1. Create loan product with following datasets, Principal: 10000, Rate of interest 12 % repaid every 1 month, RBI strategy, Interest recalculation with rest frequency same as repayment period, Prepay - calculate till rest frequency date and remaining parameters as defined by default. 2. Submit new loan application for a client on 01 April 2015 with grace period of interest as 1, approve and disburse on same date. 3. Click on prepay and mention date as 02 April 2015. 4. Loan is getting closed with prepayment of 10000. > But in the above scenario it should collect 100 as interest since rest frequency is defined as same as repayment.
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