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 5e7a36e48ca..07e55447d5b 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
@@ -52,6 +52,11 @@ public List<LocalDateInterval> determineInterestPostingPeriods(final LocalDate s
             final Integer financialYearBeginningMonth, List<LocalDate> postInterestAsOn) {
 
         final List<LocalDateInterval> postingPeriods = new ArrayList<>();
+
+        if (startInterestCalculationLocalDate == null || interestPostingUpToDate == null) {
+            return postingPeriods;
+        }
+
         LocalDate periodStartDate = startInterestCalculationLocalDate;
         LocalDate periodEndDate = periodStartDate;
         LocalDate actualPeriodStartDate = periodStartDate;