Loan Monitoring Use Cases can de-risk the loan books of lenders as they can be proactive in engaging with the borrower when they see the economic signals of the borrower going down.

Consent Information
"ConsentDetail": {
    "consentStart": "2020-01-06T11:39:57.153Z",
    "consentExpiry": "2022-01-06T11:39:57.153Z",
    "consentMode": "STORE",
    "fetchType": "PERIODIC",
    "consentTypes": [
      “PROFILE, "SUMMARY", “TRANSACTIONS”
    ],
 
Identifier Section
"DataConsumer": {
      "id": "DC1",
      "type": "FIU"
    },
    "DataProvider": {
      "id": "DP1",
      "type": "FIP"
    },
    "Customer": {
      "id": "customer_identifier@AA_identifier"
    },
"Purpose": {
      "code": "104",
      "text": "To monitor a borrower’s accounts for loan collection, in case of overdue payments",
    },
 
Data Section
"FIDataRange": {
      "from": "2020-01-06T11:33:34.509Z",
      "to": "2022-01-06T11:33:34.509Z"
    },
    "DataLife": {
      "unit": "MONTH",
      "value": 1
    },
    "Frequency": {
      "unit": "MONTH",
      "value": 5
    },
 
Consent Digital Signature:
"consentDetailDigitalSignature": "aTRddfhasTY54HAH"