# 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.\\

<table data-header-hidden><thead><tr><th width="183">Field name (attribute)</th><th>Description</th><th>Example</th><th>Validations (if applicable)</th></tr></thead><tbody><tr><td>Field name (attribute)</td><td>Description</td><td>Example</td><td>Validations (if applicable)</td></tr><tr><td>Maximum allowed outstanding balance</td><td>The maximum outstanding loan account balance allowed at a point in time.</td><td>1000</td><td>Numeric field (assumes the loan product currency applies)</td></tr><tr><td>Maximum Tranche count</td><td>The maximum number of disbursements allowed for a loan account.</td><td>5</td><td>Numeric field</td></tr></tbody></table>
