This topic describes the steps to create a new Product.

This topics contains following subtopics:

• Basic Details
  This topic describes capturing basic details related to identification of products like Product Description, validity period of the product and Product segment under which it is created.
• Business Components
  This topic describes about configuring various types of Business components applicable to the product.
• Product Preference
  This topic describes about configuring various loan account specific preferences applicable for the accounts created under this product.
• Restriction Preference
  This topic describes about configuring products to allowed or disallowed branches and/or customer categories.
• Stage Definition
  This topic describes about configuring the repayment schedule of the loan accounts opened under this product.