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we can take interest free loans if it is allowed by the authorized govt. of that bank from where we are taking loan.

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13y ago

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Can I apply for an interest free loan?

Yes, you can apply for an interest-free loan, which is a loan that does not charge any interest on the borrowed amount.


How can I obtain an interest-free loan?

You can obtain an interest-free loan by looking for organizations or programs that offer such loans, such as certain non-profit organizations, religious institutions, or government agencies. You may also consider asking family or friends for a loan without interest. Be sure to carefully review the terms and conditions of any loan agreement to ensure it is truly interest-free.


Are you interested in applying for an interest free medical loan?

Are you interested in applying for a loan that doesn't charge any interest for medical expenses?


What is an interest free deal?

You only pay back principle-loan is free.


How do you pass journal entry if company take t he loan from bank includes interest?

debit bank accountcredit loan from bankwhen interest incurreddebit interest on loancredit loan from bank


How do you calculate nominal interest rate?

Nominal interest, is the amount of interest on a loan or investment that does not take into account inflation; it's the amount of interest listed on the loan or bond.


What are the terms and conditions of the 12 month interest free loan?

The terms and conditions of the 12-month interest-free loan include no interest charges for the first year, with the requirement to make monthly payments on time to avoid penalties.


Ronald took out an interest free car loan for 10950?

450.


Can I apply for an interest-free cash loan?

Yes, you can apply for an interest-free cash loan, but availability may vary depending on the lender or organization offering the loan. It's important to research and inquire with different sources to find out if such loans are available to you.


Who collects interest when you take a loan from 401K plan?

You do.


Is it better to get a high interest short term loan or a low interest long term loan?

It depends on how long you need the loan for and how long it would take for you to complete the payment. But in general a low interest long term loan means a higher interest payment over the life of the loan where as a high interest short term loan means less amount of interest payment over the life of the loan.


Where can one get an interest free car loan in Indianapolis Indiana?

You can find interest free car loans in Indianapolis, Indiana by using websites such as Zillow or Bankrate to find quotes. If you are a member of a bank or credit union you might also be able to receive an interest free car loan from them.