Loan fee component types

About

A loan fee component is a functionality that allows adding different fee types used for loan product fee configuration and for creating new loan contract fee bookings.

Create loan fee component type

To create a new loan fee component, do the following:

1. Loans > Settings > Loan fee component types.

2. On the Loan fee component types page, click Add.

1. Enter the loan fee component parameters:

   • Loan fee component type code - the name of the loan fee component. It should be a unique value.

   • Translation (en) - the English translation of the loan fee component type code.

2. Click Add.

View existing loan fee component types

To view an existing list of fee components:

• Loans > Settings > Loan fee component types.

Add penalty component

You can add a penalty to a fee type by following these steps:

1. Loans > Settings > Loan fee component types.

2. Find the fee type that you want to modify and click on it to open the details page.

3. Insert the penalty details:

   • Loan fee penalty component type code - the name of the penalty component.

   • Translation (en) - the English translation of the loan penalty component type code.

Delete loan fee component type

Before deleting a loan fee component type, ensure that any associated penalty is removed first.

Delete fee component penalty

1. Loans > Settings > Loan fee component types.

2. Find the fee type that has a penalty component and click on it to open the details page.

3. Click the Delete button.

Delete loan fee component type

1. Loans > Settings > Loan fee component types.

2. Find the fee component that you want to remove and click the delete icon.