch Language Last Name Account Class SSN Salutation Mr Account Number Customer Category Gender Male v Financial Currency Date of Birth Corporate Details Cmup Code Mothers Maiden Name Mobile Number Date z Marital Status Married Landline Number c Capital Email Dapeniiats Net Worth ca Passport Number Business Description Passport Issue Date Country Passport Expiry Date Documents KYC Review Customer Dedupe Loan Dedupe Customer MIS Customer Account MIS Customer Account Fields Vehicle Evaluator Bureau Report Loan MIS Loan Fields Prev Remarks Remarks Audit The verifier can choose to send the application back to the previous stage if the information provided is not adequate or choose to cancel it if the information captured is not satisfactory If the applicant application and document
16. ORDISTAE PROCEED captured as part of this stage CANCEL Application Details Applicant Details Requested Finance Details Limits Information Collateral Details Check List User Defined Fields and Comments Document Capture 2 Application The details captured as part of ORDISTAV PROCEED Verification Application Entry stage is RETURN verified CANCEL 3 Application The details captured as part of ORDISTMV PROCEED Management Application Entry stage is RETURN Verification verified if approval level is more CANCEL than 1 4 Internal Blacklist The Customer details captured ORDISTKI PROCEED Check as part of Application Entry CANCEL stage can be verified for Internal Blacklist check 5 External Blacklist The Customer details captured ORDISTKE PROCEED Check as part of Application Entry CANCEL stage can be verified for External Blacklist check 1 38 ORACLE 6 Underwriting The following details are ORDISTUD VERIFY captured as part of this stage PROCEED Applicant Financial Ratios RETURN Applicant Credit Score ee Applicant Bureau Report Finance Offers Finance Schedules Finance Charges 7 Finance Approval Finance Approval ORDISTAR PROCEED RETURN CANCEL 8 Document Document Verification ORDISTDV PROCEED Verification Final Verification RETURN a ale laa CANCEL Customer Creation Finance Account Creation Advice Generation 9 Customer The system task is used to ORDISMCU PRO
17. Ok to proceed to the next stage To select the acquired task for the next stage select Acquired under Standard option in the Task menu All the tasks that have been successfully acquired are displayed in the right side of the screen Search for your workflow reference number and click the Workflow Ref No to open stisna Application Approval screen Step 7 Finance Approval Stage In the Finance Approval stage the approver verifies the finance application analyzes the applicant s financial status credit rating and field investigation reports and based on the credit worthiness of the customer approves the finance offered to the customer You can key in the finance application details required in stisna Application Approval screen 1 98 ORACLE Users belonging to user role CMROLE are authorized to perform these tasks islamic Istisna Loan Approval save lt i Hold Application Category Lead Id Product Code Enquiry ID Description Application Branch 007 Application Date 2012 05 15 Application Number User Reference Application Priority Low Application Status Application Entry X main Details Financial Requested Limit Collateral Credit Score Bureau Ratio Financing Component Charge Investigation Comments External Credit Check Required Channel Intermediary Group Applicant Details 10f1 E Type Existing LocalBranch CustomerNo Default ShortName CustomerName
18. Review screens and choose the internal KYC status and SDN status respectively based on the review You need to query on the records using all or a combination of the following criteria e Customer Number e First Name e Last Name 1 72 ORACLE e Date Of Birth e Country e Internal e Internal Remarks e External e External Remarks e SDN status e Review Click the Query button to view all records that match the specified criteria If the customer details do not match any of the displayed records select the action CLEARED from the drop down list adjoining the Audit button Click the Save icon in the tool bar to save the record The following screen will be displayed gt Information Message g O The task is completed successfully The Workflow Reference Number is IslamicistisnaAccount5315 Step 5 External Blacklist Check Stage The information against external KYC and SDN checks are verified in external blacklist check stage Only users belonging to the CEROLE Compliance Executive can perform this task If you have requisite rights acquire it from the list by clicking the Acquire button adjoining the desired task The following screen will be displayed 1 73 ORACLE The task will be moved to the Assigned task list Select the checkbox against your Workflow Ref No and click Acquire button Go to the Acquired task list and double click on t
19. can specify the following details here Sequence Number The sequence number is automatically generated by the system Comments Specify comments if any to be associated with the finance application 1 61 ORACLE Comment By The system defaults the name of the commenter Comment Date Specify the date on which the comment was given or select the date by clicking the Calendar icon 1 16 12 Capturing Document Details You can capture the customer related documents in central content management repository through the Documents screen Click Documents button to invoke this screen Documents BM Acvices Checkiist Document Upload 10f1 Z Document Category Document Reference Document Type Remarks Upload z3 eS z Here you need to specify the following details Document Category Specify the category of the document to be uploaded Document Reference The system generates and displays a unique identifier for the document Document Type Specify the type of document that is to be uploaded Upload Click Upload button to open the Document Upload sub screen The Document Upload sub screen is displayed below 1 62 ORACLE Document Upload Document Path Browse In the Document Upload sub screen specify the corresponding document path
20. passport number of the prospective customer Passport Issue Date Specify the date on which the customer s passport was issued or select the date from by clicking the adjoining Calendar icon Passport Expiry Date Specify the date on which the customer s passport expires or select the date from by clicking the adjoining Calendar icon Passport Issue Place Specify the place where the customer s passport was issued E mail Specify the e mail Id of the prospective customer 1 4 ORACLE Dependents Specify the number of dependents for the customer Marital Status Select the marital status of the prospective customer from the drop down list The following options are available e Married e Unmarried e Divorcee e Remarried e Separated e Spouse Expired 1 3 2 Details Tab You can capture the address and employment related details of the prospective customer in Details tab Prospect Details Save fil Hold LeadId Description Applicant Details Type Primary Main BENE Requested Address Details Address Type Permanent Employment Details Employer EmploymentType Full Time Occupation Designation Employee Id Maker Checker Address Details Seq No g g Current Branch Code 002 Date of Enquiry 2012 11 07 Customer Name E Date Time Date Time Address Line 1 Address Line 2 Address L
21. process of stisna finance origination gets initiated when a prospective customer approaches the bank with a finance account opening request or when the bank approaches a prospective customer taking lead from its database In case of a bank initiated request the process moves forward only if the prospective customer is interested The entire process is carried out in multiple stages and on successful completion of each stage it moves automatically to the next stage When the customer approaches the bank for its products and offers before initiating the finance origination process the bank can create a mock proposal which would have the personal details of the customer the finance offers the customer is interested in as well as the schedules associated with the finance offer This can be stored as reference in the system to be retrieved when the actual finance process flow is initiated Stages in Istisna Istisna process flow uses Oracle BPEL framework with multiple human tasks for workflow stages The capture and enrichment of information in multiple steps can be dynamically assigned to different user roles so that multiple users can take part in the transaction Oracle Business rules are used for dynamic creation of multiple approval stages The following details need to be maintained for originating a stisna e Finance Application Capture e Application Verification e Application Management Verification Configurable e Internal Blac
22. system will invoke the external valuation agency for credit evaluation You can view the details in the bureau tab This includes the score assigned by the agency for the customer In this screen you can view the information available for the customer by clicking the Report button under the field Status in the External Credit Rating section If the information is available the status is updated to COMPLETED in the collateral tab If it does not match then the status is updated to NO DATA Once the verification is completed you can select the Outcome as PROCEED and move to the next stage You can click Report button adjacent to credit rating record or credit bureau record to view the report obtained from the credit rating agency or the credit bureau The following reports can be viewed 1 84 ORACLE Summary1 Credit Bureau Report Application Number IslamiclstisnaAccount5 Customer No 000000103 Requested Id 1424 External Agency AGENCY12 Report Header Bureau Credit Report Id First Name Report Date MiddleName Unique Id Last Name On File Date Birth Date C Best Match EGR Summary 2 Trade Lines Public Records Collections Fraud Messages Inquiries Also Known As Consumer Statement Credit Scores Life Recent Open Chapter7 Chapter7 Chapter7 Chapter11 Chapter11 Chapter11 Chapter13 Chapter13 Chapter13 Total Total Total Summary 2 Credit Bureau Report Applica
23. to terminate the process On successful verification a message stating that the task is successfully completed gets displayed To acquire the next stage you need to go to the Task menu and select Assigned under Standard option All tasks that have been successfully completed are listed in the right side of the screen Select the checkbox against your Workflow Ref No and click Acquire button at the top of the screen to acquire the next stage of the task ORACLE 1 68 The following message gets displayed on successful acquisition of the task gt Information Message O ST ACQR 001 Acquire Successful Step 4 Internal Blacklist Check Stage The information against Internal KYC and SDN checks are verified in Internal blacklist check stage Only users belonging to the CEROLE Compliance Executive can perform this task If you have requisite rights acquire it from the list by clicking the Acquire button adjoining the desired task The following screen will be displayed 1 69 ORACLE The task will be moved to the Assigned task list Select the checkbox against your Workflow Ref No and click Acquire button Go to the Acquired task list and double click on the record to invoke the following screen Islamic Istisna Internal KYC Save vil Hold Application Category Product Code Description Leadid Enquiry ID Application Branch 007 Application Date
24. 2012 05 15 EB petals Financial Requested Limit Collateral Comments Channel Intermediary Group Applicant Details 10f1 KYC Required _ Auto Decision Required _ Type Existing Local Branch Customer No Default ShortName CustomerName National ld Application Number User Reference Application Priority Low k Application Status Application Enty C External Credit Check Required Responsibility Liability RMID RM Name Country Nationality Language SSN Customer Category Financial Currency Group Code Mobile Number Landline Number Email Fax FirstName Middle Name LastName Salutation m Gender Male Date of Birth Mothers Maiden Name Marital Status Married Dependents Passport Number Passport Issue Date Passport Expiry Date Account Details Account Branch Account Class Account Number Corporate Details Date Capital Net Worth Business Description Country KYC Review Customer Dedupe Loan Dedupe Customer MIS Customer Account MIS Customer Account Fields Prev Remarks Remarks Audit The system displays all the customers associated with the finance application with internal status displaying whether the customer information is available or not 1 70 ORACLE Click Review button to view all customer information and perform KYC and SDN checks KYC Review Agpaicabon Nu
25. 3 Customer Name PAVIT address Main Details Financial Requested Limit Collateral S Bureau Ratio Financing Component Charge Investigation Comments Internal Credit Rating Ruleld ISCAT 10f1 z Grade Score Category Question MON_EXPENSE WAT IS UR MONTHLY E E Calculate Risk Factor Details 10f1 Risk Factor Description Score Documents KYC Review Customer Dedupe Loan Dedupe Customer MIS Customer Account MIS Customer Account Fields Vehicle Evaluator Bureau Report Loan MIS Loan Fields Prev Remarks Remarks Audit The set of questions used to assess the credit rating of a prospective finance customer associated Rule Id are displayed in this screen You can specify the following details here 1 81 ORACLE System defaults the Category and Question as maintained in the Rule You can select the Answer from the option list Click Calculate button to calculate the credit score and the grade based on the formula maintained for calculating the credit score The Grade and the Score are displayed based on this calculation 1 16 15 Bureau Tab You can interface with external credit bureaus and view report obtained from them in Bureau tab Based on the reports that are obtained from the external bureaus the underwriter determines whether to approve the finance to the customer or not
26. At Rate Type CL E Interest Method Co H Cost Code 1 a3 Pool Code Reference Rate Cost Code 2 az Contract Level Pool Code FT Cost Code 3 z3 Cost Code 4 a3 Cost Code 5 3 Transaction MIS Composite MIS Fund MIS MIS Group MIS Group MIS_GRP1 MIS Group Transaction MIS 1 az Composite MIS1 PAUL az Fund MIS 1 7 Transaction MIS 2 a3 Composite MIS 2 aii Fund MIS 2 a Transaction MIS 3 a3 Composite MIS 3 72 Fund MIs 3 az Transaction MIS 4 73 Composite MIS 4 az Fund MIS 4 az Transaction MIS 5 23 Composite MIS 5 ai Fund MIS 5 BH Transaction MIS 6 z3 Composite MIS 6 73 Fund MIS 6 PE Transaction MIS 7 a3 Composite MIS 7 az Fund MIS 7 a2 s m Gal j hl Cag 2 1 16 15 2 Capturing Loan UDF Details You can capture the Finance UDF details by clicking Finance Fields button in Istisna Finance Underwriting screen The Finance UDF screen gets displayed where you can capture the details Loan Fields Application Number IslamicMusharakaAccou Loan Account OOOMUS1120650225 Product Code MUS1 Loan Account Branch 000 Character Fields TEST1 LCP 1 16 16 Ratios Tab In the Ratios tab the system calculates the stated and actual income debt ratios and also calculates the ratio based on What if payment amount 1 89 ORACLE Islamic Istisna Underwriting Transaction Branch Code 000 Save vil Hold Application Category ISTISNA12 Leadid Application
