Published on : June 01, 2020
What is Insurance Fees?
Sets the Range for the Processing Fees and Validates whether the Provided Processing Fees is Valid or Not
Service Used: sublan_eligibility.insurance_fees
Keys used in this section are :
| Collect | Should Insurance Fees be collected If yes then Insurance fees must be collected though it may be set to 0 | Varchar Values |
| min outer_min max outer_max | The range in which the insurance Fees has to be. Outside the boundaries results in an error. For minimum: maximum of (min,outer_min) For Maximum: minimum of (max, outer_max) | Integer Values |
| default | Default Insurance Fees for this scheme | Integer Values |
| fixed | The fixed Insurance Fees for this loan. Cannot be changed | Integer Values |
| skip | To skip this attribute we would add skip in product | varchar |
Logic: Calculation of Insurance fees
Product Settings
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Product Settings is Not Mandatory (na if no settings)
Skip
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Allowed
Collect
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If yes then insurance fees is collect
If no then insurance fees is not collect (na if no)
Required
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Required - Defaults to Calc.
Can be over written by rtsettings
Can be overwritten by Product Settings
Max
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Max is compulsory
Minimum of max,outer_max
Min
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Min is compulsory
Max of 0,min,outer_min
Calc Insurance Fees
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In the Order below:
loan.loan_details.insurance_fees
settings.fixed
settings.default
dealer_codes (get the dealer.codes using sublan manage)
Calculated Max
Check
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Compare that insurance fees is between range
Build the insurance array with 6months of inc
Output: "insurance_fees" => array(11)
[
"min" => int(0)
"max" => int(0)
"debug" => array(3)
"collect" => string(3) "yes"
"insurance_fees" => float(0)
"insurance_code" => NULL
"dealer_codes" => array(1)
"insurance_tenure" => NULL
"insurance_tenures" => array(11)
"status" => string(7) "success"
"message" => string(25) "insurance fees calculated"
]Visual Output
