3.7.3.2.1.2 Paying by Pay Advance Option

User can pay by submitting the advance amount. The Pay Advance option will not be accessible if the loan account is past the maturity date.

To pay advance amount:

1. From the Select Activity field, select Pay Advance option.
   The fields related to Pay Advance option are displayed.

   Figure 3-115 Pay Advance

   
   

   
   Description of "Figure 3-115 Pay Advance"

   
   
2. On Loan Payment and Closure screen, specify the fields. For more information on fields, refer to field description table below:

   Table 3-77 Pay Advance - Field Description

   Field	Description
   Select Activity	Select the Pay Advance for paying the payment. Note: For details on additional choices, refer Paying by Pay Due Option, Paying by Partially Pay Off Option, and Paying by Close Account Option.
   Number of Installments	Specify the number of installments for payment.
   Amount Due	Displays the total loan amount to be paid. The arrear inclusion amount is displayed below in this field.
   Settle Now	Displays the amount to be paid and it is editable. Once the amount is modified, the Simulate option becomes available, and when it is clicked on, the due details are updated and shown.
   Total Fees	Displays the fees amount to be paid.
   Fees Treatment	There are two options to select the payment, that is Pay Now, and Waive. If Waive is selected, the total fees is updated as 0.
   Amount Payable	Specify the total payment loan amount. Note: An amount that is less than or equal to the total dues needs to be specified by the user to move forward successfully.
   Settlement Details	It displays the settlement details. Click to edit the settlement details.

3. Click Submit.
   The screen is successfully submitted for authorization.