This feature displays the loan payment amount, maturity date and total interest for a particular loan amount, interest rate and period in months. It also displays the amortization schedule.

Steps to use loan calculator

1.   Login to (IRIS Digital Banking Application).

2.   Click Loan sub menu under Calculators menu.

3.   Input loan amount, interest rate and period in months.

4.   Click Show schedule.

5.   Click Calculate.

System displays the results and amortization schedule.