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Ashok, re-opening this issue as when looking at the loan product loan area with John and Sander the following came up which we should correct in this area:
1. Theres no need for the min/max columns to exist on the m_loan table, we would use the details from the loan product when creating/update the loan and once the loans goes active/disbursed we wouldnt allow change of interest rate, repayments, principal (for now)
2. Sander also pointed out that it doesnt make sense now to allow the user to change the 'period' type used for interest rate now that min and max fields are added e.g. the loan product is setup as min 1%, max 10%, default 2% per month - but when creating loan, user changes to 24% per year (same as 2% per month) but now the min max ranges dont make sense for per year as they were entered for the 'per month' period. So we should restrict people for been able to go for different period when creating loan account (doesnt make any sense really to have flexibility to change the advertised interest rate 'period' on product