Sequence
Element
Name
Type
Requirement
Min
Max
Repeat
01
Loan Type Code
Identifier (ID)
Mandatory
1
2
1
Code identifing the loan program or type
02
Amount Qualifier Code
Identifier (ID)
Mandatory
1
3
1
Code specifying the amount qualifier
03
Monetary Amount
Decimal number (R)
Mandatory
1
18
1
Monetary amount
IDB03 is the outstanding balance.
04
Interest Rate
Decimal number (R)
Conditional
1
6
1
The interest rate as a percentage
P0405: If either IDB-04 or IDB-05 is present, then the other is required
05
Loan Rate Type Code
Identifier (ID)
Conditional
1
1
1
Code indicating the characteristics of the loan rate