SALIENT FEATURES:
- The interest rate is not changed
- All the columns provided in the summary table are equivalent and customer has a variety of options of restructuring.
- The interest is applied on inflapro method and the favor in inflation protection
is lower in the initial periods.
- Suitable Moratorium is applied (sample case is 12 months and policy term is 60 months.)
- Favour/inflation protection (sample default is from 0% to 10%)
- One can give different set of favour (inflation protection %) in the above menu and submit
- By inflation protection money lender is benefitted with more gross interest with higher favour percentages.
- With equal loan amount at the end of term means that during the policy term,
the banker recovers only the interest portion in an increased manner.
- Validation of input is provided but not comprehensive.