Due Date Pattern Function - Introduction

Repayment due dates for different types of credit facilities in banks or financial institutions may due differently, dependent on the related credit products been offered to the customers.

This function basically allows user to maintain the relevant credit repayment due date patterns to be used for the generation of the required repayment schedules, e.g., due to change of the bank’s or financial institution’s internal policy.

In addition, this function also allows users to delete the irrelevant due date patterns that have been created earlier.