You can pay the due loan amount by full payment or managing the allocation. This topic describes the systematic instructions for paying the bills.

1. From the Loan Payment and Closure screen, select the Pay Bills option from the Select Activity field.
   The fields related to Pay Bills are displayed.

   Figure 3-83 Pay Bills Option

   
   

   
   Description of "Figure 3-83 Pay Bills Option"

   
   
2. Perform the required payment actions. For more information on fields, refer to field description table below:

   Table 3-48 Pay Bills – Field Description

   Field	Description
   Select Activity	Select the Pay Bills for paying the payment. Note: For information on Close Account, refer Paying by Close Account Option.
   Amount Due	Displays the total loan amount to be paid.
   Settle Now	Displays the amount to be paid and it is editable. Once the amount is updated, the Simulate button is enabled. Also, the due details are adjusted and displayed.
   Total Fees	Displays the fees amount to be paid.
   Amount Payable	Displays the total payment loan amount. Note: You should specify amount less than or equal to the total dues to proceed ahead successfully.
   Settlement Details	Displays the settlement details. Note: If already the settlement details are added for the account, then the details are displayed in this section. If required, you can click Edit, to edit any settlement details. If no settlement details are present, then you can click Add Settlement and proceed ahead.

   • To make payment by allocating arrears, select the Allocate Arrears option from the Payment Type field.

     Figure 3-84 Manage Allocation

     
     

     
     Description of "Figure 3-84 Manage Allocation"

     
     

     For more information on fields, refer to field description table
           below:

     Table 3-49 Pay Due - Allocate Arrears – Field Description

     Field	Description
     Component	Displays the components for the allocation.
     Billed	Displays whether the particular component is billed or not.
     Balance	Displays the balance amount.
     Pay	Displays the amount to be paid. You can edit the amount by double clicking the row.
     Excess Amount	Displays the excess amount, if any. Note: This field is displayed if there is a difference between the amount specified in the Settle Now and Pay fields.

3. Click Submit.
   The screen is successfully submitted for authorization.