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OBCL Contract Not Getting Liquidated Post Full Pre Payment (Doc ID 3077608.1)

Last updated on MARCH 21, 2025

Applies to:

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

Symptoms

ACTUAL BEHAVIOR
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Status of contract is not getting updated to liquidated after doing pre-closure on loan, status of the contract is still showing as active in flex cube.

CASA account is deducted with the Liquidated amount successfully.


Actual result:
-----------------
 Status of loan contract is showing as active in flex cube after pre-closure of loan

STEPS
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The issue can be reproduced at will with the following steps:
1. Go to OLDPMNT screen
2. Enter limit date as maturity date
3. Get the amount to liquidate the loan by clicking on P
4. Save the amendment
5. Authorize the amendment
6. Verify the status of loan and outstanding amount


Cause

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In this Document
Symptoms
Cause
Solution
References


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