RBANKING : Loans Department

The loans module of the RBanking software allows users to quickly process and manage loans. At a click of a button you can :

• Prepare a schedule of payments.
• Make payments for loan accounts.
• View all pertinent details of a client’s account, from transactions to a list of all other accounts with the bank.

Generate reports for loans approved and released along with charts showing the distribution of releases. Prepare notices and reminders quickly. These can be printed individually or by batches according to the dates desired.

MAIN MENU

Access to functions in the LOANS program is determined by user log in. For example, new employees are restricted to only accepting applications for new accounts and selling heckbooks; while others have rights to enter transactions. The security module embedded in the program allows managers to control the transaction amount allowed to certain employees.

RBANKING : Managing Loans

The loans folder provides an easy way to keep abreast of accounts and clients.

The loans folder shows all payments, rebates, and condonations made for a particular loan.

The loans folder also shows clients’ details along with all transactions, and provides a listing of other accounts.

View Clients & Accounts

This gives users another way to track clients by viewing all accounts of the selected invidividual.

Penalty & Interest Payments Distribution

View the history of transactions for each loan account. It shows all payments made for penalties and interest. Here it is easy to see which clients have good credit.

Lookup Penalty/Interest

Alternatively, view the list of payments made by a client for all his accounts, regardless of the accounts that he/she has.

Accounts

Users see details of a particular loan account such as account details, collateral information etc.

Loan Portfolio

Shows the distribution of loan releases amongst the general loan types i.e. as well as their respective breakdowns.

Pending Approvals & Pending Release

Users can see the list of accounts pending approval or releas. At a click of a button, get further details of the loan.

RBANKING : Loans Processing

Application Form

Fill up the Loans Application form by entering all pertinent details about the client and the loan. View the terms of the loan and due dates of payments.

Approval Form

Only users with high access levels are allowed to approve loan applications.

Creating Accounts

After approval of a loan application, create the account.

Pending Approvals & Pending Releases

At a glance, view the list of accounts pending approval or release. Click a button to view further loan details.

RBANKING : Creating Reports

Accounts Opened Today

View or print all accounts created for the day.

Today’s Transactions

View all the transactions for the day carried out by user currently logged in.

Teller’s Reports

See the movement of cash for a teller. View the amount of cash taken out and brought back in, along with daily transactions in the t-account format. This signals the transfer of funds from a savings account to a current account whenever a check is issued.

Cashier’s Report

View employee records of cash withdrawn.