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Musharaka Creation User Manual

1. Offer Details 1010 Offer Id No of Installments Frequency Rate Code Spread Effective Rate Default o BI Maker 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 Ratio Id Specify the credit ratio to be associated with the application category or select the Ratio Id from the option list provided 1 13 1 Main Tab You can capture the following details in the Main tab 1 28 ORACLE 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 Offe
2. Stage Stage Title Description Roles Function Id Exit point 1 34 ORACLE Stage Stage Title Description Roles Function Id Exit point Application Entry The following details are captured as part of this stage Application Details Applicant Details Requested Finance Details Limits Information Collateral Details Check List User Defined Fields and Comments Document Capture CEROLE ORDMUSAE PROCEED Application Verification The details captured as part of Application Entry stage is verified CMROLE ORDMUSAV PROCEED Application Management Verification The details captured as part of Application Entry stage is verified if approval level is more than 1 ORDMUSMV PROCEED Internal Blacklist Check The Customer details captured as part of Application Entry stage can be verified for Internal Blacklist check ORDMUSKI PROCEED External Blacklist Check The Customer details captured as part of Application Entry stage can be verified for External Blacklist check ORDMUSKE PROCEED 1 35 ORACLE Stage Stage Title Description Roles Function Id Exit point Underwriting The following details are captured as part of this stage Applicant Financial Ratios Applicant Credit Score Applicant Bureau Report Finance Offers Finance Schedules
3. Collections Credit Bureau Report Report Header Bureau First Name MI Last Name Birth Date Credit Report Id Report Date Unique Id On File Date Best Match Summary 4 Summary 2 Trade Lines Public Records EE Fraud Messages Inquiries Also Known As Consumer Statement Credit Scores Collections i 4 40no gt dt O Creditors Name o Account Acct Balance High Balance Term Type Balance Date Open Date LastAct aud Messages Credit Bureau Report Report Header Bureau First Name MI Last Name Birth Date Credit Report Id Report Date Unique Id On File Date 1 Best Match Summary 1 Summary 2 Trade Lines Public Records Collections EEE Inquiries Also Known As Consumer Statement Credit Scores Fraud Messages Iq 4 40nO gt Dt Product Oo Oo Oo Message 1 90 ORACLE Inquiries Credit Bureau Report Report Header Bureau First Name MI Last Name Birth Date Summar 1 Summary Inquiries I 4 1000F gt I CO inquirer Name Credit Report Id Report Date Unique Id On File Date a Best Match rade Lines Pubic Records Colacions Fraud Messages A Also Known As Consumer Stateme Inquirer Subscriber Inquirer Industry Code InquiryDate Rate Shopping Duplicate Also Known As Credit Bureau Report Report Header Bureau First Name MI Last Name Birth Date Summary 1 Summary 2 Trade Lines Public Records C
4. Musharaka Application Entry New Workflow Reference Application Category Product Code Branch Code Date Priority Lead Id Enquiry ID Offline Application Number Main Details Financials Requested Limits Comments Collateral Details Collateral Id Collateral Description Collateral Currency Collateral Value Market Value Based Security Id Units Nominal Value Cap Amount Vehicle Details Identification Number Year Make Covenant Details 1010 Covenant Name 410001 Description Start Date End Date Collateral Category Collateral Type Linked Percentage Number Linked Amount Guarantor Based Guarantor Id Rating Model Body Usage Reversal Date Mandatory Low Grace Days Application Number User Reference Priority Low Status New Application Haircut Revision Date Charge Type Revaluation Date B Revaluate Collateral Valuation Source None Valuation Status NotR Notice Days Frequency Start Month Home Asset Vehicle Asset Equipment Asset Inventory Tracking Prev Remarks Remarks Audit Outcome In this screen specify the following details to facilitate vehicle evaluation Vehicle Details You can capture the details of the vehicle which is to be evaluated in the following fields Identification Number Enter the unique identification number associated with the vehicle Year Specify the year of manufacture for the v
5. Check List Comments Internal Credit Rating Rule Id 1016 Grade Category Question Answer Score o Risk Factor Details 1010 Risk Factor Description Vehicle Asset Equipment Asset Inventory Tracking 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 Answer Specify the answer to be associated with the question used for calculating the credit score Risk Factor Specify the risk factor associated with the finance if any Description Specify a suitable description for the risk factor associated with the finance 1 85 ORACLE 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 15 34 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 Musharaka Underwriting E New Workflow Reference Priority Application Category Lead Id Application Number Product Code Enquiry ID Branch Code Offline Application User Reference Date Number Pri
6. 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 Musharaka Underwriting screen The 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 Summary1 Credit Bureau Report Report Header Bureau Credit Report ld First Name Report Date MI Unique Id Last Name On File Date Birth Date a Best Match ER summary 2 Trade Lines Public Records Collections Fraud Messages Inq
7. Information Message O 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 Musharaka 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 Musharaka Application Verification screen 1 71 ORACLE You can also invoke this screen by typing ORDMUSAV in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Musharaka Application Verification New Workflow Reference Application Category Product Code Branch Code Date Priority Lead Id Enquiry ID Offline Application Number HB vetaiss Financials Requested Limits Collaterals Comments Channel Applicant Details 1010 Existing Customer No Country Nationality Language Customer Category Financial Currency Mobile Number Landline Number Email Fax Intermediary Code Default Customer Name Retail
8. 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 1 83 ORACLE Information Message D Acquire Successful 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 Musharaka Finance Underwriting Stage 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 Vehicle Details Valuation Source INTERNAL Model Identification Number Body Year Usage Make Vehicle Valuations Wholesale Value Attribute Value Retail Value Total Value
9. 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 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 ORACLE 1 74 information Message Information Message Acquire Successful Step 4 Internal Blacklist Check Stage The information against an Internal Black list of customers is 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 You can also invoke Musharaka KYC Internal Review screen by typing ORDMUSKYI in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button 1 75 ORACLE The task will be moved to the Assigned task list Go to the Assigned task list and double click on the record to invoke the following screen Musharaka KYC Internal Re
10. Lead ld Description Reason Date of Enquiry Customer IR Requested Address Details 4 150001 a Sequence Number Address Type Permanent a Mailing Employment Details 4 190121 y z Sequence Number Employment Type Part Time Employer Occupation Designation Employee Id Maker Date Time Checker Date Time Address Details Seq No Address Line 1 Address Line 2 Address Line 3 Address Line 1 Address Line 2 Address Line 3 Zip Country Phone Number Mod No Record Status Authorization Status Contact Number Zip Country Extension Contact Contact Name Contact Phone Contact Extension Comments Department Stated Years Stated Months The sequence number is automatically generated by the system 1 5 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
11. This can be stored as reference in the system to be retrieved when the actual finance process flow is initiated Stages in Musharaka Musharaka 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 Musharaka e Finance Application Capture Capture Customer Financial Asset Collateral Limits Document details e Application Verification e Application Management Verification Configurable e Internal Blacklist 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 Musharaka origination process flow is composed of following stages The following are different types of the asset categories in Musharaka Vehicle e Property e Project 1 1 ORACLE 1 3 e Goods e Build Materials e Service Ijarah e Equipment 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
12. Usage Value Vehicle Attributes 10f10 C Attribute Description Attribute Code Attribute Value Package Included 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 1 84 ORACLE For more details on capturing Collateral details refer the chapter titled Maintaining Collateral Details in Enterprise Limits and Collateral Management user manual 1 15 33 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 Musharaka Underwriting New Workflow Reference Priority Application Category Lead Id Application Number Product Code Enquiry ID Branch Code Offline Application User Reference Date Number Priority Default status TEN Main Details Financials Requested Limits Collaterals IE Bureau Ratio Financing Schedule Charges Investigation
13. Details Engine Number Specify the engine number of the equipment here Equipment Location Specify the location where the equipment is Street Specify the name of the street where the equipment is Area Select the area where the equipment is from the option list The different areas that you have maintained using the Limits Type Maintenance screen will be listed here for selection City Select the city where the equipment is from the option list The different cities that you have maintained using the Limits Type Maintenance screen will be listed here for selection Country Select the country where the equipment is from the option list The different countries that you have maintained using the Limits Type Maintenance screen will be listed here for selection Owners Specify the name of the person who owns the equipment Description Enter a description for the equipment Currency Specify the currency of the account Downpayment Specify the amount paid as down payment Asset Finance Amount Specify the amount financed for the asset 1 60 ORACLE 1 15 20 Specifying Seller Details Vendor Code Select the vendor code from the option list All the vendor codes maintained using the Vendor Maintenance screen is listed for you to select Vendor Name The vendor name corresponding to the vendor code selected is displayed here Selling Date Specify the date on which the equipment
