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<p>A term loan is a fixed-amount loan with a fixed repayment schedule that you take from a bank, non-banking finance company (NBFC), or any financial institution. In a term loan, the interest is calculated on the entire loan amount, while in overdraft, the interest is calculated only on the amount you withdraw from the OD.</p>


Term Loan vs Overdraft: What are they, and which of them can be a better option?

HDFC, ICICI Bank cut home loan rate by 0.15%

term-loan

A term loan is a fixed-amount loan with a fixed repayment schedule that you take from a bank, non-banking finance company (NBFC), or any financial institution. In a term loan, the interest is calculated on the entire loan amount, while in overdraft, the interest is calculated only on the amount you withdraw from the OD.

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Term Loan

Term Loan vs Overdraft: What are they, and which of them can be a better option?

HDFC, ICICI Bank cut home loan rate by 0.15%

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Top News

Bharat Dynamics surges 7% on Q2 beat; What analysts expect next

Wholesale deflation at 1.21% in October vs 0.13% inflation in Sept

'Dasvi Baar' Nitish Kumar? From engineer to longest-serving Bihar CM as ‘sushasan babu’ eyes fifth term amid NDA surge

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