Introduction to Loan Limit
The sanctioned limit is the total exposure that the bank can take on a particular client for facilities offered by the bank. Such limits are recorded using the Limit Property Class in arrangements.
Differences in TBC
In Lending TBC, the limit sanctioned for a loan can be updated by providing the limit key (from the external limit solution) in the Limit Id attribute of the Limit Condition. Other features pertaining to Limits are not applicable for Lending TBC. Read Introduction to Loan Limit for more information on loan limits in TBC.
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