1. PrimeSoft Solutions (K) Ltd SAVCO Loan Penalties 3.5 & 4.x

2. How is Loan Penalty Calculated? Based on Outstanding Loan Where Loan Due Days is Greater or Equal to Limit as: Fixed Amount Percentage of Balance Step Values on Lookup Table Based on Outstanding Loan Where Loan Due Days is Greater or Equal to Limit as: Fixed Amount Percentage of Balance Step Values on Lookup Table

3. Loan Penalty Pre-Requisites Settings Company Accounts/User Settings Penalty Account (A/C) A/C Also in Member Accounts Default Limit Days Transaction Destiny Loan Product Settings Penalty Calculation Method Company Accounts/User Settings Penalty Account (A/C) A/C Also in Member Accounts Default Limit Days Transaction Destiny Loan Product Settings Penalty Calculation Method

4. Where to Find Relevant Company Settings

5. Loan Product Settings on Loan Penalty This is an Example – More Than 50 Loan Settings Available

6. Loan Penalty Destiny From Workbench Generate Loan Penalties Generate Journals? Yes No Journal Generated Awaiting Amendment and Posting Remittance Workbench Waiting Confirmation and Posting

7. Loan Penalty Work Bench – Accessing Thru Menu

8. Loan Penalty Work Bench Previous Working is Displayed - You can Redo

9. Loan Penalty Work Bench – Over Due Calculations Recalculates Over Due Loans whose Due Date is beyond The limit Days. Limit Days: Days beyond due date on which the loan penalties are calculated. It is set in company Settings. You can modify limit days on the workbench

10. Loan Penalty Work Bench – Report Shows Report Below

11. Loan Penalty Work Bench – Recovery Notices Generates Loan Notice for the Selected Defaulted Loan or All Notices if no Specific Loan is Selected

12. Loan Penalty Work Bench – Post to Transactions Generates Transactions based on Chosen Destination See Next Slide What Happens When Journal Destination is Chosen in Company User Settings

13. Loan Penalty Work Bench – Generated Journal Edit and Post in the Usual Way

14. PrimeSoft Solutions (K) Ltd