1. Bilateral Loans
  2. Disbursing a Loan
  3. Specifying the Interest Details

4.11 Specifying the Interest Details

Numerous interest rates and fees can be defined for a product through the ICCF (Interest, Commission, or Fee) screen. By default, all these are applied on the loan involving the product. However, while processing a loan, you can waive the application of interest.

Specify the User ID and Password, and login to Homepage.

From the Homepage, navigate to Loans and Commitment - Contract Input screen.

  1. On the Loans and Commitment - Contract Input screen, click ICCF tab.
    The ICCF Details screen is displayed.
  2. For more information relating to interest on a contract, refer to Interest User Manual.

Parent topic: Disbursing a Loan