Possible enumeration values:

NameValueDescription
StandardPercentageOfArrears

0

PercentageOfBalance

1

FixedAmount

2

PercentageOfBalanceBasedOnArrears

3

PeriodicArrears

4

It does calculate sum of penalty for each late payment period. If one account has arrear in two payment periods, it calculates a penalty for both payment periods. For 1st period = 1st loan due + interest due till 1st period. For 2 nd period = 1st loan due + 2nd loan due + interest due till 2nd period.

PercentageOfArrears

5