How to reach here:
At times customer need to refer their previous loan accounts which are in closed status. Summary of such closed accounts is displayed on dashboard.
User can view closed loan accounts in cards view. Closed loan account details screen provide loan account details and account preferences under which the account is opened 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:
Payment Dashboard > Closed Loans Card > Closed Loan Account Card > Closed Loan Account Card Details
To view closed loan card details:
Closed Loan Account Card
Field Description
|
Field Name |
Description |
|---|---|
|
List of Cards |
Displays the list of closed loan cards. |
|
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. |
|
Product/ Offer Name |
Name of offer /product under which the loan account is opened. |
|
Loan Account Number |
Loan account number in masked format. |
|
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. |
|
Outstanding Amount |
Outstanding loan amount along with the currency. |
Closed Loan Details
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. |
|
Account Details |
|
|
Customer ID |
Customer ID of the account. Note: It displays the primary customer ID of the account in case of joint account. |
|
Opening Date |
Loan account opening date. |
|
Maturity Date |
Loan account maturity date. |
|
Status |
Status of loan account. Note: It displays the Closed status for closed loan accounts. |
|
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. |
|
Facility ID |
Facility ID under which loan account is opened. |
|
Branch |
Branch in which loan account is opened. |
|
Loan Amounts |
|
|
Sanctioned Loan Amount |
Sanctioned loan amount along with the currency. |
|
Total Amount Disbursed |
Disbursed loan amount along with the currency. |
|
Amount Re-paid Till Date |
Total amount repaid by the customer on the loan, till date with currency. |
|
Outstanding Amount |
Outstanding loan amount along with the currency. |
|
Repayment |
|
|
Interest Frequency |
Intervals at which the interest is to be paid. The options are:
|
|
Principal Frequency |
Intervals at which the principal is to be repaid. The options are:
|
|
Repayment Mode |
Repayment mode for the loan account as set up in the processing system. |
|
Late Payment Penalty |
Rate of interest charged in case of default in repayment. |
|
Prepayment Penalty |
Rate of interest to be paid as penalty by the customer on payment made in advance on the loan. |
|
Installments |
|
|
Loan Tenure |
Loan term. |
|
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 on which next installment to be paid. |
|
Next Installment Amount |
Amount to be paid as next installment. |
|
Arrears |
|
|
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. |
|
Other Fees |
Other fees applicable for the loan account. |
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