Statement

Customers should be able to keep track of transactions on their loan accounts. The account statement feature allows customer to view details of all transactions done in their loan accounts. Account statement displays all debit and credit entries along with the transaction amount and reference details.

Transaction filters will be provided for the customer to allow search based on certain criteria. A customer can search a transactions basis date range and transaction type (debit only, credit only or both).

Transaction details will be fetched online and displayed on screen. PDF Icon is provided to save the activities displayed on page in pdf format.

How to reach here:

Loan Dashboard > Mini Statement > Statement

Field Description

 

Field Name	Description
Customer Name	Name of primary account holder in the loan account. Note: It displays the primary account holder name in case if the account has multiple borrowers.
Loan Account Number	Loan account number in masked format.
Filter/ Options
Transaction Period	Filters to view the transactions of a particular period. The options are: Current Period Previous Month Previous Quarter Select Date Range
From / To	Option to view transactions for the selected period. This field appears if you select the Date Range option from the first filter.
Transaction Description	Filters to view the transactions based on description. The options are: All Debits Only Credits Only

To generate the statement:

1. From the Transaction Period list, select the appropriate option.

2. Note: If you select Select Date Range option, select the From and To Date.

2. From the Transaction Description list, select the appropriate option to further customize the statement.
   Based on selected criteria, the loan statement appears.
   

Field Description

 

Field Name	Description
Date	Transaction date of the transaction.
Description	Short description of the transaction.
Reference Number	Transaction reference number.
Transaction Amount	Transaction amount.
Debit / Credit Indicator	Debit or credit indicator.

3. Click to download the transaction details in .pdf format. For more information click here.

Note: For more information on sorting records, click here

FAQs

How does the loan account holder keep informed of the transactions activities in the account?

You can avail the statement on adhoc request to the bank to get the details of the transactions made in account.

What information the loan statement provides?

The repayment track record i.e. the details of the repayment of loan towards interest, principle and outstanding principle for each and every month along with the other details i.e. part payment, other levied charges .

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