1. Create a loan product with following datasets: Repayment Strategy: RBI (India) Repayments: 12 every 1 Months Amortization: Equal installments Interest: 12 per annum (1% Per month) - Declining Balance Interest Calculation Period: Same as repayment period Interest Type: Declining Balance Submitted on: 01 May 2015 Approved on: 01 May 2015 Disbursed on: 01 May 2015 Matures on: 01 May 2016 Recalculate Interest: Yes Days in year: Actual Days in month: Actual Interest recalculation compounding on: None Advance payments adjustment type: Reduce EMI amount Frequency for recalculate Outstanding Principal: Every -1 days, Add installment charge of 1% of interest to that loan 2. Create a client and disburse the loan with above mentioned loan product to that client on 01 May 2015 3. In Loan general page click on charges and click on waive button next to the installment charge, select any installment and click on submit button.
> Not able to waive charge displayed internal server error.
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