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Re: Interest calculation for FD's

Hi Marie Wild,

 

Thanks for your reply...

 

I am facing the end date issue not only with fixed deposit but also with other product types like rupee term loan,Inter corporate loans etc.. I have given the following inputs while creating the product type.

 

Product typeFixed-Term DepositRupee Term Loan
Prod. Category510 - Fixed-term deposit550 - Interest rate instrument
Int. Calc. Methodact/365act/365
Eff. Int. MethodBlankEU act/365
Calc.TypeBlankBlank
Facility CategoryBlankBlank
Fee CalculationDo not include competative bidsDo not include competative bids

 

Please let me know do i need to do any changes in the configuration.

 

Regards,

Venkat


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