9.4.8 Specifying Charge to be Applied on the Rolled-over Amount

When creating a product, you would have indicated if charge is to be applied on loans that are rolled over (involving the product). For charge to be applicable on a rolled over loan:

• It should be applicable to the product involving the loan.
• It should not have been waived for the original loan.

If you indicate that charge is to be applied on rolled over loans involving a product, by default, charge is applied on all loans involving the product. In this screen, you can waive charge altogether for a rolled over loan, by deselecting this field.