How to add/change cash interest rate
After creating the interest rate table actual rate will need to be setup. In order to do that ,
1. Navigate to Banking -> Banks
2. Select Banking Interest Rate from Banking Interest Rate
3. Select the finance company that the rates need to be added or changed from search bank interest rate page
4. After selecting the finance company go to Actions menu -> Functions -> Add Or Change Rate
5. Provide the following information to complete adding or changing the interest rate against the selected rate table.
Effective Date : The date when the new rate will be activated in the system. Effective date cannot be less than today's date.
Rate Value : Enter the new rate and it cannot be less than 0.
After providing the details click on
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to complete adding or changing the rate or select
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to go back to Display Bank interest rate page.
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