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What is BPS in loan?

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Personal Loan
0 2024-01-08T08:34:08+00:00
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BPS full form in home loan is Basis Points. It represents a unit of measurement for the interest rate in finance and is equal to 1/100th of 1%. They are used to remove any kind of ambiguity while referring to the specific interest rate. So this is what BPS in home loan is. You can learn more about it from the below link:

What is BPS in Home Loan? Avail Doorstep Assistance For Your Home Loan from NoBroker

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