27. CEED Account create the following Liability Finance I Collateral Customer Creation Creation Murabaha Account Creation Liability Creation Collateral Creation Finance Creation 10 Sale The outcome of the sale ORDITSAC PROCEED Confirmation confirmation of the underlying REJECT assets triggers the Istisnaa CANCEL origination in the next stage 11 User Acceptance The outcome of the User ORDITUAC ACCEPT acceptance on sale confirmation of the underlying assets triggers REJET the Istisnaa origination in the next stage 12 Disbursement of If outcome of stage 11 is N A Istisnaa ACCEPT the disbursement of Istisnaa for the underlying asset happens 1 39 ORACLE 13 Manual If outcome of stage 13 is ORDITPMT PROCEED Liquidation REJECT the manual liquidation CANCEL happens The stages are explained in detail in the sections that follow Step 1 Finance Application Details Entry Stage In this stage the bank receives an application for finance along with the relevant documents and financial statements from a prospective customer If the applicant does not have an account but intends to open one the bank also obtains the account opening form and related documents as part of this activity The details related to the applicant contact information employment information requested finance details collateral details etc are captured during this stage Documents obtained from the applicant are uploaded and advi
28. COTTS DSFSDF 022003725 David Walter Retail Customer Retail Customer Retail Customer Retail Customer Retail Customer Retail Customer Retail Customer Retail Customer Retail Customer Retail Customer Retail Customer KYC Customer Type JB Risk Level Level 1 Level 2 Level 2 Level 1 Level 1 Level 3 Level 2 Level 3 Level 1 Level 1 Level 1 1 75 ORACLE Alias Names summary Name Date of Birth Country Z i Records per page 15 M 4 1 of 1 o Name Date of Birth Country a BHARAT Once reviewed the verifier provides the review status and remarks You can perform a check on the customer record based on the KYC Review and SDN Review screens and choose the external KYC status and SDN status respectively based on the review You need to query on the records using all or a combination of the following criteria e Customer Number e First Name e Last Name e Date Of Birth e Country e internal e Internal Remarks e External e External Remarks e SDN status e Review Click the Query button to view all records that match the specified criteria 1 76 ORACLE If the customer details do not match any of the displayed records select the action CLEARED from the drop down list adjoining the Audit button Click the Save icon in the tool bar to save the record The following screen will be displayed gt Information Message Q Infor
29. Credit Check Required RMID RM Name m Country Nationality Language SSN Customer Category Financial Currency Group Code Mobile Number Landline Number First Name Middle Name Last Name Salutation Mr Gender Date of Birth Mothers Maiden Name Marital Status Male v Married Account Details Account Branch Account Class Account Number Corporate Details Date Capital Dependents Passport Number Passport Issue Date Passport Expiry Date Net Worth Business Description Country Email Fax Documents Customer Dedupe Loan Dedupe Customer MIS Customer Account MIS Customer Account Fields Prev Remarks Remarks Audit The details related to the finance application entry are displayed in this screen which can be verified by the verifier The details cannot be modified in this stage but comments can be added appropriately On completion of this stage the advices that are maintained for the stage are generated The verifier can either send the application back to the previous stage if the information provided is not adequate or can cancel it if the information captured is not satisfactory If the application details are verified successfully the verifier can proceed with the processing of the application by selecting PROCEED as the Outcome The verifier can select REJECT to return the process to previous stage for data correction or CANCEL
30. E E E EE EEA 1 28 T132 Agency Tab eranan E E EE E E R ER RE S E E E E ER NN 1 29 1 14 VIEWING APPLICATION CATEGORY SUMMARY cccccecsceseceeecececeeecececeesesceeeceeecscecececeeeceeeeeeeeseseseseeeseeeeeees 1 30 1 15 MAINTAINING PRICING DETAILS cccccccccceseeeceeecececececseeceeseseseseseecseseseeeeceeececeeeeeceeecseseeeeeeeeeeeeeeeseeeeeecs 1 31 1 16 STAGES IN ISTISNA FINANCE ORIGINATION ccccccececesececececsescseeeecececeeseseeeeceeeceeeceeececeeeceeeeeeeeseseseeeeeeeeeees 1 35 LAOT PROCESS FLOW Di grami isc snwcsssesnietnuds eesesSicentasusaetvesson ded site s4ee6sdesscuiestouoensaroddedsedis ea aia eE EE ENN 1 37 PAO sPEOCESS VICI cssctasconcnese sites tscornccctaaiadsdabeados ANT 1 38 STEP 1 FINANCE APPLICATION DETAILS ENTRY STAGE Q cccccccccccccccccsececcccseceseeecceesesesecesessseeesesessesseseseeeeess 1 40 MPO Mam Tabeio ostte accuse tect e a a E EE Ea a E a E O RENE 1 42 1 164 Capturing Customer MIS sssini ornin iorn aiea aKa E R i R ERE RER ENS 1 48 1 16 5 Capturing Customer Account MIS sessessessesesesseeeessereesesrreresrsrresesresrssereresesreeresresrnserrreseseeeesreeesse 1 48 OO DE a a A EiS 1 49 WTO a aR ETS 1 50 116 8 Reguest ed TAD sorco ir e ENE E ETE EAT N A SEEE TE 1 53 T1609 FBimts Labne meni e N E a e 1 55 1 16 10 Collaterals Ta brarnrenern e e a e E 1 58 1 16 11 Commens Tabene a a a a e e E 1 61 1 16 12 Capturing Document Details ii siscescesseesecssecesosionevenssondesve
31. EE E E E OOE N R 1 96 1 16 21 Comments TAD ea eR E E A A E E 1 97 STEP 7 FINANCE APPROVAL STAGE a scacvcccccscsccscencsensce anv EEE ETE Err S CorK EE ESETE E EEEE SENEESE EES OEGE 1 98 STEP 8 DOCUMENT VERIFICATION STAGE ccccccccecccecececccecececccusceeceeeseesceesseessecsceesceeaseseceeaseeseceuseeseeeneeenss 1 100 117 MESSAGE GENERATION iscscssseve7odsedecovesvevcvaesveecvcessuveTeseuencocesvancy esd uiocusde eSEE EEE EESE NEEE EE SEESE 1 101 STEP 9 FINANCE APPLICATION DETAILS UPLOAD ccccccccccececececececececececececececececacscececasecaeeesseeeseeaeeeaeenas 1 102 STEP 10 SALE CONFIRMATION STAGE sic csdsicssssesseecsadeiassssvsiascnalgvadessvetessiavergaessveveasbe Sevadsvevebassiasateosvevecevcuecee 1 102 STEP 11 USER ACCEPTANCE STAGE oaa a EA E EA A E AEEA ESEA EA EREKE 1 103 STEP 12 DISBURSEMENT OF ISTISNA STAGE ccccccccccccccececececececccecececesecesecececesscesecesecsseseseeessessesesseeeseeeseeseeess 1 103 STEP 13 MANUAL LIQUIDATION STAGE cgicchcdesieisecskccetcdesevsoudenccasedavecsoccedcceaudesseeaceesevseseabeuecuecsasseueensvasessasaes 1 103 SCREEN GLOSSARY ssssssciscisescscunciecscessscusceescesscudstccscesssvendeaccssasemssvedeiesssessSasaveodoasesccessasveceususscseseaetesseenscss 2 105 2 1 FUNCTION TD A E a cc ccicobecccctectccnseceneccedadec oxgendeacceegecdensuveonccs teeta ocgeatvacdedecscensesevaendtadea oxbensvavsceacedonsenconets 2 105 ORACLE 1 1 1 2 1 Istisna Origination Introduction The
32. Isttsna Creation Oracle FLEXCUBE Universal Banking Release 12 0 1 0 0 December 2012 Oracle Part Number E51465 01 ORACLE FINANCIAL SERVICES ORACLE Origination of stisna 1 Table of Contents ISTISNA ORIGINATION ocicssscscssisscesssisscnscessscescesnessssssnososccssasosecscscssscsnsssvssasssesesasscseessosseaeesescscbssoscesssssecesosse 1 1 1 1 INTRODUCTION mosense A eae satel cabs ech oe ease ts aa cdc cae Aba a sdcees tas E 1 1 1 2 STAGES INS TISNA ses cds e e e E E a uses seas E EE OE REE AAE E 1 1 1 3 MAINTAINING FINANCE PROSPECT DETAILS ccccccccccccceccsecesecesecesecesecesecessecseeesecseecesecesseeseesseceseseeseeeeeess 1 2 1 3 1 Cuslomer TaD Ree Re eC E E A a a a a a 1 3 1 3 2 DB YAP AS Wye 17 Rane are POPE E PECL aT Pr DEM er ee POPE PEO EET PROSTHET eT ORM IT EME PER Pe OR Tere eer ee PET a Ree 1 5 1 3 3 Requested LAD siscisesstivies aien a R E I E E E E E RS 1 8 1 4 VIEWING FINANCE PROSPECT SUMMARY cccccccececececesecececeseccsecesscececesscecscessesseeesecesssesesesesessessssesesseseeeeaess 1 9 1 5 MAINTAINING CREDIT RATING RULES cccccccccccececececececesecececesecececesecesecesseececeseceesceseceseceseeeseseseeseeseeasess 1 9 L5 1 Mam Tabe ee Serer Pee mt a ORT ar En eT PPT LO PEO Te PTLD OEir eo ee EP Ere Tr ne are PERT eee Pewee l 11 1 5 2 Risk Facon Tabni E E Pr eRe er E E A ORM PRP erie a arr ere 1 12 1 5 3 Specifying Credit Grad eSisgs nnne a E E R E E E E E A ieee ngeetiee 1 14
33. Last Name Account Class SSN Salutation Mr Account Number Customer Category Gender Male v Financial Currency ee Date of Birth Corporate Details fh nd Mothers Maiden Name Dat ate n pis ua Marital Status Married Capital andline Number lt nial Dependents Net Worth Fax Passport Number Business Description Passport Issue Date Country Passport Expiry Date Documents Customer Dedupe Loan Dedupe Customer MIS Customer Account MIS Customer Account Fields Prev Remarks Remarks Audit The details related to the finance application entry are displayed in this screen which can be verified by the verifier The details cannot be modified in this stage but comments can be added appropriately On completion of this stage the advices that are maintained for the stage are generated The verifier can either send the application back to the previous stage if the information provided is not adequate or can cancel it if the information captured is not satisfactory If the application details are verified successfully the verifier can proceed with the processing of the application by selecting PROCEED as the Outcome The verifier can select REJECT to return the process to previous stage for data correction or CANCEL to terminate the process On successful verification a message stating that the task is successfully completed gets displayed To acquire the next stage you need to go to the Task menu
34. Nationalld Responsibility Liability RMID RM Name KYC Required Cl Auto Decision Required Country First Name Account Details Nationality Middle Name Language Last Name SSN Salutation mr Customer Category Fra Financial Currency Group Code Mobile Number Landline Number Account Branch Account Class Account Number Gender Male hd Date of Birth Mothers Maiden Name Marital Status Married Corporate Details Date Capital Dependents Email Fax Passport Number Passport Issue Date Net Worth Business Description Country Passport Expiry Date Documents KYC Review Customer Dedupe Loan Dedupe Customer MIS Customer Account MIS Customer Account Fields Vehicle Evaluator Bureau Report Loan MIS Loan Fields Prev Remarks Remarks Audit The approver can send the application back to the previous stage if the information provided is not adequate or choose to cancel it if the information captured is not satisfactory If the application details are verified successfully the approver can proceed with the processing of the application by selecting PROCEED as the Outcome The approver can select RETURN to return the process to previous stage for data correction or CANCEL to terminate the process On successful completion a message stating that the task is successfully completed gets displayed To acquire the next stage you need to go to t
35. Number IslamiclstisnaAccount5 Product Code ISTM Enquiry ID User Reference 000ISTM12065000 Description Istisna Auto DSBR Sim C Application Priority Low Application Branch 000 Application Status Underwriting x Application Date 2012 03 05 Applicant Details Type Primay Local Branch 000 Customer No 000000103 Customer Name PAVIT address r Main Details Financial Requested Limit Collateral Credit Score Bureau EI Financing Component Charge Investigation Comments Stated Actual Assets Monthly Income Monthly Income Liabilities Monthly Debt Monthly Debt Net Worth fP What if Payment Amt user Ratios 10f1 im gt im E Ratios Stated Before StatedAfter Actual Before Actual After Documents KYC Review Customer Dedupe Loan Dedupe Customer MIS Customer Account MIS Customer Account Fields Vehicle Evaluator Bureau Report Loan Fields Prev Remarks Remarks Audit The stated income and debt of the customer are displayed here You can capture the following additional details here Actual Monthly Income Specify the actual monthly income of the customer based on documentary proof provided Monthly Debt Specify the actual monthly debt of the customer based on documentary proof provided Click Calculate Ratios button to calculate the asset liability ratios for the customer What if Pmt Amt Specify the EMI amount that the customer is ready to pay C
36. SRULMT Rule Maintenance ORDRATMT Credit Ratio Maintenance ORSRATMT Credit Ratio Summary ORDOVDMT Override Maintenance ORSOVDMT Override Summary ORDDOCMT _ Document Verify Maintenance ORSDOCMT Document Details ORDCATMT _ Application Category Maintenance Detail ORSCATMT Category Details ORDPRCMT Pricing Details ORDISTAE Islamic Istisna Loan Application Entry 2 105 ORACLE ORACLE Istisna Creation December 2012 Version 12 0 1 0 0 Oracle Financial Services Software Limited Oracle Park Off Western Express Highway Goregaon East Mumbai Maharashtra 400 063 India Worldwide Inquiries Phone 91 22 6718 3000 Fax 91 22 6718 3001 www oracle com financialservices Copyright 2007 2012 Oracle and or its affiliates All rights reserved Oracle and Java are registered trademarks of Oracle and or its affiliates Other names may be trademarks of their respective owners U S GOVERNMENT END USERS Oracle programs including any operating system integrated software any programs installed on the hardware and or documentation delivered to U S Government end users are commercial computer software pursuant to the applicable Federal Acquisition Regulation and agency specific supplemental regulations As such use duplication disclosure modification and adaptation of the programs including any operating system integrated software any programs installed on the hardware and or document
37. Type Retail Description Date of Enquiry 2012 11 07 Reason Main Details MEMIESEE Requested Loan Details Requested Currency p Rate Loan Purpose Requested Amount Tenor In Months Maker Date Time Mod No Checker Record Status Date Time Authorization Status You can capture the following details here Currency Specify the finance currency preference of the customer or select the currency from the option list provided Requested Amount Specify the finance amount requested by the prospective customer EMI Amount Specify the preferred EMI amount of the prospective customer Tenor in months Specify the preferred finance tenor in months of the prospective customer Rate Specify the preferred profit rate of the prospective customer 1 8 ORACLE 1 4 1 5 Viewing Finance Prospect Summary You can view a summary of the prospective finance customers or the borrowers in Finance Prospect Details screen You can also query for a particular record based on desired search criteria You can invoke this screen by typing ORSLEADM in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Loan Prospect details Authorization Status v Record Status v Lead Id LH Date of Enquiry Advanced Search Records per page 15 v 1 Of 4 Authorization Status Record Status Lead Id Date
