Mohan is a businessman dealing in readymade garments. As he is an owner of a
positive mindset, he found opportunities in problems and at the starting of lockdown
he thought of starting a business of making the mask. For the same purpose when he
assesses the need of Rs. 10 lac, he approaches his bank for loans. After analyzing
the project his banker transferred the said sum to his current account and assured
him that only such funds will be charged for the interest calculation, which will be used by Mohan. Such type of loan is very common in the business world and very
beneficial for business too. Identify the type of landing facility of bank availed by
Mohan.
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