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Loans

IRR

It is used to evaluate the profitability of potential investments and is expressed as a percentage.

Understanding finance terms is crucial for making informed investment decisions. One such term is the Internal Rate of Return or IRR. It measures the cost of capital and the potential earnings from a loan. This percentage helps evaluate the profitability of investments. In simpler terms, IRR tells us whether an investment is worth it or not. So, always keep an eye on the IRR when considering investment opportunities.

Acceptance Letter

When you receive your sanction letter, it is important to carefully review the terms and conditions of the loan. If you are satisfied with the terms, you must then confirm y...

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Allotment

In the world of finance, we often come across the term "subscription" when it comes to investing in a company. Simply put, subscription is the process of accepting an applica...

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Stamp Duty

When we talk about finance, one term that often comes up is "stamp duty." This refers to the fee or duty that is paid on various financial documents, and the rate varies fro...

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Eligibility

Lenders have established a commonly accepted set of standards to assess an individual's eligibility for a loan. This criteria takes into consideration both the borrower's wi...

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