Overview

This page helps you understand how to deactivate a principal repayment schedule. At times, you might need to generate a new equated schedule or a new  EMI repayment schedule in place of the existing ones. During that time, you need to first deactivate the existing principal repayment schedule. Otherwise, you cannot generate a new schedule. 

Note: If an existing principal repayment 
schedule is deactivated, then along with that interest payment schedule will also be deactivated.

Deactivating a Principal Repayment Schedule

1. On the Side Panel of Finvisage application, click Liability.

The menu is expanded.

2. On the expanded menu, click Loan Facility. See the image below:

The Loan Facility page is displayed on the right pane. 

2. On the Loan Facility page, click the required loan facility.

The Drawdowns section is displayed.

3. In the Drawdowns section, click the External ID. See the image below:

The Drawdown page is displayed. See the image below:

4. On the Drawdown page, scroll down to the Principal Repayments section.

5. Next, on the Principal Repayments section, click the Menu button 

The drop-down menu is displayed.

6. Now, on the drop-down menu, click Deactivate Schedule. See the image below:

The deactivation message box is displayed.

7. On the message box, click the OK button after reviewing the deactivation message.

The principal repayment schedule is deactivated. See the image below: