Interest Slab Config
Configure interest rules for new pledges and Pay and Close — Settings → Master.
What is this page?
Interest Slab Config defines how much interest you charge by loan amount, tenure, and product type — including rules for Pay and Close.
Settings → Master → Interest Slab Config (/settings/masters/interest-slab-config).
Why you use this page
- New pledges auto-pick interest from active slab.
- Pay and Close screen uses Pay and Close slab type for settlement charges.
What you see on the screen
What you will see on the screen
- Slab list — named configurations.
- Add slab modal — jewel type, slab type (new pledge vs Pay and Close).
- Loan amount ranges — different rates for different sizes.
- Tenure ranges — required for Pay and Close type slabs.
Step-by-step: add interest slab for new pledges
Open Interest Slab Config
Settings → Master → Interest Slab Config.
Add slab
Open add modal → pick jewel type (Gold/Silver/Brass).
Set slab type
Choose type for new pledge interest (not Pay and Close unless intended).
Add loan amount ranges
For each range, set interest % or amount per shop rules.
Save
Error if ranges empty — fill all required rows.
Step-by-step: Pay and Close slab
Add slab with Pay and Close type
In modal, select Pay and Close as slab type.
Add tenure ranges
System requires at least one tenure range for Pay and Close — add charges per period.
Link loan amount ranges
Merge tenure charges with amount ranges as form guides.
Save and test
Run test Pay and Close on small pledge — verify interest matches shop board.
What happens after save?
- Add Pledge calculates interest from active slab.
- Pay and Close uses Pay and Close slab for closing charges.
Tips
| Tip | Why |
|---|---|
| Match signed shop board | Legal compliance |
| Document changes | Tell staff when rates change |
| Test both pledge and close | Two slab types |
If something goes wrong
| Problem | What to do |
|---|---|
| “Add tenure range for Pay and Close” | Add missing tenure block |
| Wrong interest on pledge | Wrong slab active date or jewel type |
| Cannot save slab | Validation — read red fields |