14. Finance Charges Collateral Valuation Document Capture CMROLE ORDMUSUD VERIFY PROCEED Finance Approval Finance Approval CMROLE ORDMUSAR PROCEED Document Verification Document Verification Final Verification Customer Creation Finance Account Creation CMROLE ORDMUSDV PROCEED REJECT CANCEL Customer Finance Collateral Facility Account Creation The system task is used to create the following Customer creation Musharaka Account Creation Facility Creation Collateral Creation Finance Creation N A ORDMSCUS ORDMSLIA ORDMSLOA ORDMSCOL RETRY OR TERMINATE Sale Confirmation The outcome of the sale confirmation of the underlying assets triggers the Musharaka origination in the next stage ORDMSSAC PROCEED 1 36 ORACLE Stage Stage Title Description Roles Function Id Exit point 11 User Acceptance The outcome of the User acceptance on sale confirmation of the underlying assets triggers the Musharaka origination in the next stage ORDMSUSA ACCEPT REJECT 12 Disbursement of Musharaka Based on the outcome of the previous stage the disbursement of Musharaka for the underlying asset or moving the asset to inventory is decided N A 13 Manual Liquidation Based on the outcome of the User Acceptance stage the manual liquidation moving the as
15. First Name Middle Name Last Name Salutation Gender Date of Birth Mothers Maiden Name Passport Number Passport Issue Date Passport Expiry Date Marital Status Dependents Application Number User Reference Priority Status KYC Required Short Name National Id De dup Finances L Dadun f Finances gai Corporate Incorporation Date Capital Net Worth Business Description Country Account Account Number Branch Code Account Class Defauit Vehice Asset Equipment Asset vento Tracing 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
16. Generation In this stage generation of offer letter and sending the contractual agreements takes place 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 Users belonging to user role CMROLE are authorized to perform these tasks 1 102 ORACLE You can key in the Finance application details required in Musharaka Document Verification screen You can also invoke this screen by typing ORDMUSDV in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Musharaka Document Delivery New Workflow Reference Application Category Product Code Branch Code Date Priority Lead Id Enquiry ID Offline Application Number Application Number User Reference Priority Loy Status New Applicatior E Financials Requested Limits Collaterals Credit Score Bureau Ratio Financing Schedule Charges Investigation Check List Comments Channel Applicant Details 40710 Existing Customer No Country Nationality Language Customer Category Financial Currency Mobile Number Landline Number Email Fax Vetice Asset Eaioment Ascot inve
17. Low iad mm Te Default Status New Application Main Details Financials Requested Limits Collaterals Credit Score Bureau Ratio Financing Schedule Charges EE Check List Comments Invest 1010 gt Verification Type Documents KYC Review Home Asset Vehicle Asset Equipment Asset Inventory Tracking 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 97 ORACLE 1 15 40 Checklist Tab In this tab the system lists the checklists that are associated with the application category Musharaka Underwriting New Workflow Reference Priority Low Application Category Lead Id Application Number Product Code Enquiry ID Branch Code Offline Application Number Priority Low Deian Default Status New Application User Reference Main Details Financials Requested Limits Collaterals Credit Score Bureau Ratio Financing Schedule Charges Investigation a Comments Check List 1010 Check List Id Description Verified Comments o Vehice Asset Equipment Asset Inenion Tracking Prev Remarks Remarks Audit The following details are displayed in this screen e Checklist Id e Description Verified Check this box to indicate that checklist maintain
18. Risk Factor Question Details H 1010 Question Id Category Question o m Answer Details 1010 CO Sequence Number Possible Answer Maker Date Time Checker Date Time Record Status Authorization Status 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 1 10 ORACLE 1 5 1 1 5 2 Type Select the type of the finance from the following options available e Retail e Corporate Main Tab You can maintain 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 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 1 11 ORACLE Rule Maintenance New 4 Enter Query Rule Id Type Retail Account Description Corporate van Risk Factor i4
19. X s dsni asee a a aaa i i e eaa a a S eaa ae aai aE a AR 1 34 LISS Maim Tabrssenacrkene nan ae e e a e ea a ea eaa aa ae aae aaee a a aa 1 39 LISA Details Labisse asie ie a aaa aaa aa i aeea aa aai aE a AN 1 45 LIDS Financials Lab serken na aee i a i a eae e aka a a ea e aa aa aaia a aa a a a 1 46 II56 Req ested Tabisiesrenrnrireeseiee ieaie a i aia aE AiE coud E EA E RE EA 1 49 LAII Tamus TOD oooi aei A E e a E ENE EA E E E ER 1 51 TADS Collaterals TaD ierices e a a a E E a N 1 54 PADD Vehicle Asset iian E e e a a E E 1 55 1 15 10 Capturing Vehicle Information cccccccceeceeccesscesecesecesecusecaeecseeeseecacesseeseeeeseaesesecnaessaeceeeaaeeneees 1 56 1 15 11 Specifying Registration Details sisisisencessriiesieesiiie ocieka e i 1 57 1 15 12 Speciyine Vendor Details sosegar naina E a E E A 1 57 1 15 13 SPECI YING Amount Details gisca E E E R E E ER 1 58 1 15 14 Specifying Appraiser Details iccsscescesvtuczevecwssnsosssusteves lt sanendgnochendoewenensoonsdatuedtenvedulveubedsseywebonseu 1 58 115 15 Specifying Total Amount Details ccccccccscceecseescesccesecesecesecesecsecaeecaeeessesseesaeeseeeeeeeeeseeenaeenaeeaas 1 58 1 15 16 Specifying Insurance Details sessiooni nainen a Ea E E E E E 1 58 1 15 17 Speciyine Balance DetAUS cisse sesen e E E E E E wenseenouneeit 1 59 1 15 18 Egiupment ASS elinga a E E E E a E A 1 59 1 15 19 Specifying Equipment Details cccccsssessesssesseesecesecsseessecscecacecaasenseense
20. 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 New 73 Enter Query Lead id Description Reason Date of Enquiry Customer Details Requested 1010 Sequence Number Type Salutation First Name Middle Name Last Name National Id Primar Mr Short Name Country Passport Number Gender ale Nationality Passport Issue Date Date of Bith Language Passport Expiry Date Mothers Maiden Name Mobile Number Passport Issue Place Customer Category Landline Number Email Office Number Dependents Fax Marital Status Maker 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 1 2 ORACLE 1 3 1 Reason Specify the reason for the finance enquiry Date of Enquiry Specify the date when the prospective customer has made the enquiry about th
21. 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 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 1 4 ORACLE 1 3 2 Passport Issue Place Specify the place where the customer s passport was issued E mail Specify the e mail Id of the prospective customer 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 Details Tab You can capture the address and employment related details of the prospective customer in Details tab Prospect Details New 58 Enter Query
22. in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button 1 26 ORACLE 1 13 Documents Details Records perpage 15 v Authorization Status t Record Status v Process Code Application Category Search Advanced Search Authorization Status Record Status Process Code Application Category You can specify any of the following details to search for a record Authorization Status Record Status Process Code 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 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 27 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 New 3 Enter Query Application Category Financing Type Retail Category Description Rule Id Ratio Id Main Agency Product Details 1010 o Product Code Product Description Default
23. 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 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 1 104 The following message gets displayed on successful acquisition of the task K Sinformation Message Information Message 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 Musharaka Finance Document Verification screen Any advices maintained for this stage are generated after the completion of the stage 1 16 Message
24. of Birth Country Internal Internal Remarks Exter You can perform a check on the customer record against the blacklisted customer database 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 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 Information Web Page Dialog 21x MESSAGE REFERENCE The taskis completed successfully LCIP 004 Step 5 External Blacklist Check Stage 1 77 ORACLE The information against an external Black list of customers is 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 You can also invoke Musharaka External KYC Review screen by typing ORDMUSKE in the field at the top right corner of the Application tool bar and clicking the adjoining arrow butt
25. property is registered Title Deed Issued From Specify from where the title deed was issued Registration Number Specify the registration number of the property here Date Specify the date on which the property was registered Title Deed Issue Date Specify the date on which the title deed was issued Villa Apartment Number Specify the number of the villa or the apartment Building Compound Name Specify the name of the compound in which the building is located Street Name Specify the name of the street in which the property is located PO Box Specify the post office box number of the location where the property is located 1 64 ORACLE Emirate Select the Emirate where the property is by clicking on the option list The Emirates that you have maintained using the Limits Type Maintenance screen will be listed here for selection Area within Emirate Specify the area within the selected Emirate by clicking on the option list The different areas with Emirate that you have maintained using the Limits Type Maintenance screen will be listed here for selection Country Specify the country where the property Mortgage Degree Specify the degree of mortgage of the property Lot Number Specify the lot number of the property 1 15 25 Specifying Vendor Details Vendor Code Select the vendor code from the option list All the vendor codes maintained using the Vendor Maintenance screen a
