How to reach here:
Customers should be able to view details of all loans held with the bank including those that are currently closed. The loans dashboard, hence, displays a widget containing a summary of such closed loan accounts. The account details page of closed accounts displays information similar to that of active loans. Additional features available on the details page of active loans such as the facility view loan schedule, disbursement details or repay the loan are not available on the closed loans details page.
How to reach here:
Dashboard > My Accounts > Loans > Inactive / Closed
To view closed loan card details:
Closed Loan Account Card
Field Description
|
Field Name |
Description |
|---|---|
|
Customer Name |
Names of the primary holder of the 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. |
|
Product/ Offer Name |
The name of the loan product or offer. |
|
Loan Type |
The type of loan i.e. conventional or Islamic. |
|
Outstanding Amount |
Outstanding loan amount along with the currency. |
|
Transaction Amount |
The amount for which the transaction took place. |
Closed Loan Details
Field Description
|
Field Name |
Description |
|---|---|
|
Customer Name |
The name of the primary account holder of the loan. |
|
Account Number |
The loan account number in masked format along with the account nickname. The account number is masked as per account number masking configurations. For more information on Account Nickname click here. |
|
Net Outstanding Balance |
The net outstanding amount due to be paid by the customer. The outstanding balance includes outstanding principal, interest, penalties, and premature closure charges if any. |
|
Add Nickname |
Click |
|
Account Details |
|
|
Customer ID |
The primary holder’s customer ID in masked format. |
|
Opening Date |
The date on which the loan account was opened. |
|
Maturity Date |
Loan account maturity date. |
|
Status |
The current status of the loan account. Note: Since the details are being viewed of a loan account that has been closed, the status will be ‘Closed’. |
|
Interest Rate |
The interest rate charged on the loan. |
|
Facility ID |
The facility ID under which the loan account has been opened. |
|
Branch |
The branch in which the loan account is held. |
|
Loan Amounts |
|
|
Sanctioned Loan Amount |
The amount of loan that the bank had agreed to provide to the customer/ s. |
|
Total Amount Disbursed |
The total amount of loan given to the customer. |
|
Amount Re-paid till Date |
Total loan amount repaid by the customer till date. |
|
Outstanding Amount |
The total amount due to be paid by the customer. |
|
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 |
The mode through which loan repayments have been made. |
|
Late Payment Penalty |
The percentage rate charge applicable in case of default in repayment. |
|
Prepayment Penalty |
The percentage charge that was applicable if the loan was prepaid. |
|
Installments |
|
|
Loan Tenure |
The duration for which the loan amount was sanctioned in terms of years/months/days. |
|
Total Installments |
The total number of scheduled payments made towards repaying the loan. |
|
Remaining Installments |
The number of scheduled payments remaining towards repaying the loan completely. |
|
Next Installment Date |
Date on which next installment to be paid. |
|
Next Installment Amount |
Amount to be paid as next installment. |
|
Arrears |
|
|
Principal Arrears |
The amount due on the loan principal after having missed one or more repayment installments. |
|
Interest Arrears |
The amount due towards loan interest payment. |
|
Late Payment Charges |
The charges levied on any late payment of a loan installment. |
|
Other Fees |
Other/ miscellaneous fees applicable on the loan account. |
, to add nickname, for more information on Account Nickname