CCI Online Learning
What do you want to learn today?
     
CIBIL

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Interest charged by housing finance company


Can a housing finance company charge interest on disbursement from cheque given date (to the borrower) or interest should be charged from actual clearing date of the cheque given?

For eg, if Rs. 1 lacs cheque is issued to Mr. X (borrower) on 01.07.2019. However he deposited the cheque on 01.08.19. So whether interest should be charged from 01.07.19 or 01.08.19?



You need to be the querist or approved CAclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :





Trending Tags

GST Live Class    |    x