# How to Add a Charge to a Loan Account

Charges (fees and penalties) can be charged to loan accounts in three ways: 

* Charges are inherited from the product definition. A loan officer may have the ability to remove one or more of these charges from a loan account. When a charge is removed from a loan account, other loan accounts are not affected.
* Charges (not yet associated with the loan account) can be selected and attached to the loan account.
* Miscellaneous charges (one time charge) can be charged to a loan account. The loan officer specifies the amount, which is added in the next payment.

Charges may be added at the time of loan account application and when a loan account is Pending Approval, Approved, and Active. Adding a charge to a loan account does not affect the loan account's status

### **To inherit charges from the product definition**

While completing a loan account application for a client, keep the charges that appear in the loan account. Complete any fields that do not default such as a date that may be required.

### To add charges to a loan account

When editing a loan account, navigate to the Charges section. [See Loan Account Fields Charges](https://docs.mifos.org/mifosx/user-manual/for-operational-users-mifos-x-web-app/accounts-and-transactions/loan-accounts/how-to-create-a-loan-account-application/loan-account-fields).

### To add miscellaneous (one-time) charges to a loan account

When viewing a loan account, click **+Add Loan Charge** on the action bar.

1. Select **Charge** type from the list.
2. Complete the fields required for the charge.
3. Click **Submit**.

### Related articles

* Page:[Share Accounts](https://docs.mifos.org/mifosx/user-manual/for-operational-users-mifos-x-web-app/accounts-and-transactions/share-accounts)
* Page:[How to Prepay a Loan Account](https://docs.mifos.org/mifosx/user-manual/for-operational-users-mifos-x-web-app/accounts-and-transactions/loan-accounts/how-to-prepay-a-loan-account)
* Page:[Using collection sheet or other payment types for making payments](https://docs.mifos.org/mifosx/user-manual/for-operational-users-mifos-x-web-app/accounts-and-transactions/loan-accounts/using-collection-sheet-or-other-payment-types-for-making-payments)
* Page:[How to Assign a Loan Officer](https://docs.mifos.org/mifosx/user-manual/for-operational-users-mifos-x-web-app/accounts-and-transactions/loan-accounts/how-to-assign-a-loan-officer)
* Page:[How to Add a Charge to a Loan Account](https://docs.mifos.org/mifosx/user-manual/for-operational-users-mifos-x-web-app/accounts-and-transactions/deposit-accounts/mifos-x-saving-accounts/how-to-add-a-charge-to-a-saving-account)