Navigate to loan product creation page
Fill the mandatory fields
Choose the interest type as "Declining Balance - Interest Recalculation"
Verify Interest type in summary page click preview button.
Click "view loan product information" link
In the Loan Product Details Page verify the interest type
Click on "Edit Loan Product Details" link and verify if the interest type is persisted.
Navigate to create new loan account page
Choose the loan product that was created above and fill the mandatory fields
Click continue and navigate to loan account summary page and check the interest type.
Click submit button and click on "View Loan account details"
In the loan account details page verify the interest type.