CL> Dual Formula Product, System Doesn't Default Properly If Tenor Is Different From The Defaulted Value
(Doc ID 2447101.1)
Last updated on MARCH 25, 2019
Applies to:Oracle FLEXCUBE Universal Banking - Version 12.3 and later
Information in this document applies to any platform.
The product is designed to have dual formula, Simple and Amortizing.
When creating a Loan Account, If the tenor field is not amended and when Product Default, product works as per design.
If the Tenor field is amended with the product default, the system does not populate the MAIN INT schedules properly.
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