property schedule and titles deposits with banks livestock are common example of ............. used for bORROWING
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Property such as land titles, deposits with banks, livestock are some common examples of collateral used for borrowing. Megha has taken a loan of Rs 5 lakhs from the bank to purchase a house. The annual interest rate on the loan is 12 per cent and the loan is to be repaid in 10 years in monthly instalments
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