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Part period interest is the interest that is charged by the bank against a loan when it gets closed in mid-month. For example, if a loan closes in mid-month or before the end of the month, say on the 10th of a particular month, then the interest paid until then is called part-period interest. You can learn more about it here-
What is part period interest?
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What is part period interest?
Raghav
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2023-04-09T22:07:10+00:00 2023-04-13T09:31:24+00:00Comment
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