How to make a Cash Repayment

A Cash Repayment is done to reflect a repayment that was made by the customer via bank transfer or deposit. To make a cash repayment, simply use the following steps:

1. Go to the particular loan on your dashboard

2. Click on Cash Repayment

3. Enter the details of the repayment in the form

   1. Payment Amount - the amount that was paid by the customer.

   2. Receiving Bank - the bank into which the customer paid.

   3. Account Number - the account number into which the customer paid.

   4. Reference - any reference of your choice

      • For reconciliation purposes, you may enter the Transaction Reference from the Bank Credit Alert.

4. Click Make Repayment to save your entry

The repayment is done and the loan is updated.

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