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 Total Fees and Waive Fees field are displayed.

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 Total Fees field, click the View Details/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 Details Displays the details of the charge applied on the account.
      Defaulted Amount Displays the defaulted fees amount on the account.
      Modified Amount Displays the latest fees amount.

      Note:

      You can edit the amount by clicking the field and specifying the amount.
    3. Click OK.
      The Manage Fees section is closed.
    • To waive the fees:
    1. From the Waive Fees field, switch to Toggler Onto waive the fees applied on the account.
      The value in Total Fees is displayed as 0.
    2. Click Next.
    3. Click Submit.