When the loan-to-security value ratio drops below a certain threshold, an automatic Loan Security Shortfall is generated for that particular loan.

To access the Loan Security Shortfall list, go to:

> Home > Loan Management > Loan Security > Loan Security Shortfall

A Loan Security Shortfall contains the details about:

• Loan: The Loan against which there is a Loan to security value shortfall.
• Shortfall Time: The time at which the shortfall record was created.
• Status: The shortfall status initially defaults to “Pending” and transitions to “Complete” once a payment is made or additional security is pledged against the loan to address the shortfall.
• Loan Amount: Loan amount is the pending loan amount which is used for shortfall calculation.
• Security Value: Security Value is the current pledged security value.
• Shortfall Amount: The shortfall amount represents the disparity between the loan amount and the value of the security, which must be repaid to rectify the shortfall.

1. Features

Extra Loan Security can be pledged against a loan directly from the Loan Security Shortfall section by utilizing the “Add Loan Security” button located at the top right corner.