Payment Schedule
A payment schedule is the agreed-upon timeline and frequency for making payments on a loan or credit account. The payment schedule specifies when the payments are due, the amount due, and the total number of payments required to pay off the account.
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Update the payment schedule condition such as payment method from capitalise to pay, payment frequency from monthly to quarterly etc., on an account
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Retrieves the payment schedule of an arrangement account
Loan Evidences
Loan evidence refers to the documentation or supporting materials that provide proof of the existence, terms, and conditions of a loan agreement. These documents serve as tangible evidence of the loan transaction and are crucial for record-keeping, legal purposes, and tracking loan-related information.
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Performs update of covenants and conditions for a loan account. Covenants are requested in periodic basis and the Conditions are one-time evidence. On non-submission or non-compliance of the evidences, the related consequent activity will be restricted
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Captures and accepts the Annual Financial Statement details like Debt Equity ratio, profit or loss and turnover of the company
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Captures and accepts the incorporation certificate details like entity name, type, incorporation date
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Captures and accepts the Quarterly Financial Statement details like Debt Equity ratio, profit or loss and turnover of the company
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Retrieves the covenants and conditions for a loan account. Covenants are requested in periodic basis and the Conditions are one-time evidence. On non-submission or non-compliance of the evidences, the related consequent activity will be restricted
Update Evidences
PUTPerforms update of covenants and conditions for a loan account. Covenants are requested in periodic basis and the conditions are one-time evidence. On non-submission or non-compliance of the evidences, the related consequent activity will be restricted