Once a Loan is sanctioned, the loan amount is ready to be disbursed. For that, a Loan Disbursement entry is created.
To access the Loan Disbursement list, go to:
Home > Loan Management > Disbursement and Repayment > Loan Disbursement
Before creating a Loan Disbursement, you must create the following first:
You can also create a Loan Disbursement from a sanctioned Loan via the Create button on the top right
Multiple Loan Disbursements can be made against a Loan unless you don't cross the sanctioned amount loan amount against a Loan.
Loan Disbursement can also be made once some of the loan amount is repaid and adequate amount of security is still pledged against that loan. This is known as a loan topup.