Create loan contract parameters
Loan contract general info
Organisation unit*
List
Select the organisation unit.
Loan type code*
List
Select the loan product that you want to use to create a loan contract.
Schedule type
List
This field is filled automatically once the loan product is selected.
Serving account
Click pencil sign
Select the loan serving account.
Interest conditions
Interest rate type
List
This field is filled automatically once the loan product is selected.
Reference rate type
List
This field is filled automatically. It has value only if the loan product has a floating rate.
Interest rate*
Number
Enter the loan interest rate.
Default margin rate
Number
This field is filled automatically is applicable.
Margin rate*
Number
Enter the margin rate. This field is applicable only if the loan product has a floating rate.
Base rate
Number
This field is filled automatically if applicable.
Reference rate cap type
Text/Number
This field is filled automatically if applicable if the loan product has a floating rate.
Interest rate cap
Text/Number
This field is filled automatically if applicable if the loan product has a floating rate.
Loan contract details
Contract amount*
Number
Enter the loan contract amount.
Loan period*
Number
Enter the loan period in months.
Score
Number
Enter the loan contract score.
Sale channel*
List
Enter the sale channel name.
Payment conditions
Payment day*
Number
Enter the day in the month when the loan payment is made. The value should be from 1 to 28.
Monthly repayment amount*
Number
Enter the monthly repayment amount. Note: this parameter is available for instalment loan products or credit line products with a fixed repayment amount rule.
Monthly repayment rate*
Number
Enter the monthly repayment rate. Note: this field is available if the loan product is a credit line or a revolving credit line with the repayment amount rule = percentage of principal balance.
Max invoice amount
Number
Enter the maximum invoice amount. Note: this field is available if the loan product is a credit line or a revolving credit line with the repayment amount rule = percentage of principal balance.
Min invoice amount
Number
Enter the minimum invoice amount. Note: this field is available if the loan product is a credit line or a revolving credit line with the repayment amount rule = percentage of principal balance.
Payment free month
List
Select payment free month.
Repayment channel
List
Select the repayment channel from the list.
Campaigns
Campaign
List
Select a campaign if it applies. Note: you can select multiple campaigns. See more about campaigns here.
Fees
Fee type
Text
The fee type. This field is filled up automatically.
Value*
Number
Enter the fee amount.
Amount calculation rule
Text
The amount calculation rule. This field is filled up automatically.
Booking rule
Text
The fee booking rule. This field is filled up automatically.
Repayment rule
Text
The fee repayment rule. This field is filled up automatically.
Payment instructions
Payment Channel*
List
Select the payment channel.
Counterparty Name*
Text/Number
Enter the counterparty name.
Payment Amount*
Number
Enter the payment amount.
Payment reference number
Number/Text
Enter the payment reference number.
Details
Number/Text
Enter the payment details.
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