26. the components listed the system calculates and displays the details like the Due Date Amount Due EMI Amount and Amortized Principal 1 95 ORACLE 1 15 38 Charges Tab In Charges tab the system calculates and displays charges if any applicable Musharaka Underwriting New Workflow Reference Priority Application Category Lead Id Application Number Product Code Enquiry ID Branch Code Offline Application Number Priority Low mm i Status New Application User Reference Main Details Financials Requested Limits Collaterals Credit Score Bureau Ratio Financing Schedule ill Investigation Check List Comments Details 10f10 gt bl ComponentName Schedule Date Event Code Currency Amount o H Vehicle Asset Equipment Asset Inventory Tracking Prev Remarks Remarks Audit The system calculates and displays the charge details associated with the finance The following details are displayed e Component Name e Event Code e Associated currency e Amount Waive Check this box to waive the charges associated with the finance 1 96 ORACLE 1 15 39 Investigation Tab In this tab the system captures the field investigation details associated with the customer Musharaka Underwriting New Workflow Reference Priority Low Application Category Lead Id Application Number Product Code Enquiry ID User Reference Branch Code Offline Application Number Priority
27. the vehicle from the option list All the vehicle maker codes that you have maintained in the Vehicle Maker Details screen are listed for selection Sub Model Select the sub model of the vehicle from the adjoining option list This list displays all models maintained using the Vehicle Maker Details screen Year Model Specify the year when the model was first launched 1 56 ORACLE Year of Manufacture Specify the year in which the vehicle was manufactured Engine Number Specify the engine number of the vehicle here This can be an alphanumeric value Chassis Number Specify the chassis number of the vehicle here 1 15 11 Specifying Registration Details Type Specify the registration type here You can choose from the following values in the adjoining drop down list e S Self e TP Third Party e N None Name Specify the name in which the vehicle is registered Emirate Select the emirate in which the vehicle was registered from the option list All the emirates maintained using the Limits Type Maintenance screen will be listed for you to select Registration Number Specify the registration number of the vehicle here Date Specify the date on which the vehicle was registered Delivery Date Specify the date on which the vehicle was delivered 1 15 12 Specifying Vendor Details Vendor Code Select the vendor code from the option list All the vendor codes maintained using the Ve
28. 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 1 105 ORACLE Step 11 User Acceptance Stage In this stage based on the outcome of the previous stage the sale confirmation of Musharaka origination in the next stage You can also invoke Musharaka User Acceptance screen by typing ORDMSUAC in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Musharaka User Acceptance Save vil Hold Branch Code Account Sale Date Remarks Prev Remarks Remarks The system creates a task Manual Liquidation in the Reject task list Task Details Task List Search i i Curbara Tan ta ear ii Atoris 6 Standard Erehe Wok Worl The Wy mi Currency fei ig Posat Aisig babe Acquired 0 Maids Fidd 28 eT Assigned 8 ia Bakeri retahahccourtn0 a intin AT eh 3008 oa Completed 1 Pendina 1 Supervisor 0 Step 12 Disbursement of Musharaka Stage In this stage based on the outcome of the previous stage the disbursement of Musharaka for the underlying asset or moving the asset to inventory is decided If sale is confirmed the system will t
29. 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 e Retail e Corporate 1 21 ORACLE 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 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 Sel
30. 44070 gt gt I Risk Id Account Description Formula o o Er mi Maker Date Time Checker Date Time 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 The Formula screen is displayed where you can specify the condition for calculating the credit score associated with a risk condition 1 12 ORACLE 1010 o Sequence Number Condition Result Elements 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 pro
31. A EEE EAE EEE EAEE 1 15 1 7 1 SPECH YING Formula Details rissin E A ote ebtetaed Nass eels 1 16 1 8 VIEWING CREDIT RATIO SUMMARY isis idsesccccdeie s sec0ee5s covassensiccasessdususee se cdssdessebeececdcedses sdebee tesdebdssoaceaeeerss 1 19 1 9 MAINTAINING OVERRIDE DETAILS sssesccscssssssoscctsscecssoesevsscnssesssesssorsesesssosssbetecssessssvscateccesssosssoceaeserss 1 20 1 10 VIEWING OVERRIDE SUMMARY ccsssssssccececsessnsccecececeessnaececececsessaaeeecececeessaaeaecececeessuaeaeceeseseneaeaeceeeesenss 1 23 1 11 MAINTAINING DOCUMENT CHECKLIST AND ADVICES ccc cccccccsessssceccceceesesseaesececeessnssaeeeeeceesenseaeeeeeeeenes 1 24 1 12 VIEWING DOCUMENT CHECKLIST SUMMARY ccccccccccccsesessececececsessssecesececeeseseeesececeesssasaeseceeeeseneaeeeeeeeenes 1 26 1 13 MAINTAINING APPLICATION CATEGORY DETAILS ccccsesssceeececsesseaeeecececeesseaeceeececsesseaeseeeesesesennsaeeeeess 1 27 LIS Main LGD ves iesecscocetices westeces ccevtvcstabecies cededexswestinesscevacaetsasotes E E Ee R eea 1 28 LIZZ Agency TAD erene ekna EE EEEE ES E E EA E A ETE EEE ET RR 1 30 1 14 VIEWING APPLICATION CATEGORY SUMMARY ccccccccccsessssseceescecsesseaeeeeececeeseaaeceeseecsesssaeseseesceesenssaeeeeess 1 31 1 15 STAGES IN MUSHARAKA FINANCE ORIGINATION cccccessessssscececececsesseaesecececeesnaaeceeececsenseaeseseceeeeseneaeseeess 1 32 FISA Process Flow DIGG 1am siisii niian a a Ei E AERE EEEE ENA EEE REES 1 33 LIS Process MEI
32. Musharaka Creation Oracle FLEXCUBE Universal Banking Release 12 0 June 2012 Oracle Part Number E51527 01 ORACLE FINANCIAL SERVICES ORACLE Origination of Musharaka 1 Table of Contents MUSHARAKA ORIGINATION sccsssssssssccssssssoscsvassessctvesesussossvecsiovssconsecsesecsscseasssssaccosensvesesecsosssbuscoecetasieseebanse 1 1 1 1 INTRODUCTION cess des oes ceriecsheancecied a E E 1 1 1 2 STAGES INV USHARAKA 2225 cicesueschewsiis tvuhsonks EEEE E E E ASE E E EE EES 1 1 1 3 MAINTAINING FINANCE PROSPECT DETAILS ccccecsessscecececsessaececececeesesusesececeesseaaeseeseecsesseasseeececeesenaees 1 2 1 3 1 7o Aa TAD AEEA EA EE EA AEE EE ET E EA E T E 1 3 1 3 2 IBTA AIRA TAD ANAE A EA E E E E A 1 5 1 3 3 Reqiested TaD AAA E E T E A nase eoeueese 1 8 1 4 VIEWING FINANCE PROSPECT SUMMARY c ccscccceesssssseceeececsesseaececececeesenaesecececsensaneeesececeeseseaeseeceeesessaaseeeees 1 9 1 5 MAINTAINING CREDIT RATING RULES 5 053 s0sccccsesssessdccecsscasssieceiccaceassesucebes cdasessasbasecs ccssevdesteeeececeassouccaederss 1 10 1 5 1 Mam Tabea a a S 1 11 1 5 2 Risk ACLOM Ta Doae a A a ee SR 1 11 1 5 3 Specifying Credit Grades sist vosressesgtisisat dieetescsecletigatadge pies A E a 1 14 1 6 VIEWING CREDIT RULE SUMMARY 2ceiisisscscsccdcdelasesee cieees cdeasvlesaccacessdsauceuss d besaaeaucesbedesebadeaWeeebesarboudeateeres 1 14 1 7 MAINTAINING CREDIT RATIOS ssicssccctissdsdscencecdesu dense coedes a E
33. Requested Limits Collaterals Comments Channel Intermediary Code KYC Required Applicant Details 100 o Existing Customer No Default Type Customer Name Short Name National Id De dup Finances Detautt emi o Country Retail Corporate Nationality First Name Incorporation Date Language Middle Name Capital Customer Category Last Name Net Worth Financial Currency Salutation Business Description Mobile Number Gender Country Landline Number Date of Birth cou Email Mothers Maiden Name Account Number Fax Passport Number Branch Code Passport Issue Date Account Class Passport Expiry Date EZTI Default Marital Status Dependents Documents Home Asset Vehicle Asset Equipment Asset Inventory Tracking 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 Musharaka 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 38 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 s
34. Status Application Category Category Description Financing 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 detailed screen Stages in Musharaka Finance Origination The different stages in Musharaka process flow are designed using Oracle BPEL framework The process of finance origination consists of several manual as well as system tasks carried out ina 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 1 32 ORACLE gt Applicant Information gt Application details gt Requested Finance Details gt Collateral Details gt Checklist gt Documents gt Advice Generation Application Verification gt Information captured during Application Entry stage is verified gt Advice Generation Underwriting gt Collateral Valuation Information gt Applicant Financial Ratios gt Appli
35. an 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 1 48 ORACLE Home 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 15 6 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 Musharaka Application Entry New Workflow Reference Priority Low Application Category Lead Id Application Number Product Code Enquiry ID Branch Code Offline Application Number Priority Low ae Detour Status New User Reference Main Details Financials Limits Collaterals Comments Financing Requested Currency Rate Requested Amount Hamish Jiddayah Tenor In Months Promotion Id Vehicle Asset Equipment Asset Invento
36. ance 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 Record Status Lead Id Date of Enquiry Advanced Search Records per page 15 v Ta Authorization Status Record Status Lead Id Date of Enquiry You can specify any of the following details to search for a record 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 1 9 ORACLE 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 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 Rule Maintenance New 5 Enter Query Rule Id Type Retail Account Description Corporate BM
