The government’s decision to waive “interest on interest” during the March-August loan moratorium period will benefit all individuals with loans up to Rs 2 crore but if you have a home loan, especially one that was availed several years ago, your savings will not be much. However, if you have outstanding credit card loans or dues, the benefits will be quite substantial since interest rates range between 19.5% and 42.4% per annum.
source https://timesofindia.indiatimes.com/business/india-business/card-users-to-gain-more-from-interest-on-interest-waiver/articleshow/78484105.cms
Popular Posts
-
The Taliban killed the Islamic State militant responsible for the suicide bombing that left 13 US troops and 170 Afghans dead at the Kabul a...
-
Pakistan PM Shehbaz Sharif met IMF MD Kristalina Georgieva in Paris on Thursday for release of halted funds ahead of the credit line’s expir...
-
Trump, 74, wore a mask as he waved from the back seat of a black SUV that crawled in a caravan of vehicles in front of the Walter Reed Natio...
Recent Posts
Blog Archive
All the right reserved @ 2020-21 Glorries . Powered by Blogger.
0 Comments:
Post a Comment