The news of hiked repo rate by RBI is in buzz as the same has been increased after almost 4 and half years. On the 6th day of June 2018, RBI has announced the revised repo rate of 6.25% which… Continue Reading →
Taking a loan for residential property is a common thing nowadays but there are many people who want to take a loan for an office space or for an outlet but they are not able to get as they have… Continue Reading →
When a loan is taken by the borrower with floating interest rates, he agrees to the fluctuation in the interest rates as per the market movements. This type of rate of interest is also called as “variable rate of interest”… Continue Reading →
Most of us know what a loan is and the benefits of the same. Also we all are smart to check if the loan we are availed with is the best one that suits our requirements. However, here is another… Continue Reading →
The loan type in which the framework works on the basis of the outstanding amount decreasing is called the reducing balance loan. It is also called rest in the banking jargon. It defines the time period after which the bank… Continue Reading →
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