Bank loan entry in tally erp9

Yes, if it is a secured loan.

If banks gives under secured loan. A secured loan is a loan where the lender gives you a loan in exchange for collateral or security. It could be a physical asset like gold, a house or vehicle or a financial asset like equity shares, fixed deposits, mutual funds, life insurance policies, etc. The lender keeps the security either physically or in terms of a lien on the title until the loan is repaid. If you cannot repay the loan, the lender might sell your collateral to recover their money.

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