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EMI amount increased automatically without any change in RATE/Principal amount. Loan liquidation did not happen on due date.ALIQ event not executed. (Doc ID 2245690.1)

Last updated on MAY 22, 2020

Applies to:

Oracle FLEXCUBE Universal Banking
Information in this document applies to any platform.

Purpose

The purpose of the document is to provide a reference to an end user on the following:

1. EMI amount increased automatically without any change in RATE/Principal amount.

2. Loan liquidation did not happen on due date.

3. ALIQ event not executed.

Intended Audience: This document is intended for OFSS Employees, Customers & Partners

Questions and Answers

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In this Document
Purpose
 Intended Audience: This document is intended for OFSS Employees, Customers & Partners
Questions and Answers
 Q1. EMI amount increased automatically without any change in RATE/Principal amount.
 Q2. Loan liquidation did not happen on due date.
 Q3. For a particular loan account, system never executed ALIQ event.

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