DisburseLoanRequestCommand
Overview
Executes the loan disbursement by transferring funds to customer's account.
Status: 📝 Documentation in progress
Command Structure
{
"cmd": "DisburseLoanRequestCommand",
"data": "{\"loanQuoteId\":110}"
}
Parameters
| Parameter | Type | Required | Description |
|---|---|---|---|
loanQuoteId | long | Yes | Loan application ID |
Prerequisites
- Loan must be FULLY_APPROVED
- Disbursement details must be set
- Collection details and mandate must be active
- Sufficient liquidity in disbursement account
Process
- Creates loan account in core banking
- Initiates fund transfer
- Updates loan status to DISBURSED
- Triggers disbursement notifications
- Starts repayment schedule