FCIF

Feature #208

Updated by Dheeraj Kumar about 2 months ago

When a client opts for installment-based payment during new policy creation: 
 1.MIB invokes the FCIF Calculator API to compute installment amounts. 

 ![](clipboard-202512181619-ltsij.png) 

 2.The client can modify the deposit amount — MIB re-calls the FCIF Calculator API to refresh installment results. 

 ![](clipboard-202512181619-2filg.png) 

 3.Minimum Deposit / Deposit payment is made on MIB Website and creates the policy.  
 4.Policy details are migrated to MIB, while loan details are created and stored in FCIF platform, and FCIF platform will migrate loan related transactions to FCIF’s EPIC.

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