Pricing Scheme Function - Introduction

Banks and financial institutions often offer many types of credit products that possibly differ from one another, especially in the pricing terms.

This function basically allows user to maintain the pricing schemes (for interest computation purpose) differentiated by the following conditions:-

  • Currency (e.g., MYR)

  • Banking concept (e.g., Conventional concept)

  • Product line (e.g., Personal Loan)

  • Pricing charge type; single tier or multi-tier (hit) by period

  • With or without expiry date