The Interest is liquidated on schedule payment date(s).

In this interest payment method, the interest is deducted at the time of initiating the contract.

In this interest payment method, the interest is calculated on the principal in a manner that is slightly different from the Discounted method. The interest rate is applied on the Principal instead of the Nominal, as it is done in the Discounted method.

You can specify this preference for individual products under different modules.