1.9.2.1.8 Payment Schedules
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 1-84 Payment Schedules - Field Description
Field | Description |
---|---|
Component Name | Payment schedule name that is being created. |
Amount | The amount that will be paid in the mentioned schedule. |
Frequency | The time interval in which payment will be made. |
Unit | The unit associated with the frequency. |
Start Date | The start date of the scheduled payment. |
No Of Schedules | Number of schedules in which payment will be completed. |
Principal Liquidation | The principal liquidation will be paid in Auto format or by some other format. |
Month End | Whether to determine the month end or not for the scheduled payment. |
Parent topic: Application Enrichment