Handle financing plans for a program where a range of tenure is applicable
Problem
Currently 1 financing plan has only 1 repay every field. So in order to manage multiple tenures, a range of repay every should be available
Solution
In Financing plan creation,
Tenure won’t be taken as input anymore. Input will be:
Number of repayments
Repay Every
In Financing Plan:
Number of repayments: Give an option to dynamically add list of values for it
In case only 1 value is added here, For backend purpose (both min and max number of repayments will be set to this value)
Repay every: Give an option to dynamically add list of values for it
In case only 1 value is added here, For backend purpose (both min and max number of repayments will be set to this value)
And based on the values entered, tenure will be auto-calculated and displayed
Tenure Range= [Number of repayments(min) * Repay Every(min), Number of repayments(max) * Repay Every(max)]
Interest Rate List to be defined while financing plan creation
EMI Date list will be defined
Remove min and max of tenure
Remove Tenure Type
In Credit Dashboard:
While approving an application in the credit dashboard,
Number of repayments, EMI Date, Interest Rate and Repay Every will be auto-selected in case there is only 1 value and visible to the credit analyst
In case there is any list of value for Number of repayments/ EMI Date/ Repay Every/ Interest Rate, the list will be visible for the credit analyst to select from dropdown
Final Tenure Field will be visible basis the values of “no of repayment” and “repay every”
Done reading
Discussion
Discussion topic
Author
Upvote
Notes
Discussion topic
Author
Upvote
Notes
There are no rows in this table
Want to print your doc? This is not the way.
Try clicking the ⋯ next to your doc name or using a keyboard shortcut (