Tranche Loans are loans which are disbursed in multiple disbursements. An example of Tranche Loan is Home Loans which are disbursed in multiple steps as per the progress in completion of the house/apartment being purchased or constructed.

Example: Completion of the foundation of building – 30% of approved loan amount is disbursed

Completion of the ground floor walls – 30% of approved loan amount is disbursed

                Completion of the roof – 30% of approved loan amount is disbursed

                Completion of plastering – remaining 10% of approved loan amount

Typically, the loan amount applied for, approved loan amount and total disbursed loan amounts can be different. For example, the client may apply for a loan of 125,000, the approved amount may be 110,000 and the actual disbursement may be 100,000

Beginning at the main screen, select Admin, then Products from the drop-down menu. This will launch the Products menu.

Select Loan Products.