# Tranche Loan Fields

#### **Loan Product Fields—Additional Fields for Tranche Loans** <a href="#trancheloanfields-loanproductfields-additionalfieldsfortrancheloans" id="trancheloanfields-loanproductfields-additionalfieldsfortrancheloans"></a>

A loan product of this type may be used to cover a situation, like construction, where the borrower is making progressive payments up to the total principal amount approved for the loan account. In the example in the table below, up to 5 disbursements may be made to a total outstanding balance of 1000 (in the loan currency). When a loan account is opened, the actual number of disbursements and its maximum outstanding balance (up to a maximum of 1000) will be fixed.<br>

| Field name (attribute)              | Description                                                              | Example | Validations (if applicable)                               |
| ----------------------------------- | ------------------------------------------------------------------------ | ------- | --------------------------------------------------------- |
| Maximum allowed outstanding balance | The maximum outstanding loan account balance allowed at a point in time. | 1000    | Numeric field (assumes the loan product currency applies) |
| Maximum Tranche count               | The maximum number of disbursements allowed for a loan account.          | 5       | Numeric field                                             |


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.mifos.org/mifosx/user-manual/for-administrators-mifos-x-platform/administration/products/loan-products/loan-product-fields/tranche-loan-fields.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.
