Disbursement conditions
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Last updated
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For credit products, disbursement refers to moving the funds from the credit account to the customers’ current account.
Enter the following details:
Min withdrawal type*
List
This field determines the method to calculate the minimum amount for the manual transfers from the credit account to the servicing account.
Select one of the following options:
FIXED - A fixed amount.
PERCENTAGE - A percentage of the credit limit.
Min withdrawal amount
Number
Enter the minimum amount to be transferred from the credit account to the current account.
Note: this field is mandatory if you select the Min withdrawal type as Fixed.
Min withdrawal rate
Number
Enter the minimum percentage of the credit limit for the withdrawal.
Note: this field is mandatory if you select the Min withdrawal type as Percentage.
