5.1.8 Viewing, Modifying, or Waiving Fees

You can view, modify, or waive the fees applied on the loan account. Only for the loan account for which fees are configured the Fee field and the View/Modify and Waive links.

To view, modify, or waive the fees applied:

  1. Navigate to the screen and fetch the account. For more information, refer Navigating and Fetching Account.
  2. From the Loan Payment and Closure tab, select the nature of payment from the Payment Nature field.
    • To view or modify the fees:
    1. From the Fees field, click the View/Modify link.
      The Manage Fees section is displayed.
    2. In the Manage Fees section, you can view or modify the fees details are required. For more information on fields, refer to field description table below:

      Table 5-8 Manage Fees - Field Description

      Field Description
      Charge Details Displays types of charges applied on the account.
      Charge Amount Specify the amount to be collected as fees.
    3. Click OK.
    • To waive the fees:
    1. From the Fees field, click the Waive link.
      A confirmation message appears.
    2. Click Confirm.