37. ask 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 1 99 ORACLE The following message gets displayed on successful acquisition of the task Q Sinformation Message Information Message 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 Musharaka Finance 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 Musharaka Application Approval screen You can also invoke this screen by typing ORDMUSAR in the field at the top right corner
38. cant Credit Score gt Applicant Bureau Report gt Finance Offers gt Finance Schedules gt FINANCE Charges gt Field Investigation gt Document Capture Finance Approval gt Information captured during Previous stages are verified Document Verification gt Information captured during Previous stages are verified gt All documents obtained are verified against checklist Customer Customer Account Contract Collateral Creation gt Customer Creation gt Customer Account Creation gt Finance Account Creation gt Collateral Creation Sale Confirmation User Acceptance Disbursement of Musharaka Manual Liquidation The various tasks carried out in these stages will be explained in detail in the subsequent sections 1 15 1 Process Flow Diagram The process flow diagram given below illustrates the activities carried out during the different stages of the workflow 1 33 ORACLE Initiate Input Loan Application Capture Proceed Return Sureav ehic Valuation N Valuation Req Reg Yes Yes Approval Required Loan Approval Proceed Document Verification Proceed oceed Proceed Yes Yes Financial Details Upload Pri Disbursement Request Liquidation Moving to Stock 1 15 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
39. core TaD y encena e E E E E E E E E E EEA 1 85 1 15 34 Bureau TaD scrie E E EA E E E EOE A EE E O EA EEA 1 86 1 15 35 TROMOS CE abeere E E E A EE ss E EAE 1 92 1 15 36 Financing Labisse ne E E E E A E E E 1 94 1 15 37 Schedule TADS ssr ioken aa E E A E A E A E E AE OE 1 94 1 15 38 CHAI GOS TaD eisa E A E E E E E E 1 96 1 15 39 Mmv sication Tabs suore aon a E tend Metastases E hra o a a E Eaa Ea 1 97 1 15 40 Checkist LaDainian a e E E E E E E E O 1 98 1 15 41 Comments Tab reissen in a e EE E EE E E R 1 99 1 16 MESSAGE GENERATION ssec eee aaaea aae Ea EE En AE EEA EE EEEE En OE EENE e NEESS 1 102 ORACLE 1 1 1 2 1 Musharaka Origination Introduction The process of Musharaka 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
40. 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 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 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 arrived 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 Eff
41. e Users Customer Name Amount Creation Date Priority Acquire RetailLending1362 Ps Document Verification ALLROLES READ 06 29 20 13 10 IST Low 7 nai Retaillending1461 y Application Entry ALLROLES ALLREAD 2010 07 01 18 41 27 IST Pending 0 C Retaiendinats64 3 Application Entry ALLROLES ALLREAD 2010 07 01 18 57 11 IST Supervisor 0 OpenSavingsAccount1465 _ Receive And Verify ALLROLES RCSEROLE ALLREAD 2010 07 01 19 06 37 IST C Qvencurrentaccount466 _ RecieveandVerifyCustDetalis ALLROLES ALLREAD 2010 07 01 19 07 20 IST RetailLending1 467 F Application Entry ALLROLES ALLREAD 2010 07 01 19 07 44 IST C Retaillending 469 H Application Entry ALLROLES ALLREAD 2010 07 01 19 45 10 IST Retail ending1471 Application Entry ALLROLES ALLREAD 2010 07 01 19 55 02 IST C RetaiLending1254 A Document Verification ALLROLES ALLREAD 2010 07 02 11 24 3 RetailLending1478 F Underwriting ALLROLES ALLREAD 2010 07 02 14 14 12 IST Low Action Time PickUp Time User ID User Name Action Code Action Description Branch Remarks Menu Workflow B customer My Dash Board 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 70 ORACLE information Message
42. e 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 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 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 1 3 ORACLE Date of Birth Specify the date of birth of the customer or select the date by clicking the Calendar icon provided 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
43. ect the opening or the closing brace from the drop down list provided to define the conditions for generating override messages 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 the conditions for generating override messages You can select lt gt lt gt gt lt AND or OR 1 22 ORACLE 1 10 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 Override Maintenance Authorization Status v Record Status v Process Code a Application Category Advanced Search Records perpage 15 v 4 0F 4 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 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 23 ORACLE 1 11 Mainta
44. ective 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 1 52 ORACLE 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 the total pool amount utilized at any point in time 1 53 ORACLE 1 15 8 Collaterals Tab You can capture the details related to the collaterals provided by the customer in this tab
45. ed has been verified for the customer Comments Specify comments if any associated with the finance application 1 98 ORACLE 1 15 41 Comments Tab In this tab you can capture the comments by the users Musharaka Underwriting New Workflow Reference Priority Application Category Lead Id Application Number Product Code Enquiry ID Branch Code Offline Application Date Number Priority Default Status New Applicatic User Reference Main Details Financials Requested Limits Collaterals Credit Score Bureau Ratio Financing Schedule Charges Investigation Check List IA Comments 1010 Sequence Number Comments Comment By Comment Date Vehicle Asset Equipment Asset Inventory Tracking Prev Remarks Remarks Audit You can capture the following details Comments Specify comments if any to be associated with the finance application Comment Type Specify the type of the comment given 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 On successful completion a message stating that the t
46. ed if information is captured for the same ORACLE 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 ORDMSCUS ORDMSLIA ORDMSLOA ORDMSCOL screens respectively 1 104 ORACLE Step 10 Sale Confirmation Stage In this stage the sale confirmation of the underlying assets generate the Musharaka origination through Sale Confirmation screen You can invoke this screen by typing ORDMSSAC in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Tawarooq Sale Confirmation New Workflow Reference Priority Low Branch Code Account Sale Date Remarks Tawaroog Details Tawaroog Dealer Account 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
47. ehicle Make Specify the make of the vehicle 1 54 ORACLE Model Specify the vehicle model Body Specify the vehicle body details 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 15 9 Vehicle Asset Click Vehicle Asset button Musharaka Application Entry screen to invoke Vehicle Asset screen Vehicle Asset Application Number Vehicle Details Asset Sequence Number Asset Status Asset Type Asset Category Chassis Number Registered Registration Type Registration Name Registration Emirate Registration Number Registration Date Delivery Date Amount Details Currency Requested Finance Amount Percentage Amount Appraised 4 100f21 gt Class Color No of Cylinders Vehicle Condition Description Vendor Details Vendor Code Agent Sales Name Agent Name Agent Branch Total Amount Details Hamish Jiddayah ehicle Value Maintenance Cost Insurance Amount Asset Finance Amount Year of Manufacturing Maker Code Sub Model Year Model Engine Number Appraiser Details Appraiser Name Appraiser Value Appraiser Date Insurance Details Insured By Bank Insurance Company Premium Amount Balance Detai
48. elected 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 process Offline Application Number Specify the application number captured in an offline mode if any Application Number Specify 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 Status The status of the application gets displayed here Click Default button to default the details related corresponding to the prospective finance customer 1 15 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 Code Specify the intermediary code The adjoining option list displays all valid intermediary code maintained in the system You can select the appropriate one KYC Required Check this box if the KYC is required For existing customers of the bank you need to specify the following details 1 39 ORACLE Existing Check this box to ind
49. ended Remarks Specify remarks if any associated with the finance application Status The following statuses are available e Initiated e Completed 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 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 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 Q Sinformation Message Information Message Acquire Successful 1 87 ORACLE
50. eseesseeseeeseeeseesaeenaeenaeeaes 1 60 1 15 20 Specifying Seller Details seisucserderpisiesnvoensesseosdenscascdpeseesedensouoonoudtensiobsonradgadsapsaibisubeipad sensdendeusieese 1 61 1 15 21 Specifying BALANCE Details 2 cscssesiscesnconsctiseosienscnsedpidtestasnsenvoteudsensiepionnadgndsustaanisvmesgadsentientounesse 1 61 1 15 22 Specifying Evaluator Details cccccscccsceessessseesseeseesscesecesecesecaecacecacecseeeseeeseeseeeeeeeeeseaeesaeceaeenaeeaes 1 61 1 15 23 PHOPCTLY ASS etsien aena E A E SEEE a E E E aaa 1 62 1 15 24 Capturing Property Details seccc sescsansassschesvnassosibns susevensconaaes sosvensesseosdenisussdeeataseaibaedoetouttontsbocenneaes 1 63 115 25 Specifying Vendor Details ccccccccssssssscsesscsseeseeseessesecsceesceseecesseeseesecaeeeeesaseeesaeeaeeaeeaeeeeseaseneeaees 1 65 ORACLE 1 15 26 SPECI YING Amount DetailSieissrr kensa a E E E sete E A E uid EE R 1 65 1 15 27 SPECI YING Insurance Derails setrineoiscnsiidi ni aoi e E E EE E E E E ER 1 66 1 15 28 SPECI YING Evaluator Derails oi ssevesscestackieendesndeineusbetaedsouesGpitechinnodecpeatnet E EE E A EER 1 66 1 15 29 SPECI YING Balance Details ossiani aiii EE EE EE E E E A E 1 66 1 15 30 Comments TAD arinaren ea E E E EE EE a E r 1 67 1 15 31 Capturing Document Details c ccceccecceecceecesecesecesecuseceecaeecaeeeseeceeeeeeeeeseseseaecaeceaesaaesaeeaeeeaaees 1 68 1 15 32 Collateral Tabire e A E E O EE EE E EE N E EA EERE 1 81 1 15 33 Credit S
