22 August 2013
do banks charge interest on loan customer wise or is it uniform for everybody for one type of loan ? eg:- if Mr.A and Mr.B, both of them want a home loan.. will the interest RATE for both of them be same or will it differ according to their individual credit worthiness and security offered?
So do the banks have a uniform interest rate for one type of loan(eg:home loan) for everybody or does the rate differ from person to person for the same type of loan