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  1. Apache Fineract
  2. FINERACT-166

Installment fee should not get collected if the prepay of loan is done before first repayment

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Details

    • Bug
    • Status: Closed
    • Major
    • Resolution: Fixed
    • None
    • 1.0.0
    • Charges, Loan

    Description

      1. Create a loan product with interest recalculation and with installment fee attached.
      2. Submit new loan application for a client on 01 Jan 2015. Approve and disburse on same date.
      3. Prepay the loan on 15 Jan 2015, in prepay loan page the amount displayed is including the charge. but loan get closed.
      > the charge amount should not get collected in prepay page.

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            santoshmath Santosh Math
            subramanya@confluxtechnologies.com subramanyasn
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            Dates

              Created:
              Updated:
              Resolved: