Gold Loan Opening

1.0.0
online
Rating

Overview

This API is used for opening Gold Loan account for existing Federal bank customers. Customer Id is a mandatory argument in loan processing.

  1. Customer initiates a Gold Loan Request by passing Customer Id and additional required data in the Gold Loan request to GOLD_LOAN_CREATION_Application.
  2. GOLD_LOAN_CREATION_Application Validates the Gold Loan Request sent by the Customer and sends back acknowledgement (positive or negative) .
  3. Acknowledgement message to the customer.
  4. The Valid Gold Loan Data will be inserted into FI database for further process.
  5. At regular intervals of time GOLD LOAN API checks FI database to find out whether Loan Account Number is generated or not.
  6. Once the Gold Loan Account Number gets generated it will be updated in local database, if the request status is failed corresponding Error reason will be updated in Local database.
  7. A timer will be poling local database once in a day and Response will be sent back to customer with the Gold Loan Account Number if it generated, Otherwise failure message will be sent back to the customer.
Type
REST
OAS2
Protocol
HTTPS
Endpoint
Production, Development:
https://devgateway.federalbank.co.in/goldLoan/v1.0.0
Security
appSecret
X-IBM-Client-Secret
apiKey located in header
appId
X-IBM-Client-Id
apiKey located in header