Loan Restructuring
Loan ID: LOAN-007 • Member: Rajesh Kumar (MEM-101)
Member Information
MemberRajesh Kumar (MEM-101)
Current Loan Terms
Loan Amount₹100,000
Tenure12 months
EMI₹8,333
Outstanding Principal₹50,000
Paid Installments6 / 12
PurposeHome renovation
New Loan Terms
Modify the loan terms below. All fields are pre-filled with current values and can be edited. At least one field must be changed.
Current: ₹100,000 • Minimum: ₹50,000
Current: 12 months • Range: 1-60 months
Current: ₹8,333 • Auto-calculated: EMI = Amount ÷ Tenure (0% interest)
This will be recorded in the loan history and audit trail
Important Notes:
- If loan amount is increased, eligibility will be checked
- New terms must be feasible (EMI × Tenure ≥ Outstanding Principal)
- Member will be notified of the restructuring
- New EMI schedule will be generated automatically