38. alutation Mr v Account Number Customer Category E Gender Male v 1i Financial Currency H Date of Birth Group Code Mothers Maiden Name Mobile Number Marital Status Married i Landline Number ee Capital Email Net Worth as Passport Number Business Description Passport Issue Date Country Passport Expiry Date Corporate Details Date Documents Customer Dedupe Loan Dedupe Customer MIS Customer Account MIS Customer Account Fields Prev Remarks Remarks Audit The Application Number is automatically generated by the system You can capture the following details in the main screen Application Category Specify the finance application category to be used or select the application category from the option list provided Product Code Specify the stisna product to be used for initiating the finance or select the product code from the option list provided Branch Code The system displays the branch code here 1 41 ORACLE Lead ID Specify the lead Id of the finance applicant or select the lead Id from the option list provided Enquiry ID Specify an enquiry Id if you wish to retrieve information on the finance offer selected by the customer You can also select the ID from the adjoining option list The list contains all the Enquiry IDs created for the customer as part of the finance simulation proces
39. and click the Submit button Once the document is uploaded through the upload button the system displays the document reference number View Click View to view the document uploaded In Istisna Lending process Document Upload feature is not available in all the stages Its availability in this process is given below Stage Title Function Doc Upload Available Not View Availabl Id Callform Available e Not Exists Available Application Entry ORDISTAE Available Available Available Application ORDISTAV Available Available Available Verification Application ORDISTMV Available Available Available Management Verification Internal Blacklist ORDISTKI Available Available Available Check External Blacklist ORDISTKE Available Available Available Check Underwriting ORDISTUD Available Available Available Finance Approval ORDISTAR Available Available Available Document ORDISTDV Available Available Available Verification Customer ORDITMCU Available Available Available Account Facility Finance Collateral Creation Sale Confirmation ORDITSAC Not Available 1 63 ORACLE Stage Title Function Doc Upload Available Not View Availabl Id Callform Available e Not Exists Available User Acceptance ORDITUSA Not Available Disbursement of Not Istisnaa Available Manual Liquidation ORDITPMT Not Availab
40. and select Assigned under Standard option All tasks that have been successfully completed are listed in the right side of the screen Select the checkbox against your Workflow Ref No and click Acquire button at the top of the screen to acquire the next stage of the task 1 66 ORACLE The following message gets displayed on successful acquisition of the task gt Information Message O ST ACQR 001 Acquire Successful Step 3 Application Management Verification Stage The information captured in the previous stage is verified for the second time and for second level approval in the Application management Verification stage Application verification is carried out by the user role CMROLE 1 67 ORACLE You can key in the finance application details required in stisna Application Management Verification screen islamic Istisna Management Verification save il Hold Application Category Product Code Description Application Branch 007 Application Date 2012 05 15 Lead Id Enquiry ID HW vetaiis Financial Requested Limit Collateral Comments Channel Intermediary Group Applicant Details 10f1 KYC Required Auto Decision Required ial Type Existing Local Branch CustomerNo Default ShortName Customer Name Nationalld Application Number User Reference Application Priority Application Status Responsibility Liability Low X Application Entry External
41. as his income Frequency Select the frequency at which the customer earns income The following options are available in the drop down list e Daily e Weekly e Monthly e Quarterly e Half Yearly e Yearly Liability Details You can capture the following details corresponding to the finance applicant s liabilities Liability Type Select the type of the liability from the following options provided in the drop down list e Finance e Lease e Rent e Others Liability Sub Type Specify the sub type corresponding to the liability Frequency Select the frequency at which the customer pays his liability amount The following options are available in the drop down list e Daily e Weekly e Monthly e Quarterly e Half Yearly e Yearly Amount Specify the amount that the customer pays as his liability Account Balance Specify the balance associated with the liability account 1 51 ORACLE Start Date Specify a start date for the liability or select the start date by clicking the Calendar icon End Date Specify an end date for the liability or select the end date by clicking the Calendar icon Asset Details Type Select the type of the asset from the following options available in the drop down list e Vehicle e Home e Others Asset Sub Type Specify the sub type associated with the asset Description Specify a suitable description for the asset type Asset Value Specify the
42. ate any number between 0 and 99 Corporate Incorp Date Specify the date on which the customer s company was registered as an organization Capital Specify the particular customer s various financial details like total Paid Up capital Net Worth Specify the Net worth of the customer organization Business Description Specify the nature of the business and the business activities carried out by the customer organization Country Specify the Country of registration of the office of the corporate Account Account Branch Select the account branch from the adjoining option list Account Number The account number gets generated when you click on Default button after specifying the account class 1 46 ORACLE If the account branch is auto generation enabled then the account number gets auto generated Account Class Specify the account class or select the account class of the customer from the option list provided 1 47 ORACLE Click Default button to view the account generation details through Account Number Generation screen Customer Account Mask Customer No 000000103 Account Currency GBP Account Class ACC16 Account Currency Type O Account Code SAVI Account Mask bbbnnnnnnnnnn 1 16 4 Capturing Customer MIS You can capture the MIS details for the customer if any by clicking MIS button in the Application Entry screen The Customer MIS screen gets displayed whe
43. ation shall be subject to license terms and license restrictions applicable to the programs No other rights are granted to the U S Government This software or hardware is developed for general use in a variety of information management applications It is not developed or intended for use in any inherently dangerous applications including applications that may create a risk of personal injury If you use this software or hardware in dangerous applications then you shall be responsible to take all appropriate failsafe backup redundancy and other measures to ensure its safe use Oracle Corporation and its affiliates disclaim any liability for any damages caused by use of this software or hardware in dangerous applications This software and related documentation are provided under a license agreement containing restrictions on use and disclosure and are protected by intellectual property laws Except as expressly permitted in your license agreement or allowed by law you may not use copy reproduce translate broadcast modify license transmit distribute exhibit perform publish or display any part in any form or by any means Reverse engineering disassembly or decompilation of this software unless required by law for interoperability is prohibited The information contained herein is subject to change without notice and is not warranted to be error free If you find any errors please report them to us in writing This software or ha
44. ation Number IslamiclstisnaAccount5 Customer No 000000103 Requested Id 1424 External Agency AGENCY12 Report Header Bureau Credit Report Id First Name Report Date MiddleName Unique Id Last Name On File Date Birth Date C Best Match Summary 1 Summary 2 Trade Lines Public Records Collections Fraud Messages MERINE Aiso Known As Consumer Statement Credit Scores Inquiries 10f1 Inquirer Name Inquirer Subscriber Inquirer Industry Code Inquiry Date Rate Shopping Duplicate Also Known As Credit Bureau Report Application Number IslamiclstisnaAccount5 Customer No 000000103 Requested Id 1424 External Agency AGENCY12 Report Header Bureau Credit Reportid First Name Report Date MiddleName Unique Id Last Name On File Date Birth Date C Best Match Summary 1 Summary 2 Trade Lines Public Records Collections Fraud Messages Inquiries IEMNEMMIAE Consumer Statement Credit Scores Also Known As 10f1 iGo FirstName MI LastName Suffix Spouse First Name 1 87 ORACLE 1 16 15 1 Consumer Statements Credit Bureau Report Application Number IslamicistisnaAccount5 Requested Id Report Header Bureau First Name MiddleName Last Name Birth Date Summary 1 Summary 2 Trade Lines Public Records Collections Fraud Messages Inquiries Aiso Known As ASASEN Credit Scores Consumer Statem
45. be used to define the pricing details formula You can select lt gt lt gt gt lt AND or OR Based on the formula and the finance application category the system automatically applies a price ID to the application You can apply a different price ID that matches the application only at the Underwriting Stage If you change a price ID selected by the system and reapply a different price ID the system changes the score of the pricing rule The score determines the price ID to be automatically applied Offer Click Offer button to define the offers for pricing ID Offer Details 10f1 Sequence Number ScoreFrom ScoreUpTo Rate Noofinstallments Frequency Units 1 Monthly X Based on the score and the finance application category the system automatically applies a price ID to the application You can apply a different price ID that matches the application only at the Underwriting Stage 1 34 ORACLE Sequence Number The system displays the sequence number Score From Specify the minimum score range for the offer Score Up To Specify the maximum score range for the offer Rate Specify the loan rate for the loan No of Installments Specify the Number of Loan Installments Schedules Frequency Specify the Loan Schedule Frequency Units Specify the Loan Schedule Frequency Unit Basis 1 16 Stages
46. ces maintained for the stage are generated by the process after completion of the stage Users belonging to user role CEROLE are authorized to perform these tasks 1 40 ORACLE You can key in the finance application details required in stisna Application Entry screen You can also invoke this screen by typing ORDISTAE in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Islamic Istisna Application Entry Save vil Hold Application Category B Lead Id j Application Number IslamicistisnaAccount5 Product Code B Enquiry ID H User Reference Description Application Priority Low X Application Branch m Application Status Application Enty Application Date z EBM betaits Financial Requested Limit Collateral Comments Channel ai KYC Required External Credit Check Intermediary Group a F Auto Decision Required Required Applicant Details 10f1 Type Existing Local Branch CustomerNo Default Short Name Customer Name National Id Primay E a a Country H FirstName Account Details Nationality B Middle Name Account Branch as Language 3 Last Name Account Class a SSN S
47. cking the adjoining arrow button Credit Ratio Maintenance Save vil Hold Group Id Description Type Retail Ratio Id Description Formula Formula Maker Date Time Checker Date Time Mod No Record Status Authorization Status You can specify the following details in this screen Group Id Specify a unique identification code for the ratio group Description Specify a suitable description for the ratio group Type Select the type of the finance from the following options available e Retail e Corporate Ratio Id Specify a unique identification for the credit ratio being maintained Description Specify a suitable description for the credit ratio 1 7 1 Specifying Formula Details You can specify the formula to calculate the credit ratio by clicking the Formula button corresponding to a ratio Id 1 17 ORACLE The Formula screen is displayed where you can specify the condition for calculating the credit ratio associated with a ratio Id Formula Wizard Formula F 10f1 v Ratio Type Condition e 7 Stated Before v E Elements a Index Functions X Braces v F Oneratars You can specify the following details here Ratio Type Select the type of the ratio being maintained from the drop down list provided The following options are avai
48. d If the branch code is not specified then the application branch gets defaulted Local Branch Specify the local branch home branch of the finance applicant Select the appropriate one from the option list Customer No The system displays the customer number However you can modify it For existing customers you need to select the customer number from the option list provided 1 43 ORACLE Click Default button to default the details of existing customers The system defaults the customer number if the local branch is specified and the check box Existing remains unchecked Short Name Specify the short name of the applicant Customer Name Specify the customer name Responsibility Specify the Co Applicant s Responsibility for all parties other than primary Applicant Liability Specify the liability for all parties other than primary applicant RM ID Select the ID of the Relationship Manager from the adjoining option list RM Name Specify the name of the Relationship Manager of the finance applicant Country This is the country as given in the address of correspondence of this customer SSN Specify the SSN of the customer Language As part of maintaining customer accounts and transacting on behalf of your customer Customer Category In this category you can classify customers of your bank Nationality Specify the nationality of the customer Financial Currency Specify the fi
49. d Percent Specify percentage of the part of the collateral amount which has to be linked to the pool Linked Amount Specify the part of the collateral amount which has to be linked to the pool Haircut Specify the bank s margin Haircut to be assigned for Collateral Haircut applied by the system as per the Haircut schedule would be displayed here Revaluate Collateral Check this box to revaluate the collateral Revaluation Date Specify the date on which the next revaluation has to be done Revision Date Specify the date on which this collateral has to be revisited for review Charge Type Select the charge type from the adjoining drop down list e Lien e Pledge e Hypothecation e Mortgage e Assignment 1 59 ORACLE This is only for information and not for processing Utilization Order Specify the utilization order Commitment Product Select the product code from the adjoining option list to be used for creating the commitment contract In this screen specify the following details to facilitate vehicle evaluation Market Value Based Security ID Select the security id from the option list Number of units Nominal value Specify the number of units Cap Amount Specify the cap amount Guarantor Based Guarantor ID Select the Guarantor Id from the option list Rating The system displays the rating Vehicle Details You can capture the details of the vehicle which is to be evaluated in
