Create Deposits
Deposit accounts allow the customers to create fixed bonds. These bonds are characterized by a fixed interest rate or coupon rate that remains constant throughout the life of the bond.
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Creates term deposits and the payload should include customer identifier, customer role, deposit currency, deposit amount and the deposit duration term etc.
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Simulate a deposit arrangement for the given principal amount, term, payment frequency and interest rates
Create an Asset
Collection of end points that relate to Tangible asset, arrangement and covenants creation, enables creation of Land & Building, Equipments, Specialised Assets
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Creates assets that fall under classification of vehicles
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Creates assets that fall under classification of equipments
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Creates assets that fall under classification of land & buildings
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Creates assets that fall under classification of specialised assets.
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Registers the tangible asset into the system by capturing the basic details like asset class, asset type, cost details, depreciation details.
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Creation of hire purchase agreement for the customer with terms & conditions.
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Creation of lease agreement for the customer with terms & conditions.
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Creation of chattel mortgage agreement for the customer with terms & conditions.
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Captures and accepts new insurance for an asset, specifying details such as the insurer, coverage amount, policy number, and coverage period.
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Captures and accepts details based on the the outcome of an inspection, including data such as the inspector, inspection date, status, and any comments about the assets condition.
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Captures and accepts details when an asset has been inspected and officially accepted by the organization, documenting the data such as acceptance date, accepting party, and status.
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Captures and accepts details when a vehicle has been inspected and officially accepted by the organization, documenting the data such as acceptance date, accepting party, and status.
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Activation of an asset finance agreement. This action marks that the asset is delivered to the lessee and the contract terms are initiated.