Loan focused regression testing
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