Hello members
Can anybody plz provide calculator or a format for comparing and selecting the best of two or three santioned loan.
thnx and regards
neeta
CA Ayush Agarwal
(Kolkata-Pune-Mumbai)
(27086 Points)
Replied 01 April 2010
Neeta
(Finance)
(345 Points)
Replied 01 April 2010
thnx ayush , plz guide further . simply brief if we have two loans santioned one for 20 lakhs and the other for 22 lakhs ,terms:
the brate of interest being same .
the margin being 55 % and 58 % respectively.
what is the effect of the same in accepting the loan ?????? what role does actually margin ?
CA Ayush Agarwal
(Kolkata-Pune-Mumbai)
(27086 Points)
Replied 01 April 2010
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