Beginning at the main screen, select Admin, then Products from the drop-down menu. This will launch the Products menu.
Select Loan Products.
Create Loan Product
Details
Note: All red colored asterisk mark are mandatory fields.
Please refer above Details - Image, Details are provided with respect to the provided fields number's.
1 - Provide loan product name .
2 - Provide short name.
Mifos X provides the ability to restrict loan account holding combinations not allowed by a financial institution. Use the Product Mix capability to define your financial institutions restrictions.
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A loan account is a specific instance of a loan product, with a specified interest rate and an account number, and it is owned by a financial institution client. |
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