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Interest is waived during TD redemption, but still system liquidates Interest. (Doc ID 2508707.1)

Last updated on MAY 12, 2022

Applies to:

Oracle FLEXCUBE Universal Banking - Version 12.0.3 and later
Information in this document applies to any platform.


During TD redemption, when the interest is waived still system credits the customer account with interest.

Simulaition Steps:

  1. Pick a TD account
  2. Perform redemption. Check the interest waive flag during redemption. 
  3. System will still liquidate the Interest till date


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