How to reach here:
Using this option, user can view details of the Islamic Finance schedule with respect to repayment of the financed amount. It can be inquired for both active and closed Islamic finance accounts.
Repayment schedule provides the details of Profit, Principal, Charges, Installment amount and due date of the loan across the loan tenure.
The customer is able to identify important information such as the frequency in which repayment installments are made, the total number of installments and the number of installments paid and those that are pending.
How to reach here:
Dashboard > Loans and Finances > My Loans page > Overview > Account Card > Loan Details > Schedule > Schedule Inquiry
OR
Accounts > Loans and Finances > Schedule Inquiry
Field Description
|
Field Name |
Description |
|---|---|
|
First Installment |
Date on which first installment payment is due in the account.. |
|
Last Installment |
Date on which last installment payment is due in the account. |
|
Total Installments |
Total number of installments applicable for the account. |
|
Installments Paid |
Number of Installments paid till date. |
|
Amount paid till date |
Total amount paid till date for the loan account. |
|
Graphical Representation |
Islamic Finance account schedule is displayed in graphical form |
|
Date Range |
Select the period for which installment details in the repayment schedule to be seen. |
|
Sr No. |
Serial number of each installment is displayed against the record. |
|
Due Date |
Date of scheduled installment payment. |
|
Principal |
Principal amount that is due corresponding to the installment date. |
|
Charges |
Charge (fee) amount that is due corresponding to the installment date. |
|
Installment |
Total installment amount that is due corresponding to the installment date. |
|
Unpaid Installment |
Unpaid installment amount corresponding to the installment date. |
To view financing schedule:
To view next set of entries in Repayment ScheduleIn a Term Loan, post disbursement, the borrower is expected to repay the loan amount (Principal) and other components (Interest, Fee and Other Charges) on or before maturity date. If the loan continues after maturity then the outstanding amount is due immediately. Based on the characteristics of the loan product, repayment schedule is drawn. The repayment schedule consists of various stages (Interest, Principal, Moratorium, Principal & Interest and Post Maturity) of the account, click pagination icon.
to download the transaction details in .pdf format. For more information click here.