DisbursementDisbursement is the process by which the sanctioned loan amount is paid to the customer or seller (on behalf of the customer). of the finances amount depend on the type of Islamic Financing product availed by the customer. Some products such as personal and auto have single disbursement policies. Certain products such as housing loan, education loan have multiple disbursement policies.
In case of multiple disbursements of product, customer needs to know the disbursement details of the account. This feature allows the customer to view the disbursement details such as financed disbursed amount, disbursal date and financed amount. It helps the customer to analyze the current position of the finance as to how much is disbursed and how much is yet to be disbursed.
How to reach here:
Dashboard > Loans and Finances > My Loans page > Overview > Account Card > Loan Details > Disbursement Details > Disbursement Inquiry
OR
Accounts > Loans and Finances > Disbursement Inquiry
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Field Name |
Description |
|---|---|
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Select Account Number |
Islamic Financing account number in masked format along with the account nickname. For more information on Account Nickname, click here. |
|
Financed Amount |
The approved financied amount along with the currency. |
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Financed Amount Disbursed |
The finance amount disbursed along with the currency as on the date of inquiry. |
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Date |
Disbursement date. Note: If there are multiple disbursements in the account, the last disbursement will be displayed first and others accordingly in that order. The last entry in this list should be of the first disbursement date. |
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Amount |
Amount disbursed as on the respective disbursement dates. |