Tier Pricing in a Loan
(Doc ID 2561681.1)
Last updated on DECEMBER 04, 2019
Applies to:Oracle FLEXCUBE Universal Banking - Version 12.0.1 and later
Information in this document applies to any platform.
Question: User wants to set up UDE such that different slabs of loan has different interest rate.
Example as below:
- Loan Amount <= 1,000,000 --> Interest Rate : 1+ RATECODE1 (Rate Code)
- From > 1,000,000 --> Interest Rate : 2+ RATECODE1 (Rate Code)
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