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Discharging a Consumer Loan (New) ( RELNBANK_CML_500_CLDISCH )

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Short text

Discharging a Consumer Loan (New)

Use

As of SAP ECC 5.00, Financial Services (EA-FS 500) the Discharge Loan function is available as part of the function Change Consumer Loan. You use this function to transfer one or more loans belonging to the category Consumer Loans (340) to a new loan and increase the amount of the loan, if required. The function is useful in the following cases:

• A borrower has several, on-going loan contracts with your company, and wants to group them together in a single loan.

• A borrower has an on-going loan contract with your company, and wants to extend this by increasing the amount borrowed.

• A borrower has several on-going loan contracts with your company, and wants to group them together in a single loan, and increase the amount borrowed.

You will find more information about the new function for loans belonging to the category Consumer Loan (340) under Product Category Consumer Loans (340) (New).

Effects on Existing Data

Effects on Data Transfer

Effects on System Administration

Effects on Customizing

In the IMG for Loans Management you need to execute the IMG activity Define Bank Numbers for Discharge of Loan under Functions → Business Operations → Disbursement.

Further Information

You will find more information in the relevant IMG activity, and in the SAP Library under Financials → SAP Banking → Loans Management → New Business → Consumer Loans → Process Consumer Loan → Discharge Consumer Loan.

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