Loan Disbursement and Repayment

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Loan disbursement and re-payment is performed in ERPNext through a seamless process.

Users can create detailed loan records, specifying loan amounts, interest rates, and borrower details. Upon approval, ERPNext facilitates disbursement either through fund transfers or payment issuance. It also supports structured repayment schedules, defining installment amounts and due dates for timely repayments

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