How to Close a Loan Account as Rescheduled


To close a loan account as rescheduled, a Finflux user must be granted permission to do so.

Close (as rescheduled) will close the loan account irrespective of clearing the loan i.e., this option will close the loan account even though the account has outstanding.

 

On this page:

To close a loan account as rescheduled

To close a client or group loan account, select the client or group. Click the General tab.

  1. Click the loan account to be closed as rescheduled.
  2. Click More, Close (as rescheduled) on the action bar.
  3. Accept the date default for Closed on or pick a date in the past from the calendar pop-up
  4. Optionally, type a descriptive Note.
  5. Click Submit.

           

The loan account status will be changed to Closed (Rescheduled).


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