Product Mix

Owned by Former user (Deleted)
Last updated: Jan 01, 2017 by Himadri Mitra (Unlicensed)
2 min read

The Product Mix function enables a financial institution to define rules that restrict the loan accounts that may be held by a client at the same time. finflux checks a client's active loan accounts when a new loan is being disbursed. If there is a conflict between the client's active loan accounts and the loan account to be disbursed, an error will result and the new loan account will not be disbursed. 

By default, the system does not restrict any product combinations.

On this page:

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

Select Product Mix. 

 

Before you can define a product mix, you must be logged on to finflux with a username that has permission to define product mixes. 

If you have the appropriate permissions, you can decide which types of products a given client or group can mix. In this way, you can restrict clients from having active loans or savings accounts of different products at the same time.

For example, if you have three different loan products (A, B, and C). You can make a rule that if a client has taken loan A then client can have loan B but not C. 

Create new product mix

  1. Go to Admin >> Products and click on 'Product Mix' to see the following window. 


  2. Click on '+Add' button to see the following window.

  3. Select 'loan product' from drop-down menu(Ex: Agri Loan) and with 'Agri Loan' product, which other loan products can client get (Allowed Products) and which other loan products are prohibited by the client(Restricted Products). 
    • Move loan products from the Allowed Products list to the Restricted Products list by clicking the product name and clicking >>.
    • Move loan products from the Restricted Products list to the Allowed Products list by clicking the product name and clicking <<.
  4. Then Click on 'Submit' button to create a product mix. 

Edit or Delete Product Mix

 1.  To Edit or Delete Product Mix, Go to Admin >> Products >> Product Mix to see the following window. 

       

2. Click on Loan product to which Product Mix is defined (Here, Agri Loan) to view the Product Mix.

    

3. Either click on 'Edit' or 'Delete' button to modify or delete the product mix respectively.