How To Fix FVD_CLI_CLOAN113 - Rate &1 is only permissible for the main borrower

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_CLI_CLOAN - Credit Life Insurance for Consumer Loan

• Message number: 113

• Message text: Rate &1 is only permissible for the main borrower

What causes this issue?

You have carried out the model calculation for two people to be insured.
One person has been awarded the rate &V1&. According to the Customizing
table (TDCLI_INSURANCE), this rate can only be awarded to the
policyholder. You then selected the main borrower (who is also the
policyholder when 2 people are to be insured). However this partner does
not have the rate &V1& for the policy holder.

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

System Response

How to fix this error?

You should either select the person with the rate &V1& as the main
borrower, or carry out a new model calculation, and award the rate &V1&
to the main borrower you have selected.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_CLI_CLOAN113 - Rate &1 is only permissible for the main borrower ?

  The SAP error message FVD_CLI_CLOAN113 indicates that there is an issue with the interest rate assigned to a loan in the context of a borrowing scenario. Specifically, the message states that the rate specified (denoted as &1) is only permissible for the main borrower, which means that the rate cannot be applied to other borrowers or co-borrowers in the loan agreement.
  Cause:
  
  Incorrect Rate Assignment: The interest rate being applied is intended only for the main borrower, but it has been incorrectly assigned to a co-borrower or another party involved in the loan.
  Configuration Issues: There may be configuration settings in the SAP system that restrict certain rates to only the main borrower.
  Data Entry Errors: There could be a mistake in the data entry where the rate was assigned to the wrong borrower type.
  
  Solution:
  
  Review Borrower Roles: Check the roles assigned to each borrower in the loan agreement. Ensure that the rate is only applied to the main borrower.
  Adjust Rate Assignment: If the rate is meant to be used for a co-borrower, you may need to assign a different rate that is permissible for that borrower type.
  Configuration Check: Consult with your SAP configuration team to verify if there are any settings that restrict the use of certain rates to the main borrower only. Adjust these settings if necessary.
  Data Correction: If the error is due to incorrect data entry, correct the entries in the loan agreement to reflect the appropriate borrower and rate assignments.
  
  Related Information:
  
  SAP Documentation: Refer to the SAP Help Portal for detailed documentation on loan management and interest rate assignments.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FVD1 (Create Loan) or FVD2 (Change Loan) to manage loan agreements.
  User Roles and Authorizations: Ensure that users have the appropriate roles and authorizations to make changes to loan agreements and interest rates.
  Testing Changes: After making any changes, conduct thorough testing to ensure that the error does not recur and that the loan agreement functions as intended.
  
  If the issue persists after following these steps, it may be beneficial to consult with SAP support or your internal SAP team for further assistance.