Society's Loan Installment Method
The installment of loan of the society is determined according to the following method
- The first installment of the loan will be payable on the 10th of the next month. After this you will have to pay your installment to the society on or before the 10th of every month.
- You have to repay the loan taken by you within the time period mentioned . You can also repay your loan by paying the higher amount in advance or installments. With this, you will be able to repay your loan quickly and also achieve your goals easily by paying less interest.
The amount of the special first installment will be different because it involves interest for a period of more than one month.
