Support ›› Manual ›› Credit Management ›› Operations ›› Recurring Procedures ››
Loan Recovery Exceptions.
Use this sub-module to define the amount to be used to repay specific loans when a concessional batch is defined.
Recoveries will be made according to the defined concession on the batch.
If there are any exceptions to be considered while recovering, they should be defined here.
To access this window, click :Credit Management - > Operations - > Recurring Procedures - > Loan Recovery Exceptions.
The following window opens up :
Recovery Exceptions Fig 1.
To define a new exception, click create.
The following window opens up :
Recovery Exceptions Fig 2.
Look up and select the product to be affected by the exception.
Select the applicable payout recovery mode and define the corresponding percentage (if percentage is selected)
Provide appropriate remarks then update.
Do this for every recovery exception that is to be considered once the payout is posted.
On successful completion you will get a pop up message confirming that the operation was successful.
For any erroneous entries, select then click remove to detach them from the list
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