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