Loan offer parameters
Create loan offer
Organisation unit*
List
Select the tenant where the loan is offered to the borrowers. Enter a value if you would like to offer this loan product only for a specific branch.
Loan type*
List
Select the necessary loan product.
Country*
List
Select the country where you offer the loan to a borrower. You can choose a value from a predefined list.
Servicing account
List
Select the account for servicing the loan; Is required if the borrower applies for a credit line.
Requested loan amount, currency*
Number, List
Enter the requested loan amount and select the currency from the list.
Offered loan amount*
Number
Enter the loan offered amount.
Loan period*
Number
Enter the loan period in months.
Number of payments
Number
Enter the number of loan payments. This field is available if if the loan product term rule is not infinite or specific day.
Payment day*
Number
Enter the day in the month when the loan payment is made. The value should be from 1 to 28.
Loan purpose*
Text
Enter the loan purpose.
Application score*
Number
Enter the loan application score.
Monthly repayment amount
Number
Enter the monthly loan repayment amount. Note: this parameter is available for instalment loan products or credit line products with a fixed repayment amount rule.
Repayment channel
List
Select the repayment channel.
Payment holiday period
Number
Enter the number of instalment breaks at the beginning of the repayment schedule.
Payment holiday type
List
Select the payment holiday type:
PRI - only principal,
PRI+INT - Principal with interest, but interest is calculated,
PRI+INT_FULL - Principal with interest and interest is not calculated.
Payment free months
List
Select the payment free month from the list.
Monthly repayment rate*
Number
Enter the monthly repayment rate. Note: this field is available if the loan product is a credit line with percent of balance repayment amount rule.
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.
Fees
Fee type
Text
The fee type applied to the loan offer. This parameter is filled up automatically.
Amount*
Number
The fee amount. This parameter is filled up automatically.
Amount calculation rule
Text
The fee amount calculation rule. This parameter is filled up automatically.
Custom Fields
To add custom fields to the loan offer, click the Add custom fields button. For more information on how to manage the custom fields, see above.
To enable the custom fields for the loan offer, follow these steps:
Go to Administration > Settings > Custom fields. The menu on the left displays the modules according to your subscription.
Select Loan > Offer on the content menu.
Click Add field set to add a new set of fields. You can also edit existing and add new fields.
Last updated
Was this helpful?