Upon enqury by customer, account officer holds brief (PRELIMARY ) LAN INERVIEW who the customer to ascertain
1. Whether customer is self employed or in paid employment
2. Source and repayment capacity
3. Purpose of the personal loan
4. Customer obtains current account opening package (if not already in account with enterprise bank) and application form
5. Customer submits completed item given in together with 6 months statement of accunt and pay
slip (only for new customers under slary funded scheme)_
6. Upon completion of the account opening process for new customers only ) the account officer completes the credit scoring /rating
7. Where the outcome of the credit scoring is goods approval of granted by authorized person under stipulatal condition
8. Upon approval, an offer letter which status conditions precedent as stuted on the approved product paper (including salary domiciliation) is used
9. Account officer /branch manger verifies the customer employment status
10. Customer meets all conditions precedent to drawn down
11. Presult the package again to the authorized signatory for disbursement authorization
12. The bank disburses facility to the customer by crediting his account
13. At end of the month reduce dedication are made and lodged into the facility account the reduce the outstanding until facility is fully liquidated
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