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SAP Banking loans Management - Multiple Conditions for Interest & Repayment

Former Member
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Dear Experts,

I have a requirement where in Loans Transaction which we create using the Tcode FNV1, I need to add multiple conditions for Interest & Repayment.

My Scenario:

Loan Start Date : 01.01.2015

Loan End Date : 31.12.2020

Loan Amount 10L

For the first 2 Years I need to add the Interest condition as 8%

and for the rest of the remaining 3 years I need to add the interest condition as 10% (I am aware that  in SAP TRM we can add the multiple conditions but how do we add in loans management)

Like the same way customer is going to the repayment on annuity but for the first 2 years he will be paying 1L per year and the next 3 years he will be paying  2.66 L per year.

Please advice how to add the above conditions in the loans transaction.

Regards,

Reenu John

Accepted Solutions (0)

Answers (1)

Answers (1)

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Hello John,


If you need to enter multiple conditions for loans, you have to do the following steps

1. You have to enter one interest condition with the following data:

Field Effective From: 01.01.2015

Percent: 8%

Due on: (as the frequency you need)

Calc. Date: (as the frequency you need)

2. After the 2 years, you create a copy of this condition and enter the following data:

Field Effective from: 01.02.2016

Percent: 10%

Due on:(as the frequency you need)

Calc. Date: (as the frequency you need)

3. And for the first condition I in the first step) you have to modify the field  Condition Form and set the 1 Zero Condition,  You have to do that, so that the first condition has no relevance to the second condition

You have to do the same for the repayment if you need two diferentes periods of repayments.

Best Regards,

Ivan Menacho