LOAN COMPARISON

Hello members

Can anybody plz provide calculator or a format for comparing and selecting the best of two or three santioned loan.

 

thnx and regards

neeta

Replies (3)

Here we Go !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

thnx ayush , plz guide further . simply brief if we have two loans santioned one for 20 lakhs and the other for 22 lakhs ,terms:

the brate of interest being same .

the margin being 55 % and 58 % respectively.

what is the effect of the same in accepting the loan ?????? what role does actually margin ?

Margine is Collateral .That U Have To Keep With Lender.......

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