calculation intrest on unsecured loan

This query is : Resolved 

13 September 2016 how can i calculate intrest on unsecured loan plzzz send me a sheet @ indrajitdas12@gmail.com

13 September 2016 you can calculate the same at the rate mutually agreed upon between the loan giver and loan taker, on the balance outstanding. The interest RESTs can be as per the mutually decided agreement. (Banker in india have started following monthly rests)


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