Disburse Loan
Lending | Billateral Loan | Manage Transactions

Loan disbursements refer to the drawdown of the loan principal, which can be in a single disbursement or tranches. The proceeds of the disbursal can be channelized into a customer or customer-authorised account available within the bank or externally. In the former case, loan disbursements can be automatic (using a settlement account) or manual. In the latter case, funds can be transferred to another bank using clearing and other payment mechanisms.

  • Loan Disbursement
    POST

    Create the payment order in Transact for various scenarios like loan disbursement, merchant fee processing, prepay and loan repayment

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