1. Create Loan product with the monthly repayment, Repayent strategy = RBI style, "Pre-closure interest calculation rule" = Calculate till rest frequency date, "Frequency for recalculate Outstanding Principal" = same as repayment period with interest recalculation. 2. Submit new loan application for a client with the above mentioned loan product on 01 January 2015 approve and disburse on same date. 3. Make repayment of 3000 on 02 February 2015. 4. Prepay loan on 03 February 2015.
> Loan is not getting closed instead still balance due is getting displayed.
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