1.1.1.1 Loan Details
Loan details can be added for the application in the Entry Stage.
For information on the screen fields, refer to the field description table below.
Table 1-2 Loan Details - Field Description
Field | Description |
---|---|
Loan Amount | The amount of the loan required by customer. |
Value Date | The effective date of the loan. System defaults the date as per application date and however the user will be allowed to modify as per the requirement. |
Loan Tenor | The duration of the loan that is to be disbursed. |
Maturity Type | The loan can be of Fixed, Call or Notice type as per the requirement. |
Maturity Date | The duration before the loan becomes due and must be paid in full |
Commitment Contract Number | The Contract Number of the agreement by bank to lend a specified sum of money to the party |
Parent topic: Loan Origination Entry