Operations & Management

Penalty & Interest Automation

Apply late fees and penal interest automatically based on rules you define, with zero manual calculation.

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How It Works

Get Started in Three Steps

1

Go to settings

Open Penalty & Interest Automation from the settings page.

2

Choose your rules

Set penalties as a percentage or fixed amount, applied daily or one-time.

3

Save and activate

Penalties and interest now apply automatically across overdue loans.

Ready to Use Penalty & Interest Automation?

Apply late fees and penal interest automatically based on rules you define, with zero manual calculation.

Book a Demo