50. d for the Application Category are displayed in this screen You can capture the remarks and recommendations from these agencies in this tab You can also view the credit report obtained from the agencies and bureaus Credit Bureau Details Customer Id The identification of the finance customer gets displayed here Bureau The credit bureau maintained for the Application Category in Application Category Maintenance gets displayed here Status Select the status for the credit bureau check from the following options in the drop down list e Completed e Pending Remarks Specify remarks if any associated with the finance application External Credit Rating External Agency Specify the external agency that you want to use for the evaluation If you do not specify a value here the system will display an error message Recommended Select the recommendation of the credit agency for the finance requested from the following options provided in the drop down list e Recommended e Not Recommended Remarks Specify remarks if any associated with the finance application Status The following statuses are available e Required e Pending e Completed e Not Required e Not Available 1 83 ORACLE The evaluation will be done only if the external agency has been specified and the Recommended field has the value Recommended status is RECOMMENDED For any other combination of values for the two fields t
51. details are verified successfully the verifier can proceed with the processing of the application by selecting PROCEED as the Outcome The verifier can select RETURN to return the process to underwriting stage for data correction or CANCEL to terminate the process On successful completion a message stating that the task is successfully completed gets displayed The customer customer account collateral etc are created in the system on completion of the Document verification stage 1 17 Message Generation In this stage generation of offer letter and sending the contractual agreements takes place 1 101 ORACLE Step 9 Finance Application Details Upload In this final stage the finance and collateral are created Customer is also created if the applicant is anew customer Customer account is also created if information is captured for the same The system creates a Customer Finance Collateral Facility Account in Oracle FLEXCUBE with details captured from previous stages A user in manager level role handles this stage The creation of customer collateral and finance can be verified in ORDITMCU screen Step 10 Sale Confirmation Stage In this stage the sale confirmation of the underlying assets generates the stisna origination through stisna Sale Confirmation screen istisna Sale Confirmation Save fi Hold Application Number Application Date 2012 05 15 Application Branch 007 Status Sale C
52. e User Defined Element Values The system supports multiple User Defined Elements here based on the effective dates maintained UDE Id Select the User Defined Element Id from the adjoining option list Value Specify the UDE value Rate Code Select the rate code for UDE from the adjoining option list Code Usage Select the code usage from the adjoining drop down list 1 92 ORACLE Resolved Value The system defaults the system revised UDE value Intermediary System displays the intermediary details including the compensation percentage for each Intermediary based on the Inetrmediary group mainatined in Application Entry stage However you can modify it The payment schedules are derived based on the offer selected You can select only one finance offer in this screen 1 16 18 Component Tab In Component tab the system calculates and displays the payment schedules and the schedule details based on the finance offer selected If you have selected an Enquiry ID for the customer then the schedule details that have been stored for the corresponding finance proposal are displayed here You can modify them if required islamic Istisna Underwriting Transaction Branch Code 000 Save fil Hold Application Category ISTISNA12 Leadid Application Number IslamiclstisnaAccount5 Product Code ISTM Enquiry ID User Reference 0O0ISTM12065000 Description Istisna Auto DSBR Sim Application Priori
53. e vehicle or all of the following fields e Year e Make e Model e Body e Usage Valuation Source Select the valuation source from the adjoining drop down list The options are e INTERNAL e NONE Select INTERNAL if you wish the evaluation to be done by interfacing with an external agency Status Select the status from the adjoining drop down list The options are e REQUIRED e PENDING e COMPLETED e NOT REQUIRED e NOT AVAILABLE The evaluation will be done only if the valuation source is selected as INTERNAL and the status is RECOMMENDED For any other combination of values for the two fields the system will display an error message and will not proceed with the evaluation till the values are set as specified above After entering the required details select VERIFY as the Outcome and click Save If you have indicated that evaluation should be done you will not be allowed to select PROCEED or CANCEL as the Outcome till the verification has been successfully done The system will display a message stating that the task is successfully completed on saving the record 1 79 ORACLE To acquire the next stage you need to go to the Task menu and select Assigned under Standard option All tasks that have been successfully completed are listed in the right side of the screen Select the checkbox against your Workflow Ref No and click Acquire button at the
54. ead Id B Application Number IslamiclstisnaAccount5 Product Code H Enquiry ID H User Reference Description Application Priority Low v are Application Status Application Enty plication Date Applicant Details Type Primary v Local Branch Customer No 001 Customer Name Main Details MIEN Requested Limit Collateral Comments Income Details 10f1 F Income Type Frequency Currency Amount Liability Type Liability Sub Type Frequency Currency Amount Account Balance Start Date W Loan wv Monthly a Asset Details Vehicle Make Address Line 1 Model Address Line 2 Manufacture Year Address Line 3 meeen m Customer Dedupe Loan Dedupe Customer MIS Customer Account MIS Customer Account Fields Prev Remarks Remarks Audit Type Vehicle Income Details You can capture the following details corresponding to the finance applicant s income Income Type Select the type of income associated with the customer from the drop down list provided The following options are available e Salary e Rent e Business e Others Currency Specify the currency in which the customer draws his income or select the currency from the option list provided 1 50 ORACLE Amount Specify the amount that the customer draws
55. ead id Application Number IslamiclstisnaAccount5 Product Code ISTM Enquiry ID User Reference 000ISTM12065000 Description Istisna Auto DSBR Sim Application Priority Low Application Branch 000 Application Status Underwriting Application Date 2012 03 05 Main Details Financial Requested Limit Collateral Credit Score Bureau Ratio Financing Component BRER Investigation Comments Component Name Due Date Amount Due Component Currency 7 aea Effective Date mount Waive Customer Dedupe Loan Dedupe Customer MIS Customer Account MIS Customer Account Fields Vehicle Evaluator Bureau Report r Prev Remarks Remarks Audit The system calculates and displays the charge details associated with the finance The following details are displayed e Component Name 1 94 ORACLE e Event Code e Associated currency e Amount Waive Check this box to waive the charges associated with the finance 1 95 ORACLE 1 16 20 Investigation Tab In this tab the system captures the field investigation details associated with the customer islamic Istisna Underwriting Transaction Branch Code 000 Save wil Hold Application Category ISTISNA12 Leadid Application Number IslamicistisnaAccountS Product Code ISTM Enquiry ID User Reference 000ISTM12065000 Description Istisna Auto DSBR Sim Application Priority Low Application Branch 000 Application Status Underwriting Application Date
56. ed at by using the mid rate for the currency pair as of that day Expected Limit Amount Enter the expected limit amount Collateral Amount The system displays the collateral amount here Effective Line Amount Basis For defining drawing power of line the elements mentioned below are treated as the basis for the effective line amount calculation e Limit Amount Collateral Contribution e Maximum Credit Turnover Allowed e Minimum Limit Effective Line Amount The effective line amount basis will be validated for the following criteria e Effective line amount basis will be defaulted from the template e Effective line amount basis will be made as a mandatory field e Effective line amount basis will be allowed to change only before first authorization of line The Effective Limit Amount can be modified only before the first authorization of the Line Additional Line Amount Enter the effective line amount Pool Details Pool Code Specify the Pool Code here The pool code assigned to each collateral pool can be linked to a Liability while creating credit limits Pool Description Specify a brief description of the collateral pool here Pool Currency Specify the currency in which the Collateral Pool has to be maintained Pool Amount The entire Collateral Linked amount will be displayed in this field Pool Utilized This field displays the pool amount that has been linked to a various credit lines hence displaying
57. ed where you can specify the condition for calculating the credit score associated with a risk condition e Formula 10f1 Sequence Number Condition Result Elements Index Functions Braces Operators Logical Operators You can specify the following details here Sequence Number The sequence number is automatically generated by the system Condition The condition specified using the Elements Functions Operators etc gets displayed here Result Specify the result to be associated with the condition specified Elements Specify the data elements to be used to define the formula for credit score calculation or select the element from the option list provided Functions Select the mathematical function to be used to define the formula from the drop down list provided Braces Select the opening or the closing brace from the drop down list provided to define the credit score calculation formula Operators Select the mathematical operator to be used to define the credit score calculation formula You can select or f 1 13 ORACLE 1 5 3 1 5 4 Logical Operators Select the logical operator to be used to define the credit score calculation formula You can select lt gt i lt gt SS lt AND or OR Specifying Credit Grades You can maintain different credit grad
58. ent 10f1 Reported Date Text Customer No 000000103 External Agency AGENCY12 Credit Reportid Report Date Unique Id On File Date C Best Match Credit Score Details Credit Bureau Report Application Number IslamiclstisnaAccount5 Requested Id Report Header Bureau First Name MiddleName Last Name Birth Date Customer No 000000103 External Agency AGENCY12 Credit Report Id Report Date Unique Id On File Date C Best Match Summary 1 Summary 2 Trade Lines Public Records Collections Fraud Messages Inquiries Also Known As Consumer Statement MESMMSESIES Credit Scores Score Model Score Score Factor Capturing Loan MIS Details You can capture the Finance MIS details by clicking Finance MIS button in Istisna Finance Underwriting screen The Finance MIS screen gets displayed where you can capture the details 1 88 ORACLE gt Application Number IslamicMudarabahAccou E Product MUDM Link To Group aml Loan Account Number 00OMUDM12065021 Loan Branch 000 pica 2 Financing Currency GBP input Link To Group Related Reference Related Account 7 Rate Code 23 Related Account Related Reference az Spread MIS Head az Rate
59. er Name Revaluate Collateral Revaluation Date amp Revision Date amp Charge Type X Utilization Order Commitment Product Vehicle Details Vehicle ID Vehicle Number Year Make Model Body Usage Valuation Source None Valuation Status Not Required v m Frequency StatDate StartMonth Remarks m Documents Customer Dedupe Loan Dedupe Customer MIS Customer Account MIS Customer Account Fields Audit Prev Remarks Remarks In this screen specify the following details to facilitate vehicle evaluation Collateral Details Collateral Branch Select the finance applicant s collateral branch from the adjoining option list Collateral ID Select the collateral ID from the adjoining option list Collateral Description Give a brief description on the collateral Collateral Currency Select the collateral currency from the adjoining option list 1 58 ORACLE Collateral Value Specify the collateral value Start Date and End Date Specify the tenor of the collateral using the Start Date and End Date fields The collateral is considered effective only during this period Collateral Category Select the collateral category from the adjoining option list Collateral Type Select the collateral from the adjoining drop down list The options are e Market based e Guarantee e Normal Linke
60. es based on the credit scores obtained Click Rating button in Rule Details screens to invoke the Rating screen where you can maintain these details Rating Rating 10f1 Sequence Number Score v You can specify the following details here Sequence Number The sequence number is automatically generated by the system Score Specify the score associated with a credit risk Grade Specify the credit grade based on the score obtained Specifying Auto Decision Details While creating finance you need to decide whether the applicant is eligible to receive finance from the bank Auto Decision feature in Oracle FLEXCUBE decides whether to approve or reject an application It also gives the stipulations or reasons for the decision To use this feature you need to maintain the Auto Decision details in Auto Decision screen 1 14 ORACLE 1 6 Auto Decision 101 Serial Number Credit Decision AUTO REJECT E RECOMMEND REJECT RECOMMEND APPROVE AUTO APPROVE E Specify the following details Serial Number The system displays the serial number Score Specify the maximum credit score of the finance applicant for the system to make the corresponding auto decision The score is maintained based on the Risk Factor maintained in Rule details screen Auto Decision Specify the auto decision to be made for each credit score You can maintain the maxi
61. est Match Summary 1 Summary 2 Trade Lines Public Records Collections Fraud Messages Inquiries Also Known As Consumer Statement Credit Scores RecordType Status Amount FiledDate Satisfied Date Collections Credit Bureau Report Application Number IslamiclstisnaAccount5 Requested Id 1424 Report Header Bureau First Name MiddleName Last Name Birth Date Summary 1 Summary 2 Trade Lines Public Records Collections Fraud Messages Inquiries Also Known As Consumer Statement Credit Scores Collections 10f1 Customer No 000000103 External Agency AGENCY12 Credit Report Id Report Date Unique Id On File Date C Best Match Creditors Name Account AcctBalance HighBalance TermType Balance Date OpenDate LastActivity Date History Date ECOA Special Fraud Messages Credit Bureau Report Application Number IslamiclstisnaAccount5 Requested Id 1424 Report Header Bureau First Name MiddleName Last Name Birth Date Summary 1 Summary 2 Trade Lines Public Records Collections Fraud Messages Inquiries Also Known As Consumer Statement Credit Scores Fraud Messages 10f1 Product Message Customer No 000000103 External Agency AGENCY12 Credit Report Id Report Date Unique Id On File Date C Best Match 1 86 ORACLE Inquiries Credit Bureau Report Applic
