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## 3.8.3.2.1.1 Paying by Pay Dues Option

You can pay the due loan amount by installment or existing arrears of a loan account. This option will be available only if there are existing arrears due as on the value date. This topic describes the systematic instructions for paying the due amount.

To pay towards dues:

1. From the Loan Payment and Closure screen, select the Pay Dues option from the Select Activity field.
   - To make payment by installment, select the Installment option from the Payment Type field.

     Figure 3-116 Loan Payment and Closure Details

     Description of "Figure 3-116 Loan Payment and Closure Details"

     For more information on fields, refer to field description table
     below:

     Table 3-73 Pay Due - Installment Payment – Field Description

     Field | Description
     --- | ---
     Select Activity | Select the Pay Dues for paying the payment. Note: For information on other options, refer Paying by Pay Partially Option and Paying by Close Account Option.
     Collect Unbilled Interest | Switch to to collect all the unbilled interest till date. Switch to to not to collect all the unbilled interest till date.
     Amount Due | Displays the total loan amount to be paid. Note: You can view the details of amount due. For more information, refer View Breakup.
     Settle Now | It displays the amount to be paid and it is editable. After adjusted the amount, the Simulate option is enabled and after click the Simulate option, the due details are adjusted and displayed.
     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: You should specify amount less than or equal to the total dues to proceed ahead successfully.
     Settlement Details | It displays the settlement details. Click the Edit icon to edit the settlement details. For more information, refer Add Settlement through Customer Account, Add Settlement through Other Customer's Account, Edit Settlement through External Account, and Edit Settlement through Ledger.

   - To make payment by allocating arrears, select the Allocate Arrears option from the Payment Type field.

     Figure 3-117 Pay Dues - Allocate Arrears

     Description of "Figure 3-117 Pay Dues - Allocate Arrears"

     Figure 3-118 Manage Allocation

     Description of "Figure 3-118 Manage Allocation"

     For more information on fields, refer to field description table
     below:

     Table 3-74 Pay Due - Allocate Arrears – Field Description

     Field | Description
     --- | ---
     <Other Fields> | For information on the fields above this section, refer Installment Payment.
     Manage Allocation | This link is displayed if you select the Allocate Arrears option from the Payment Type field. Note: You can specify either pay, capitalize, waive the existing arrears, or perform combination of three. You need to total allocation amount should be less or equal to the arrears amount. To view the amounts after updating the allocations, click Stimulate Allocation.
     Component | Displays the components for the allocation.
     Arrears | Displays the arrears amount.
     Pay | Specify the amount to be paid towards the specific component. Note: The system validates the sum of Pay, Capitalize, and Waive for a specific component is not more than the value of respective component's Arrear amount. Based on this validation, an appropriate message is displayed.
     Action | Displays the Edit icon. User can only update the Pay amount post clicking the Edit icon.
     Total | Displays the total of arrears and pay amount.

   If the Collected Unbilled Intetest toggle is ON, then the View allocation link is displayed. The following screen is displayed:

   Figure 3-119 View Allocation

   Description of "Figure 3-119 View Allocation"

   Table 3-75 View Allocation - Field Description

   Field | Description
   --- | ---
   Components | Displays the components of the arrears.
   Arrears (a) | Displays the amount for each arrear component.
   Arrears paid (b) | Displays the arrears paid
   Unbilled (c) | Displays the unbilled amount.
   Unbilled paid (d) | Displays the unbilled paid amount.
   Pay (b + d) | Displays the amount paid.
   Total | Displays the total amount of arrears.

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

Parent topic: Payment and Closure Details for Non-Billing Accounts