| Grant Approved Loan | ||||
| Data Element | Data element description | Is Required? | ||
| Currency: | Select currency of loan application to be approved | Yes | ||
| Select Main Catalog: | Select main loan type | Yes | ||
| Select Sub-catalogue: | Select loan type | Yes | ||
| Select Member: | Select the particular member's loan application from the list | Yes | ||
| Sub Account Code: | System fills the member's loan account code | |||
| Member has an account. | System displays message indicating that member already has a loan account. If not, a loan account has to be created for the member first. | |||
| Grant Date: | System fill the grant date | |||
| Current Balance on Account: | System fills current loan balance | |||
| Principal: | System fills approved principal | |||
| Monthly Repayment: | System fills monthly loan repayment amount | |||
| Pay Period (months): | System fills loan pay period | |||
| Register as Re-finance | ||||
| Register as New Loan | ||||