How To Set "Collateral Percentage" More Than 100% When "Collateralized" Is Set As "Secured" In "Loan Product Setup" Page?

(Doc ID 2189056.1)

Last updated on NOVEMBER 22, 2017

Applies to:

Oracle Loans - Version 12.1.3 and later
Information in this document applies to any platform.

Symptoms

In the "Loan Product Setup" page, after selecting "Collateralized" as "Secured", when the "Collateral Percentage" is set to a value more than 100, the following error is encountered :

Collateral Percentage - The Collateral Percentage should be between 0 and 100.

In case of some loan products, the business requirement is that the system should allow 'Collateral Percentage' to be set to any value more than 100%. 

Cause

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