Through this feature, the customer is able to gain an understanding of the loan repayment life cycle. This page displays details of each installment including the interest and principal amounts along with any charges if applicable, and the total installment amount due on each specific date throughout 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 > My Accounts > Loans > More Options > Schedule Inquiry
OR
Dashboard > Toggle Menu > Accounts > Loans and Finances > Schedule Inquiry
Field Name |
Description |
---|---|
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. |
First Installment |
The date on which the first installment payment is due on the loan. |
Last Installment |
The date on which the last installment payment is due on the loan. |
Total Installments |
The total number of installments of the loan. |
Installments Paid |
The number of installments paid till date. |
Amount paid till date |
The total amount paid in installments till date. |
Graphical representation of loan schedule The loan schedule is displayed in graphical form. |
|
Date Range |
The customer can select the period for which to view installment details. |
Sr No. |
Serial number of each installment will be displayed against the installment record. |
Due Date |
The date on which the specific installment is due. |
Principal |
Principal amount that is due corresponding to the installment date. |
Interest |
Interest 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 |
Any amount that remains to be paid, if at all, on the specific installment date. |
To view loan schedule: