Explained: How the loan cash back scheme for borrowers works

Loan cash back scheme: A borrower with a Rs 50 lakh home loan outstanding, for example, will get a benefit of around Rs 12,425 in the form of savings on accounts of compound interest for a six months period, assuming the rate of interest at 8 per cent.


from Indian Express Explained: Today's News Explained, Latest India News Explained, Facts about Today India and World News | The Indian Express
Read The Rest:indianexpress...

No comments:

Powered by Blogger.