Managing Multiple Fees Per Loan Application
Wakandi CAMS gives provision to add multiple fees to a single loan application and manage them seamlessly. Borrowers can repay all associated fees in a single transaction through the teller module.
How to Configure the Multiple Fees
- Go to Settings in the Admin Panel.
- Navigate to Policies and select Credit Product Policy (CPP).
- In the Loan Charges section, add the multiple fees based on your policies.
In the Teller module, all applicable fees for a loan will be displayed for streamlined payment processing.
