3 Corporate Loan Details

This topic provides overall details for a specific corporate loan.

The Corporate Loans details page displays important information pertaining to loan account such as the net outstanding balance and the names of all the account holders, important dates associated with the loan such as the opening date and maturity date, the current status, interest rate and the branch in which the loan is held. User can avail account related transactions on the kebab menu.
  • Account Details – This section displays the basic details about the loans and finances accounts such as the account number, current status, net outstanding balance, maturity date, product name, nickname, and so on.
  • Repayment – This section displays repayment details that comprise amount repaid till date, repayment mode and the prepayment penalty, late payment penalty, total installments, the number of installments remaining as well as the next installment date and amount, amount of principal arrears, installment arrears, bank profit due and any other fees applicable, and so on.
  • Information as on Maturity Date Details – This section displays the details of Principal Outstanding, Interest Outstanding and Total Outstanding.
  • Loan Specifications Details – This section displays the disbursement details like the sanctioned loan amount, the total disbursed amount, loan tenure, interest rate, late payment penalty rate, prepayment penalty, and so on.
  • General Details - This section displays the general details like customer ID, customer name, account name, and account branch.
  • Linked Facilities - This section displays details of each facility linked to the loan. This section displays only if the application is integrated with OBCL and the selected loan account has linked facilities.

To view Corporate Loan Details:

  1. Perform one of the following navigation to access the Corporate Loan Details screen.
    • From the Dashboard, click Menu, and click Accounts, and then click Corporate Loans. Under Corporate Loans, click Overview, then click on the Loan Account Number link of the Corporate Loan Summary widget, and click Corporate Loans Details.
    • From the Dashboard, click Corporate Loans widget, and click on the Loan Account Number link of the Corporate Loan Summary, and then click Corporate Loans Details.
    • From the Search bar, type Corporate Loans – Loan Details.
    • Access through the kebab menu of transactions available under the Corporate Loans module.
    The Corporate Loan Details screen displays with the details of the selected loan.

    Figure 3-1 Corporate Loan Details


    Description of Figure 3-1 follows
    Description of "Figure 3-1 Corporate Loan Details"

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

    Table 3-1 Corporate Loan Details - Field Description

    Field Description
    Select Account

    Displays the loan account numbers in masked format along with the account nicknames (if defined), that user selected from the drop-down list.

    The account number can be either the primary party account or any linked party account that the user has access to.
    Net Outstanding Balance

    Displays the net amount of principal and interest outstanding balance.
    Maturity Date

    Displays the maturity date of the loan account.
    Product Name

    Displays the name of product under which the account is opened.
    Nickname/Add Nickname

    If there is no nickname is added to the loan account, Add Nickname displays. Click this button to add a nickname.

    If the nickname is already added, then it is displayed along with options to edit and delete it.

    For more information on account nickname, refer to the Account Nickname chapter in this user manual.
    Repayment Details This section displays the following fields are related to the repayment details.
    Amount Re-paid Till Date Displays the total loan amount repaid by the customer up to till date.
    Repayment Mode Displays the mode through which loan repayments are to be made as set up in the processing system. For example, repayments can be made via account transfer, direct debit or cheque.
    Total Instalments Displays the total number of scheduled payments to be made towards repaying the loan.
    Remaining Instalments Displays the number of remaining scheduled payments towards repaying the loan completely.
    Next Instalment Date Displays the next loan payment is due date.
    Next Instalment Amount Displays the amount to be paid for next installment.
    Principal Frequency

    Displays the intervals at which the principal is to be repaid.

    The options are:

    • Daily
    • Weekly
    • One Time Payment
    • Monthly
    • Bi monthly
    • Quarterly
    • Semi-annually
    • Annually
    Interest Frequency

    Displays the intervals at which the interest is to be paid.

    The options are:

    • Daily
    • Weekly
    • One Time Payment
    • Monthly
    • Bi monthly
    • Quarterly
    • Semi-annually
    • Annually
    Principal Arrears Displays the amount due on the loan principal if one or more installment repayments have been missed.
    Interest Arrears Displays the amount due on the loan interest if one or more installment repayments have been missed.
    Late Payment Charges Displays the charges levied on any late payment of a loan installment.
    Other Fees Displays the other/miscellaneous fees applicable on the loan account.
    Information as of Maturity Date This section displays the following fields are related to the information as of maturity date.
    Principal Outstanding Displays the outstanding principal balance, which is yet to be repaid.
    Interest Outstanding Displays the outstanding interest balance, which is yet to be repaid.
    Total Outstanding Amount Displays the summary of Principal and Interest outstanding amount.
    Loan Specifications This section displays the following fields are related to the loan specifications.
    Opening Date Displays the date on which the loan account was opened.
    Sanctioned Loan Amount Displays the amount of loan that the bank has agreed upon to provide to the customer.
    Total Amount Disbursed Displays the actual amount of loan that the bank has given to the customer till date.
    Loan Tenure Displays the duration for which the loan amount is sanctioned in terms of years/months/days.
    Interest Rate Displays the interest rate charged on the loan.
    Late Payment Penalty Displays the percentage rate charge applicable in case of late payment.
    Prepayment Penalty Displays the percentage rate charge applicable in case the loan is prepaid.
    General Details This section displays the following fields are related to the general details.
    Customer ID Displays the primary account holder’s customer ID in masked format.
    Customer Name Displays the customer name is displayed based on the customer ID.
    Account Name Displays the account name of the customer.
    Account Branch Displays the branch in which the facility or the collateral is opened.
    Linkage Details

    This section displays only when Oracle Banking Digital Experience (OBDX) application is integrated with Oracle Banking Corporate Lending (OBCL) and the account has existing facilities linked.
    Linkage Type Displays whether a facility or a collateral is linked with the loan.
    Reference Number Displays the reference number of the linkage.
    Description Displays the description of the facility or the collateral linked with the loan account.
    Branch Displays the branch in which the facility or the collateral is opened.
    Amount Displays the amount of the facility or the collateral linked to the loan account.
    Percent Displays the percentage of facility or collateral linked to the loan account.
  2. Click Kebab to perform the following account related transactions:
    • To make a repayment in the loan account, click Loan Repayment.
    • To view loan repayment schedule, click Schedule Inquiry.
    • To view disbursement details, click Disbursement Inquiry.
    • To view loan account statements, click Transactions.
    Users can also perform the following actions from this page:
    • Add account nickname/modify/delete nickname. For more information on account nickname, refer to the Account Nickname chapter in this user guide.
    • Click on the kebab menu to avail account related transactions.

    This topic contains the following sub-topic:

  • Messages and Advices
    This topic provides the information about messages and advices received against corporate loan.