relating to demand loan
This query is : Resolved
15 September 2008
what is the meaning of demand loan?
what is the meaning of demand loan?
15 September 2008
any example of it.
any example of it.
15 September 2008
reply as early as possible
reply as early as possible
15 September 2008
Demand Loan is a loan which is repayable on demand. Demand loans include ; loan against FDR, Loan against RD, NSC etc. This is a category of loan where the loan funds are secured and the recovery is in time and fast. The limit of loan in such type of loan is sanctioned by having a sufficient margin to cover the interest recovery also.
15 September 2008
thanx
thanx
15 September 2008
thanx for replying my query
thanx for replying my query
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