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Loan

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12 September 2014 what is the meaning of Disbursement regarding Loan ?? thanks in advance :)
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CA Devanand Jethanandani

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CA Devanand Jethanandani (Expert)
12 September 2014 Dear Sagar,

When loan amount is paid by the lender it is called Disbursement.
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Tushar Desai

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Tushar Desai (Expert)
12 September 2014 yes, agreed. When Bank agrees to give Loan after aproving your application, it is called "Sanctioning Loan". When it is paid, it is "Disbursement".
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