Disbursing a Loan

A disbursement represents the actual delivery of funds from a bank account to the customer. The repayment schedule of the loan contract is automatically calculated or recalculated as a result of performing a disbursement.

In Loan Management, you can choose between a disbursement performed automatically when the contract gets approved, or manually triggering the disbursement by performing a disbursement transaction, for cases when you need a request for disbursement from the customer, or other details are pending before you can release the funds, such as registering the collaterals with a certain authority.