diff --git a/fineract-core/src/main/java/org/apache/fineract/portfolio/savings/domain/SavingsHelper.java b/fineract-core/src/main/java/org/apache/fineract/portfolio/savings/domain/SavingsHelper.java
index e0391a3ae..0d31101e5 100644
--- a/fineract-core/src/main/java/org/apache/fineract/portfolio/savings/domain/SavingsHelper.java
+++ b/fineract-core/src/main/java/org/apache/fineract/portfolio/savings/domain/SavingsHelper.java
@@ -57,6 +57,9 @@ public final class SavingsHelper {
             return postingPeriods;
         }
 
+        if (postInterestAsOn == null) {
+            postInterestAsOn = Collections.emptyList();
+        }
         LocalDate periodStartDate = startInterestCalculationLocalDate;
         LocalDate periodEndDate = periodStartDate;
         LocalDate actualPeriodStartDate = periodStartDate;