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https://issues.apache.org/jira/browse/FINERACT-1322?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
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Jose Alberto Hernandez updated FINERACT-1322:
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Attachment: semi-monthly-repayment-frequency.pdf
> Add Support for a Bi Monthly Loan Product
> -----------------------------------------
>
> Key: FINERACT-1322
> URL: https://issues.apache.org/jira/browse/FINERACT-1322
> Project: Apache Fineract
> Issue Type: New Feature
> Components: Loan
> Affects Versions: 1.8.0
> Reporter: Yemdjih Kaze Nasser
> Assignee: Jose Alberto Hernandez Maldonado
> Priority: Major
> Attachments: Screen Recording 2026-09-30 at 3.42.25 PM.mov,
> semi-monthly-repayment-frequency.pdf
>
>
> Add the ability to create a loan that is collected twice a month.
> Introduce support for *Half-Monthly (Semi-Monthly)* repayment schedules in
> Apache Fineract, allowing repayments to occur *twice every month* on
> predefined dates.
> Currently, Apache Fineract supports repayment frequencies such as:
> * Daily
> * Weekly
> * Bi-Weekly (every 2 weeks)
> * Monthly (1, 2, 3... months)
> * Yearly
> However, it does *not* support repayments that occur *twice within the same
> calendar month* (for example, on the 1st & 15th or 15th & Last Day of Month).
> This enhancement introduces a new repayment frequency specifically designed
> for semi-monthly lending products.
>
> More details is here
> https://mifosforge.jira.com/wiki/spaces/MIFOSX/pages/5668470799/Half+Monthly+Repayment+Frequency+Support+for+Mifos+loan+module
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