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## 4.1 Payment Preferences

User can view and modify payment preferences to the loan account using the Payment Preferences screen.

User cannot modify the preferences for the account if instructions are already executed.

To add or edit the payment preferences:

Note:

The fields marked as Required are mandatory.

1. On the Homepage, from Retail Lending Services mega menu, under Instructions & Preferences, click Payment Preferences. User can also open the screen by specifying Payment Preferences in the search icon bar and selecting the screen.
   The Payment Preferences screen is displayed.

   Figure 4-1 Payment Preferences

   Description of "Figure 4-1 Payment Preferences"
2. Select the appropriate option from the Search by field.
3. Perform the required action, based on the option selected from the Search by field.
   If the payment preferences are already maintained during Origination, then the details are displayed in the respective sections. Here, user can edit the details, if required. If no preferences are maintained, then user can add the details in this screen.
   - For more information on adding the preference details, refer Add Payment Preference Details.
   - For more information on editing the preference details, refer Edit Payment Preference Details.
4. Click Submit.
   The screen is successfully submitted for authorization.

Parent topic: Instruction Preferences