Method of Interest Calcautions
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 June 2011
I by way of this mail want to get knowledge about " How interest is calcuated / charged by bank over a term loan and CC Accounts, OD Accounts."
05 June 2011
method of interest calculation is daily product basis, on highest overdraft per day.
compounded and debited monthly.
compounded and debited monthly.
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