62. etion of a stage in the process You can invoke Documents and Advice Maintenance screen by typing ORDDOCMT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Document verify Maintenance save i Hold Process Code Application Category Process Stages Stage Stage Document Details 10f1 Document Category Document Type Mandatory a 3 Mandatory BI Advices 10f1 Report Name Template Format Locale PDF en US Sequence Number Checklist Item Mandatory 1 E Date Time Mod No Checker Record Status Date Time Authorization Status You can specify the following details in this screen Process Code Specify the process code of the process for which you wish to maintain override conditions or select the process code from the option list provided 1 23 ORACLE Application Category Specify the category to which the finance application belongs or select the application category from the option list provided Stage Select the stage of the finance origination process from the option list provided The various stages can be Application Entry Application Verification Underwriting Finance Approval etc Stage Title Specify a suitable descri
63. gaseosbenanctepicanitensssictevegsrceeenencvemeigaieniiiess 1 62 STEP 2 APPLICATION VERIFICATION STAGE ccccccccccccccecccecccecececececceececscecececesecscceasessseesseeseeeassesseeseeeseeeneess 1 65 STEP 3 APPLICATION MANAGEMENT VERIFICATION STAGE cccccccccecececccececesecececescesseceseesceeseeeeseeseeeseseneess 1 67 STEP 4 INTERNAL BLACKLIST CHECK STAGE ccccccccccccecececececececececceececscececesssecsceesseesseeseeeasesssseseeeseeeseeeseess 1 69 STEP 5 EXTERNAL BLACKLIST CHECK STAGE ccccccccccecccecececececececeeececececececsseescecaseesceesseesseeaseeseeeseeeneeeaeess 1 73 STEP 6 UNDERWRITING oseiro orriren osc oben esen Ee eE SE e eae ubncowecun se SEE Ee A ISENE EEE p NEEESE 1 77 1 16 13 EAE TAD ETEA E E E E EA E E A E S E ane A 1 78 1 16 14 Credit Scored GD vs csciss snacoscssstvsvesodscconasiedesidccsidcebs caddsestedscesbacnedeviouapedsensdesetessedveeenecasdsobvsesdeawedatvapeteas 1 81 1 16 15 D OUTTA LOL AG He eee A ER ee Te ee eee ee ee ee eee 1 82 1 16 16 Ranos labi caida satu saan cucec satus a on ianscaweubactesen ioe ice obit a 1 89 ORACLE 1 16 17 Financing LGD sc isocceitsbecsazednacesstassdesosdunaueos agaeabe donee ossayegeceshesenessnanurebedesteoveeyeceavedseaeeossneieenedoeragieys 1 91 1 16 18 Component Tab sessissreririiri sri Eoas eot r N EARE A ENEN E A E EOE R 1 93 1 16 19 Charges Fabiccsiierne ein a E E E ER E E E E EE 1 94 1 16 20 Investigation Tab x y ssncsanedsite dhvessdesosdsensues E E
64. he Task menu and select Assigned under Standard option All tasks that have been successfully completed are listed in the right side of the screen Select the checkbox against your Workflow Ref No and click Acquire button at the top of the screen to acquire the next stage of the task ORACLE 1 99 The following message gets displayed on successful acquisition of the task Q Information Message Information Message O ST ACQR 001 Acquire Successful Click Ok to proceed to the next stage To select the acquired task for the next stage select Acquired under Standard option in the Task menu All the tasks that have been successfully acquired are displayed in the right side of the screen Search for your workflow reference number and click the Workflow Ref No to open stisna Finance Document Verification screen If you have checked the option Auto Decision Required during Application Entry stage the based on the applicant credit score auto decision mapping maintained in Auto Decision screen the system decides whether to approve the finance or not The system makes one of the following decisions in that case e Auto Approved e Recommend Approval e Recommend Reject e Auto Rejected If the auto decision made by the system is Auto Approval you can skip the finance approval stage If the auto decision made by the system is Recommend Ap
65. he conditions for generating override messages You can select lt gt lt gt gt lt AND or OR Viewing Override Summary You can view a summary of the overrides in Override Maintenance screen You can also query for a particular record based on desired search criteria You can invoke this screen by typing ORSOVDMT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button e Override Maintenance Authorization Status Record Status Process Code at Application Category Advanced Search Records per page 15 v 1013 Authorization Status Record Status Process Code Application Category You can specify any of the following details to search for a record e Authorization Status e Record Status e Process Code e Application Category 1 22 ORACLE Click Search button to search for a record based on the search criteria specified You can double click a desired record to view the detailed screen 1 11 Maintaining Document Checklist and Advices You can maintain the list of documents that are required during the finance origination process in Documents and Advice Maintenance screen Document checklists are maintained for an application category and for the various stages in the origination process You can also maintain the details of the Advices that need to be generated on compl
66. he following in the loan block in the underwriting stage e No of installments e Frequency e Unit Financing against Salary Check this box to indicate that the finance should be associated with the applicant salary account Financing Purpose Give a brief description on the purpose of financing itemization Details ltemization Specify the tenor itemization that is required For example you can specify the itemizations like Booking Amount Payment Interiors etc 1 54 ORACLE Amount Specify the amount requested corresponding to the itemization specified Comments Give your comments if any corresponding to the itemization 1 16 9 Limits Tab You can capture the details related to the limits provided by the customer in this tab Islamic Istisna Application Entry save vl Hold Application Category H LeadId H Application Number IslamiclstisnaAccount5 E Product Code B Enquiry ID B User Reference Description E Application Priority Low Application Branch 007 Application Status Application Enty Application Date 2012 05 15 Main Details Financial EMMESIBE Limit Collateral Comments Requested Details Requested Currency B No of Installments Financing Against Salary Requested Amount Frequency Financing Purpose Interest Rate Unit Tenor In Months Hamish Jiddayah Itemizat
67. he record to invoke the following screen Islamic Istisna External KYC save il Hold Leadid Enquiry ID Application Category Product Code Description Application Branch 007 Application Date 2012 05 15 Application Number User Reference Application Priority Low X Application Status Application Enty EB vetais Financial Requested Limit Collateral Comments Channel Intermediary Group Applicant Details 10f1 Type Existing Local Branch Customer No Default Short Name Customer Name KYC Required Auto Decision Required National Id Responsibility Liability C External Credit Check Required RMID RM Name m Country Nationality Language SSN Customer Category Financial Currency Group Code Mobile Number Landline Number Email Fax First Name Middle Name Last Name Salutation Mr Gender Male Date of Birth Mothers Maiden Name Marital Status Dependents Passport Number Passport Issue Date Passport Expiry Date Married Account Details Account Branch Account Class Account Number Corporate Details Date Capital Net Worth Business Description Country Documents KYC Review Customer Dedupe Loan Dedupe Customer MIS Customer Account MIS Customer Account Fields Prev Remarks Remarks Audit The system displays all the customers associated with the finance applica
68. he system will display an error message and will not proceed with the evaluation till the values are set as specified above After entering the required details select VERIFY as the Outcome and click Save If you have indicated that evaluation should be done you will not be allowed to select PROCEED or CANCEL as the Outcome till the verification has been successfully done The system will display a message stating that the task is successfully completed on saving the record To acquire the next stage you need to go to the Task menu and select Assigned under Standard option All tasks that have been successfully completed are listed in the right side of the screen Select the checkbox against your Workflow Ref No and click Acquire button at the top of the screen to acquire the next stage of the task which will be the underwriting stage again The following message gets displayed on successful acquisition of the task Information Message Information Message ST ACQR 001 Acquire Successful Click Ok to proceed to the next stage To select the acquired task for the next stage select Acquired under Standard option in the Task menu All the tasks that have been successfully acquired are displayed in the right side of the screen Search for your workflow reference number and click the Workflow Ref No to open stisna Underwriting screen The
69. iled screen 1 15 Maintaining Pricing Details Oracle FLEXCUBE allows you to maintain pricing groups and apply a suitable pricing rule to an application category during istisna finance origination The pricing rule automatically selects the best matched finance offer for the finance application from the available offers for the application category You need to maintain pricing groups and define the price IDs and formulae for the group using Pricing Maintenance screen To invoke the screen type ORDPRCMT in the field at the top right corner of the application toolbar and click the adjoining arrow button 1 31 ORACLE Pricing Details Price Group ID Description Pricing Details 10f1 Price ID Price Description Price Type Retail Default Formula Offer Id Oo Maker Checker Mod No Date Time Date Time Record Status Authorization Status Specify the following details Pricing Group Specify a unique name to identify the price group Description Specify a brief description of the price group Specify the price type associated with the price group You can choose one of the following price Price Type types e Retail e Corporate e Ijarah e stisna e Mudarabah e Murabaha e Musharaka e Tawarooq Pricing Details Specify the following details 1 32 ORACLE Price ID Specify a unique price ID This price ID can be ap
70. in stisna Finance Origination The different stages in stisna process flow are designed using Oracle BPEL framework The process of finance origination consists of several manual as well as system tasks carried out in a sequential manner Many users can be involved in the completion of a transaction and at each stage of the process a user or a group of users assigned with a task acquire and work on the relevant transaction Oracle Business rules that are embedded help the dynamic creation of multiple approval stages The different stages and sub stages in the process flow can be summarized as follows e Application Entry the following details are captured in this stage gt Applicant Information gt Application details gt Requested Finance Details gt Collateral Details gt Checklist gt Documents gt Advice Generation e Application Verification gt Information captured during Application Entry stage is verified gt Advice Generation e Application Management Verification gt Information captured in the application verification stage is verified for the second time e Internal Blacklist Check 1 35 ORACLE gt Information against Internal blacklist of customers is verified gt KYC Review e External Blacklist Check gt Information against external blacklist of customers is verified gt KYC Review e Underwriting gt Collateral Valuation Information gt Applicant Financial Ratios gt Applica
71. ine 3 Address Line 1 Address Line 2 Address Line 3 Country Zip Phone Number Mod No Record Status Authorization Status Financing Type Reason Zip Contact Number Country Extension Contact Phone Contact Name Contact Extension Department Comments The sequence number is automatically generated by the system 1 5 Retail ORACLE Address Type Select the address type of the customer from the following options provided in the drop down list e Permanent e Home e Work e Temporary e Others Mailing Check this box to indicate that the address you specify here is the customer s mailing address Address Line 1 3 Specify the address of the customer in three lines starting from Address Line 1 to Address Line 3 Contact Number Specify the contact telephone number of the customer Zip Specify the zip code associated wit the address specified Country Specify the country associated with the address specified Employment Details Seq No The sequence number is automatically generated by the system Employment Type Select the customer s employment type from the drop down provided The following options are available e Part Time e Full Time e Contract Based Employer Specify the name of the employer of the prospective customer Occupation Specify the occupation of the prospective customer Designati
72. io Id Specify the credit ratio to be associated with the application category or select the Ratio Id from the option list provided Pricing Group Specify the pricing group to be linked to the Istisna application category The option list displays all valid pricing groups applicable Choose the appropriate one 1 27 ORACLE 1 13 1 Main Tab You can capture the following details in the Main tab Product Details You can specify the following details related to the finance product here Product Code Specify the identification code of the finance product to be linked to the application category being maintained You can also select the product code from the option list provided Product Description The description associated with the selected finance product gets displayed here Default Check this box to indicate if the finance product selected should be maintained as the default product for the application category Other Details You can capture the additional details related to the finance product here Offer Id Specify a unique identification for the finance offer being made to the customer No of Installments Specify the number of instalments associated with the finance Units Select the units based on which the finance disbursement should be carried out The following options are available in the option list e Daily e Weekly e Monthly e Quarterly e Half Yearly e Yearly e Bullet Frequency
73. ion Details 10f1 Serial No Itemization Amount Comments ie Documents Customer Dedupe Loan Dedupe Customer MIS Customer Account MIS Customer Account Fields Prev Remarks Remarks Audit You can specify the following details here Liability Details Liability Number Specify the Liability Number If the Liability Number is customer group then all customers under this group should have same Liability Number 1 55 ORACLE Liability Name Specify the Liability Name here A maximum of 35 characters are allowed in this field Liability Branch Specify the branch in which liability is associated Liability Currency Specify the currency with which the liability is associated This cannot be changed post authorization Overall Limit Specify the overall limit amount for that liability Value entered in the field will be in the currency stated above If liability is of customer group then overall limits stated will be common to all the customers Line Details Line Code Specify the Line Code to which the liability ID is to be associated with Allocating credit limits for the Line Liability combination can be done The customer s who fall under this Liability Code will in turn avail credit facilities under this Credit line By linking a Credit Line to a Liability code the customer also gets linked to the Credit Line This is true because a Liabil
