●Interest Engine GLOBAL
◆Manual Calcs Zero
●Methods Any type
◆Accrual Daily auto
●Fees 100% auto
◆Countries 180+
●Interest Engine GLOBAL
◆Manual Calcs Zero
●Methods Any type
◆Accrual Daily auto
●Fees 100% auto
◆Countries 180+
Core Banking · Interest & Fee Engine · zung.ai Global
Configurable interest.
Automated to
the last cent.
zung.ai's Interest & Fee Engine automates every calculation your institution requires — daily interest accrual, penalty computation, fee schedules, tier-based rates, and waiver workflows — for any product type globally. Zero manual calculations. Zero errors.
KM
AN
DR
SL
Any interest methodology — automated globally
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Zero
Manual Calc
Any
Method
Daily
Accrual
💚Interest accrual: 48,200 loans · $84,920 total todayAccrued · live
⚡Penalty triggered: Loan #44-B day 32 past due$24.00 · auto
💚Fee schedule: Origination fee $120 — Loan #LN-9821Posted · GL
💛Waiver request: Penalty $48 — routing to managerPending
⚡Daily interest accrual — all loan products auto
📊Penalty computation — configurable triggers
🔐Fee schedules — flat, percentage, tiered
🤖Waiver workflows — approval chain built-in
FLAT RATE · REDUCING BALANCE · RULE OF 78s · COMPOUND
Every interest calc automated — zero manual ✓
Any rate method configurable in minutes ✓
Zero
Manual interest calculations required
Any
Interest methodology configurable globally
Daily
Accrual for every loan product active
100%
Fee and penalty automation rate
Interest & fee capabilities
Any product. Any rate. Automated.
From flat rate to reducing balance, compound interest, Rule of 78s, and Islamic profit-sharing — configure any rate methodology and automate every accrual globally.
Daily Interest Accrual Engine
Daily accrual for every active loan — computed to 8 decimal places on the outstanding balance, posted to the GL in real time, and reflected in member statements without any human intervention globally.
Daily · ExactPenalty & Default Interest
Configurable penalty triggers — days past due, missed instalments, covenant breaches — with graduated penalty rates, penalty-on-penalty rules, and reversals for cured accounts globally.
Auto-PenaltyFee Schedule Management
Origination fees, processing fees, maintenance fees, early repayment fees, and late fees — all configurable by product, customer tier, amount band, and channel globally.
Fee BuilderTiered & Promotional Rates
Loyalty rate tiers, promotional introductory rates, volume-based pricing, and staff/member rate schedules — all managed from the rate configuration console without developer involvement globally.
Rate TiersWaiver & Write-Off Workflow
Multi-level waiver approval chains — penalty waivers, fee waivers, and interest waivers routed to the right approver automatically with GL impact shown before approval globally.
Waiver ChainAny Methodology
Flat rate, reducing balance, compound, Rule of 78s, actuarial, and Islamic profit-sharing — all supported. Switch methodology per product without rebuilding the loan book globally.
All MethodsInterest & Fee Engine
Automate every calculation. Zero errors. Ever.
zung.ai's Interest & Fee Engine handles every calculation for every product — daily accrual, penalties, fees, and waivers — without manual intervention across 180 countries globally.
Zero manualAny methodDaily accrualSOC 2 Type II