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How Banks calculate interest on your Loan Account
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In this video, I have explained the process by which banks calculate the interest on loan account.
Banks add interest in principal on the last date of the month.
Interest calculations are very simple and if you will watch my video till the end you will find that you can also calculate the interest on your loan account.
Murari Garg
Banks add interest in principal on the last date of the month.
Interest calculations are very simple and if you will watch my video till the end you will find that you can also calculate the interest on your loan account.
Murari Garg
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