Slab Based Charge

Bob want to configure a table of charge amount particular to the installment repayment and amount range. As in the example shown in fig 3 bob want to charge amount of 100 for the loan amount from 1000 to 10000 and charge amount of 200 for the loan amount ranging from 10001 to 20000. 

Slab based charge example

#Installment Amount RangeCharge Amount
1.1000 to 10000100
2.10001 to 20000200
4.20001 to 30000500
5.30001 to 400001000


Follow the following steps for setting up slab based charge

Step 1: Select the Charge Calculation as "Slab Based"

Step 2: Select "Slab Charge Type" as "Installment Amount" or "Installment Number".

Step 3: Enter the charge amount with respective to the installment number/amount range

Step 4: Select "Charge Payment by" regular(meaning charge payment is done within a account) or account transfer(meaning charge payment is done from one account to another account) as shown in the fig below. and click on submit 


Bob has an another requirement to bifurcate the charge amount based on installment number range. i.e., he want to charge an amount of 50 for the loan amount ranging from 1000 to 10000 with installment number ranging from 1 to 15 days not charge amount of 100. This can be achieved by using sub slab charges. Refer Sub Slab based charge for more info


#Installment Amount RangeInstallment Number RangeCharge Amount
1.1000 to 100001 to 1550
2.1000 to 1000016 to 999100
3.10001 to 200001 to 15150
4.10001 to 2000016 to 30200
5.20001 to 300001 to 10300
6.20001 to 3000016 to 30500
7.30001 to 400001 to 15800
8.30001 to 4000016 to 301000