Loan

This query is : Resolved 

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

12 September 2014 Dear Sagar,

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

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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