16.7.3 Interest Rate Fixing Notice to Borrower for Renewal Drawdown

This notice is generated to inform the borrowing customer when a drawdown loan is to undergo a renewal. All the fields available in the Interest Rate Fixing Notice to the Borrower are also available in this notice.

In addition, the notice is generated on the rollover date. This gets precedence over the advice generated on the day the drawdown is due for a renewal.