Loans Infotype (0045) - India 
Definition
The following options have been added to the Conditions tab of the Loans Infotype (0045) for India:
· Tranche
· Penal Interest Simulation
Use
· Tranche - You can select this option to display the Proposed Disbursement Plan (as per configuration) of the loan grouping for the employee.
When you select this option, the system reads and displays data from the table views Loans Disbursement Schedule (V_T7INJ5) and Loan Tranche Disbursement: Text for Event Codes (V_T7INJ6).
· Penal Interest Simulation - You can select this option to simulate the Penal Interest Amount for the current period, if you have entered a Special Repayment Amount under the Payments tab.
When you select this option, the system calls the Batch Program for Penal Interest (Loans) Report (HINILON0) in the simulation mode, to calculate the Penal Interest Amount for the current period for the employee.
You must have entered and saved the special repayment amount in the Payments tab of Loans Infotype (0045), before selecting the Penal Interest Simulation option.
Integration
The system conducts the following eligibility checks when you create this infotype:
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1. Whether the Pay Scale Grouping for Allowances that the employee belongs to is eligible for the loan type that you are assigning to the employee.
2. Whether the age of the employee is less than or equal to the maximum age for that loan grouping.
3. Whether the experience of an employee exceeds the minimum experience for that loan grouping.
4. Whether the maximum number of loans of the selected loan type that an employee can avail at a time is less than or equal to the number for that loan grouping.
5. Whether the maximum number of loans of the selected loan type that an employee can avail for the entire period of his/her service in your organization is less than or equal to the number for that loan grouping.
6. Whether the total outstanding amount in case of the selected loan type availed by the employee, is less than or equal to the amount for that loan grouping.
7. Whether the maximum number of loans of all types that an employee can avail at a time is less than or equal to the number maintained as a, Max. no. loans allowed at a time Constant (LMNL1) of table view Payroll Constants (V_T511K).
8. Whether the maximum number of loans of all types that an employee can avail for the entire period of his service in your organization is less than or equal to the number maintained as a Max. no. loans allowed Constant (LMNL2) of table view Payroll Constants (V_T511K).
9. Whether the total outstanding amount in case of all types of loans availed by the employee, is less than or equal to the amount maintained as a, Max. amt for loans outstanding Constant (LMVAL) of table view Payroll Constants (V_T511P).
10. Whether the number of months between two loans of the selected loan type is less than the number for that loan grouping.
11. Whether the approved loan amount is less than or equal to the minimum of:
a. Percentage of the Salary – Salary is the sum of all salary components (wage types) that you have configured for a Loan Grouping through Determining Salary Components for Loan eligibility Feature (40LSL). All these wage types should also be maintained in Basic Pay Infotype (0008) record that corresponds to the beginning date of the loans record. Percentage is the value that you have configured in the table view Individual loan eligibility checks and limits (V_T7INJ3).
b. Percentage of the Asset Value – To capture the Asset Value, you must configure the GET_ASSET_VALUE Method of the HR_IN_LOANS_VALIDATE Business Add-In (Add-In). Percentage is the value that you have configured in the table view Individual loan eligibility checks and limits (V_T7INJ3).
c. Fixed Amount – This is the value that you have configured in the table view Individual loan eligibility checks and limits (V_T7INJ3).
See also:
Loans Summary Report
(HINCLON1)
Batch Program for
Penal Interest (Loans) Report (HINILON0)
