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(Querist)
07 January 2020 Dear sir
If i borrowed money from bank 1Lakh. The bank said you should pay margin amount 20K . Now my question is can i repayment only 80k or 1Lakh and Interest will be calculation 80K or 1 lakh. Thank u.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
07 January 2020 Yes repayment only 80k and Interest will be calculatied on 80K.

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