Introduction to Loan Disbursal Prevention Window

The two product conditions ACTIVITY.API and ACTIVITY.RESTRICTION are used to defer the disbursement activities. Along with the product conditions, a new periodic attribute class for activity restriction property class and a new periodic attribute are used to control the time element in an arrangement.

• The Activity API product condition defers the disbursement for loans with disbursement instructions.
• The Activity Restriction product condition defers the disbursement initiated manually during the restricted time, if the loan is approved during the restricted period on the same night.
• A live file is created, which holds the reference of arrangement and the transaction references which have been deferred. A service is designed, which automates the disbursement after the end of restricted period.