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Loans

Tenure

In the world of finance, there exists a period known as the 'loan term'. This term refers to the time frame between the disbursement of a loan and the final payment, whether it be the last EMI or the closure of the loan. It is an essential aspect to understand as it affects the overall cost and duration of the loan. So, it is crucial to carefully consider the loan term before taking on any financial obligations.

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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Down payment

When buying a home or a car, you may need to pay a certain amount of money upfront to cover the gap between the purchase price and the loan amount. This is known as a down p...

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ADR

In the world of finance, there is a term that has gained popularity in recent times, known as ADR or American Depository Receipt. This instrument is traded in the US market ...

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