1. Bilateral Loans
  2. Processing Repayments
  3. Specifying the Preferences of the Contract
  4. Types of Repayment Schedules

7.8.1 Types of Repayment Schedules

When creating a product, you define the repayment schedules. The repayment schedule can be:
  • Amortized
  • Capitalized
  • Normal
The schedules type that you define for the product applies to all loans involving the product. When you process a loan, the schedule type is displayed in the Contract On-line Preferences screen.

For example, if you have specified, Amortized for the product, this is applicable to the loan too. You cannot change it.

This topic contains following sub-topics:

Parent topic: Specifying the Preferences of the Contract