Payoff Loan
Loan payoff is the pre-closure of a loan in a single payment before the actual maturity of the loan tenure. Payoff can also be called foreclosure, early closure, or early settlement of a loan account. Loan payoff involves functions like a simulation of the outstanding amount payable and a distinct function for payoff loans based on the simulation.
Prepay loan
POSTCreate the payment order in Transact for various scenarios like loan disbursement, merchant fee processing, prepay and loan repayment
Settle payoff
POSTCreate the payment order in Transact for various scenarios like loan disbursement, merchant fee processing, prepay and loan repayment
Pay off simulation
POSTCreate a simulation payoff activity for loan product with product id details
Evidence
Manage subscription for asset finance contracts & assets
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Captures and accepts details based on the the outcome of an inspection, including data such as the inspector, inspection date, status, and any comments about the assets condition.
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Captures and accepts details when a vehicle has been inspected and officially accepted by the organization, documenting the data such as acceptance date, accepting party, and status.
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Captures and accepts details when an asset has been inspected and officially accepted by the organization, documenting the data such as acceptance date, accepting party, and status.
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Captures and accepts new insurance for an asset, specifying details such as the insurer, coverage amount, policy number, and coverage period.
Update Evidence
PUTUpdate the evidences to specify its approval or rejection status.
Fetch Evidences
GETRetrieves evidence information such as evidence id, description, activity, and effective date.
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Retrieves the list of newly acquired evidences which require an acceptance action to advance the status to accepted status.
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Retrieves evidence details for a lease agreement as per the covenants and condition