As an admin, savings product can be created with the right permissions on the Lendsqr’s admin console in just a few steps:
- Go to the tab under product management
- Click on the button at the top right corner to open the setup form.
- Enter your details in this section of the form to set up key parameters like the amount range, tenor, and interest rate
- After that, proceed to fill the product offerings section to define the savings options your users will see. These must stay within the bounds of the product details you set earlier.
- Lastly, fill in the additional details to choose whether the product is a fixed savings/investment or a locked savings plan.
- Once you’re done filling the form, click the “create” button to publish the product.
Read further: What is Lendsqr, and how does it work?