1.9.2.1.8 Payment Schedules

This topic describes about the Payment Schedules screen.

The Payment Schedules can be added for the application in the SME Drawdown - Application Enrichment Stage.

For information on the screen fields, refer to the field description table below.

Table 1-89 Payment Schedules - Field Description

Field Description
Component Name Select the Payment schedule name that is being created.
Amount Select the amount that will be paid in the mentioned schedule.
Frequency Select the time interval in which payment will be made.
Unit Select the unit associated with the frequency.
Start Date Select the start date of the scheduled payment.
No Of Schedules Select the Number of schedules in which payment will be completed.
Principal Liquidation Select the principal liquidation will be paid in Auto format or by some other format.
Month End Select the Month end, whether to determine the month end or not for the scheduled payment.