Loan Write Off In Banks

This video gives a detail overview on loan write-off. When loans are written off, they are removed as assets from the balance sheet because the bank does not expect to recover payment. The portion that the company does not expect to collect is written off. The company credits the accounts receivable account on the balance sheet and debits the bad debt expense account on the income statement.
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[@VJ-hg8uu]

Can we open the write off loan account and continue the payment?

[@dapmainshylla7654]

I have a full and final settlement agreement with my previous loan but now I still my loan applications is not approve

[@akulamanish7761]

Nice topic soon you will achieve 1 million subscribers Nisha 🔜

[@abinjoseph4541]

madam my cbil report it is written loan closed write off what does it mean..

[@RAJENDRAPRASAD-hz1qp]

Hi my credit card showing as written off in my credit reports, the question is can I make the payment if it is showing as written off, and if I pay my bill can my cibil will get to normal stage..

[@katharenaproperty6694]

Thanks for your Video

[@DevTechFinance]

Thanks for commenting. Glad that the video was helpful.

[@onetime9012]

Awesome info.

[@DevTechFinance]

Thank you. Glad that you liked.

[@glittersolutions]

@@DevTechFinance you should reply to all questions

[@ayushdhokte3690]

Thank You MaaM

[@DevTechFinance]

Thanks alot for commenting. Kindly keep up the support on channel.

[@sridhar9bodike]

Hi, I have a personal loan in written off (total) with x amount
But when I approached bank and asked if i pay written off (total) x amount mentioned in cibil report then will I get NOC? They replied for NOC you need to pay Y amount which is more than x what is mentioned in written off (total) in cibil in order to issue NOC. And also it would take 30 to 45 days to get your NOC. They said Written off ( total) is only principal amount and if you pay that your status will be updated as settlement instead of closed.
So my question is , is the above situation is true? And is written off ( total) means only principal amount ?

[@tusarchandranayak8385]

No answers..
They don't know perhaps

[@WoW5tastic]

Can I get NOC after loan write off for my car

[@DevTechFinance]

Loan write off doesnt mean closure of full loan. Bank has full right to recover outstanding loan amount, so they wont provide NOC for the same.

[@hemanthkumar320]

how many years shown in written-off amount in my account

[@tusarchandranayak8385]

10 year

[@prakashgiri9527]

Hello ma'am. Is this video comes into Banking system module playlist? Please reply🙏 I am noting down all the videos provided by you on Banking system module playlist. That is why I am asking you. And tell me one more thing that will you provide us future videos on banking system module so that I can make whole register on this topic. And you are really doing such a nice job I promise I will follow your all playlist soon. I am really liking your videos and you have such a nice,sweet and clear voice. Thank you very much🤗🤗🤗

[@DevTechFinance]

Thank you so much.Really obliged for all the support and appreciation. Yes this video is a part of banking system module. I will be constantly uploading videos related to banking system. Any query or suggestion is always welcome. Thank you again for such a nice comment.

[@mrinalsarkar4123]

Great

[@DevTechFinance]

Thank you. Kindly keep up the support on channel.

[@mrinalsarkar4123]

@@DevTechFinanceNamaste, I'm a banker from Dhaka Bangladesh...work in state owned bank

[@sanjaykumar-ox3fv]

secure loan write off karte hai nbfc wale

[@sanjeevconcor]

Diffrence write off and waive off, Possesion of Flat SINEDIE

[@niltumahata1164]

Hindi video

[@harshitkedia5323]

are aap to bas read kr rhi ho!
smjhana bhi hota hai madam