CL - Internal Rate Of Return issue at Principal Prepayment
(Doc ID 2512018.1)
Last updated on DECEMBER 04, 2019
Applies to:Oracle FLEXCUBE Universal Banking - Version 12.3 and later
Information in this document applies to any platform.
Upon Principal prepayment of loan account, the accrued amount (which is fired based on Internal Rate of Return and Net Present Value) is recalculated incorrect from account value date, based on new PRINCIPAL amount.
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