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

  1. Go to the Loan Security List, and click on Add Loan Security.
  2. Enter the loan security name/code, loan security type.
  3. Save

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