English, asked by owais0311, 1 year ago

advantages of installments

Answers

Answered by swethasharon282000
0
can help u in paying little late
like if u dont have money too much to get an object u can pay little and later u can go with monthly payment 
to clear ur purchase 

Answered by sona561
0
Hi......

)Loans from co-operative banks are easily available to farmers andsmall businessmen involving minimium formalities.
(ii)Co-operative banks provide a convenient means of borrowing. Loansare generally granted at a lower rate of interest.(iii)Sometimes co-operative banks organise training programmes formembers to familiaries them with the various avenues of businessand regarding proper utilisation of loan money.(iv)Being a member of a cooperative bank, the borrower can participatein the management and also share in the profits of the society.(v)Co-operative loans create a sense of thrift and self-reliance amongthe low income group.(vi)Loans are generally given for productive purposes and that helpsto develop the financial and social status of the people.

hope it will help u .. :-)


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