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These two processes are done in a single step.Ī borrower draw down loan contract inherits the rollover preferencesĭefined for the borrower draw down loan product it uses. As part of rolling over a contract, the original contract shouldīe liquidated and a new contract should be initiated. It into multiple borrower draw down contracts, or consolidate it intoĪ single new borrower draw down contract along with other borrower drawĭowns. You can renew it into a new borrower draw down loan contract, or split Instead of liquidating a borrower draw down loan on maturity date, Syndication borrower draw down loan products are explained in this chapter. Only those preferences that you would define specifically for Loan In the chapter ‘Defining Product Categories and Products’ You define the rollover preferences for aīorrower loan product in the same manner as you would for a normal loanįor details, refer the section ‘Rollover Preferences’ Of the Application tool bar and clicking on the adjoining arrow button. You can invoke the screen ‘Loan Syndication Product’ screenīy typing ‘ LSDPRMNT’ in the field at the top right corner The rollover details for the borrower draw down product that you areĭefining can be specified in the ‘Preferences’ button of This can be indicated when processing the loan. Not to rollover a loan involving a product with the rollover facility. If it is not liquidated, on it’s Maturity Date. However, a loan involving such a product will be rolled-over only If rollover has beenĪllowed for a product, all the loans involving the product can, by default, Loans involving the product can be rolled-over.
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When defining a borrower draw down product, you have to specify whether Section 8.2, "Specifying Contract Rollover Details" 8.1 Features of the Product Rollover Details screen.
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