1. Loan Service User Guide
  2. Repayment
  3. Loan Payment and Closure
  4. Performing Settlement through CASA

5.1.9 Performing Settlement through CASA

You can perform your settlement through your CASA account.

To perform settlement through CASA:

  1. Navigate to the screen and fetch the account. For more information, refer Navigating and Fetching Account.
  2. From the Loan Payment and Closure tab, click Next.
    The Loan Settlement Details tab is displayed.
  3. From the Pay Through field, select the CASA option.
    The fields related to CASA are displayed.
  4. You can perform settlement through CASA using any of the following actions:
    • For CASA account in local currency:

      Figure 5-12 CASA Account in Local Currency

      Description of Figure 5-12 follows
      Description of "Figure 5-12 CASA Account in Local Currency"

      For more information on fields, refer to field description table below:

      Table 5-9 CASA - Local Currency – Field Description

      Field Description
      Pay Through Select the CASA option to perform the settlement.

      Note:

      For information on Ledger, refer Performing Settlement through Ledger.
      Account Select the CASA account in local currency.

      Note:

      For information on CASA in foreign currency, refer CASA in Foreign Currency.

      For information if you select the Others option from the list, refer CASA Within the Bank.

    • For CASA account in foreign currency:

      Figure 5-13 CASA Account in Foreign Currency

      Description of Figure 5-13 follows
      Description of "Figure 5-13 CASA Account in Foreign Currency"

      For more information on fields, refer to field description table below:

      Table 5-10 CASA - Foreign Currency – Field Description

      Field Description
      Pay Through Select the CASA option to perform the settlement.

      Note:

      For information on Ledger, refer Performing Settlement through Ledger.
      Account Select the CASA account in foreign currency.

      Note:

      For information on CASA in local currency, refer CASA in Local Currency.

      For information if you select the Other CASA option from the list, refer CASA Within the Bank.

      Account Amount Displays the selected CASA account’s currency and amount equivalent of the value specified in the Amount to pay field in the Loan Payment and Closure tab.
      Exchange Rate Displays the current exchange rate of the amount.

      Note:

      To modify the rate, you can click the Edit link.
    • For CASA account within the bank:

      Figure 5-14 CASA Within the Bank

      Description of Figure 5-14 follows
      Description of "Figure 5-14 CASA Within the Bank"

      For more information on fields, refer to field description table below:

      Table 5-11 CASA Within the Bank – Field Description

      Field Description
      Pay Through Select the CASA option to perform the settlement.

      Note:

      For information on Ledger, refer Performing Settlement through Ledger.
      Account Select the Others option.
      Type Select the CASA Within the Bank type.
      Account Number Specify the CASA account number for performing the settlement.
      Account Amount Displays the selected CASA account amount.
      Exchange Rate Displays the current exchange rate of the amount.

      Note:

      To modify the rate, you can click the Edit link.
  5. Click Submit.
    The screen is successfully submitted for authorization.

Parent topic: Loan Payment and Closure