FINS BIAN Consumer Loan Process API

Examples of Use

A consumer customer applies for and gets a loan to purchase new furniture.

Role Definition

The consumer loan product may include different properties/features depending on a bank’s preferences and policies. The loan is targeted at consumer customer and may be associated with a type of product and may or may not be secured by collateral.

Related Business Scenarios

HANDLE REQUEST FOR CONSUMER LOAN COMPLETE ORIGINATION

DISBURSE UNCOLLATERALISED CONSUMER LOAN

EXT HANDLE REQUEST FOR RENEWAL OF UNCOLLATERALISED CONSUMER LOAN

HANDLE REQUEST FOR POWER OF ATTORNEY

EXT DISBURSE RENEWED UNCOLLATERALISED CONSUMER LOAN

PERFORM CLOSING OF UNCOLLATERALISED CONSUMER LOAN

CREATE AND SEND LOAN INSTALLMENT INVOICE

EXT PROCESS CLOSING OF UNCOLLATERALISED CONSUMER LOAN

PERFORM UNDERWRITING FOR UNCOLLATERALISED CONSUMER LOAN

PROCESS CONSUMER LOAN DELINQUENCY FIRST STAGE

HANDLE REQUEST FOR CONSUMER LOAN FINANCIAL ANALYSIS REPORTS

HANDLE REQUEST FOR UNCOLLATERALISED CONSUMER LOAN

HANDLE REQUEST FOR WITHDRAWAL FROM CONSUMER LOAN

PERFORM UNDERWRITING FOR RENEWAL OF UNCOLLATERALISED CONSUMER LOAN

Core Business Object

LOAN AGREEMENT

Key Features

• Set-up a consumer loan facility
• Handle deposits and withdrawals
• Provide statements and assessment reports on the loan
• Support loan restructuring

Customers can use this integration template to accelerate implementation.