Following are the various features those should be considered while we do regression test that focuses on loan account and loan products.

• Collection sheet
• Different kinds of loan
  • monthly, weekly
  • different interest types
  • LSIM on and off
• Considering Holidays encountered at various stages
• Different fees
  • Type of fee
    • one time or periodic fee
    • fixed or variable amount
  • Stage of applying the fee (when the fee is applied, before/after approval, before/after disbursal, during account creation)
• Group and client
• Different Installment types
• Grace periods and penalties
• Decimal places settings
• Batch Jobs affecting the flows
• GLIM on and off (off is default)
• Product mix (should be minimal testing required)
• Reverse loan disbursal
• Redo loan disbursal
• Create multiple loans with new product type
• Permissions – how are new features impacted by permissions?
• Cash flow enabled and disabled