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Thread: How can I get a Rs. 10,000 loan instantly?

  1. #1

    Default How can I get a Rs. 10,000 loan instantly?

    Which is advisable, a loan of Rs. 50 lakhs or Rs. 15,000 rent per month for a shop?
    Hi,

    I won’t get into details much but I will provide you basic pros and cons in relation to your investment in shop.

    Pros:
    Benefit of depreciation at 10% under WDV method as Income Tax act will be done.
    Benefit of interest paid will be there as this is deductible expenditure if you keep it as business asset.
    General increment in prices of commercial space in higher as compared to residential.
    It will be strengthen your banking relations so that you can get more loan.
    You can restructure your loan later that you get loan as CC on this property only once you get good repo.
    You don’t need to care about rent during cash crunch issues.
    You don’t need to worry about incremental percentage of rent every year.
    Asset creation will be done.

  2. #2

    Default

    Hello! The principal amount of a loan is the amount of money that is loaned to you at the beginning of the loan, and the interest is the amount of the loan multiplied by the interest rate over the life of the loan. And that's the only part I could not pay on time. But it's good that I was advised by americor debt relief reviews. These guys helped me in such an unpleasant situation.

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