1. Loan Service User Guide
  2. Accounts
  3. Loan Adhoc Charges

2.3 Loan Adhoc Charges

You can initiate a transaction to collect adhoc charges for a loan account using the Loan Adhoc Charges screen.

To initiate loan adhoc charges:

Note:

The fields marked as Required are mandatory.
  1. On the Homepage, from Loan Service mega menu, under Accounts, click Loan Adhoc Charges. You can also open the screen by specifying Loan Adhoc Charges in the search icon bar and selecting the screen.
    The Loan Adhoc Charges screen is displayed.

    Figure 2-15 Loan Adhoc Charges

    Description of Figure 2-15 follows
    Description of "Figure 2-15 Loan Adhoc Charges"
  2. On the Loan Adhoc Charges screen, click the Search icon or specify the account number in the Account Number field, and press Tab or Enter. For more information on search, refer Fetch Account Number.
    The details are displayed in the Charge Details tab.

    Note:

    If the product of the active loan account number does not have a component defined with Component Type as Adhoc Charge, then the system will display a message that adhoc charge component is not maintained for the loan product.

    Figure 2-16 Charge Details tab

    Description of Figure 2-16 follows
    Description of "Figure 2-16 Charge Details tab"
  3. On the Charges Details tab, perform the action for initiating the loan adhoc charges. For more information on fields, refer to field description table below:

    Table 2-9 Charge Details tab – Field Description

    Field Description
    Account Number Click the Search icon and select the account number or specify the account number for performing loan adhoc charges.

    Note:

    As you specify the account number, the name of the account holder appears next to the account number.
    Value Date Select or specify the value for performing the transaction.

    Note:

    You can specify a future date that is within the maturity date.
    Component Select the loan component type.
    Charge Type Select the charge type for the loan account that is maintained at host.
    Amount Specify the amount to pay for adhoc charges.

    Note:

    The amount currency is displayed in this field and it is not enabled.
  4. Click Next.

    The Settlement Details tab is displayed. For more information on this tab, refer Settlement through CASA and Settlement through Ledger.

  5. Click Submit.
    The transaction is submitted for authorization.

Parent topic: Accounts