How To Fix /PM0/ALP_BTX120 - Policy loan for contract &1 exceeds maximum loan value &2

/PM0/ALP_BTX120 - Overview

• Message type: E = Error

• Message class: /PM0/ALP_BTX -

• Message number: 120

• Message text: Policy loan for contract &1 exceeds maximum loan value &2

Self-Explanatory Message

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/PM0/ALP_BTX120 - Details

• The SAP error message /PM0/ALP_BTX120 indicates that a policy loan request for a specific contract exceeds the maximum allowable loan value for that contract. This error typically arises in the context of insurance or financial services modules within SAP, particularly when dealing with policy loans.
  
  Cause:
  
  Exceeding Maximum Loan Value: The primary cause of this error is that the requested loan amount exceeds the maximum loan value that is defined for the specific insurance policy or contract. This maximum value is usually determined based on the policy's cash value, surrender value, or other financial metrics.
  Incorrect Policy Configuration: The policy may not be configured correctly in the system, leading to incorrect calculations of the maximum loan value.
  Data Entry Errors: There may be errors in the data entry for the loan request, such as entering an incorrect loan amount.
  
  
  Solution:
  
  Verify Loan Amount: Check the loan amount being requested and ensure it is within the allowable