Yes, interest will be charged at the contractual interest rate on outstanding amount.
When it comes to taking out a loan, one of the most critical factors to consider is the interest rate. The business interest rate determines how much you will pay throughout the loan and affects your ...
April 16, 2024
Owning a home is a dream for many of us. However, repaying a home loan can be a long and daunting process. It’s essential to reduce the home loan principal amount as much as possible to save on ...
June 28, 2024
Starting or expanding a business requires access to capital, and for many micro, small, and medium enterprises (MSMEs), securing funds can be challenging, especially if they do not have collateral to ...
April 10, 2024