Document
Configure the types of supporting documents required by your business.
Last updated
Configure the types of supporting documents required by your business.
Last updated
In this setup module, the user may create, edit and delete the document types that are required by your business.
Document types are an essential element in ensuring that your business remains compliant with the documentary requirements of the NCA.
Configuring documents will obligate the user to:
Specify the corresponding document class.
Declare the Requirement Rule.
Select the loan types and the client categories that the document will be available for.
In mobiloan, there are no limit to the number of documents you may create, however, the user will be limited by the document class which corresponds to any one of the following document types:
Bank Statement;
Payslip;
Other Income;
ID Document;
Portrait;
Bank Card;
Other;
Terminal Slip;
Other
If the document you are creating cannot be matched to a given document class, simply select "Other".
This section allows the user to specify how often will the client be required to provide the supporting document. The user will be able to select from the following options.
Optional
Required once per client.
Required on Each Loan.
Optional
Setting the requirement rule to optional will allow the user to set a toggle to let the originator that they have bypassed the optional document!
As seen in the image below:
Required on each loan
It might happen that a document is still valid (i.e. a pay slip or bank statement) and capturing the same one again would be redundant.
To prevent this, the user will be allowed to set (in number of days) how long a particular document will be valid for (document validity).
Generally we wouldn't recommend a period greater than 30 days as that is normally the time that it takes for an applicant to move from one pay cycle to the next.
As a final step, the user must then select the:
Loan Types that the document will be available for; and
Client Categories that the document will be required from.
