What happens if a deposit is pre-paid?
|
What happens if a deposit is pre-paid?
If a deposit is repaid after 6 months from the date of deposit but before its expiry, the rate of interest on such a deposit shall be reduced by 1% from the rate which the company would have paid had the deposit been accepted for the period for which such deposit had run.
|
What is lease financing?Lease financing is a contractual agreement between the owner of the assets (lessor) and user of the assets…