51. etails 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 1 107 ORACLE ORACLE Musharaka Creation June 2012 Version 12 0 Oracle Corporation World Headquarters 500 Oracle Parkway Redwood Shores CA 94065 U S A Worldwide Inquiries Phone 1 650 506 7000 Fax 1 650 506 7200 www oracle com financial_services Copyright 2012 Oracle Financial Services Software Limited All rights reserved No part of this work may be reproduced stored in a retrieval system adopted or transmitted in any form or by any means electronic mechanical photographic graphic optic recording or otherwise translated in any language or computer language without the prior written permission of Oracle Financial Services Software Limited Due care has been taken to make this document and accompanying software package as accurate as possible However Oracle Financial Services Software Limited makes no representation or warranties with respect to the contents hereof and shall not be responsible for any loss or damage caused to the user by the direct or indirect use of this document and the accompanying Software System Furthermore Oracle Financial Services Software Limited reserves the right to alter modify or otherwise change in any manner
52. generated when you click the P button after specifying the account class Account Class Specify the account class or select the account class of the customer from the option list provided 1 42 ORACLE Click Default button to view the account generation details through Account Number Generation screen amp Account Number Generation Account Class Account Currency Customer No Account Currency Type Account Code Account Mask 1 15 3 1 Dedupe You can verify if the customer details are duplicated by clicking the Dedupe button Duplicate Customer List screen gets displayed where any duplicate customer details are displayed amp Duplicate Customers List Duplicate Customers List d 10710 gt gt I O FirstName Last Name Short Name National Id Customer Category Date of Birth You can enter the following details First Name Specify the First name of the customer Last Name Specify the Last name of the customer 1 43 ORACLE Short Name Specify the short name of the customer National Id Specify the National Identification Number of this customer Customer Category In this category you can classify customers of your bank Date of Birth Specify the date of birth of the customer E Mail Specify the E mail address of this customer Passport Number Specify the passport number of customer Mobile Number Specify the customer s mobile phone number on which the
53. he 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 41 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 Dependents Specify the number of family members children and others who are dependent on the customer financially You can indicate 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 Number The account number gets
54. hicle model 1 82 ORACLE 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 the 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 RECOMMENDED e NOT RECOMMENDED e COMPLETE e NO DATA 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 To acquire the next stage you need to go to the Task menu and select Assigned
55. icate if the customer applying for the finance is an existing customer of the bank Customer No For existing customers you need to select the customer number from the option list provided Click Default button to default the details of existing customers Type Select the type of customer from the drop down list provided The following options are available e Primary e Co Applicant Customer Name Specify the name of customer Short Name Specify the short name of the customer National Id Specify the notional identification of the customer Applicant Details Country This is the country as given in the address of correspondence of this 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 financial 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 40 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 t
56. ining 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 completion of a stage in the process 1 24 ORACLE 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 amp Advice Maintenance New 5 Enter Query Process Code Application Category Process Stages 4 100901 Stage Stage Document Details 10110 Document Category Document Type Mandatory Oo o Mandator mi BI Advices 1010 Report Name Template Format Locale o o PDF en US O Maker 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 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
57. is process is given below Stage Title Function Id Doc Upload Available Not View Available Not Callform Available Available Exists Application ORDMUSAE Available Available Available Entry Application ORDMUSAV Available Available Available Verification Application ORDMUSMV Available Available Available Management Verification Internal ORDMUSKI Available Available Available Blacklist Check External ORDMUSKE Available Available Available Blacklist Check Underwriting ORDMUSUD Available Available Available Loan Approval ORDMUSAR Available Available Available Document ORDMUSDV Available Available Available Verification 1 69 ORACLE Stage Title Function Id Doc Upload Available Not View Available Not Callform Available Available Exists Customer ORDMSCUS Available Available Available Account ORDMSLIA Facility Loan ORDMSLOA Collateral ORDMSCOL Creation Sale ORDMSSAC Not Confirmation Available User ORDMSUSA Not Acceptance Available Disbursement of Musharaka Manual ORDMSPMT Not Liquidation Available To acquire the next stage you need to go to the Task menu and select Assigned under Standard option Task Details A EEEE page 1 of 6 gt DD Jumptopaoe TE Search u E Standard Workflow RefNo Txn Ref No Title As Assigne
58. list The options available are e C Contractor e N Consultant e P Project Manager Chosen By Select by whom the property is chosen from the drop down list The options available are e B Bank 1 66 ORACLE e C Customer Code Select the vendor code from the options list available Name The name of the vendor is displayed here Account Value Specify the value of the account here Date Specify the date of the contract here Construction Start Date Specify the date on which the construction of the property started Proposed Completion Date Specify the proposed date of completion of the property 1 15 30 Comments Tab In this tab you can specify comments if any related to the finance application Musharaka Application Entry New Workflow Reference Priority Low Application Category Lead id Application Number Product Code Enquiry ID Branch Code Offline Application User Reference pate Number Priority Low Status New Application Main Details Financials Requested Limits Collaterals M Comments 10f10 Sequence Number Comments Comment By Comment Date Home Asset Vehicle Asset Equipment Asset Inventory Tracking Prev Remarks Remarks Audit You can specify the following details here 1 67 ORACLE Sequence Number The sequence number is automatically generated by the system Comments Specify comments if any to be associated with the fi
59. ls Outstanding Asset Amount Here you can capture the following details Account Number The account number is defaulted from the Account Details Main screen Asset Sequence Number The system generates a sequence number for the asset and displays it here 1 55 ORACLE Status The status of the asset is displayed here The statuses available are Active and Settled During account initiation the status will be Active Once the prepayment of the asset begins the asset will be completely settled Then the status will change to Settled An asset can only be completely settled No partial payment is allowed 1 15 10 Capturing Vehicle Information Asset Type Select the type of asset from the drop down list The options available are e New New Asset e Used Used Asset Asset Category Select the category to which the asset belongs from the option list This list displays all options maintained using the Limits Type Maintenance screen Application Number Specify the application number for the asset here Color Specify the color of the vehicle Class Specify the class of the vehicle Number of Cylinder Specify the number of cylinders for the vehicle This has to be a numeric value Vehicle Condition Describe the condition of the vehicle Vehicle Description Enter a description for the vehicle For example Car Van etc Make Select the code indicating the make of
60. mer 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 New 5 Enter Query Lead Id Description Reason Date of Enquiry Customer Details Requested Financing Requested Rate Currency Hamish Jiddayah Requested Amount Hamish Jiddayah Amount EMI 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 Hamish Jiddayah Specify the percentage of amount that the prospective customer can provide as Hamish Jiddayah Hamish Jiddayah Amount Specify the preferred amount that the prospective customer can provide as Hamish Jiddayah 1 8 ORACLE 1 4 Viewing Finance Prospect Summary You can view a summary of the prospective finance customers or the borrowers in Fin
61. mount Collateral Effective Line Amount Additional Line Amount KYC Review Vehicle Asset Equipment Asset Inventory Tracking 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 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 1 51 ORACLE 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 Liability code has been assigned to every credit seeking customer and the credit facilities granted to the customer are
62. n Category Lead Id Application Number Product Code Enquiry ID Branch Code Offline Application User Reference Date Number Priority Low Default Status New Application Main Details Financials Requested Limits EEE creait score Bureau Ratio Financing Schedule Charges Investigation Check List Comments Collateral Details 4 150f61 gt Start Date Haircut Collateral Id End Date Revision Date Collateral Description Collateral Category Charge Type Collateral Currency Collateral Type Normal Revaluation Date Linked Percentage a Revaluate Collateral Number Linked Amount Collateral Value Market Value Based Guarantor Based Security Id Guarantor Id Units Nominal Value Rating Cap Amount Vehicle Details Identification Number Model Valuation Source None Year Body Valuation Status Not Required s Make Usage Covenant Details K 4 1070 gt O Covenant Name Description Reversal Date Mandatory Grace Days Notice Days Frequency Start Month Documents KYC Review Vehicle Asset Equipment Asset Inventory Tracking 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 Model Specify the ve
