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EMI Schedule generated incorrectly for Long Tenor Loans (Doc ID 2598747.1)

Last updated on FEBRUARY 01, 2021

Applies to:

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

Symptoms

ACTUAL BEHAVIOR
---------------
When loan account was created with tenor of 240 Months the generated EMI schedule is not proper

EXPECTED BEHAVIOR
-----------------------
EMI schedule should be drawn correctly based on tenor and Loan amount etc



Cause

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In this Document
Symptoms
Cause
Solution
References


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