CIDACCNT --> Musharaka --> Non Cash Investment By Partner
(Doc ID 2765305.1)
Last updated on MARCH 31, 2021
Applies to:Oracle FLEXCUBE Universal Banking - Version 18.104.22.168.0 to 22.214.171.124.0 [Release 14]
Information in this document applies to any platform.
CIDACCNT --> Musharaka --> Non Cash investment by Partner
1. Customer would like to bring non cash investment. Such as furniture, building and machinery as part of his investment.
2. Bank will provide its portion of financing as part of DSBR.
3. As of now customer can bring down payment amount. There is no option in the system to bring non cash investment.
Expectation from Bank - If non cash investment is brought in by the customer then it has to be documented as part of Customer Investment Share %
Question: Bank wants to know if the above functionality is supported in Base.
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