FCIF

Flow for minimum deposit payment and loan creation is given below:

1. Minimum Deposit / Deposit payment is made on MIB Website and creates the policy.

2. Policy details are created on MIB Platform.

3. Once Loan is migrated to EPIC by MIB's Services, FCIF API will be used to create Loan for the policy.

4. If client already exists on FCIF platform we will map the loan against the existing client. Otherwise, we will create a new client on FCIF portal using API

5. Then Loan Create API will be used to create loan against the policy

6. Once Loan is Created then We will store related details (Like Reference Number) in the MIB's database.