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FCUBS:CL-last few schedules emis are going zero for long tenor loans (Doc ID 3009265.1)

Last updated on MARCH 13, 2024

Applies to:

Oracle FLEXCUBE Universal Banking - Version 14.7.0.0.0 and later
Information in this document applies to any platform.

Goal

1) user  created a loan contract for loan amount  10M  and tenor  250 months.

2)edited and exploded the schedule and noticed that from schedule 177 onwards the EMI is coming as Zero.

3) user expects the system to calculate the emi till maturity
 

Solution

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In this Document
Goal
Solution


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