My Oracle Support Banner

Loan Not Liquidated Instead Extra Schedule Added Even When Pre Closure Check Box Ticked (Doc ID 2706664.1)

Last updated on SEPTEMBER 01, 2020

Applies to:

Oracle FLEXCUBE Universal Banking - Version 12.3 and later
Information in this document applies to any platform.

Symptoms


Loan not Liquidated instead extra schedule added even when Pre Closure check box ticked

Loan repayment done to settle outstanding principal and interest. Instead of loan being liquidated an new row is inserted in CLTB_ACCOUNT_SCHEDULES with same amount as last schedule. Both rows remain amount settled zero so that there is a mismatch between CLTB_ACCOUNT_SCHEDULES and CLTB_AMOUNT_PAID for Principal Component.

Given that this is a pre closure, when doing payment, Pre Closure of Loan Check box is ticked

Cause

To view full details, sign in with your My Oracle Support account.

Don't have a My Oracle Support account? Click to get started!


In this Document
Symptoms
Cause
Solution
References


My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.