Unsecure loan regarding

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386 Points Posted on 28 April 2024
My Client one of unsecure loan showes Dr balnce
1.4.23 opning 14lakh40 thsand
then at the time of
31.3.24 shows Dr balnce 770000/-
show how can I calculate interest on this please elabrat with specafic detailes thanks 🙏 in advanc
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On 28 April 2024 at 10:03 Report
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Quick Summary
This discussion focuses on calculating interest for an unsecured loan. The user provided opening and closing Dr balances for a specific period and is seeking detailed instructions on how to calculate the interest accrued. Another user has pointed out that transaction details and dates are crucial for an accurate calculation.

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Chartered Accountant
86505 Points Posted on 28 April 2024
To give interest calculation we need to know the transaction made during the year along with their corresponding date
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On 28 April 2024 at 20:36
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Profession
28271 Points Posted on 29 April 2024
Post details of loan elements
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On 29 April 2024 at 06:41
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Chartered Accountant
86505 Points Posted on 30 April 2024
@ sabyasachi Stop doing nonsense 🤬🤬🤬🤬
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On 30 April 2024 at 07:14

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