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 Maintaining LIBOR Rates
2.2.2 Maintaining Alternate Risk Free Rates
2.3 Defining Interest Rules
2.3.1 Rule Master Definition screen
2.3.2 ICCF Rule Maintenance
2.3.3 Defining ICCF Rule Application Factors
2.4 Defining Interest Details
2.4.1 Specifying Rate Code Usage
2.5 Capturing Composite Rate for Loans
2.5.1 Maintaining Composite Rate Codes
2.5.2 Specifying limits for Interest Rate Application
2.5.3 Specifying Interest Rate Rounding Components
2.5.4 Charging penalty interest
2.5.5 Derived Component Creation
2.6 Specifying Interest Details for a Contract
2.6.1 Capturing Rate Fixing
2.6.2 Capturing Rate Fixing Days
2.6.3 Amending Interest Components
2.6.4 Defining Interest Repayment Schedules
2.6.5 Defining interest Payment Schedules for the Product
2.6.6 Defining Interest Payment Schedules for the Contract
2.6.7 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
3.5 Calculating Interest for Interest Basis '30SPL/360’
3.6 Rate Conversion Processing
3.6.1 Linear Rate with Rate Basis as Per Month/Per Annum/Not Applicable
3.6.2 Linear Rate with Rate Basis as Quota Basis
3.6.3 Exponential Rate with Rate Basis as Per month/Per annum/Not Applicable
3.6.4 Exponential Rate with rate basis as quote basis
4. Function ID Glossary