8/4/2023 0 Comments Loan drawdown processIndicates a list of facilities you can choose from for loan drawdown.ĭisplays the type or purpose of the funding.ĭisplays the amount available for drawdown under the facility. Toggle menu > Accounts > Loans and Finances > Overview > Quick Links > Loan Drawdown Request Loan Drawdown - Choose Facility Toggle menu > Accounts > Loans and Finances > Loan Drawdown Request The application must be integrated OBCL to check with the newly opened loan account.The application must be integrated with OBCLPM to initiate Drawdown request flow and for tracking status of the request.The application must be integrated with the Oracle FLEXCUBE Enterprise Limits and Collateral Management (ELCM) or any other facility application to fetch the facilities of the customer.The facility limit available should be sufficient for drawdown. The corporate user must have at least one existing facility.The corporate user should be a registered OBDX user.Once the loan account is open, the integrated Oracle Banking Corporate Lending (OBCL) application enables the servicing of the account. Corporate Loan Origination module is currently integrated with Oracle Banking Corporate Lending Process Management (OBCLPM) for initiation of a new loan drawdown request and to track its status.Ĭorporates can track the status of the loan applications using Application Tracker available within OBDX. Bank staff can view and process the application using back office or mid office systems integrated with OBDX. On submission of loan drawdown application from OBDX, the request gets assigned to the bank for further processing. Loan drawdown application goes through various stages of the business process flow, commencing from request initiation till loan account creation and loan disbursement based on the type of loan.
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