Loan focused regression testing

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