Yes you will create the new loan with that amount (total non due instalments) - I understood this part. Once you remove the instalments on existing loan, the disbursed amount won't match with repayments principal portions right? It's not correct to reduce the disbursed amount value right. My question is related to this.
Thanks, Nazeer On Mon, Jan 5, 2026 at 12:24 AM Bhaskar Tiwari <[email protected]> wrote: > > What happens to the principal portion , Charges (If any) of instalments > you intended to remove? > *Answer:* Using non-due principal I want to create a new loan. > Also non-due installments does not have any changes accrued. > > ------------------------------ > *From:* Nazeer Hussain Shaik <[email protected]> > *Sent:* Monday, January 5, 2026 10:24 AM > *To:* [email protected] <[email protected]> > *Cc:* [email protected] <[email protected]> > *Subject:* Re: Query: Splitting an Existing Loan and Creating a New Loan > for Remaining Installments > > It is not possible to remove the instalments (Due / Non due) once the loan > is active. > > My question to you: > - What happens to the principal portion , Charges (If any) of > instalments you intended to remove? > > > Thanks, > Nazeer > > On Sun, Jan 4, 2026 at 11:33 PM Bhaskar Tiwari <[email protected]> > wrote: > > Hi Bharath, > Thank you for your response—this is helpful. > However, I have one key scenario I would like to clarify. I want to keep > the existing loan active with only the installments that are already due > (or up to a certain point) and remove the not-yet-due future installments. > Based on those removed future installments, I would then like to create a > new loan. > Could you please advise if there is a supported way in Fineract to achieve > this behavior? > > > > ------------------------------ > *From:* Bharath Gowda <[email protected]> > *Sent:* Sunday, January 4, 2026 12:04 PM > *To:* [email protected] <[email protected]> > *Subject:* Re: Query: Splitting an Existing Loan and Creating a New Loan > for Remaining Installments > > Hi Bhaskar, > > You can explore the following options to see if it meet your requirements. > > 1. To use the Top-up loan feature in Fineract > A top-up loan allows you to create another loan from the existing loan. > You can refer to this > <https://docs.mifos.org/mifosx/user-manual/for-administrators-mifos-x-platform/administration/products/loan-products/loan-product-fields/configuring-and-disbursing-of-top-up-loan> > document > for more information > > 2. Write off and re-create a loan > This can be an effective workaround where you can write--off the loan as > of the 8th installment date and create a new loan with just 4 installments > and the previous principal balance. > The only thing you need to verify is the accounting entries if you are > using Fineract accounting. > You can refer to this > <https://docs.mifos.org/mifosx/user-manual/for-operational-users-mifos-x-web-app/accounts-and-transactions/loan-accounts/how-to-write-off-a-loan-account#to-write-off-a-loan-account> > document > for more information > > > > Let me know if you have any questions > > > > Regards, > Bharath > Lead Implementation Analyst | Mifos Initiative > PMC Member | Apache Fineract > Mobile: +91.7019635592 > http://mifos.org * <http://facebook.com/mifos>* * > <http://www.twitter.com/mifos>* > > > On Fri, Jan 2, 2026 at 9:32 AM Bhaskar Tiwari <[email protected]> > wrote: > > Hello Fineract Community, > I am currently using the Apache Fineract application and have a question > regarding loan restructuring. > I have created a monthly installment loan with a total of 15 installments. > The repayment schedule is as follows: > > - Installments 1 - 4: Fully paid > - Installments 5 – 8: Due and not yet paid > - Installments 9 – 12: Not yet due > > For reference, the original loan schedule looks like this: > Installment No. > Due Date > Paid status > 1 > 31-May-25 > Paid > 2 > 30-Jun-25 > Paid > 3 > 31-Jul-25 > Paid > 4 > 31-Aug-25 > Paid > 5 > 30-Sep-25 > Due > 6 > 31-Oct-25 > Due > 7 > 30-Nov-25 > Due > 8 > 31-Dec-25 > Due > 9 > 31-Jan-26 > Not yet due > 10 > 28-Feb-26 > Not yet due > 11 > 31-Mar-26 > Not yet due > 12 > 30-Apr-26 > Not yet due > > Due to certain business reasons, I would now like to do the following: > > 1. Remove installments 9 to 12 from the existing loan which are not > due yet. > 2. Create a new loan with: > - Disbursement date as today (the date when this activity is > performed). > - Repayment schedule consisting only of installments 9 to 12 from > the original loan. > > In other words, the first loan should retain installments 1 to 8, and a > new loan should be created for the remaining future installments (9 to 12). > I would like to understand: > > - Whether this is possible in Fineract. > - If so, what is the recommended approach (API, loan rescheduling, > refinance, write-off and rebook, or any other supported method). > > Any guidance, documentation references, or best practices would be greatly > appreciated. > Thank you for your support. > > Regards, > Bhaskar Tiwari > > > > > *"Print this mail only if absolutely necessary. Save Paper. Save Trees."* * > Disclaimer: *“This electronic mail message sent from StrideOne (Stride > Fintree Private Limited) may contain Confidential/Restricted/Internal > information and should only be viewed by the intended recipients. Under no > circumstances may any such information be disclosed, copied, used or > distributed to any unauthorized persons or entities without the written > consent of Strideone. If you are not the intended recipient, any review, > retransmission, dissemination or reliance on the content of these materials > is strictly prohibited and may be the subject of legal action. If you > received this email in error, please notify the sender and delete the > message immediately.” > > > > *"Print this mail only if absolutely necessary. Save Paper. Save Trees."* * > Disclaimer: *“This electronic mail message sent from StrideOne (Stride > Fintree Private Limited) may contain Confidential/Restricted/Internal > information and should only be viewed by the intended recipients. Under no > circumstances may any such information be disclosed, copied, used or > distributed to any unauthorized persons or entities without the written > consent of Strideone. If you are not the intended recipient, any review, > retransmission, dissemination or reliance on the content of these materials > is strictly prohibited and may be the subject of legal action. If you > received this email in error, please notify the sender and delete the > message immediately.” > > > > *"Print this mail only if absolutely necessary. Save Paper. Save Trees."* * > Disclaimer: *“This electronic mail message sent from StrideOne (Stride > Fintree Private Limited) may contain Confidential/Restricted/Internal > information and should only be viewed by the intended recipients. Under no > circumstances may any such information be disclosed, copied, used or > distributed to any unauthorized persons or entities without the written > consent of Strideone. If you are not the intended recipient, any review, > retransmission, dissemination or reliance on the content of these materials > is strictly prohibited and may be the subject of legal action. If you > received this email in error, please notify the sender and delete the > message immediately.” >
