Calculation of interest upto closure date and deduction of the interest amount Invoke CPDTM menu to make Principal repayments
Select the tran type/sub type as P - Loan Principal Repayment
Enter the amount of loan principal to be repaid and click on submit and verify the same if the amount is above Rs.5,000/-.
- Invoke the menu CLPR for calculation of interest
- Invoke HACINT menu to calculate loan interest (CEPT IT Team to be contacted for this)
- Invoke the menu CPDTM to make Interest repayments
- Select the tran type/sub type
- Select the type as I - Loan Interest Repayment
- Invoke the menu HCAAC to close the loan account
Note First two steps not required as now, it will be automatically calculated by DOP Finacle itself.
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