Loan Types

 

Use

The loan type is used to specify the purpose of a loan. The standard SAP delivery system contains the following loan types:

Loan type

Type Description

0100 Building loan with repayment by installment

0110 Car loan with repayment by installment

0120 Personal loan with repayment by installment

0130 Recurring advance

0200 Building loan with annuity repayment

0210 Car loan with annuity repayment

0220 Personal loan with annuity repayment

Further loan types can be set up for your company when the system is customized.