Loan Security
A Loan Security is the actual security that is going to be pledged against a loan.
During a loan process, if the loan for which the customer is applying is a secured loan then some security needs to be pledged against that loan. Loan Security specifies the actual security that is going to be pledged against a Loan.
To access the Loan Security, go to:
Home > Lending > Loan Security > Loan Security
1. Prerequisites
Before creating a Loan Security, it is advised to create the following:
- Loan Security Type
2. How to create a Loan Security
- Go to the Loan Security List, and click on Add Loan Security.
- Enter the loan security name/code, loan security type.
- Save
