|
Test data:-
Loan term: 11 Weeks
No. Of Repayments: 11
Repaid Every: 1 Weeks
Nominal interest rate %: 18.6729 Per year
Amortization: Equal Instalments
Interest method: Flat
Interest calculation period: Same as repayment
Repayment strategy: Mifos strategy.
Precondition - Create office, Client, Loan product.
Test data:-
Submit new loan application for the created client with following data:-
Principal: 60,000
Loan term: 11 Weeks
No. Of Repayments: 11
Repaid Every: 1 Weeks
Nominal interest rate %: 18.6729 Per year
Amortization: Equal Instalments
Interest method: Flat
Interest calculation period: Same as repayment
Repayment strategy: Mifos strategy.
Precondition - Create office, Client, Loan product.
Description:-
1) Select the created client & click on the new loan application - Fill all the required fields & Click on Preview repayment schedule.
Expected result:
Please check the attached document(1.xlsx).
Actual Result:
Please refer screenshot: 1.png
|
