Problem in Treasury Loan entry
I am facing problem in given test cases for treasury :-
Loan Sanction
10 Crs
Rate of Interest
Floating
Sanction Date
01.06.2008
Moratorium
03 Years (only on principal)
Repayment of Principal
30th Sept and 31st March after moratorium
Interest payment
Quarterly-15th January, 15th April, 15th July and 15th October Commitment Charges
0.15% starting after 60 days from 1st drawal
Additional information- * 1st year interest needs to be converted into loan and after one year interest needs to be paid * Penal Interest at 3% incase of non payment
* Rebate for timely payment- Absolute amount will be known after payment.
*Loan Drawal Schedule:
04.07.2008 1 cr 17.07.2008 0.5 cr 10.11.2008 2 cr 25.11.2008 0.6 cr 20.02.2009 2 cr 07.05.2009 0.4 cr 26.08.2009 1 cr 15.01.2010 1 cr 10.03.2011 1 cr