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Old 5th March 2008, 20:06   #5 (permalink)
btirthankar
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Join Date: Sep 2007
Location: Some National Highway
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Quote:
Originally Posted by jkdas View Post
Interest rate is 8%.

My co-bro is paying 21XXX for 3 years for 7lac. Interest comes to 65K or so.
I dont believe it..?? How can he be charged so less...considering current RBI PLR ? I am sure this may be the effective ROI or maybe Flat ROI p.a.
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