Loan Application

General Description:

Header Fields Description:

Detail Fields Description:

TOC

General Description: This screen is used to capture the details of a loan application. Only approved applications should be entered into the system. A Loan Application cannot be updated or deleted if disbursement is made and Payroll Processing has been started. Also please note that once a Loan application has been entered, it starts appearing in the Payroll Process and automatic deduction of loan amount starts with the next Payroll run. Go Top

Header Fields Description: Employee No Employee Number Employee NameEmployee Name Designation Designation of the employee Grade Grade of the employee Location Current location of the employee Loan Code Unique code to identify the type of loan. Applied Amount Amount applied as loan Date Applied Date of application of loan Eligible Amount Amount to which the employee is eligible Details of loan to be taken Loan Particulars, if any Fully Repaid Indicates whether the loan is repaid fully or not Sanctioned Amount Amount sanctioned as loan Sanction Date Date on which the loan is sanctioned Recovery Year Start Month Indicates the Year-Month in YYYYMM format from which the realization o the approved loan will be started. Total no. Of Instalments Indicates the number of instalments in which the loan amount is to be paid back with interest. No. Of Instalments (Principal Recovery) Total number of instalments in which the principal amount will be recovered. No. Of Instalments (Interest Recovery)Total number of instalments in which the interest amount will be recovered. Instalment Amount Amount of instalment (Principal+ Interest) Approved By Name of the approving authority Approver's Remarks Approver's remarks, if any No. Of Instalments (Principal) Paid Number of instalments paid for Principal amount. No. Of Instalments (Interest) Paid Number of instalments paid for the Interest amount. No. Of Instalments Paid Total number of instalments paid till date Total Amount PaidTotal amount paid including principal and interest till date Principal Paid Amount of principal paid till date Interest Paid Amount of interest paid till date Outstanding BalanceTotal balance due. Outstanding Balance (Principal) Principal due Outstanding Balance (Interest) Interest due. Applied for Type of Loan applied for. Nearest Branch of Construction Nearest Branch to the site of construction. Documents Submitted Check flag indicating whether all relevant documents are have been submitted or not Name of City/Town/Village Name of the city/town/village Name Of Mouza And J.L No Name of Mouza and J.L. number. Khatian No Khatian number Dag/C.S Plot No Dag/C.S Plot number. No Of Deed Deed number. Parent No Of Deed Parent number of the Deed Volume Of Deed Volume number of deed Book No Book number Page No Page number Registered At Place of registration Go Top

Detail Fields Description: Actual Disb. Date The date when the loan is actually disbursed. Actual Disb. Amount Actual amount disbursed Go Top