63. nance application Comment Type Specify the type of the comment given Comment Date Specify the date on which the comment was given or select the date by clicking the Calendar icon 1 15 31 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 Main Advices Document Upload 10710 C Document Category Document Reference Document Type Upload View 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 1 68 ORACLE Upload Click Upload button to open the Document Upload sub screen The Document Upload sub screen is displayed below Document Upload Document Path Browse In the Document Upload sub screen specify the corresponding document path 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 Musharaka Lending process Document Upload feature is not available in all the stages Its availability in th
64. ndor Maintenance screen are listed for you to select Vendor Name Once the Vendor code is selected the corresponding vendor name is defaulted here Agent Sales Staff Name Specify the name of the agent sales staff 1 57 ORACLE Agent Name Specify the name of the agent Agent Branch Specify the agent branch 1 15 13 Specifying Amount Details Currency Specify the currency of the account Requested Amount Specify the amount requested to be financed Amt Financed Appraised Value Specify the percentage of amount financed that is appraised 1 15 14 Specifying Appraiser Details Appraiser Name Specify the name of the appraiser here Appraised Value Specify the value appraised Appraisal Date Specify the date on which the appraisal was done 1 15 15 Specifying Total Amount Details Downpayment Specify the amount paid as down payment Vehicle Value Specify the value of the vehicle Maintenance Cost Specify the maintenance cost of the vehicle Insurance Amount Specify the insurance amount for the vehicle Asset Finance Amount Specify the amount financed for the asset 1 15 16 Specifying Insurance Details 1 58 ORACLE Insured By Bank Check this box to indicate that the asset is insured by the bank Insurance Company Select the name of the company through which the assets is insured Premium Amount Specify the premium amount to be paid for the insurance 1 15 17 Specifyi
65. 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 72 The following message gets displayed on successful acquisition of the task nformation Message Information Message D 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 You can key in the finance application details required in Musharaka Application Management Verification screen You can also invoke this screen by typing ORDMUSMV in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button 1 73 ORACLE amp Musharaka Application Management Verification New Workflow Reference Application Category Product Code Branch Code Date Priority Lead Id Enquiry ID Offline Application Number BA i Financials Requested Limits Collaterals Comments Channel Applicant Details 1010 Existing Customer No Default Type Intermediar
66. ng Balance Details Outstanding Principal The outstanding principal on the account for this vehicle is displayed here Outstanding Profit The outstanding profit on the account for this vehicle is displayed here 1 15 18 Equipment Asset Click Equipment Asset button Musharaka Application Entry screen to invoke Equipment Asset screen Equipment Asset Application Number Equipment Details 4 12021 Equipment Location Asset Sequence Number Street Asset Status oes O City Owner Country Hamish Jiddayah Engine Number Description c Asset Finance Amount Currency Seller Balance Details Vendor Code Outstanding Principal Sell Date Invoice Number Invoice Date Equipment Evaluation Details 1010 Evaluator Name Evaluator Value Evaluator date Here you can capture the following details Account Number The account number is defaulted from the Account Details Main screen 1 59 ORACLE Asset Sequence Number The system generates a sequence number for the asset and displays it here Status The status of the asset is displayed here The statuses available are Active and Settled During account initiation the status will be Active Once the prepayment of the asset begins the asset will be completely settled Then the status will change to Settled An asset can only be completely settled No partial payment is allowed 1 15 19 Specifying Equipment
67. ntor Tratng Prev Remarks Default Type Intermediary Code Customer Name Retail First Name Middle Name Last Name Salutation Gender Date of Birth Mothers Maiden Name Passport Number Passport Issue Date Passport Expiry Date Marital Status Dependents Remarks Short Name KYC Required National Id De dup Finances Ee eee mi Corporate Incorporation Date Capital Net Worth Business Description Country Account Account Number Branch Code Account Class 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 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 Step 9 Customer Finance Collateral Facility Account Creation In this final stage the finance and collateral are created Customer is also created if the applicant is anew customer Customer account is also creat
68. nvestigation Agency 100 gt gt I o Agency Code Verification Type o Maker Date Time Mod No Checker Record Status Date Time Authorization Status You can specify the following details in this screen 1 30 ORACLE Credit Agency You can capture the details related to the credit rating agencies here Agency Code Specify the identification 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 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 31 ORACLE 1 15 Category Details Authorization Status Record Status Application Category a Financing Type Advanced Search Records per page 15 v 1 Of 1 a Authorization Status Record
69. of the Application tool bar and clicking the adjoining arrow button 1 100 ORACLE Users belonging to user role CMROLE are authorized to perform these tasks Tawaroog Application Approval New Workflow Reference Application Category Product Code Branch Code Date Priority Lead Id Enquiry ID Offline Application Number Low Application Number User Reference Priority Low Status New Application E cetais Financials Requested Limits Collaterals Credit Score Bureau Ratio Financing Schedule Charges Investigation Check List Comments Channel Applicant Details 100 C Existing Customer No Intermediary Code Default Type Customer Name DESNE iman KYC Required Short Name National Id De dup Finances i Gee Country Nationality Language Customer Category Financial Currency Mobile Number Landline Number Email Fax Retail First Name Middle Name Last Name Salutation Gender Date of Birth Mothers Maiden Name Passport Number Passport Issue Date Passport Expiry Date Marital Status Dependents Corporate Incorporation Date Capital Net Worth Business Description Country Account Account Number Branch Code Account Class tic ae snk ok onan Ta 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
70. ollections Fraud Messages inquiries Consumer Statement Credit Scores Also Known As H 4 10710 gt gt I First Name o m Credit Report Id Report Date Unique Id On File Date BestMatch Last Name Spouse FirstName 1 91 ORACLE Consumer Statements Credit Bureau Report Report Header Bureau Credit Report Id First Name Report Date MI Unique Id Last Name On File Date Birth Date a BestMatch Summary 1 Summary 2 Trade Lines Public Records Collections Fraud Messages Inquiries Also Known As Consumer Statement Credit Scores Consumer Statement 10f10 Reported Date Text u o o Oo Credit Score Details Credit Bureau Report Report Header Bureau Credit Report Id First Name Report Date MI Unique Id Last Name On File Date Birth Date fa Best Match Summary 1 Summary 2 Trade Lines Public Records Collections Fraud Messages Inquiries Also Known As Consumer Statement i Credit Scores Score Model Score Factor Score 1 15 35 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 92 ORACLE Musharaka Underwriting New Workflow Reference Priority Low Application Category Lead Id Application Number Product Code Enquiry ID Branch Code Offline Application User Reference Date Number Priority Low New Application Main Details Financial
71. on 1 78 ORACLE The task will be moved to the Assigned task list Go to the Assigned task list and double click on the record to invoke the following screen Musharaka KYC External Review New Workflow Reference Priority Low Application Category Lead Id Application Number Product Code Enquiry ID Branch Code Offline Application User Reference Date Number Priority Low Status New Application HB vetais Financiais Requested Limits Collaterals Comments Channel Intermediary Code KYC Required Applicant Details 10710 gt Existing CustomerNo Default Type Customer Name Short Name National Id De dup Finances Fi o ERTE Fo o Country Retail Corporate Nationality First Name Incorporation Date Language Middle Name Capital Customer Category Last Name Net Worth Financial Currency Salutation Mr Business Description Mobile Number Gender Male Tg Country Landline Number Date of Birth _ Recomm Email Mothers Maiden Name Fax Passport Number Account Number Branch Code Account Class Passport Expiry Date Marital Status Married Passport Issue Date Dependents Vehicle Asset Equipment Asset Inventory Tracking Prev Remarks Remarks Audit Outcome The system displays all the customers associated with the finance application with internal status displaying whether the customer information is available or not Click KYC Review button to view all customer informa
72. ority Lo Status Main Details Financials Requested Limits Collaterals Creait Score AEI Ratio Financing Schedule Charges Investigation Check List Comments External Credit Rating 4 10001 gt Recommended Not Recommended External Agency Remarks Status Not Required Vehicle Asset Equipment Asset Inventory Tracking Prev Remarks Remarks Audit Score The credit agencies and the bureaus maintained 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 1 86 ORACLE 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 Recomm
73. orresponding to the customer in this screen Musharaka Application Entry New Workflow Reference Priority Low Application Category Lead Id Application Number Product Code Enquiry ID Branch Code Offline Application User Reference Date Number Priority Low New Application Main Details MAE Requested Limits Collaterals Comments Income Details 1010 C Income Type Currency Amount Frequency Salan y Monthly Liability Details 10110 gt O Liability Type Liability Sub Type Frequency Currency Amount Account Balance Start Date End Date Dl Financing Montht U lt Asset Details Vehicle 4 145001 Make Address Line 1 Type Vehicle v Model Address Line 2 Manufacture Year Address Line 3 Body Width Reg Length Occupancy Asset Sub Type Description Currency Asset Value Vehicle Asset Equipment Asset Inventory Tracking Prev Remarks Remarks Audit 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 1 46 ORACLE Currency Specify the currency in which the customer draws his income or select the currency from the option list provided Amount Specify the amount that the customer draws as his income Frequency Select the f
