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