(a) Loan amount (In Rupees) (b) Duration of loan (c) Documents required (d) Interest rate (e) Mode of repayment (f) Collateral |
Answer:
Details
of Megha's loans are filled below
(a) Loan amount (In Rupees)
5 lakhs
(b)
Duration of loan
10
years
(c)
Documents required
Salary
slips, employment record
(d)
Interest rate
12%
per annum
(e)
Mode of repayment
Monthly
instalment in cash/ by cheque
(f)
Collateral
New
house papers
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