74. page 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 Maintaining Credit Ratios You can maintain the rules to calculate the credit ratios in Credit Ratio Maintenance screen 1 15 ORACLE You can invoke this screen by typing ORDRATMT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button LMC Eligibility Ratio i New 7 Enter Query Group Id Retail Description Corporate Ratio Id Description Formula an Ot Maker Date Time Checker Date Time 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 co
75. process from the option list provided The various stages can be Application Entry Application Verification Underwriting Finance Approval etc Stage Title Specify a suitable description for the finance origination stage 1 25 ORACLE 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 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
76. r then the finance details that have been stored for the corresponding finance proposal are displayed here You can modify these details if required Musharaka Underwriting E New Workflow Reference Priority Application Category Lead Id Application Number Product Code Enquiry ID User Reference Branch Code Offline Application Number Priority nee Detaut Default Status Main Details Financials Requested Limits Collaterals Credit Score Bureau Ratio ll Schedule Charges Investigation Check List Comments Multiple Offers 1010 Offer Id No of Installments Unit Frequency Rate Rate Code Spread Effective Rate Check Apply o Anniv gal Financing Details Financing Currency Hamish Jiddayah No of Installments Financing Amount Value Date Unit Profit Rate Maturity Date Frequency Account Number End Construction Date Anow Installment Start Date a Asset In Stock Vehicle Asset Equipment Asset inventory Tracking Prev Remarks Remarks Audit The details related to the finance offer like the number of installments frequency unit profit 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 calc
77. r 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 Frequency Specify the frequency at which the finance disbursement should be carried out Rate Specify the profit rate to be associated with the finance Rate Code Specify the rate code used to derive the profit rate or select the rate code from the option list provided 1 29 ORACLE 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 New 9 Enter Query Application Category Financing Type Retail Category Description Rule Id Ratio Id Agency Code Agency Name Bureau Details 10710 C Bureau Code Bureau Oo Oo I
78. re listed for you to select Vendor Name The vendor name corresponding to the vendor code selected is displayed here 1 15 26 Specifying Amount Details Currency Specify the currency of the account Requested Amount Specify the amount requested for finance Downpayment Specify the amount paid as down payment Property Value Specify the value of the property here Insurance Value Specify the amount for which the property is insured Asset Finance Amount Specify the amount financed for the asset 1 65 ORACLE 1 15 27 Specifying Insurance Details Insurance Company Select the name of the company from which insurance coverage is taken for the property Insurance Paid By Specify by whom the insurance for the property is paid Premium Amount Specify the premium amount to be paid for the insurance Insured Name Specify on whose name the insurance is taken Insurance Expiry Date Specify the date on which the insurance expires 1 15 28 Specifying Evaluator Details Name Specify the name of the evaluator in this field Value Specify the evaluation value in this field Date Specify the date of evaluation in this field 1 15 29 Specifying Balance Details Outstanding Principal The outstanding principal on the finance contract for this property is displayed here Outstanding Profit The outstanding profit on the finance contract for this property is displayed here Vendor Type Select the vendor type from the drop down
79. requency 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 1 47 ORACLE Account Balance Specify the balance associated with the liability account 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 value associated with the asset Vehicle You c
80. rigger the disbursement of Musharaka based on the value date If the sale is rejected the system will display the asset detail capture detail Step 13 Manual Liquidation Stage 1 106 ORACLE You can also invoke Musharaka Manual Liquidation screen by typing ORDMSPMT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Payments New Workflow Reference Priority Low Account Branch Code Payment Detais Compensation Rates Fields Check List Customer Id Main Profit Rate Mudarabah Value Date a installment s Gross Profit Execution Date Populate Due Excess Profit Limit Date Customer Incentive Bank Profit Payment Details 4010 Reversed Payment Mode Settlement Currency SettlementAmount Finance Currency Equivalent Original Exchange Rate Exchange Rate count Component Details 10710 Component Name Currency Amount Due Adjustment Due Amount Overdue Amount Not Due Amount Waive Prepayment of Amortized Finance Prepayment of Simple Finance Recomputation Basis New Maturity Date Change Installment Recomputation Basis Next Schedule Date New Maturity Date Recomputation men Old Maturity Date Old Maturity Date rom 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 d
81. rresponding to a ratio Id 1 16 ORACLE 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 10710 O Ratio Type Condition E Stated Before Elements Functions Braces Operators 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 available 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
82. ry Tracking Prev Remarks Remarks Audit 1 49 ORACLE You can also capture the following itemization details corresponding to the requested finance Finance 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 ld Specify a unique 4 character alphanumeric code to identify the promotion in the system 1 50 ORACLE 1 15 7 Limits Tab You can capture the details related to the limits provided by the customer in this tab Musharaka Application Entry New Workflow Reference Priority Low Application Category Lead Id Application Number Product Code Enquiry ID Branch Code Offline Application User Reference Date Number Priority Low Default Status New App Main Details Financials Requested Limits Collaterals Comments Liability Details Line Details Pool Details Liability No Line Code Pool Code Liability Name Line Serial Liability Branch Main Line Code Pool Description Liability Currency Line Currency Pool Currency Overall Limit Expected Limit Amount Pool Amount Collateral Amount Pool Utilized Effective Line Amount Basis Limit A
83. s Requested Limits Collaterals Credit Score Bureau E Financing Schedule Charges Investigation Check List Comments Stated Actual Assets Monthly Income Monthly Income Liabilities Monthly Debt Monthly Debt Net Worth Calculate Ratios What if Payment Amt Undate Ratios Ratios 1010 Ratios Stated Before Stated After Actual Before Actual After TS E E 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 Click 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 e Stated Before e Stated After e Actual Before Actual After 1 93 ORACLE 1 15 36 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 custome
84. 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 v Record Status v Group Id Advanced Search Records per page 15 v 1 0F1 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 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 19 ORACLE 1 9 Maintaining Override Details You can maintain the formulae to verify if overrides need to be generated dynamically in Override Maintenance screen 1 20 ORACLE 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 New 9 Enter Query Process Code Type Retail Application Category Corporate Stage Description Overrides 10710 gt i o Sequence Number Condition Error Code Error Parameter Elements Functions Braces T Operators Logical Operators Maker Date Time Checker Date Time Record Status Authorization Status You can specify the following details in this screen Process Code Specify the process code of the process for which
85. set to inventory is decided ORDMSPMT PROCEED 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 a 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 advices 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 37 ORACLE You can key in the finance application details required in Musharaka Application Entry screen You can also invoke this screen by typing ORDMUSAE in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Musharaka Application Entry New Workflow Reference Priority Application Category Lead Id Application Number Product Code Enquiry ID Branch Code Offline Application User Reference Date Number Priority Low Default Status Ne ew Application iain Details Financials
86. sses 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 You can key in the finance application details required in Islamic Musharaka Underwriting screen You can also invoke this screen by typing ORDMUSUD in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button 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 15 32 Collateral Tab You can carry 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 1 81 ORACLE Musharaka Underwriting New Workflow Reference Priority Applicatio
87. t Name Post Box No Emirate Area In Emirate Country Mortgage Degree Lot Number Insurance Details Insurance Company Insurance Paid By Premium Amount Insured Name Expiry Date Vendor Details 1010 Vendor Type Vendor Code Chosen By Account Value Bank Account Date Account Start Date Account End Date Management Company Name Managed By Contact Person Contact Number Here you can capture the following details Account Number The account number is defaulted from the Account Details Main screen Asset Sequence Number The system generates a sequence number for the asset and displays it here ORACLE 1 62 Status The status of the asset is displayed here The statuses available are Active and Settled During account initiation the status will be Active Once the prepayment of the asset begins the asset will be completely settled Then the status will change to Settled An asset can only be completely settled No partial payment is allowed 1 15 24 Capturing Property Details Property Type New Select if the property is new or old The options available are e Y Yes e N No Type of Property Select the type of property from the option list The types of properties that you have maintained using the Limits Type Maintenance screen will be listed here for selection Description Specify a description for the property Builder Name Specify
