write four steps with regard to making deposits while placing orders for products
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Steps for making deposits while placing order.
Explanation:
Deposits are those money that are paid to bank while purchasing an order in a loan criteria. When someone takes a loan for a product then he has to make installments or deposits to finish that loan.
Steps for making deposits while placing order:
Suppose you are buying a product from a market, a mall or from online portals.
- First you have to choose a plan for loan purpose in which different criterias has been shown. It inherits times period with interest rate etc.
- Do the paper works nad all the formalities from the shop if your are in mall or market or do it online if you are doing it online.
- Give your account details. Only give required details not unnecessary details. Card no., Bank account details etc.
- Check for eligibility, fif you are eligible, then loan is provided to you. Every month you have to pay a deposit to the bank for a certain period of time.
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