Loan Details

The loan details page displays important information pertaining to a loan account such as the current status of the loan, interest rate, sanctioned amount and total amount outstanding, the branch in which the loan is held as well as important dates associated with the loan such as the opening date and maturity date.

Account Details – This section displays the basic details about the loan such as the opening date, maturity date, current status, etc.
Loan Amounts – This section comprises of information such as the sanctioned loan amount, total amount disbursed, the amount repaid till date and the total outstanding amount.
Repayment – This section displays repayment details that comprise of repayment frequency, repayment mode and the penalty charge rates for late payment and prepayment.
Installments – This section displays loan installment details such as the tenure of the loan, total installments, the number of installments remaining as well as the next installment date and amount.
Arrears – This section displays information pertaining to arrears including amount of principal and interest arrears, late payment charges and any other fees applicable.

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Dashboard > My Accounts > Loans > More Options > Loan Details

To view loan account details:

Field Description

Field Name	Description
Customer Name	The name of the primary account holder is displayed here.
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. Click , to add nickname , for more information on Account Nickname click here.
Net Outstanding Balance	The total amount outstanding on the loan is displayed here.
Nickname	The nickname given to the loan account by the account holder. This nickname can be changed or deleted.
Account Details
Customer ID	The primary account holder’s customer ID in masked format.
Opening Date	The date on which the loan account was opened.
Maturity Date	The date on which the loan account will mature.
Status	The current status of the loan account.
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 has agreed to provide to the customer/ s.
Total Amount Disbursed	The actual amount of loan that the bank has given the customer till date.
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. It could be: Daily Weekly One Time Payment monthly Bi monthly quarterly semi-annually annually
Principal Frequency	Intervals at which the principal is to be repaid. It could be: Daily Weekly One Time Payment monthly Bi monthly quarterly semi-annually annually
Repayment Mode	The mode through which loan repayments are to be made as set up in the processing system. For e.g. repayments could be made via account transfer, direct debit or cheque.
Late Payment Penalty	The percentage rate charge applicable in case of default in repayment.
Prepayment Penalty	The percentage charge applicable in case the loan is prepaid.
Installments
Loan Tenure	The duration for which the loan amount is sanctioned in terms of years/ months /days.
Total Installments	The total number of scheduled payments to be made towards repaying the loan.
Remaining Installments	The number of scheduled payments remaining towards repaying the loan completely.
Next Installment Date	The date on which the next loan payment is due.
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.

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