Accountancy, asked by hana786, 7 months ago

what is loan account ?​

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Answered by nidhi150707
2

Answer:

The loan account is used to track transactions related to the loan, which include interest, repayment, and any applicable charges. The loan account is a specific instance of a loan product, with a specified interest rate and an account number, and it is owned by a specified MFI customer.

Answered by mnithyashree94436488
3

Answer:

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