74. ity code has been assigned to every credit seeking customer and the credit facilities granted to the customer are defined and tracked against this code Line Serial Each time a customer line code combination is specified Oracle FLEXCUBE ELCM system assigns a unique serial number to the combination This serial number is unique to the line liability code combination Thus for every new record entered for a Line Liability combination a new serial number is generated The Line Liability Serial number forms a unique combination Line Branch Select the line branch code from the adjoining option list Main Line Code Specify the main line code The adjoining option list displays all valid main line codes maintained in the system You can choose the appropriate one Line Currency Specify the currency in which the facility is defined The currency that has been selected will have the following implications e The limit amount that has been specified for this Line Liability combination is taken to be in this currency e The line that has been defined will be available for Utilization only in the line currency unless specified otherwise under Currency Restrictions in this screen Once the entry is authorized you cannot change the currency 1 56 ORACLE If the limit allotted to this Line Liability combination can be utilized by accounts and transactions in currencies other than the limit currency the limit utilization will be arriv
75. klist Check e External Blacklist Check e Underwriting Credit Evaluation e Finance Approval e Document Verification e Finance details upload e Sale Confirmation e User Acceptance e Disbursement e Manual Liquidation The stisna origination process flow is composed of following stages The following are different types of the asset categories in stisna e Vehicle e Home e Others 1 1 ORACLE 1 3 Maintaining Finance Prospect Details You can maintain the details of a prospective borrower or a finance applicant when the borrower initially approaches the bank enquiring about the various finance products that are being offered The following details are captured as part of this maintenance e Prospective customer s personal and location details e Prospective customer s employment details e Requested finance details You can maintain the details related to the prospective customer in Prospect Details screen You can invoke this screen by typing ORDLEADM in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Prospect Details Save vil Hold Lead id Branch Code 002 Financing Type Retail Description Date of Enquiry 2012 11 07 Reason Main Details Requested Applicant Details 1011 7 Sequence Number Type Short Name Customer Name National Id Responsibility Liability 7 Primary E E
76. lable e Stated Before e Stated After e Actual Before e Actual After Condition The condition specified using the Elements Functions Operators etc gets displayed here Elements Specify the data elements to be used to define the formula for credit ratio calculation or select the element from the option list provided Functions Select the mathematical function to be used to define the formula from the drop down list provided Braces Select the opening or the closing brace from the drop down list provided to define the credit ratio calculation formula 1 18 ORACLE 1 8 Operators Select the mathematical operator to be used to define the credit ratio calculation formula You can select or f Viewing Credit Ratio Summary You can view a summary of the credit ratios in Credit Ratio Maintenance screen You can also query for a particular record based on desired search criteria You can invoke this screen by typing ORSRATMT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Credit Ratio Maintenance Authorization Status Record Status Group Id ai Search Advanced Search Records per page 15 v Authorization Status Record Status Group Id Description You can specify any of the following details to search for a record e Authorization Status e Record Status e Group Id Click Search butt
77. le To acquire the next stage you need to go to the Task menu and select Assigned under Standard option DOCUMEN 002 000 Oracle FLEXCUBE UBS1 1 2 ENG 2012 11 07 Transaction Input Windows Internet Explorer Change Branch Options Help Sign Off LCDTROO1 8 Tasks A E Search C P Standard Page 1 Of 1 Jump to page gt Acquired 1 Ti di i Cia Hon Dat i ransaction Assignee ustomer Creation Date Workflow Reference 5 Amount SOE o lt Reference Users Name From To t Completed 0 uomen IslamiciarahAccount1 362 Application Enty ALLROLES 2012 04 30 pPending 0 11 14 27 IST gt Supervisor 0 IslamicljarahAccount1574 Application Entry ALLROLES 2012 05 10 18 18 46 IST IslamicljarahAccountt675 Application Entry ALLROLES 2012 05 10 18 40 50 IST ImportLCProcessFlow1587 Receive and Verify ALLROLES CCSEROLE 2012 05 11 LC Import 12 11 04 IST Home Interactions Customer Workflow Tasks Preferences Title Assignee Group Priority Task History All tasks that have been successfully completed are listed in the right side of the screen Select the checkbox against your Workflow Ref No and click Acquire button at the top of the screen to acquire the next stage of the task The following message gets displayed on successful acquisition of the task 1 64 ORACLE gt Information Message O ST ACQR 001 Acquire Successful
78. lication Date 2012 05 15 Application Branch 007 Status UserAcceptance Branch Code 007 Account Sale Date 2012 05 15 Remarks Prev Remarks Remarks Audit The system creates a task Manual Liquidation in the Reject task list Task Details Task List Search on 7 E Standard Eras Maa wok ne arr Pori Ppa ee rere Acquired 0 one Mantels Find 5 ROO Assigned s ao Ugain Ta w 20 TR Completed 1 Pending 1 Supervisor 0 Step 12 Disbursement of stisna Stage In this stage based on the outcome of the previous stage the disbursement of stisna for the underlying asset or moving the asset to inventory is decided If sale is confirmed the system will trigger the disbursement of stisna based on the value date If the sale is rejected the system will display the asset detail capture detail Step 13 Manual Liquidation Stage Manual Liquidation is possible only if disbursement is done 1 103 ORACLE istisna Manual Liquidation Save lt i Hold Application Number Application Date 2012 05 15 Status Manual Liquidation v Account 3 Product Branch Code Customer Id Product Description ESN EERIE Penalty Rates Check List Value Date 2012 05 15 E Main Interest Rate Mudarabah Execution Date 2012 05 15 E3 F Installment s Gross Profit Limit Date L3 Excess Profit Customer Incentive Bank Profit Paymen
79. lick Update Ratio button to update the asset liability ratios for the customer taking into account the EMI payments also The ratios for Installment Finance To Value and Disposable Income are calculated for the following conditions 1 90 ORACLE e Stated Before e Stated After e Actual Before e Actual After 1 16 17 Financing Tab In the Financing tab the system displays the list of the multiple finance offers that are attached to the application category specified If you have selected an Enquiry ID for the customer then the finance details that have been stored for the corresponding finance proposal are displayed here You can modify these details if required Islamic Istisna Underwriting Transaction Branch Code 000 save vil Hold Application Category ISTISNA12 Leadid Application Number IslamiclstisnaAccount5 Product Code ISTM Enquiry ID User Reference 000ISTM12065000 Description Istisna Auto DSBR Sim Application Priority Low Application Branch 000 Application Status Underwriting Application Date 2012 03 05 Main Details Financial Requested Limit Collateral Credit Score Bureau Ratio INEM component Charge Investigation Comments Pricing Pricing ID P Multiple Offers 1011 Offer Id No of Installments Frequency Unit Rate Rate Code Check Apply 9 TEST12 12 1 Monthy 14 1 g 12 14 Monthy 3
80. mation Message O The task is completed successfully The Workflow Reference Number is IslamiclstisnaAccount5315 Click Ok to proceed to the next stage To select the acquired task for the next stage select Acquired under Standard option in the Task menu All the tasks that have been successfully acquired are displayed in the right side of the screen Search for your workflow reference number and click the Workflow Ref No to open stisna Finance Underwriting screen Step 6 Underwriting In this stage the bank assesses the eligibility of the borrower for the requested finance offer based on the analysis of the borrower s financial ratios and credit scores The bank also obtains credit details from external agencies and field investigation agencies The tasks in underwriting stage are also carried out by the user role CMROLE After ascertaining the eligibility of the customer the bank provides multiple finance offers for the borrower and uses one offer chosen by the customer to generate payment schedule and schedule details The advices that are maintained for the stage are generated on completion of the stage In this stage the bank also conducts vehicle evaluation based on the details that have been captured at the Application Entry stage This evaluation can be done with details from an external agency in the collateral tab 1 77 ORACLE 1 16 13 Collateral Tab You can carry
81. mber YC Review Details Local Branch Fest Name Mode Name Last Name Date of Brin Country Na onaity 1 71 ORACLE The KYC Review Screen STSKYCMN and SDN Review Screens ORSSDNMN are displayed KYC Maintenance Summary Authorization Status KYC Reference KYC Customer Type z Ja or J Authorization Status Records per page 15 Record Status KYC Reference 000ZKYC112450005 001ZKYC112450004 001ZKYC112450005 001ZKYC112450007 001ZKYC112450001 001Z2KYC112450002 001ZKYC112450003 001ZKYC112450006 019ZKYC112490001 0222KYC121530002 WB1ZKYC121300003 Open Open Open Open Open Open Open Open Open Open Open Alias Names Summary Name Country alid ora Name Records per page 15 BHARAT Record Status Full Name of Customer Risk Level Full Name of Customer MILLER WARDRU S CLARKS PULASCAR AAPOUL GOLDSMITH M COMMERZAG SUOP ALLENA PUAL SCOTTS OSFSDF 022003725 David Waiter Date of Birth Date of Binn KYC Customer Type Retail Customer Retail Customer Retail Customer Retail Customer Retail Customer Retail Customer Retail Customer Retail Customer Retail Customer Retail Customer Retail Customer Country Risk Level Level 1 Level 2 Level 2 Levei 1 Level 1 Level 3 Level 2 Level 3 Level 4 Level 4 Level 1 Once reviewed the verifier provides the review status and remarks You can perform a check on the customer record based on the KYC Review and SDN
82. mum credit scores for each of the following decisions e Auto Approved e Recommend Approval e Recommend Reject e Auto Rejected While creating finance based on the applicant s credit score and auto decision mapping maintained in here the system decides whether to approve reject recommend approval or recommend rejection of the application Viewing Credit Rule Summary You can view a summary of the credit rules in Rule Maintenance screen You can also query for a particular record based on desired search criteria 1 15 ORACLE You can invoke this screen by typing ORSRULMT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Rule Maintenance Authorization Status Record Status Rule Id zi Advanced Search Records per page 15 v 101 Authorization Status Record Status Rule Id Account Description You can specify any of the following details to search for a record e Authorization Status e Record Status e Rule ld Click Search button to search for a record based on the search criteria specified You can double click a desired record to view the detailed screen 1 7 Maintaining Credit Ratios You can maintain the rules to calculate the credit ratios in Credit Ratio Maintenance screen 1 16 ORACLE You can invoke this screen by typing ORDRATMT in the field at the top right corner of the Application tool bar and cli
83. nancial currency or select the financial currency from the option list provided Mobile Number Specify the mobile number of the customer Landline Number Specify the landline number of the customer 1 44 ORACLE E mail Specify the E mail address of this customer Fax Specify the fax number of the customer Retail First Name Specify the First name of the customer Middle Name Specify the Middle name of the customer Last Name Specify the Last name of the customer Salutation Select the salutations of customer from the drop down list provided The following options are available e Mr e Mrs e Miss e Dr Gender Select the gender of the customer from the drop down list provided The following options are available e Male e Female Date of Birth Specify the date of birth of the customer Mother Maiden Name Specify the mother maiden name Passport Number Specify the passport number of beneficial owner Passport Issue Date Specify the issue date of the passport 1 45 ORACLE Passport Expiry Date Specify the expiry date of the passport Marital Status Indicate the marital status of the customer here You may select one of the following from the list available here e Single e Married e Divorcee e Remarried e Separated e Spouse Expired Dependents Specify the number of family members children and others who are dependent on the customer financially You can indic
84. nt Credit Score gt Applicant Bureau Report gt Finance Offers gt Finance Schedules gt FINANCE Charges gt Field Investigation gt Document Capture gt Advice Generation e Finance Approval gt Information captured during Previous stages are verified gt Advice Generation e Document Verification gt Information captured during Previous stages are verified gt All documents obtained are verified against checklist gt Advice Generation e Finance Application Details Upload gt Customer Creation gt Customer Account Creation gt Finance Account Creation gt Collateral Creation gt Advice Generation e Sale Confirmation gt The sale confirmation of underlying assets generates the Istisna origination through Istisna Sale Confirmation screen e User Acceptance e Disbursement of Istisna e Manual Liquidation The various tasks carried out in these stages will be explained in detail in the subsequent sections 1 36 ORACLE 1 16 1 Process Flow Diagram The process flow diagram given below illustrates the activities carried out during the different stages of the workflow i ORACLE 1 16 2 Process Matrix The process matrix given below lists out the different stages the user role handling each stage the function Ids involved and the exit points for each stage Stage Stage Title Description Function Id Exit point 1 Application Entry The following details are
85. ntain the following details in this tab Question Details Question Id The question Id is automatically generated by the system Category Select the category to which the question belongs from the option list provided Question Specify the question to be asked to the prospective customer to derive the credit rating score Answer Details Sequence Number The sequence number is automatically generated by the system Possible Answer Specify a set of possible answers to be associated with a question Score Specify the score associated with an answer 1 11 ORACLE 1 5 2 Risk Factor Tab You can specify the risk details associated with the finance and also indicate the formula for calculating the credit score in this tab Rule Details Save vil Hold Rule Id Account Description Type Retail vain RRS Risk Factor 10 Riskid Account Description Formula ELCs Date Time Checker Date Time Mod No Record Status Authorization Status You can specify the following details here Risk Id Specify a unique identifier for the credit risk being maintained Description Specify a suitable description for the credit risk 1 5 2 1 Specifying Formula Details You can specify the formula to calculate the credit score by clicking the Formula button corresponding to a credit risk entry in Risk Factor tab 1 12 ORACLE The Formula screen is display
