Hi Bhaskar,

You can explore the following options to see if it meet your requirements.

1. To use the Top-up loan feature in Fineract
A top-up loan allows you to create another loan from the existing loan.
 You can refer to this
<https://docs.mifos.org/mifosx/user-manual/for-administrators-mifos-x-platform/administration/products/loan-products/loan-product-fields/configuring-and-disbursing-of-top-up-loan>
document for more information

2. Write off and re-create a loan
This can be an effective workaround where you can write--off the loan as of
the 8th installment date and create a new loan with just 4 installments and
the previous principal balance.
The only thing you need to verify is the accounting entries if you are
using Fineract accounting.
 You can refer to this
<https://docs.mifos.org/mifosx/user-manual/for-operational-users-mifos-x-web-app/accounts-and-transactions/loan-accounts/how-to-write-off-a-loan-account#to-write-off-a-loan-account>
document
for more information



Let me know if you have any questions



Regards,
Bharath
Lead Implementation Analyst | Mifos Initiative
PMC Member | Apache Fineract
Mobile: +91.7019635592
http://mifos.org  <http://facebook.com/mifos>
<http://www.twitter.com/mifos>


On Fri, Jan 2, 2026 at 9:32 AM Bhaskar Tiwari <[email protected]> wrote:

> Hello Fineract Community,
> I am currently using the Apache Fineract application and have a question
> regarding loan restructuring.
> I have created a monthly installment loan with a total of 15 installments.
> The repayment schedule is as follows:
>
>    - Installments 1 - 4: Fully paid
>    - Installments 5 – 8: Due and not yet paid
>    - Installments 9 – 12: Not yet due
>
> For reference, the original loan schedule looks like this:
> Installment No.
> Due Date
> Paid status
> 1
> 31-May-25
> Paid
> 2
> 30-Jun-25
> Paid
> 3
> 31-Jul-25
> Paid
> 4
> 31-Aug-25
> Paid
> 5
> 30-Sep-25
> Due
> 6
> 31-Oct-25
> Due
> 7
> 30-Nov-25
> Due
> 8
> 31-Dec-25
> Due
> 9
> 31-Jan-26
> Not yet due
> 10
> 28-Feb-26
> Not yet due
> 11
> 31-Mar-26
> Not yet due
> 12
> 30-Apr-26
> Not yet due
>
> Due to certain business reasons, I would now like to do the following:
>
>    1. Remove installments 9 to 12 from the existing loan which are not
>    due yet.
>    2. Create a new loan with:
>    - Disbursement date as today (the date when this activity is
>       performed).
>       - Repayment schedule consisting only of installments 9 to 12 from
>       the original loan.
>
> In other words, the first loan should retain installments 1 to 8, and a
> new loan should be created for the remaining future installments (9 to 12).
> I would like to understand:
>
>    - Whether this is possible in Fineract.
>    - If so, what is the recommended approach (API, loan rescheduling,
>    refinance, write-off and rebook, or any other supported method).
>
> Any guidance, documentation references, or best practices would be greatly
> appreciated.
> Thank you for your support.
>
> Regards,
> Bhaskar Tiwari
>
>
>
>
> *"Print this mail only if absolutely necessary. Save Paper. Save Trees."* *
> Disclaimer: *“This electronic mail message sent from StrideOne (Stride
> Fintree Private Limited) may contain Confidential/Restricted/Internal
> information and should only be viewed by the intended recipients. Under no
> circumstances may any such information be disclosed, copied, used or
> distributed to any unauthorized persons or entities without the written
> consent of Strideone. If you are not the intended recipient, any review,
> retransmission, dissemination or reliance on the content of these materials
> is strictly prohibited and may be the subject of legal action. If you
> received this email in error, please notify the sender and delete the
> message immediately.”
>

Reply via email to