Hi Santosh,
1st column is the loan term, say those are 3 different products of 30-Days, 60-Days, and 90-Days. Is it possible to implement this kind of penalty structure? On the same note, they have requested penalty to be % of outstanding amount that is inclusive of Principal, Interest & Fees. I don’t see the option of % Outstanding Amount in the Charge Time Type, we only have % Loan Amount + Interest. How can we include fees outstanding in the penalty calculation? Regards; ******* Zayyad A. Said | Chairman & C.E.O Cell No.: +254 716 615274 | Skype: zsaid2011 Email: zay...@intrasofttechnologies.com Schedule Meetings: https://calendly.com/zayyadsaid Description: Email banner From: Santosh Math [mailto:sant...@confluxtechnologies.com] Sent: 28 March 2019 09:10 AM To: Dev Cc: Mifos software development Subject: Re: [Mifos-developer] Penalty Structure Hi Zayyad, What is first row? is it loan frequency or Total loan term? On Wed, Mar 27, 2019 at 6:33 PM Zayyad A. Said <zay...@intrasofttechnologies.com> wrote: Hi Devs, Is it possible to implement below penalties structure in a loan product? Term / Days in Arrears 1 7 14 21 Total 30 - Day 2.10% 1.25% 0.85% 0.80% 5.00% 60 - Day 3.15% 1.90% 1.25% 1.20% 7.50% 90 - Day 4.20% 2.55% 1.65% 1.60% 10.00% Regards; ******* Zayyad A. Said | Chairman & C.E.O Cell No.: +254 716 615274 | Skype: zsaid2011 Email: zay...@intrasofttechnologies.com Schedule Meetings: https://calendly.com/zayyadsaid -- Thanks & Regards Santosh Math QA Engineer <http://www.confluxtechnologies.com/> Conflux Technologies Pvt Ltd | Office: +91-080-41208662 | Address: #304, 2nd Floor, 7th Main Road, HRBR Layout 1st Block, Bengaluru, Karnataka, 560043 INDIA
