Payment Schedule
Deposits | Deposit Maintenance

A payment schedule for a deposits product is the interest payments that are made on the deposit account. The payment schedule outlines when and how interest payments will be made to the account holder.

Migration
Lending | Billateral Loan | Maintenance

Migration on loans involves transferring loan contracts, including contract details, bills (IDs, properties, amounts), and balance specifics.

  • Migration of a legacy system loan contract to the given product by providing the original contract date, principal amount, term, payment frequency and start date, etc.

  • Captures the bill information of the loan such as bill id, property names, bill amount etc. This is used to migrate the bills of a legacy contract which is migrated from other system & update the bill details

  • Captures the balance details of the mortgage loan such as balance type, due amount etc. This is used to migrate the balances of a legacy contract which is migrated from other system & update the balance details.