2.5.9 Paying by Multi Mode Settlement

You can disbursement through multi mode option, that is, disbursement can done through CASA, Instrument, and Ledger at once.

To perform multi mode settlement:

  1. Navigate to the screen and fetch the account. For more information, refer Navigating and Fetching Account.
  2. From the Loan Disbursement Initiation tab, click Next.
    The Schedule tab is displayed.
  3. From the Schedule tab, click Next.
    The Disbursement Payout tab is displayed.
  4. Click the Multi Mode Settlement Options link.
  5. Click the Add icon, to add settlement modes.
    The Add Settlement section is displayed. For more information on the Add Settlement section, refer Settling Disbursement by CASA, Settling Disbursement by Instrument, and Settling Disbursement by Ledger.

    Figure 2-47 Multi Mode Settlement Options

    Description of Figure 2-47 follows
    Description of "Figure 2-47 Multi Mode Settlement Options"
  6. Click Save.
    The settlement is added in the table above.
  7. You can edit or delete the settlement entry if required. For more information on fields, refer to field description table below:

    Table 2-29 Multi Mode Settlement Options – Field Description

    Field Description
    Mode Displays the settlement mode.
    Description Displays the details available for the settlement modes.
    Amount Displays the amount available in the specific settlement mode.
    Action

    Click the Edit icon to edit the amount.

    Click the Delete icon to delete the settlement mode.

    Total Displays the total of the settlement amount.
    • To go back to the single mode option, click the Single Mode Settlement Options link.