Default Classification

This screen is used to define classification to classify the corporate customers accounts based on their repayment behavior. Banks can categorize their customers for their convenience. Thus, this changes from banks to banks.

View

After selecting Default Classification from the Credit Policy Management module, User will be shown the main screen where the following fields with data will be visible for existing classification if any or if a new classification is added, then the below details are displayed along with add default classification button.

• Account Status Code
• Account Status Key
• Account Status Name
• Status
• Actions (Edit, Delete)

Add

To add a new default classification, User will press the green “Add Account Status” button on the right, after which they will be redirected to the main screen where the following fields need to be filled and clicked on save button. User can choose to cancel the adding the item by clicking on cancel button. User views a pop-up saying “Are you sure you want to cancel. All unsaved data gets discarded” with yes/no option.

Screen name	Screen name	Description	Mandatory/non mandatory	Field type
Regulatory Sector Segment	Regulatory Sector Segment Code	Code is auto generated by system. This code is currently a placeholder field, this can be used to link this record to matching record in any other third party or core system.	Mandatory	Auto-populated
	Regulatory Sector Segment Key	key is auto generated by system. This key is used to link this record to another record in other admin screens.	Mandatory	Auto-populated
	Regulatory Sector Segment Name	This is the Regulatory Sector Segment Name	Mandatory	Alphanumerical
	Status	Status is to mention if this is active or inactive. If this is marked as inactive, then it will not appear in the respective screens.	Mandatory	Dropdown

Edit

Clicking on the Edit icon (Action Column) as highlighted in the above screenshot will redirect the user to the screen where he/she can make changes to relevant default classification and click on save button. User cannot edit code and key. User can choose to cancel the changes made by clicking on cancel button. User views a pop-up saying “Are you sure you want to cancel. All unsaved data gets discarded” with yes/no option.

Delete

Clicking the Delete icon (Action Column) displays a pop-up confirmation if the user is sure about deleting the record.User can press “Yes” to continue or “No” to cancel.

Prerequisites Configuration

Screens to Configure (as Pre-requisite)	Screen name	Reflection in user panel	Reflection in admin screens
Default classification The above screens need to be configured first to configure this screen.	Default classification	Business information (Field Name:Account status)	This reflects only in the user panel