diff --git a/app/global-translations/locale-en.json b/app/global-translations/locale-en.json
index 688160ae..bce294c1 100755
--- a/app/global-translations/locale-en.json
+++ b/app/global-translations/locale-en.json
@@ -90,7 +90,7 @@
     "label.input.between": "between",
     "label.input.provisioningcriteria" : "Provisioning Criteria",
     "label.input.floatingratename" : "Floating Rate",
-    "label.input.isbaselendingrate" : "Is Base Ledning Rate?",
+    "label.input.isbaselendingrate" : "Is Base Lending Rate?",
     "label.input.loanproduct" : "Loan Product",
     "label.heading.count": "Count",
     "label.heading.percentage": "Percentage",
diff --git a/app/scripts/controllers/loanAccount/EditLoanAccAppController.js b/app/scripts/controllers/loanAccount/EditLoanAccAppController.js
index c2d65b7e..d3f542a5 100755
--- a/app/scripts/controllers/loanAccount/EditLoanAccAppController.js
+++ b/app/scripts/controllers/loanAccount/EditLoanAccAppController.js
@@ -288,7 +288,7 @@
                 }
                 delete this.formData.syncRepaymentsWithMeeting;
                 delete this.formData.interestRateFrequencyType;
-
+                delete this.formData.isLoanProductLinkedToFloatingRate ;
                 this.formData.locale = scope.optlang.code;
                 this.formData.dateFormat = scope.df;
                 this.formData.loanType = scope.templateType;
diff --git a/app/views/products/createloanproduct.html b/app/views/products/createloanproduct.html
index adb3e4ee..da31df95 100755
--- a/app/views/products/createloanproduct.html
+++ b/app/views/products/createloanproduct.html
@@ -380,8 +380,7 @@
     </div>
     <div class="col-sm-2">
         <input type="text" id="interestRatePerPeriod" placeholder="{{'label.input.default' | translate}}"
-               name="interestRatePerPeriod" class="form-control" ng-model="formData.interestRatePerPeriod"
-               late-validate/>
+               name="interestRatePerPeriod" class="form-control" ng-model="formData.interestRatePerPeriod"/>
     </div>
     <div class="col-sm-2">
         <input id="maxInterestRatePerPeriod" placeholder="{{'label.input.maximum' | translate}}" type="text"
diff --git a/app/views/products/floatingrates/ViewFloatingRate.html b/app/views/products/floatingrates/ViewFloatingRate.html
index 7b1ad8d1..7a3f544d 100644
--- a/app/views/products/floatingrates/ViewFloatingRate.html
+++ b/app/views/products/floatingrates/ViewFloatingRate.html
@@ -9,7 +9,7 @@
         <api-validate></api-validate>
         <fieldset>
             <div class="btn-group pull-right">
-                <a href="#/editfloatingrate/{{id}}" class="btn btn-primary" has-permission='UPDATE_CRITERIA'><i class="icon-edit icon-white"></i>{{'label.button.edit' | translate}}</a>
+                <a href="#/editfloatingrate/{{id}}" class="btn btn-primary" has-permission='UPDATE_FLOATINGRATE'><i class="icon-edit icon-white"></i>{{'label.button.edit' | translate}}</a>
             </div>
 
             <div class="row">