3.5 Accounts

Under the Accounts menu, you can perform various vital transactions on a loan account.

This topic contains the following subtopics:

• Loan Adhoc Charges
  User can initiate a transaction to collect adhoc charges for a loan account using the Loan Adhoc Charges screen.
• Loan Disbursement
  You can initiate a disbursement for the loan account using the Loan Disbursement screen. The disbursement can be a partial or full disbursement.
• Loan 360
  The Loan 360 screen is the dashboard for loans service, which gives a consolidated view of all the details related to a loan account and helps user to perform various transactions on the account.
• Loan Write-Off
  User can write-off the loan amount of the customer that is not coverable from the customer using the Loan Write-Off screen.
• Transaction Inquiry
  User can access the details of a particular transaction and provide clarifications to customers with the help of available features in the Transaction Inquiry screen.
• Transaction View & Reversal
  User can view the loan transactions related to an account. If required, user can also initiate reversal of the transaction after due diligence using the Transaction View & Reversal screen.
• Manage Hardship
  User can create, edit, and withdraw a hardship plan for a loan account using the Manage Hardship screen.
• Manage SCRA/MLA Benefits
  User can submit the SCRA requisition customer's loan accounts using the Manage SCRA/MLA Benefits screen.
• Maintain Account Condition
  User can view and add a new account condition for the selected loan account using the Maintain Account Condition screen.
• Loan Disbursement Schedule
  You can view the future disbursement schedules maintained along with their settlement details using the Loan Disbursement Schedule screen.
• Forfeit Excess Amount
  User can forfeit the excess amount available in the loan account using the Forfeit Excess Amount screen.
• Refund Excess Amount
  User can refund the excess amount available in the loan account using the Refund Excess Amount screen.
• Manual Provision
  User can view or capture provision values for various components for the selected loan account using the Manual Provision screen.
• Freeze Account Status
  User can using the Freeze Account Status screen.
• Failed Events Inquiry
  User can view the events failed for the selected retail accounts using the Failed Events Inquiry screen.
• Status Change Inquiry
  User can view the status movements for the selected loan using the Status Change Inquiry screen.
• Sanctioned Amount Revision
  User can initiate a top-up by capturing required details and proceed with steps required for credit appraisal before submitting the final application using the Sanctioned Amount Revision screen.
• Manage Loan Securities
  User can manage the limits and collateral associated with the loan account through the Manage Loan Securities screen.
• APR History
  User can view the annual percentage rate history for a selected account using the APR History screen.
• Loan Account Preferences
  User can view various account level preferences and also preferences can set for the provision using the Loan Account Preferences screen.
• Manage Parties
  User can add, modify, delete parties attached to various relationships for a selected loan account using the Manage Parties screen.