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Feature #214

open

Epic #193: 2. Document - MIB-FCIF Intgration

2.3 Endorsement

Added by Dheeraj Kumar about 2 months ago. Updated about 15 hours ago.

Status:
New
Priority:
Normal
Start date:
12/18/2025
Due date:
% Done:

0%


Subtasks 1 (1 open0 closed)

Feature #218: 2.3.3 Additional and Reduced PremiumNew12/18/2025

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Actions #1

Updated by Dheeraj Kumar about 2 months ago

  • Subtask #218 added
Actions #2

Updated by Dheeraj Kumar about 2 months ago

MIB is allowing LPI to perform endorsement on existing (old) loans directly through the MIB platform, without involving the FCIF API. However, all new business and renewal processes must be carried out using the FCIF API.

Actions #3

Updated by Dheeraj Kumar about 2 months ago

  • Description updated (diff)
Actions #4

Updated by Dheeraj Kumar about 1 month ago

  • Status changed from Archieve to New
Actions #5

Updated by Dheeraj Kumar about 15 hours ago

  • Assignee set to Shreyanshi Srivastava
Actions #6

Updated by Dheeraj Kumar about 15 hours ago

@Shreyanshi Srivastava

  1. If Loan is created by MIB, then old method will follow. no FICF API's will be used.

  2. If Loan is created by FCIF,

IF client pays full amount of endorsement, No FCIF API will be called.
If client choose to pay endorsement amount in installments. FCIF's Endorsement API's will be called

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