Customers need to know their loan account details and account preferences under which the account is opened. The Loan account details screen provides these information to the customer.
Customer can view account’s basic information such as personal information, holding patterns, disbursement details, outstanding amount, and repayment details and arrears.
Note: The loan features like Repay, Schedule, and DisbursementDisbursement is the process by which the sanctioned loan amount is paid to the customer or seller (on behalf of the customer). Details are not available for closed loan accounts.
How to reach here:
Overview > Loan Account Summary > Loan Details
Field Name |
Description |
---|---|
Select Account |
Loan account number in masked format. |
Product Name |
Name of the loan account. |
Borrowing |
|
Sanctioned Amount |
Sanctioned loan amount along with the currency. |
Opening Date |
Loan account opening date. |
Maturity Date |
Loan account maturity date. |
Interest Rate |
Interest rate applicable to the loan account. Note: It displays the net interest rate applicable to the loan account as on the inquiry date. |
Disbursed Amount |
Disbursed loan amount along with the currency. |
Loan Branch |
Branch in which loan account is opened. |
Account Status |
Status of the loan account. Note: It displays the Closed status for closed loan accounts. |
Facility ID |
Facility Id under which loan account is opened. |
Arrears |
|
Amount Prepaid |
Total amount repaid by the customer on the loan, till date. with currency |
Outstanding Amount |
Outstanding loan amount along with the currency. |
Principal Arrears |
Pending principal arrears for the loan account. |
Interest Arrears |
Pending interest arrears for the loan account. |
Late Payment Charges |
Late payment charges for the loan account. |
Fees |
Other fees applicable for the loan account. |
Repayment |
|
Loan Term |
Tenure of the loan. |
Total Installments |
Total number of installments applicable for the loan account. |
Remaining Installments |
Remaining installments in the loan account as on the date of inquiry. |
Next Installment Date |
Date of next installment . |
Next Installment Amount |
Amount to be paid as next installment . |
Late Payment Penalty |
Rate of interest charged in case of default in repayment. |
Pre Payment Penalty |
Rate of interest to be paid as penalty by the customer on payment made in advance on the loan. |
Transactions |
|
Date |
Date of the transaction performed. |
Description |
Description of the transaction performed. |
Reference No |
Reference number of the transaction performed. |
Amount |
Transaction amount along with the type of the transaction performed that is either credit or debit.. |
To view the loan account details:
You can also perform following account related transactions:
Note: To navigate to Overview screen, click .
FAQs