financing account Statement

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

Transaction filters are provided to enable search based on certain criteria. A customer can search transactions on the basis of date range and transaction type (debit only, credit only or both).

Transaction details are fetched online and displayed on the screen. The PDF icon provided, enables saving of the activities displayed on page in pdf format.

How to reach here:

Dashboard > Loans and Finances > My Loans page > Overview > Mini Statement > Statement

Field Description

 

Field Name	Description
Customer Name	Names of the loan account holders. Depending on the holding pattern, one or multiple names will be displayed.
Financing Account Number	Financing 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. If you select Select Date Range option, select the From and ToDate.
3. 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	Date on which transaction took place.
Description	A short description of the transaction.
Reference Number	Transaction reference number.
Transaction Amount	The amount for which transaction took place.
Debit / Credit Indicator	Indicator identifying whether the transaction was a debit or a credit transaction.

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

5. To sort the Records

• Click to download the list in PDF format.
• Click to sort records in ascending or descending order.
• Click to view the first page of the transaction record list.
  OR
  Click to view the previous page of the transaction record list.
  OR
  Click to view the next page of the transaction record list.
  OR
  Click to view the last page of the transaction record list.
  

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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