This section describes the concepts and the facilities involved in linking an Interest Rule to a Product.

If a product, and hence a contract involving the product, has more than one type of interest applicable, you should designate one of them as the Main Interest. You can do this while defining the interest details for the product. For capitalization and amortization (repayment in Equated Installments) purposes, the main interest component will be considered.

You can choose to set up as many interest rules as you wish to apply on the product and subsequently, on the contract.