1.5.4.1.4 Payment Details
Payment details are added for the application in the Entry Stage.
For information on the screen fields, refer to the field description table below.
Table 1-56 Payment Details - Field Description
Field | Description |
---|---|
Payment type | The type of payment to be processed whether its repayment or prepayment. |
Loan Contract Ref No | The Loan Contract Ref No for which the payment to be done |
Effective Date | The date from which the payment component details to be fetched for the selected loan |
Limit Date | The date to which the payment component details to be fetched for the selected loan |
Loan Amount | The Loan Amount assosciated with the contract |
Payable Amount | The Payable amount to be given as part of payment for each component |
Prepayment Penalty Amount | The Penalty amount to be given in case the payment type is prepayment |
Total settlement Amount | The Total amount being paid for all the payment components |
Parent topic: Payment Application Entry