What Is Meant By Loan Account

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Posted on January 23, 2019 at 03:40 AM

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What is account? definition and meaning ...
3. Commerce: On-going contractual relationship between a buyer and seller whereby payment for goods received is made at a later time (usually 30 days). See also charge account and open account.
What is an Interest Rate on a Loan or Savings Account?
An interest rate is a number that describes how much interest will be paid on a loan (or how much you’ll earn on interest-bearing deposits). Rates are usually quoted as an annual rate, so you can figure out how much interest will be due on any amount of money.
In bank process what is meant by NEFT - Answers.com
National electronic funds transfer.....

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