Change Commitment and Term
The deal commitment amount can be increased based on the customers repayment history or decreased in the case of customer request after deal creation. It is also possible to update the tenure of a deal. The above functionalities can be achieved using the following service operations.
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User should be able to increase the commitment amount of the existing deal arrangement.
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User should be able to decrease the commitment amount of the existing deal arrangement
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Deal tenure can be increased or decreased
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Increase the commitment amount of the credit agreement (facility) with the incremental amount
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Decrease the commitment amount of the credit agreement (facility) by the specified amount
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Updates facility tenure by increasing or decreasing the term, in addition it allows the amendment of the availability schedule of the contract.
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To increase the drawdown commitment for a given arrangement
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To decrease the drawdown commitment for a given arrangement
Manage Schedule
Below are the service operations related to manage and retrieve schedule details.
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Allow user to change schedule condition in facility level.
Change Schedule
PUTPerform repayment date change for the loan product with details like loan reference, product id , etc.
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Retrieves the schedule payment information for paid and upcoming installments details
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Retrieves the schedule payment information for paid and upcoming installments details