The entire consumer loan operations is facilitated through endpoints within the Loan Category. These endpoints enable various functionalities, such as creating new loans, previewing extant loans, and the retrieval of comprehensive loan summaries as per the business requirements.

Endpoints

EndpointTypeDescription
Preview Loan**POST**This particular API is designed to facilitate the computation of the repayment schedule for a given loan. The API utilizes the requested principal amount and loan tenure as inputs. It returns a comprehensive response including the charges, approved and available credit, the total amount due, and the date the loan must be repaid.
Create Loan**POST**The endpoints enable consumers to generate new loans based on the parameters provided and the KYC performed.
Loan Summary**GET**This API helps to get all information for a particular loan. For the requested loan ID, this API returns information like loan amount, loan tenure, loan type, loan status, charges, total due amount, loan creation date, and payments against the loan.