86. ntification code of the rating agency that provides credit rating details for customer securities Agency Name Specify the name of the rating agency that provides credit rating details for customer securities Bureau Details You can capture the details related to the credit bureau here Bureau Code Specify the identification code of the credit bureau that provides credit ratings for customer securities Bureau Specify the name of the credit bureau that provides credit rating details for customer securities 1 14 Viewing Application Category Summary You can view a summary of the application categories in Category Details screen You can also query for a particular record based on desired search criteria You can invoke this screen by typing ORSCATMT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button 1 30 ORACLE Category Details Authorization Status Record Status Application Category ai Application Type Search Advanced Search Records per page 15 v 1 Of 1 a Authorization Status Record Status Application Category Category Description Application Type You can specify any of the following details to search for a record e Authorization Status e Record Status e Application Category Click Search button to search for a record based on the search criteria specified You can double click a desired record to view the deta
87. of Enquiry You can specify any of the following details to search for a record e Authorization Status e Record Status e Lead Id e Date of Enquiry Click Search button to search for a record based on the search criteria specified You can double click a desired record to view the detailed screen Maintaining Credit Rating Rules You can maintain a set of questions along with a possible set of answers with associated scores to assess the credit rating of a prospective finance customer You can also calculate the risk factor associated with the finance and arrive at a credit grade based on the scores obtained 1 9 ORACLE You can maintain these details in Rule Details screen You can invoke this screen by typing ORDRULMT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button gt Rule Details I save 4 Hoia Rule Id RULE_U Account Description RULE_W HBB Risk Factor Question Details 10n G Question Id Question wit wat is your monthly expe 2 Rating Auto Decision Maker Date Time Checker Date Time Mod No You can specify the following details in this screen Rule Id Specify a unique identification for the credit rating rule Description Specify a suitable description for the credit rating rule Type Select the type of the finance from the following options available e Retail e Corporate 1 10 ORACLE 1 5 1 Main Tab You can mai
88. on Specify the designation of the prospective customer 1 6 ORACLE Employee Id Specify the employee Id of the prospective customer Address Line 1 3 Specify the employment address of the customer in three lines starting from Address Line 1 to Address Line 3 Zip Specify the zip code associated with the office address specified Country Specify the country associated with the employment address specified Phone No Specify the official phone number of the prospective customer Extn Specify the telephone extension number if any of the prospective customer Contact Specify the contact number of the prospective customer Contact Name Specify the name of a contact person at the customer s office Contact Phone Specify the contact phone number of the customer s contact person Contact Extn Specify the telephone extension number if any associated with contact person Comments Specify comments if any related to the customer s employment Department Specify the department to which the customer belongs Stated Years Specify the number of years the customer has spent with his current employer Stated Months Specify the number of months the customer has spent with his current employer 1 7 ORACLE 1 3 3 Requested Tab You can capture the details related to the requested finance in Requested tab Prospect Details Save iil Hold LeadId Branch Code 001 Financing
89. on to search for a record based on the search criteria specified You can double click a desired record to view the detailed screen ORACLE 1 9 Maintaining Override Details You can maintain the formulae to verify if overrides need to be generated dynamically in Override Maintenance screen You can invoke this screen by typing ORDOVDMT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Override Maintenance Save vi Hold Process Code Application Category B Type Retail Stage Description Sequence Number Condition Error Code Error Parameter Elements Index Functions Braces Operators Laninal Nnaratare Maker Date Time Checker Date Time Mod No Record Status Authorization Status You can specify the following details in this screen Process Code Specify the process code of the process for which you wish to maintain override conditions or select the process code from the option list provided Application Category Specify the category to which the finance application belongs or select the application category from the option list provided Type Select the type of the finance from the following options available 1 20 ORACLE e Retail e Corporate e ljarah e stisna e Mudarabah e Murabaha e Musharaka e Tawarooq Stage
90. onfirmation Branch Code 007 Account Sale Date 2012 05 15 Remarks Prev Remarks Remarks You can maintain the following details Branch Code You can specify the branch code from the option list Account Number You can specify the account number of the customer from the option list The option list displays all the authorized uninitiated accounts of the product whose Sale Confirmation Required option is checked in the Preference screen Sale Date In this field the current application date will get defaulted Remarks You can specify the remarks for the sale confirmation This field is applicable only for the accounts under the product whose Sale Confirmation Required option is checked in the Preference screen If everything is found acceptable select the action PROCEED in the textbox adjoining the Audit button in this screen and save the record by clicking the Save icon in the tool bar The following screen will be displayed 1 102 ORACLE Step 11 User Acceptance Stage In this stage based on the outcome of the previous stage the sale confirmation of stisna origination in the next stage Manual disbursement is done for the accounts created with a manual disbursement product For accounts created with auto disbursement products disbursement occurs on save of document verification stage istisna User Acceptance Save vil Hold Application Number App
91. out the evaluation of vehicles in the collateral tab Here the details provided as part of the Application Entry stage are defaulted which you can modify The evaluation can be done by interfacing with external agencies islamic Istisna Underwriting Transaction Branch Code 000 Save M Hold Application Category ISTISNA12 Product Code ISTM Description Istisna Auto DSBR Sim Application Branch 000 Application Date 2012 03 05 Applicant Details Type Primary v Leadid Enquiry ID Local Branch 000 CustomerNo 000000103 Application Number IslamiclstisnaAccount5 User Reference 000ISTM12065000 Application Priority Low Application Status Underwriting Customer Name PAVIT address Main Details Financial Requested Limit MEMME Credit Score Bureau Ratio Financing Component Charge Investigation Comments Collateral Details Collateral Branch Collateral Id Collateral Description Collateral Currency ail Collateral Value Market Value Based Security Id Number Of Units Nominal Value Cap Amount Guarantor Based Guarantor Id Rating Covenant Details 10f1 v Covenant Name 7 a Description Start Date End Date Collateral Category Collateral Type Linked Percent Linked Amount Haircut
92. pecify the first name of the customer Middle Name Specify the middle name of the customer Last Name Specify the last name of the customer National Id Specify the national Id or country code of the customer or select the national Id from the option list provided Short Name Specify the short name of the customer Gender Select the gender of the customer from the drop down list Date of Birth Specify the date of birth of the customer or select the date by clicking the Calendar icon provided 1 3 ORACLE Mother s Maiden Name Specify the customer s mother s maiden name Customer Category Specify the category to which the customer belongs or select the customer category from the option list that displays all valid customer categories Country Specify the country of domicile of the customer or select the country code from the option list provided Nationality Specify the country of which the customer is a national or select the country code from the option list provided Language Specify the primary language of the customer or select the language from the option list provided Mobile Number Specify the mobile phone number of the prospective customer Landline No Specify the land phone number of the prospective customer Office No Specify the office phone number of the prospective customer Fax Specify the fax number of the prospective customer Passport No Specify the
93. pleting the application entry and verification stages Auto Decision Required Check this box to enable auto decision on finance application If you check this box based on the applicant credit score auto decision mapping maintained in Auto Decision screen the system decides whether to approve reject recommend approval or recommend rejection of the application If you do not check this box the system will not make an auto decision with regard to approval of the application You can set the status of this check box only during Application Entry stage External Credit Check Required Check this box to enable external credit bureau service for credit evaluation of the finance applicant If you check this box the system will automatically initiate external credit check If you do not check this box the system will not initiate external credit bureau check The credit check initiation happens before underwriting stage Applicant Details Type Select the type of the customer from the drop down list provided The following options are available e Primary e Co Applicant Existing Check this box to indicate if the customer applying for the finance is an existing customer of the bank Default On clicking the default button after specifying the customer number the system displays the existing customer number On clicking the default button without specifying the customer number the new customer number gets defaulte
94. plied to a finance at underwriting stage Price Description Specify a brief description of the price ID Default Check this box to set this as the default price ID for the price group that you maintain Formula Click Formula button to define the pricing rule for each price ID You can define the formula using origination system elements in Oracle FLEXCUBE Formula Maintenance 10f1 Sequence Number Condition 1 ic Elements Index Functions Braces Operators i You can specify the following details here Sequence Number The sequence number is automatically generated by the system Condition The condition specified using the Elements Functions Operators etc gets displayed here Result Specify the result to be associated with the condition specified Elements Specify the data elements to be used to define the formula for pricing details or select the element from the option list provided 1 33 ORACLE Functions Select the mathematical function to be used to define the formula from the drop down list provided Braces Select the opening or the closing brace from the drop down list provided to define the pricing details formula Operators Select the mathematical operator to be used to define the pricing details formula You can select E Gi Sg or a Logical Operators Select the logical operator to
95. proval or Recommend Reject you need to manually verify and confirm the decision at this stage If the auto decision made by the system is Auto Reject then the application moves back to the application entry stage If any price group is associated with the application category then the system will apply auto pricing after proceeding the Application Entry stage by considering the default Price ID linked to the pricing group Further based on the selected finance offer the finance is applied and schedules are defaulted However at underwriting stage the underwriter may proceed or re apply the finance by selecting a different finance offer Any advices maintained for this stage are generated after the completion of the stage Step 8 Document Verification Stage In the Document Verification stage the documents captured in the previous stages are verified It is ensured that all documents in the checklist maintained are obtained from the customer In this stage the application and applicant information captured as part of the previous stages undergoes a final verification 1 100 ORACLE Users belonging to user role CMROLE are authorized to perform these tasks You can key in the Finance application details required in stisna Document Verification screen Islamic Istisna Document Verification Save vil Hold Application Category Lead Id Application Number Product Code Enquiry ID User Reference
96. ption for the finance origination stage Document Details Document Category Specify the category to which the document belongs or select the document category from the option list provided Document Type Specify the type of the document or select the document type from the option list provided Mandatory Select the option to indicate whether the document is mandatory or not You can select any of the following options from the drop down list provided e Mandatory e Overridden e Others BI Advices Report Name Specify the name of the advice report to be generated on completion of the process stage Template Specify the template to be used to generate the advice report Format Select the format in which the advice report needs to be generated from the drop down list provided The following options are available e PDF e RTF Locale Select the locale information to be used for generating the advices from the drop down list The following options are available e en US 1 24 ORACLE 1 11 1 Process Flow BPEL Report 1 12 Based on the details maintained on this screen you can generate a report from any stage of the process flow To generate this report from a particular stage you need to click the Document tab at that stage Under the frame Advices you have the option to generate this report You can generate the report only if you maintain ORRPICAL_en_US rtf as the template You can gene
