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