How to reach here:
DisbursementDisbursement is the process by which the sanctioned loan amount is paid to the customer or seller (on behalf of the customer). of the loan amount depends on the type of loan product availed by the customer. Some loan products such as personal loan and auto loan have single disbursement policies. Certain loan products such as housing loan or education loan have multiple disbursement policies.
In case of multiple loan disbursements, the customer needs to know the disbursement details of the loan account. This feature allows the customer to view the disbursement details such as disbursed amount, disbursal date and sanctioned amount. It helps the customer to analyze the current position of the loan account 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 > Loan Account Card > Loan Details > Disbursement Details > Disbursement Inquiry
OR
Accounts > Loans and Finances > Disbursement Inquiry
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. |
|
Loan Account Number |
The loan account number in masked format along with the account nickname. The account number will be masked as per account number masking configurations. For more information on Account Nickname, click here. |
|
Sanctioned Amount |
The amount of loan that the bank has agreed to provide to the customer/s. |
|
Disbursed Amount |
The amount of loan that the bank has given the customer till date. |
|
Date |
The date on which the specific amount was disbursed. 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. |
|
Amount |
The amount disbursed on the specific date. |