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Loan Is Getting Liquidated Though Auto Rollover Is On For The Loan (Doc ID 2683963.1)

Last updated on JUNE 25, 2020

Applies to:

Oracle FLEXCUBE Universal Banking - Version 14.0.0.0.0 and later
Information in this document applies to any platform.

Symptoms

On : 14.0.0.0.0 version, Production Support-SET

ACTUAL BEHAVIOR
---------------
Loan is getting liquidated though Auto Rollover is on for the Loan .

EXPECTED BEHAVIOR
-----------------------
Loan is not expected to liquidate when Auto Rollover is on for the Loan .

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Create a loan account with auto rollover enabled at the loan level.
2. Authorize the loan account.
3. Configure ROLL only for BOD (after EVDY batch).

4. Run EOD till the Maturity date is reached.

5. Verify if the loan is liquidated/Rolled over.


BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users have the loans getting Auto Liquidated on Maturity date instead of getting Rolled over

Changes

 Code modified to not populate ALIQ during EVDY batch for the accounts configured for Auto Rollover on maturity date

Cause

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In this Document
Symptoms
Changes
Cause
Solution


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