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FCUBS - CIDRSCHD - Islamic Asset Rescheduling Is Not Working As Expected (Doc ID 2997079.1)

Last updated on JANUARY 15, 2024

Applies to:

Oracle FLEXCUBE Universal Banking - Version 14.6.0.0.0 and later
Information in this document applies to any platform.

Symptoms

ACTUAL BEHAVIOR
---------------
Islamic Asset Rescheduling is not working as expected

EXPECTED BEHAVIOR
-----------------------
Asset rescheduling should be supported as per the designed functionality.

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Finance contract is booked, After few months Finance contract is rescheduled using CIDRSCHD screen
2. CIDRSCHD screen enter query, Unlock and Initiate rescheduling.
3. Schedules are adjusted to start the next EMI as on after 3 month (3 months break)
4. On Expload: System is adjusting the EMI schedule from the given date

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users cannot perform the rescheduling of loan

Changes

 The adjustment component was not maintained for all the overdue component and caused the issue.

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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