A Loan Security is the actual security that is going to be pledged against a loan.
During a loan process, if the loan for which the customer is applying is a secured loan then some kind of security needs to be pledged against that loan. Loan Security specifies the actual security that is going to be pledged against a Loan.
To access the Loan Security list, go to:
Home > Loan Management > Loan Security > Loan Security
Before creating and using a Loan Security, it is advised that you create the following first: