1.1.2.1 Additional Loan Details
Additional Loan details can be added for the application in the Enrichment Stage.
For information on the screen fields, refer to the field description table below.
Table 1-4 Additional Loan Details - Field Description
Field | Description |
---|---|
Business Product | The Business product for which the loan is created |
Loan Branch | The Bank branch in which we are proceeding to create a loan for the party |
Product Code | The code of the product which we are lending |
Product Description | The description of the product which we are lending |
Expense Code | The expense code is the account of bank to which the loan gets mapped |
Expense Code Description | The description of the Expense code |
Purpose Of Loan | The purpose for which the loan is being disbursed |
Grace Days | The short period of time beyond the due date for which Borrower customer is allowed to delay the payment |
Parent topic: Loan Origination Enrichment