Custom Content Type: permalinks are not working

Hi,

I am using Custom Content Type Manager plugin and creating custom post. When i am trying to use permalink in CCTM with %postname% but its throw error when i use URL like this: https://localhost/internshipbible/banks/goldman-sachs/ .If permalinks are off in CCTM then url works fine: https://localhost/internshipbible/?post_type=banks&p=199.

My WordPress Version : 3.9.2
CCTM Version: 0.9.7.13

Please help me, I have to fix this issue urgent.