88. the content hereof without obligation of Oracle Financial Services Software Limited to notify any person of such revision or changes All company and product names are trademarks of the respective companies with which they are associated
89. the name of the builder of the property Project Name Specify the name of the project Building Name Specify the name of the building for which finance is taken Wing Name Specify the name of the wing in which the property is District Area Hoz Raqam Select the district or area within the selected Emirate by clicking on the option list The different districts within the Emirates that you have maintained using the Limits Type Maintenance screen will be listed here for selection City Select the city where the property is by clicking on the option list The different cities that you have maintained using the Limits Type Maintenance screen will be listed here for selection Area in Another Country Select the area in another country where the property is by clicking on the option list The different areas in another country that you have maintained using the Limits Type Maintenance screen will be listed here for selection 1 63 ORACLE Plot Number Specify the plot number here Property Status Specify the status of the property financed Property Area Specify the area of the property Property Usage Specify the usage of the property here For example Primary Secondary etc Date of Completion Specify the date of completion of the property construction Title Deed Number Specify the title deed number This has to be an alphanumeric value Registered on Name Specify on whose name the
90. 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 Designation 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 custo
91. tion and check against black listed customer lists 1 79 ORACLE KYC Review KYC Review 1010 Customer No First Name Last Name Date of Birth Country Internal Internal Remarks You can perform a check on the customer record against the blacklisted customer database 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 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 Information Web Page Dialog j 2 xi MESSAGE REFERENCE The task is completed successfully LCIP 004 1 80 ORACLE 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 Musharaka Underwriting screen Step 6 Underwriting In this stage the bank asse
92. ualte the schedule details The payment schedules are derived based on the offer selected You can select only one finace offer in this screen 1 15 37 Schedule Tab In Schedule 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 1 94 ORACLE Musharaka Underwriting New Workflow Reference Priority Low v Application Category Lead Id Application Number Product Code Enquiry ID Branch Code Offline Application User Reference rats Number Priority Low z a Status l New Application Main Details Financials Requested Limits Collaterals Credit Score Bureau Ratio Financing EI Charges Investigation Check List Comments Schedule H 4410nG gt gt O Component Name Schedule Type First Due Date No Frequency Units Amount Payment y Monthly Details M 410m0 bt O Component Name Due Date Amount Due EMI amount Amortized Principal Documents KYC Review Vehicle Asset Equipment Asset Inventory Tracking Prev Remarks Remarks Audit 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
93. uiries Also Known As Consumer Statement Credit Scores Bankruptcy Life Recent Chapter 7 Chapter 7 Chapter 7 Chapter 11 Chapter 11 Chapter 11 Chapter 13 Chapter 13 Chapter 13 Total Total Total Summary 2 Credit Bureau Report Report Header Bureau Credit Report Id First Name Report Date MI Unique Id Last Name On File Date Birth Date a Best Match Summary 1 Summary2 Trade Lines Public Records Collections Fraud Messages Inquiries Also Known As Consumer Statement Credit Scores Inquiries Auto 6M Bank 12M Card 24M Retail Total Financing Newest Sales Finance Oldest 1 88 ORACLE Trade Lines Credit Bureau Report Report Header Bureau First Name MI Last Name Birth Date Summar 1 Summary 2 E Fuic Records Collections Fraud Messages inquiries i Also Known As Consumer Statement Credit Scores Trade Lines H 410m0 gt O Creditors Name Credit Report Id Report Date Unique Id On File Date 3 Best Match Type Code Past Due Amt Balance Date Public Records Credit Bureau Report Report Header Bureau First Name MI Last Name Birth Date Summary 4 Summary 2 Trade Lines e Collections Fraud Messages inquiries Also Known As Consumer Statement Credit Scores Public Records I4 4 40nO gt gt Record Type O o Credit Report Id Report Date Unique Id On File Date a Best Match Filed Date Satisfied Date 1 89 ORACLE
94. vided 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 Logical Operators Select the logical operator to be used to define the credit score calculation formula You can select lt gt lt gt gt lt AND or OR 1 13 ORACLE 1 5 3 Specifying Credit Grades 1 6 You can maintain different credit grades 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 1010 CO Sequence Number 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 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 14 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 v Record Status v Rule Id a Search Advanced Search Records per
95. view New Workflow Reference Priority Low Application Category Lead Id Application Number Product Code Enquiry ID Branch Code Offline Application User Reference Number Priority Low v ii Default Status New Application iain Details Financials Requested Limits Collaterals Comments Channel Intermediary Code KYC Required Applicant Details 10m0 gt gt I aj Existing Customer No Default Type Customer Name Short Name National Id De dup Finances EMA Primary o Country Retail Corporate Nationality First Name Incorporation Date Language Middle Name Capital Customer Category Last Name Net Worth Financial Currency Salutation i Business Description Mobile Number Gender lal Country Landline Number Date of Birth Acca Email Mothers Maiden Name Fax Passport Number Account Number Branch Code Account Class Passport Expiry Date EZTI z Default Marital Status Married Passport Issue Date Dependents Home Asset Vehicle Asset Equipment Asset Inventory Tracking Prev Remarks Remarks Audit Outcome The system displays all the customers associated with the finance application with internal status displaying whether the customer information is available or not Click KYC Review button to view all customer information and check against black listed customer lists 1 76 ORACLE KYC Review Application Number KYC Review 1010 Customer No First Name Last Name Date
96. was sold Invoice Date Specify the date on which the invoice was created Invoice Number Specify the invoice number here 1 15 21 Specifying Balance Details Outstanding Principal The outstanding principal on the account for this equipment is displayed here Outstanding Profit The outstanding profit on the account for this equipment is displayed here 1 15 22 Specifying Evaluator Details Name Specify the name of the evaluator here Value Specify the evaluated value of the equipment Date Specify the date of evaluation 1 61 ORACLE 1 15 23 Click Home Asset button Musharaka Application Entry screen to invoke Home Asset screen Home Asset Application Number Property Detail Asset Sequence Number Asset Status New Property Type Property Type Description Builder Name Building Name Project Name Wing Name DistrictArea City Area in Another Country Amount Detail Currency Requested Amount Hamish Jiddayah Amount Valuation Insurance Value Asset Finance Amount Evaluation Details 1010 Evaluator Name Property Asset 4 10001 Plot Number Property Status Property Area Property Usage Date of Completion Title Deed Number Registration Name Title Deed Issue From Registration Number Registration Date Title Deed Issue Date Vendor Details Vendor Code Evaluation Value Evaluation Date Villa Apt Number Building compound Name Stree
97. y Code Customer Name Application Number User Reference Priority Status KYC Required Short Name National Id Dedup Finances L Dechuni Finances gai Country Nationality Language Customer Category Financial Currency Mobile Number Landline Number Email Fax Retail First Name Middle Name Last Name Salutation Gender Ma Date of Birth Mothers Maiden Name Passport Number Passport Issue Date Passport Expiry Date Marital Status Dependents Corporate Incorporation Date Capital Net Worth Business Description Country Account Account Number Branch Code Account Class Vehicle Asset Equipment Asset inventory Tracking 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
98. y can be reached any time 1 15 3 2 Finance You can view the existing finance for the customer by clicking the Finances button against the Applicant record Financing List Financing List 4010 O currency Amount Value Date Maturity Date Amount 1 44 ORACLE 1 15 4 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 Musharaka Application Entry New Workflow Reference Priority Low Application Category Lead Id Application Number Product Code Enquiry ID Branch Code Offline Application User Reference Number Priority Low vil Lett Default Status New Application Main HB Financiais Requested Limits Collaterals Comments Address Details 4 120f1 Address Line 1 Country Address Line 2 Zip Address Line 3 Contact Number Address Type Permanent v o Mailing Employment Details 4 10001 Address Line 1 Extension z Address Line 2 Contact Phone Address Line 3 Contact Name Country Contact Extension Zip Comments Phone Number Department Employer Employment Type Par Time Occupation Designation Employee Id Vehicle Asset Equipment Asset Inventory Tracking Prev Remarks Remarks Audit In this screen you can capture multiple address and employment details if required 1 45 ORACLE 1 15 5 Financials Tab You can capture the financial details c

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