WHAT IS NPF IN ACCOUNTS.
AN ENTRY IN BANK STATEMENT" NPF SOME NAME XXXX DR SIDE"
PLEASE ANSWER WHAT IS NPF?



WHAT IS NPF IN ACCOUNTS. AN ENTRY IN BANK STATEMENT" NPF SOME NAME XXXX DR SIDE" PLEASE ..

Answer / Dhanraj

In this context, NPF stands for 'Nominal Principal Figure'. It is the original principal amount that a borrower agrees to repay in installments over the loan tenure. In bank statements, when you see an entry such as 'NPF Some Name XXXX DR Side', it indicates that a loan has been taken or disbursed to 'Some Name XXXX'.

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