Major Description
1. Create loan product with following datasets
Repayment Strategy: Overdue/Due Fee/Int,Principal
Repayments: 12 every 1 Months on
Amortization: Equal installments
Interest: 12 per annum (1% Per month) - Declining Balance
Grace: On Principal Payment
Grace: On Interest Payment
Interest Calculation Period: Daily
Interest Type: Declining Balance
Recalculate Interest: Yes
Days in year: Actual
Days in month: Actual
Interest recalculation compounding on: None
Advance payments adjustment type: Reduce EMI amount
Frequency for recalculate Outstanding Principal: Daily.
2. Submit new loan application for a client on 01 January 2016, and amount as 10000.
3.Click on more and click on edit repayment schedule. and delete first 3 repayments.
4. Approve and click on disburse the loan, in loan disbursement page enter valid inputs and click on submit button.
> Navigated page doesnot contain any loan information rather displays with out any entries.
