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  1. Apache Fineract
  2. FINERACT-291

A Loan has to be in Overdue state before it is classified as a NPA

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Details

    • Bug
    • Status: Closed
    • Minor
    • Resolution: Auto Closed
    • None
    • None
    • Loan

    Description

      Reported by Sughosh at https://mifosforge.jira.com/browse/MIFOSX-1743
      Original Description:
      Steps to reproduce the issue.
      Create a loan product with the following options.
      Number of days a loan may be overdue before moving into arrears : 2
      Maximum number of days a loan may be overdue before becoming a NPA (non performing asset) :1.
      Disburse a loan whose first repayment date is 2 days prior to current date.
      Run the NPA batch job.
      The loan still does not go to overdue state, which is fine.
      But, it is updated as NPA in the database.
      According to the definition, the loan should go to Overdue state.
      And one day after it is over due, it should be marked as NPA.
      In my example, the system date is 11-Dec-2014,
      First Repayment date is 09-Dec-2014.
      The loan is not over due according to my product definition.
      But it is NPA.

      Attachments

        1. Wrong NPA flag.png
          147 kB
          Santosh Math
        2. Loan Status.jpeg
          201 kB
          Santosh Math

        Activity

          People

            Unassigned Unassigned
            santoshmath Santosh Math
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            Dates

              Created:
              Updated:
              Resolved: