Top up loan

Loan top up

Here you will find instructions on creating a top-up for an existing loan contract using the BackOffice. The top-up is a feature that allows you to disburse an additional amount under an existing loan contract. With the top-up, the loan principal balance increases by the amount of the additional top-up amount disbursement. And the system re-calculates the repayment schedule.

The top-up is available only for the instalment loan products with regular repayments according to the schedule.

To top-up the loan contract, you must complete the following steps:

Define top-up conditions

Create new contract version

Fill in top-up parameters