97. rate this report in PDF or RTF formats Contents of the Report This report contains the following details of the finance account Field Description Financing Application Number The application number of the finance Approved Financing Amount The amount approved for the finance Tenor In Months Tenor in terms of months Applied On The date of application of the finance Profit Rate The rate of profit applicable on the finance Viewing Document Checklist Summary You can view a summary of the document checklists and advices in Document Details screen You can also query for a particular record based on desired search criteria You can invoke this screen by typing ORSDOCMT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button 1 25 ORACLE 1 13 Documents Details Authorization Status Process Code Records perpage 15 Authorization Status LE Record Status Application Category Advanced Search 1 Of 1 Record Status Process Code Application Category You can specify any of the following details to search for a record e Authorization Status e Record Status e Process Code e Application Category Click Search button to search for a record based on the search criteria specified You can double click a desired record to view the detailed screen Maintaining
98. rdware and documentation may provide access to or information on content products and services from third parties Oracle Corporation and its affiliates are not responsible for and expressly disclaim all warranties of any kind with respect to third party content products and services Oracle Corporation and its affiliates will not be responsible for any loss costs or damages incurred due to your access to or use of third party content products or services
99. re you can maintain the MIS details K Customer Mis Application Number IslamicijarahAccount389 gt Customer No 000000103 MIS Group WIS _GRP1 at Local Branch 000 Default From MIS Group PlLink to Group L Eo Customer MIS Classes 10m MIS Class MIS Code CUST CUST_C1 M NCUST CUST_NC1 F BUS_SEGMT AIR EA CU_REGION LON MiS Class Change Log Transfer Log 1 16 5 Capturing Customer Account MIS You can capture the MIS details for the Customer Accounts by clicking Customer Account MIS button in the Application Entry Screen The Customer Account MIS screen gets displayed where you can maintain the MIS details 1 48 ORACLE Customer Account MIS Applicaton Number IslamicaranAccount3ss Co Customer 000000103 Branch Code 000 Account 0000001234507 Account Class SAVIN Currency GBP Transaction MIS Composite MIS Cost MIS Transaction MISI 494 Composite MIS 1 Transaction MIS 2 Composte MES 2 Transacton MS 3 vv Composite MS 3 Transaction MiS 4 Composite MS 4 Transacton MIS at Composite MIS 5 Transaction MIS 6 Composte MiS 6 Transacton MIS 7 Composite MiS 7 Transacton MIS amp a Composite MIS 8 Transacton MIS 9 Composite MS 9 Transacton MIS 10 al Composite MIS 10 hange Log 1 16 6 Details Tab The address and employment related details of the customer corresponding to the Lead Id selected are displayed in this tab You can modify these details if required i
100. s Application Branch Specify the application branch Application Number System displays the application number of the customer User Reference Number Specify the user reference number for the finance application Priority Select the type of priority from the drop down list provided The following options are available e Low e Medium e High Status The status of the application gets displayed here Click Default button to default the details related corresponding to the prospective finance customer 1 16 3 Main Tab The details corresponding to the lead Id selected gets displayed in the Main tab once you click the Default button You can modify these details if needed Channel Specify the channel Id for the finance The adjoining option list displays all valid channels maintained in the system You can select the appropriate one Intermediary Group Specify the intermediary group The adjoining option list displays all valid intermediary group maintained in the system You can select the appropriate one KYC Required Check this box to indicate the KYC check is required for the customer If you check this box the system will evaluate a business rule Based on that rule the system initiates both Internal KYC and External KYC during application entry and verification stage 1 42 ORACLE If you do not check this box the system then skips the Internal KYC and External KYC stages after com
101. slamic Istisna Application Entry save ail Hold Application Category Leadid Application Number IslamicistisnaAccount5 Product Code Enquiry ID User Reference Description Application Priority Low Application Branch 007 Application Status ApplicationEnty Application Date 2012 05 15 Applicant Details Type Primary bd Local Branch Customer No Customer Name Main BREE Financial Requested Limit Collateral Comments Address Details Address Line 1 Country Address Line 2 Zip Address Line 3 Contact Number Address Type Permanent v E Current Employment Details Address Line 1 Extension Address Line 2 Contact Phone Address Line 3 Contact Name Country E Contact Extension Zip Comments Phone Number Department Employer Employment Type Full Time Occupation Designation Employee Id Documents Customer Dedupe Loan Dedupe Customer MIS Customer Account MIS Customer Account Fields Prev Remarks Remarks Audit In this screen you can capture multiple address and employment details if required 1 49 ORACLE 1 16 7 Financials Tab You can capture the financial details corresponding to the customer in this screen Islamic Istisna Application Entry Save il Hold Application Category B L
102. t Details 10f1 Reversed Payment Mode Settlement Currency SettlementAmount Financing Currency Equivalent Original Exchange Rate Exchange Rate Account r LH EZ Component Name AmountDue Adjustment Due Amount Overdue Amount NotDue Amount Waived Amount Capitalized lt m J Prepayment of Amortized Finance New Maturity Date Prepayment of Simple Finance Recomputation Basis Next Schedule Date Recomputation Basis A DlA Matrity Data ul Prev Remarks Remarks Audit This screen is identical to the CI Payment Detailed screen of Oracle FLEXCUBE Refer the chapter titled Operations in the Islamic Financing User Manual for further details about the other fields in the screen If everything is found acceptable select the action PROCEED in the textbox adjoining the Audit button in this screen and the process is completed Otherwise the process displays the following screen 1 104 ORACLE 2 1 2 Function ID List Screen Glossary The following table lists the function id and the function description of the screens covered as part of this User Manual Function ID Function Description ORDLEADM Prospect Details ORSLEADM Finance Prospect Details ORDRULMT Rule Details OR
103. ted to the finance offer like the number of installments finance branch frequency unit rate etc are displayed here Select the required offer by clicking the Check option and click then click the Apply button to apply the selected finance offer The details corresponding to the selected finance offer are displayed in Finance Details section You can modify these details if required and click Apply button to calcualte the schedule details The offers maintained at the category level is displayed in the multiple offers block The system compares the number of installments frequencies and unit with the value in the requested tab at application entry stage The rate in the offers block is compared with rate maintained in the pricing Id The system applies that offer which matches with the mentioned criteria in the offer block If the offer fails to match then a new row is added which will take its value from the pricing ID Hamish Jiddayah The system displays the calculated Hamish Jiddayah amount from the entry stage If the value is not given in the entry stage then the Hamish Jiddayah Amount gets calculated based on the Hamish Jiddayah Hamish Jiddayah The system captures the Hamish Jiddayah percentage value This value should not be a negative value However you can modify it Effective Date The system captures the effective date of user defined elements However you can modify it in the underwriting stag
104. the following fields Identification Number Enter the unique identification number associated with the vehicle Year Specify the year of manufacture for the vehicle Make Specify the make of the vehicle Model Specify the vehicle model Body Specify the vehicle body details 1 60 ORACLE Usage Specify the mileage used by the vehicle till date These details will be used at the underwriting stage to evaluate the vehicle For more details on capturing Collateral details refer the chapter titled Maintaining Collateral Details in Enterprise Limits and Collateral Management user manual 1 16 11 Comments Tab In this tab you can specify comments if any related to the finance application Islamic Istisna Application Entry Save vil Hold Application Category B Lead id P Application Number IslamiclstisnaAccount5 Product Code Hi Enquiry ID H User Reference Description E Default Application Priority Low X Application Branch 007 Application Status MAE Application Date 2012 05 15 Main Details Financial Requested Limit Collateral NER Comments 10f1 Serial No Comments Comment By Comment Date E 32474A01 2012 05 15 Documents Customer Dedupe Loan Dedupe Customer MIS Customer Account MIS Customer Account Fields Prev Remarks Remarks Audit You
105. tion Number IslamiclstisnaAccount5 Customer No 000000103 Requested Id 1424 External Agency AGENCY12 Report Header Bureau Credit Report Id FirstName Report Date MiddleName Unique Id Last Name On File Date Birth Date C Best Match summary 1E Trade Lines Public Records Collections Fraud Messages Inquiries Also Known As Consumer Statement Credit Scores Inquiries Auto eM Bank 12M Card 24M Retail Financing Qalac Financa Trade Lines Credit Bureau Report Application Number IslamiclstisnaAccount5 Customer No 000000103 Requested Id 1424 External Agency AGENCY12 Report Header Bureau Credit Report Id First Name Report Date MiddleName Unique Id Last Name On File Date Birth Date Best Match Summary 1 summary 2 BEE Public Records Collections Fraud Messages Inquiries Also Known As Consumer Statement Credit Scores Trade Lines 10f1 Creditors Name Status Type TypeCode PastDueAmt Balance BalanceDate OpenDate HistoryDate HistoryData 30 60 90 Cre 1 85 ORACLE Public Records Credit Bureau Report Report Header Bureau First Name MiddleName Last Name Birth Date Public Records 10f1 Application Number IslamicistisnaAccount5 Requested Id 1424 Customer No 000000103 External Agency AGENCY12 Credit Report Id Report Date Unique Id On File Date C B
106. tion with internal status displaying whether the customer information is available or not Click Review button to view all customer information and perform KYC and SDN checks 1 74 ORACLE KYC Review Application Number islamicijarahAccount389_ YC Review Details Local Branch First Name Middle Name Last Name Date of Birth Country Nationality 000 PAVIT PAVIT 1917 03 04 GB G8 KYC Maintenance Summary Authorization Status KYC Reference KYC Customer Type Records per page 15 I4 4 4 oilb Authorization Status Authorized Authorized Authorized Authorized Authorized Authorized Authorized Authorized Authorized Authorized Authorized H Record Status Open Open Open Open Open Open Open Open Open Open Open KYC Reference 000ZKYC112450005 001ZKYC112450004 001ZKYC112450005 001ZKYC112450007 001ZKYC112450001 001ZKYC112450002 001ZKYC112450003 001ZKYC112450006 019ZKYC112490001 022ZKYC121530002 WB1ZKYC121300003 Customer No 000000103 KYC Extenai Status KYC Extenal Remarks SON Status SON Remarks Record Status Failed Possible Match z Failed js Possible Match Full Name of Customer Risk Level Full Name of Customer MILLER WARDRU S CLARKS PULASCAR AAPOUL GOLDSMITH M COMMERZAG SUOP ALLENA PUAL S
107. top of the screen to acquire the next stage of the task The following message gets displayed on successful acquisition of the task gt Information Message Click Ok to proceed to the next stage which will again be the underwriting stage To select the acquired task for the next stage select Acquired under Standard option in the Task menu All the tasks that have been successfully acquired are displayed in the right side of the screen Search for your workflow reference number and click the Workflow Ref No to open stisna Underwriting screen The system will invoke the external valuation agency for vehicle evaluation You can view the details in the collateral tab In the collateral tab click the Evaluate button The system will check for the data within the FLEXCUBE database If there are none for the corresponding vehicle it will try to obtain the details from the external agency and display them in the Vehicle Evaluator screen Vehicle Evaluator Application Number IslamiclstisnaAccount5 Vehicle Id 41257 Collateral Code Vehicle Details Valuation Source N Model undefined Identification Number undefined Body undefined Year Usage undefined Make undefined Vehicle Valuations Wholesale Value Attribute Value Retail Value Total Value Usage Value Vehicle Attributes 10f1 E Attribute Description Attribute Code Attribute Value Package Included Selected
108. ty Low Application Branch 000 Application Status Underwriting Application Date 2012 03 05 basanan Main Details Financial Requested Limit Collateral Credit Score Bureau Ratio Financing MBN Charge Investigation Comments c tC i rinsing Auto v Explode Schedule _ iquidat lo io ol Waive Disburse Details Verify Funds Schedule Details 10f1 H Schedule Type Schedule Flag Formula FirstDue Date No ofSchedules Frequency Units Schedule Start Date E iv Payment v Normal X B Monthly X amp Documents KYC Review Customer Dedupe Loan Dedupe Customer MIS Customer Account MIS Customer Account Fields Vehicle Evaluator Bureau Report Loan MIS Loan Fields Prev Remarks Remarks Audit 1 93 ORACLE The following details related to the schedule are displayed here e Component name e Schedule type e First due date e Number e Frequency e Units e Amount For each component of the components listed the system calculates and displays the details like the Due Date Amount Due EMI Amount and Amortized Principal 1 16 19 Charges Tab In Charges tab the system calculates and displays charges if any applicable Islamic Istisna Underwriting Transaction Branch Code 000 Save vil Hold Application Category ISTISNA12 L
109. value associated with the asset Vehicle You can specify the following details for the asset type Vehicle Make Specify the make of the vehicle Model Specify the model of the vehicle Manufacturing Year Specify the year of manufacture of the vehicle Body Specify the body details of the vehicle Reg Specify the registration number of the vehicle Home 1 52 ORACLE Address Line 1 3 Specify the address of customer s residence in the three Address lines provided Width Specify the width of the customer s residence Length Specify the length of the customer s residence Occupancy Specify the number of people who occupy of the customer s residence 1 16 8 Requested Tab The details related to the requested finance corresponding to the Lead Id selected are displayed in this tab You can modify these details if required If you have selected an Enquiry ID for the customer then the requested details that have been stored for the corresponding finance proposal are displayed here islamic Istisna Application Entry Save wil Hold Application Category Lead Id Application Number IslamiclstisnaAccount5 E Product Code a3 Enquiry ID User Reference Description Default Application Priority Low Application Branch 007 Application Status Application Eni Mi Application Date 2012 05 15 L Main Details Financial EGMESIEM Limit Collateral Comments Requested Details

Istisna Creation User Manual

Contents

Download Pdf Manuals

Related Search

Related Contents