# EMI Module With this module, you can easily sell your products/invoices individually in installments directly to customers. You can make installment plans with different variations like Simple Interest Compound Interest, Late Payment Penalty, Define Interest rates, and many more. ### Explore All Features Check out all the features listed below to know more about our installment module so you can use more efficiently depending on your business need. * Customizable plans with variations (Simple Interest, Compound Interest, Late Payment Penalty) * Interest rate definition * Multiple installment plan creation * Installment collections * Comprehensive reports on payment status and trends * Flexible payment schedules * Automated notifications * Customer account management * Refund handling within the installment framework * Customizable late payment policies --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.kbgfuzion.com/erp/knowledge-base/modules/emi-module.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.