Contents

1. About this Manual

1.1 Introduction

1.2 Audience

1.3 Documentation Accessibility

1.4 Organization

1.5 Related Documents

1.6 Glossary of Icons

2. Processing Interest

2.1 Introduction

2.1.1 The Concept of Main Interest

2.1.2 Methods of Interest Application

2.1.3 Methods of Interest Collection

2.1.4 Specifying Accrual Related Details

2.1.5 Mode of Repayment

2.2 Applying Floating Interest Rate

2.2.1 Capturing Rate Code Details

2.2.2 Capturing Currency Details

2.2.3 Specifying Effective Date and Amount Slab Details

2.2.4 Tenor and Interest Rate Details

2.2.5 Specifying Rate Code Usage

2.2.6 Viewing last authorized data

2.2.7 Charging penalty interest

2.3 Defining Interest Rules

2.3.1 Specifying Rule Type

2.3.2 Specifying Rate Type

2.3.3 Defining ICCF Rule Application Factors

2.4 Defining Interest Details

2.5 Capturing Composite Rate for Loans

2.5.1 Maintaining Composite Rate Codes

2.5.2 Specifying limits for Interest Rate Application

2.6 Specifying Interest Details for a Contract

2.6.1 Capturing Rate Fixing

2.6.2 Amending Interest Components

2.6.3 Defining Interest Repayment Schedules

2.6.4 Defining interest Payment Schedules for the Product

2.6.5 Defining Interest Payment Schedules for the Contract

2.6.6 Revision Schedules and Repayment Schedules

3. Building Interest Classes

3.1 Introduction

3.2 Specifying Currency-wise Limits for Interest Rate Application

3.3 Processing CPR (Conditional Prepayment Rate) Loans

3.4 Calculating Loan Interest Accrual on Principal Outstanding

4. Function ID Glossary