Loan Security Price
A Loan Security Price is the security/collateral rate pledged against a loan for a specific period. This rate is auto-applied if a loan security is pledged/assigned against a loan during that specific period.
To access the Loan Security Pricie, go to:
Home > Lending > Loan Security > Loan Security Price
1. Prerequisites
Before creating a Loan Product, it is advised to create the following:
- Loan Security
2. How to create a Loan Security Price
- Go to the Loan Security Price List, and click on Add Loan Security Price.
- Select the Loan Security, and enter the rate and validity period.
- Save