Dnyankrupa Sahakari Patpedhi Maryadit, Mumbai
Different Loan Services:
Borrowing money from another due to own lack of money or financial resources or
Financial assistance is called loan or credit. In modern times various banks, credit banks, private credit banks, government banks money the loan has to be repaid by giving. Rarely other things are given or received as repayment instead of money.
The borrower pays interest for using the money. Interest is calculated as per cent per annum. Repayment of interest is to be done every month.
Different Loan Services as Follows