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interest
how much interest at reducing bal on buying a used car for 200000 loan
Asked by Mahavir (Mumbai) 641 day(s) ago
Answers
1
on a used car,u have to pay 16 % reducing for 2 lac loan
Answered by Prabhjot Singh (Ludhiana) 641 day(s) ago
2
How old is the car , b'cos as for old car loan, 7 years is taken as the life of the car so if the car is 5 yrs old then u will get a loan for 2 yrs only. and accordingly your interest rate will come in.
Answered by Saroj Mahapatra (Jamshedpur) 586 day(s) ago