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
Provide all the required input for the Loan Product Fields, also refer link:- Loan Products .
Go to:- Loan Tranche Details.
Create Loan account
Provide all the required input for the Loan Account Fields, also refer link:- How to Create a Loan Account Application
Go to:- Loan Tranche Details
1 - Maximum allowed outstanding balance: Provide the maximum allowed amount.
2 - +: Click on plus button to define the parameters. Here 3,4 and 5 row gets added. On clicking on the plus button again 6,7 and 8 row gets created.
3 - Date: Provide the tranche disbursement date. Ex - Example: Here the 1st expected tranche disbursement date is on 01 January 2015.
4 - Principal: Provide principal amount. Ex - Example: Here the 1st tranche loan amount is 2000020,000.
5 - X: Click on x (remove) button to remove the row.
6,7 and 8: Is the 2nd tranche details in the example.
Then click on Submit button
Approve loan account
1 - Add tranche: You could also add new tranche at the approve loan account page , with not exceeding set limits.
2 - Edit tranche: You could also edit/remove tranche at the approve loan account page , with not exceeding set limits.
Loan in active status
You could Add new tranche or Delete existing tranche at the loan in active status.
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