FCIF

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.

@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