# Setting up Minimum Days between Disbursal and First Repayment

#### How to Configure?

1\. Navigate to **Admin**>> **Products**>> **Loan Products**>>click on ![](https://mifosforge.jira.com/wiki/download/attachments/156106759/1.png?version=1\&modificationDate=1472634810352\&cacheVersion=1\&api=v2)

![](https://mifosforge.jira.com/wiki/download/thumbnails/156106759/Screenshot%20from%202019-06-11%2015-19-12.png?version=1\&modificationDate=1560262884191\&cacheVersion=1\&api=v2\&width=850)

2\. Define the loan product as per your requirement, while defining it, provide the number of days between disbursal date and first repayment in the field provided **"Minimum days between disbursal and first repayment date"** under the "**Terms**" field.

![](https://mifosforge.jira.com/wiki/download/thumbnails/156106759/Screenshot%20from%202019-06-11%2015-53-34.png?version=1\&modificationDate=1560264896654\&cacheVersion=1\&api=v2\&width=850)

3\. Click ![](https://mifosforge.jira.com/wiki/download/thumbnails/156106759/4.png?version=1\&modificationDate=1472634809441\&cacheVersion=1\&api=v2\&width=55)

4.Below you can see the defined loan product with **"Minimum days between disbursal and first repayment date".** 

![](https://mifosforge.jira.com/wiki/download/thumbnails/156106759/Screenshot%20from%202019-06-11%2015-56-01.png?version=1\&modificationDate=1560265030403\&cacheVersion=1\&api=v2\&width=850)

#### **How to Create?**

1.Navigate to **client's** page and click on ![](https://mifosforge.jira.com/wiki/download/attachments/156106759/6.png?version=1\&modificationDate=1472634808796\&cacheVersion=1\&api=v2)

![](https://mifosforge.jira.com/wiki/download/thumbnails/156106759/Screenshot%20from%202019-06-11%2016-04-10.png?version=1\&modificationDate=1560277704564\&cacheVersion=1\&api=v2\&width=850)

2\. Select the appropriate **Loan Product** that is configured for "**Minimum days between disbursal and first repayment date".**

![](https://mifosforge.jira.com/wiki/download/thumbnails/156106759/Screenshot%20from%202019-06-11%2018-50-32.png?version=1\&modificationDate=1560277746935\&cacheVersion=1\&api=v2\&width=850)

3\. Next, while filling the loan application make sure that **'Disbursement on'** under the "Details" field and **'First Repayment on'** under the "Terms" field are provided with the dates in such a way that it should meet the criteria of minimum days as defined in **Loan Product**. 

{% hint style="warning" %}
In **Loan product** if you have defined "**Minimum days between disbursal and first repayment date**" as 10 days, then at the time of filling loan application provide 10 days gap between **'Disbursement date'** and **'First Repayment date'.**
{% endhint %}

![](https://mifosforge.jira.com/wiki/download/thumbnails/156106759/Screenshot%20from%202019-06-11%2019-08-48.png?version=1\&modificationDate=1560278386117\&cacheVersion=1\&api=v2\&width=850)

![](https://mifosforge.jira.com/wiki/download/thumbnails/156106759/Screenshot%20from%202019-06-11%2019-09-27.png?version=1\&modificationDate=1560278422421\&cacheVersion=1\&api=v2\&width=850)

4\. Click ![](https://mifosforge.jira.com/wiki/download/attachments/156106759/4.png?version=1\&modificationDate=1472634809441\&cacheVersion=1\&api=v2)

5.In the next step **Approve** the loan.

![](https://mifosforge.jira.com/wiki/download/thumbnails/156106759/Screenshot%20from%202019-06-11%2020-04-50.png?version=1\&modificationDate=1560286709206\&cacheVersion=1\&api=v2\&width=850)

   Click on the "**Submit**" button.

6\. Finally **Disburse** it.

![](https://mifosforge.jira.com/wiki/download/thumbnails/156106759/Screenshot%20from%202019-06-11%2022-01-32.png?version=1\&modificationDate=1560286964791\&cacheVersion=1\&api=v2\&width=850)


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