# 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                                             |