Skip to:

  1. Skip to Jira Navigation
  2. Skip to Side Navigation
  3. Skip to Main Content

Introduce tenure Min/Max constraints for Tranche loans

Description

Currently, the schedules for Tranche loans are autogenerated based on the fixed EMI.

We need to validate that the resulting tenure falls within the min/max criteria defined at a loan product level

Environment

None

Attachments

4
  • 11 Dec 2014, 07:12 AM
  • 11 Dec 2014, 06:56 AM
  • 11 Dec 2014, 06:56 AM
  • 11 Dec 2014, 06:56 AM

Activity

Show:

Sughosh Bharadwaj December 12, 2014 at 11:08 AM

Tested and working as expected.

Sughosh Bharadwaj December 11, 2014 at 7:11 AM

Yes, I'm even able to disburse the loan.

Vishwas Babu A J December 11, 2014 at 7:04 AM

Did you try submitting the application? are you being allowed to create the loan with this repayment schedule?

Sughosh Bharadwaj December 11, 2014 at 6:54 AM
Edited

Issue still exists.

Loan Product Details

Details
Short name : JLG
Include Borrower Cycle : true

Currency
Currency: US Dollar
Decimal Places : 0
Currency in Multiples Of 0

Terms
Terms vary based on Loan Cycle : false
Principal: 15000
Number of Repayments: 26 ( Min:25 , Max:26)
Repay Every: 2 Weeks
Nominal Interest Rate: 26 Per year

Settings
Amortization Equal installments
Interest Method Declining Balance
Interest Calculation Period Daily
Repayment Strategy RBI (India)
Days in year Actual
Days in month Actual
Recalculate Interest Yes
Interest recalculation compounding on None
Advance payments adjustment type Reduce EMI amount
Frequency for recalculate Outstanding Principal Monthly
Frequency Interval for recalculation 2
Frequency Date for recalculation 01 October 2010
Place Guarantee Funds On-Hold? No

Loan Tranche Details
Is Multi Disburse Loan true
Maximum Tranche count 2
Maximum allowed outstanding balance 15000

Fixed

Details

Assignee

Reporter

Labels

Team

Core

Fix versions

Priority

More fields

Created December 8, 2014 at 4:27 AM
Updated December 12, 2014 at 11:08 AM
Resolved December 12, 2014 at 11:08 AM

Flag notifications