Home Top News and Stories Business News Headlines YOUR QUERIES: LOANS: For car loan, go for a floating rate loan as interest rates are declining now
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YOUR QUERIES: LOANS: For car loan, go for a floating rate loan as interest rates are declining now

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YOUR QUERIES: LOANS: For car loan, go for a floating rate loan as interest rates are declining now

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YOUR QUERIES: LOANS: For car loan, go for a floating rate loan as interest rates are declining now

In any daily reducing balance loan, the interest is applied on the day-end balance and aggregated for the whole month.

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