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What is PLR of future money?

Updated: 9/18/2023
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Birendra64

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Q: What is PLR of future money?
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Difference between bank rate and PLR?

BANK RATE--- bank rate is rate which is used for lending or borrowing in call money market (One bank lends to or borrows from other banks for intra day) PLR-- Rate is benchmark rate for banks.


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When did change of PLR rate last four years?

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What is the rate of interest that banks charge on loans to their best customers?

PLR stands for Prime Lending Rate. This is the rate of interest at which banks grant loans to their best customers. Usually the PLR is comparable and has very little difference between banks. The PLR is usually very similar among banks


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What is the future value of your money?

the amount of money you will have at a specified date in the future


Why is it beneficial to save money for the future?

It is beneficial to save money for the future in order to avoid being forced to borrow money to pay for an unforeseen incident. By saving money in the future, you can save money by not having to pay interest on money borrowed.