diff --git a/src/app/loans/loans-account-stepper/loans-account-details-step/loans-account-details-step.component.html b/src/app/loans/loans-account-stepper/loans-account-details-step/loans-account-details-step.component.html
index 7c4365da6..bfb79aff4 100644
--- a/src/app/loans/loans-account-stepper/loans-account-details-step/loans-account-details-step.component.html
+++ b/src/app/loans/loans-account-stepper/loans-account-details-step/loans-account-details-step.component.html
@@ -8,7 +8,11 @@
         formControlName="productId"
       >
         <mat-option>
-          <ngx-mat-select-search [formControl]="filterFormCtrl"></ngx-mat-select-search>
+          <ngx-mat-select-search
+            placeholderLabel="{{ placeHolderLabel }}"
+            noEntriesFoundLabel="{{ noEntriesFoundLabel }}"
+            [formControl]="filterFormCtrl"
+          ></ngx-mat-select-search>
         </mat-option>
         <mat-option *ngFor="let product of productData | async" [value]="product.id">
           {{ product.name }}
diff --git a/src/app/loans/loans-account-stepper/loans-account-details-step/loans-account-details-step.component.ts b/src/app/loans/loans-account-stepper/loans-account-details-step/loans-account-details-step.component.ts
index 21d2e6ab5..199eb4cac 100644
--- a/src/app/loans/loans-account-stepper/loans-account-details-step/loans-account-details-step.component.ts
+++ b/src/app/loans/loans-account-stepper/loans-account-details-step/loans-account-details-step.component.ts
@@ -3,6 +3,7 @@ import { Component, OnInit, Input, Output, EventEmitter, OnDestroy } from '@angu
 import { UntypedFormGroup, UntypedFormBuilder, Validators, UntypedFormControl } from '@angular/forms';
 import { ActivatedRoute } from '@angular/router';
 import { SettingsService } from 'app/settings/settings.service';
+import { TranslateService } from '@ngx-translate/core';
 
 /** Custom Services */
 import { LoansService } from '../../loans.service';
@@ -19,6 +20,10 @@ import { ReplaySubject, Subject } from 'rxjs';
   styleUrls: ['./loans-account-details-step.component.scss']
 })
 export class LoansAccountDetailsStepComponent implements OnInit, OnDestroy {
+  //** Defining PlaceHolders for the search bar */
+  placeHolderLabel = '';
+  noEntriesFoundLabel = '';
+
   /** Loans Account Template */
   @Input() loansAccountTemplate: any;
 
@@ -63,6 +68,7 @@ export class LoansAccountDetailsStepComponent implements OnInit, OnDestroy {
     private formBuilder: UntypedFormBuilder,
     private loansService: LoansService,
     private route: ActivatedRoute,
+    private translateService: TranslateService,
     private settingsService: SettingsService,
     private commons: Commons
   ) {
@@ -70,6 +76,8 @@ export class LoansAccountDetailsStepComponent implements OnInit, OnDestroy {
   }
 
   ngOnInit() {
+    this.placeHolderLabel = this.translateService.instant('labels.text.Search');
+    this.noEntriesFoundLabel = this.translateService.instant('labels.text.No data found');
     this.createLoansAccountDetailsForm();
     this.maxDate = this.settingsService.maxFutureDate;
     this.buildDependencies();
diff --git a/src/app/organization/currencies/manage-currencies/manage-currencies.component.html b/src/app/organization/currencies/manage-currencies/manage-currencies.component.html
index f10bbdecc..36f43e3a3 100644
--- a/src/app/organization/currencies/manage-currencies/manage-currencies.component.html
+++ b/src/app/organization/currencies/manage-currencies/manage-currencies.component.html
@@ -14,7 +14,11 @@
           <mat-label>{{ 'labels.inputs.Currency' | translate }}</mat-label>
           <mat-select required formControlName="currency">
             <mat-option>
-              <ngx-mat-select-search [formControl]="filterFormCtrl"></ngx-mat-select-search>
+              <ngx-mat-select-search
+                placeholderLabel="{{ placeHolderLabel }}"
+                noEntriesFoundLabel="{{ noEntriesFoundLabel }}"
+                [formControl]="filterFormCtrl"
+              ></ngx-mat-select-search>
             </mat-option>
             <mat-option *ngFor="let currency of currencyData | async" [value]="currency">
               ({{ currency.code }}) {{ currency.name }}
diff --git a/src/app/organization/currencies/manage-currencies/manage-currencies.component.ts b/src/app/organization/currencies/manage-currencies/manage-currencies.component.ts
index db18804bc..b46680a68 100644
--- a/src/app/organization/currencies/manage-currencies/manage-currencies.component.ts
+++ b/src/app/organization/currencies/manage-currencies/manage-currencies.component.ts
@@ -13,6 +13,7 @@ import {
 import { ActivatedRoute, Router } from '@angular/router';
 import { MatDialog } from '@angular/material/dialog';
 import { UntypedFormBuilder, UntypedFormControl, Validators } from '@angular/forms';
+import { TranslateService } from '@ngx-translate/core';
 
 /** Custom Dialogs */
 import { DeleteDialogComponent } from '../../../shared/delete-dialog/delete-dialog.component';
@@ -37,6 +38,9 @@ import { Currency } from 'app/shared/models/general.model';
   styleUrls: ['./manage-currencies.component.scss']
 })
 export class ManageCurrenciesComponent implements OnInit, AfterViewInit, OnDestroy, OnChanges {
+  //** Defining PlaceHolders for the search bar */
+  placeHolderLabel = '';
+  noEntriesFoundLabel = '';
   /** Selected Currencies data. */
   selectedCurrencies: any[];
   /** Currency options data */
@@ -71,6 +75,7 @@ export class ManageCurrenciesComponent implements OnInit, AfterViewInit, OnDestr
     private organizationservice: OrganizationService,
     public dialog: MatDialog,
     private router: Router,
+    private translateService: TranslateService,
     private configurationWizardService: ConfigurationWizardService,
     private popoverService: PopoverService
   ) {
@@ -81,6 +86,8 @@ export class ManageCurrenciesComponent implements OnInit, AfterViewInit, OnDestr
   }
 
   ngOnInit() {
+    this.placeHolderLabel = this.translateService.instant('labels.text.Search');
+    this.noEntriesFoundLabel = this.translateService.instant('labels.text.No data found');
     this.filterFormCtrl.valueChanges.pipe(takeUntil(this._onDestroy)).subscribe(() => {
       this.searchItem();
     });